South Plains Financial, Inc. (SPFI) Wages, Salaries and Other (2018 - 2026)
South Plains Financial's Wages, Salaries and Other was $23.52 million in Q2 2026, up 19.3% from $19.71 million a year earlier and up 16.7% from the prior quarter.
South Plains Financial, Inc. (SPFI) Wages, Salaries and Other (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, South Plains Financial's Wages, Salaries and Other was $82.79 million through Jun 30, 2026, up 9.9% year-over-year; for FY2024, it came in at $74.34 million, down 6.3% from FY2023.
- Wages, Salaries and Other has now declined for three consecutive years, with a five-year compound annual growth rate of -0.3% (FY2019 to FY2024).
- In earlier years, Wages, Salaries and Other was $79.38 million in FY2023 (-8.0%), $86.32 million in FY2022 (-7.5%), $93.36 million in FY2021 (+4.6%) and $89.22 million in FY2020 (+18.3%).
- The Q2 2026 figure marks the highest quarterly Wages, Salaries and Other since Q3 2021.
- Compared with a year earlier, Wages, Salaries and Other was higher in six of the last seven quarters, with growth averaging 4.1%.
- The best year-over-year quarter for Wages, Salaries and Other over five years was Q2 2026 (growth of 19.3%); the worst was Q3 2023 (a decline of 18.4%).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.52 Mn |
| Mar 31, 2026 | 20.15 Mn |
| Sep 30, 2025 | 19.41 Mn |
| Jun 30, 2025 | 19.71 Mn |
| Mar 31, 2025 | 19.44 Mn |
| Dec 31, 2024 | 17.38 Mn |
| Sep 30, 2024 | 18.77 Mn |
| Jun 30, 2024 | 19.20 Mn |
| Mar 31, 2024 | 18.99 Mn |
| Dec 31, 2023 | 17.98 Mn |
| Sep 30, 2023 | 18.71 Mn |
| Jun 30, 2023 | 23.44 Mn |
| Mar 31, 2023 | 19.25 Mn |
| Dec 31, 2022 | 18.70 Mn |
| Sep 30, 2022 | 22.93 Mn |
| Jun 30, 2022 | 21.99 Mn |
| Mar 31, 2022 | 22.70 Mn |
| Dec 31, 2021 | 21.55 Mn |
| Sep 30, 2021 | 24.12 Mn |
| Jun 30, 2021 | 23.38 Mn |
South Plains Financial, Inc. Wages, Salaries and Other 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=wages-salaries-and-other&ticker=SPFI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "wages-salaries-and-other", "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=wages-salaries-and-other&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();