South Plains Financial (SPFI) Rent Expense (2018 - 2026)

South Plains Financial has reported Rent Expense for 9 years, with the latest figure at $4.0 million in Q1 2026.

• For the quarter ending Q1 2026, Rent Expense fell 1.84% year-over-year to $4.0 million; the trailing twelve-month figure through Mar 2026 stood at $16.0 million (down 1.32% YoY), and the FY2024 full-year result was $16.1 million, changed 0.02% from the prior year.
• Rent Expense for Q1 2026 stood at $4.0 million, down from $4.0 million in the prior quarter.
• The five-year high for Rent Expense was $4.3 million in Q2 2023, with the low at $3.7 million in Q1 2022.
• Average Rent Expense over 5 years is $4.0 million, with a median of $4.0 million recorded in 2024.
• Year-over-year, Rent Expense advanced 15.26% in 2022 and slipped 6.37% in 2024.
• Tracing SPFI's Rent Expense over 5 years: stood at $4.1 million in 2022, then slipped by 5.61% to $3.9 million in 2023, then rose by 1.17% to $3.9 million in 2024, then increased by 3.72% to $4.0 million in 2025, then dropped by 2.3% to $4.0 million in 2026.
• The last three Rent Expense figures came in at $4.0 million (Q1 2026), $4.0 million (Q3 2025), and $4.0 million (Q2 2025), per Business Quant data.

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