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.

• On a quarterly basis, Rent Expense fell 1.84% year-over-year to $4.0 million in Q1 2026; TTM through Mar 2026 was $16.0 million, a 1.32% decrease from a year earlier, with the FY2024 full-year figure at $16.1 million, changed 0.02% from the prior year.
• Rent Expense fell to $4.0 million in Q1 2026 per SPFI's latest filing, from $4.0 million in the prior quarter.
• Across five years, Rent Expense topped out at $4.3 million in Q2 2023 and bottomed at $3.7 million in Q1 2022.
• The 5-year median for Rent Expense is $4.0 million (2024), against an average of $4.0 million.
• Across the five-year window, Rent Expense advanced 15.26% in 2022 and slipped 6.37% in 2024, its largest moves.
• Year by year, Rent Expense 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.
• Per Business Quant, the three latest SPFI Rent Expense figures stand at $4.0 million (Q1 2026), $4.0 million (Q3 2025), and $4.0 million (Q2 2025).