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

South Plains Financial's Tax Rate history runs 9 years deep, the most recent figure standing at 20.78% for Q1 2026.

• In Q1 2026, Tax Rate fell 92.0% year-over-year to 20.78%; the TTM figure through Mar 2026 stood at 21.52% (up 22.0% YoY), while the FY2025 annual figure was 21.74%, up 29.0% from the prior year.
• Tax Rate was 20.78% for Q1 2026 at South Plains Financial, down from 22.71% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 22.71% in Q4 2025 to a low of 10.97% in Q4 2022.
• Historically, Tax Rate has averaged 20.56% across 5 years, with a median of 21.02% in 2025.
• The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 893 bps in 2022, then soared 1029 bps in 2023.
• A 5-year view of Tax Rate shows it stood at 10.97% in 2022, then jumped by 94 bps to 21.26% in 2023, then fell by 4 bps to 20.38% in 2024, then advanced by 11 bps to 22.71% in 2025, then dropped 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.