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

South Plains Financial's Rent Expense history runs 9 years deep, the most recent figure standing at $4.0 million for Q1 2026.

• In Q1 2026, Rent Expense fell 1.84% year-over-year to $4.0 million; the TTM figure through Mar 2026 stood at $16.0 million (down 1.32% YoY), while the FY2024 annual figure was $16.1 million, changed 0.02% from the prior year.
• Rent Expense was $4.0 million for Q1 2026 at South Plains Financial, down from $4.0 million in the prior quarter.
• In the past five years, Rent Expense ranged from a high of $4.3 million in Q2 2023 to a low of $3.7 million in Q1 2022.
• Historically, Rent Expense has averaged $4.0 million across 5 years, with a median of $4.0 million in 2024.
• The sharpest annual moves came in 2022 and 2024: Rent Expense rose 15.26% in 2022, then retreated 6.37% in 2024.
• A 5-year view of Rent Expense shows it stood at $4.1 million in 2022, then decreased by 5.61% to $3.9 million in 2023, then increased by 1.17% to $3.9 million in 2024, then grew by 3.72% to $4.0 million in 2025, then slipped 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.