South Plains Financial, Inc. (SPFI) Tax Rate (2018 - 2026)
South Plains Financial's Tax Rate came in at 21.77% for Q2 2026, up 0.19 percentage points from 21.58% a year earlier and up 0.99 percentage points from the prior quarter.
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Analysis
South Plains Financial, Inc. (SPFI) Tax Rate (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, South Plains Financial reported Tax Rate of 20.97%, down 0.29 percentage points year-over-year; for FY2025, it came in at 21.06%, down 0.39 percentage points from FY2024.
- Tax Rate carries a five-year change of +1.19 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 21.45% in FY2024 (+0.46 pp), 20.99% in FY2023 (+0.61 pp), 20.38% in FY2022 (+0.54 pp) and 19.84% in FY2021 (-0.04 pp).
- The Q2 2026 figure represents the highest quarterly Tax Rate since Q2 2024.
- Year-over-year, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -0.42 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q1 2024 (a gain of 1.87 percentage points), and the weakest in Q1 2026 (a drop of 0.92 percentage points).
- Business Quant data shows SPFI's Tax Rate at 20.78% (Q1 2026), 20.08% (Q4 2025) and 21.02% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.77% |
| Mar 31, 2026 | 20.78% |
| Dec 31, 2025 | 20.08% |
| Sep 30, 2025 | 21.02% |
| Jun 30, 2025 | 21.58% |
| Mar 31, 2025 | 21.70% |
| Dec 31, 2024 | 20.38% |
| Sep 30, 2024 | 21.63% |
| Jun 30, 2024 | 21.87% |
| Mar 31, 2024 | 22.42% |
| Dec 31, 2023 | 21.26% |
| Sep 30, 2023 | 21.44% |
| Jun 30, 2023 | 20.83% |
| Mar 31, 2023 | 20.55% |
| Dec 31, 2022 | 21.33% |
| Sep 30, 2022 | 20.40% |
| Jun 30, 2022 | 20.12% |
| Mar 31, 2022 | 19.81% |
| Dec 31, 2021 | 19.90% |
| Sep 30, 2021 | 19.66% |
API Access
South Plains Financial, Inc. Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=SPFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "SPFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();