South Plains Financial (SPFI) Research & Development (2018 - 2026)
South Plains Financial's quarterly Research & Development came in at $1.4 million in Q1 2026, up 18.64% year-on-year from $1.2 million in Q1 2025, and up 16.64% quarter-over-quarter from $1.2 million in Q3 2025.
South Plains Financial has reported Research & Development for 9 years, with the latest figure at $1.4 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 18.64% year-over-year to $1.4 million; the trailing twelve-month figure through Mar 2026 stood at $4.9 million (up 10.09% YoY), and the FY2024 full-year result was $4.3 million, up 25.69% from the prior year.
- Research & Development for Q1 2026 stood at $1.4 million, up from $1.2 million in the prior quarter.
- The five-year high for Research & Development was $1.4 million in Q1 2026, with the low at $818000.0 in Q3 2023.
- Average Research & Development over 5 years is $1.0 million, with a median of $1.0 million recorded in 2022.
- Year-over-year, Research & Development slipped 17.95% in 2023 and jumped 33.5% in 2024.
- Tracing SPFI's Research & Development over 5 years: stood at $878000.0 in 2022, then decreased by 4.33% to $840000.0 in 2023, then soared by 33.1% to $1.1 million in 2024, then climbed by 5.9% to $1.2 million in 2025, then climbed by 16.64% to $1.4 million in 2026.
- The last three Research & Development figures came in at $1.4 million (Q1 2026), $1.2 million (Q3 2025), and $1.2 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 554,000.00 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | - |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | - |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | - |
| 10 | South Plains Financial | 661.23 Mn | -70.93 Mn | - | 1.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.38 Mn |
| Sep 30, 2025 | 1.18 Mn |
| Jun 30, 2025 | 1.18 Mn |
| Mar 31, 2025 | 1.16 Mn |
| Dec 31, 2024 | 1.12 Mn |
| Sep 30, 2024 | 1.09 Mn |
| Jun 30, 2024 | 1.09 Mn |
| Mar 31, 2024 | 990,000.00 |
| Dec 31, 2023 | 840,000.00 |
| Sep 30, 2023 | 818,000.00 |
| Jun 30, 2023 | 888,000.00 |
| Mar 31, 2023 | 864,000.00 |
| Dec 31, 2022 | 878,000.00 |
| Sep 30, 2022 | 908,000.00 |
| Jun 30, 2022 | 941,000.00 |
| Mar 31, 2022 | 1.05 Mn |
| Dec 31, 2021 | 978,000.00 |
| Sep 30, 2021 | 1.07 Mn |
| Jun 30, 2021 | 907,000.00 |
| Mar 31, 2021 | 1.05 Mn |
| Dec 31, 2020 | 805,000.00 |
| Sep 30, 2020 | 843,000.00 |
| Jun 30, 2020 | 1.08 Mn |
| Mar 31, 2020 | 847,000.00 |
| Dec 31, 2019 | 726,000.00 |
| Sep 30, 2019 | 722,000.00 |
| Jun 30, 2019 | 689,000.00 |
| Mar 31, 2019 | 693,000.00 |
| Dec 31, 2018 | 566,000.00 |
| Sep 30, 2018 | 564,000.00 |
| Jun 30, 2018 | 553,000.00 |
| Mar 31, 2018 | 550,000.00 |