South Plains Financial (SPFI) Tax Rate (2018 - 2026)

South Plains Financial has reported Tax Rate for 9 years, with the latest figure at 20.78% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 92.0% year-over-year to 20.78%; the trailing twelve-month figure through Mar 2026 stood at 21.52% (up 22.0% YoY), and the FY2025 full-year result was 21.74%, up 29.0% from the prior year.
• Tax Rate for Q1 2026 stood at 20.78%, down from 22.71% in the prior quarter.
• The five-year high for Tax Rate was 22.71% in Q4 2025, with the low at 10.97% in Q4 2022.
• Average Tax Rate over 5 years is 20.56%, with a median of 21.02% recorded in 2025.
• Year-over-year, Tax Rate slumped 893 bps in 2022 and surged 1029 bps in 2023.
• Tracing SPFI's Tax Rate over 5 years: stood at 10.97% in 2022, then surged by 94 bps to 21.26% in 2023, then retreated by 4 bps to 20.38% in 2024, then climbed by 11 bps to 22.71% in 2025, then declined by 8 bps to 20.78% in 2026.
• The last three Tax Rate figures came in at 20.78% (Q1 2026), 22.71% (Q4 2025), and 21.02% (Q3 2025), per Business Quant data.

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