South Plains Financial, Inc. Income Statement

Income Statement Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & Cost
Provisions 6.90M2.80M25.57M-1.92M-2.62M4.61M4.30M
Revenue 147.73M161.21M223.89M219.23M214.62M218.97M195.17M
Interest income
Interest income - Loans 105.71M116.90M121.73M120.54M137.95M176.60M202.27M
Interest Income - Debt Securities 13.98M14.59M17.82M17.88M17.52M21.59M21.09M
Interest Income - Fed Funds 3.94M6.13M0.69M0.41M3.67M9.97M14.32M
Interest Income - Total 118.09M132.94M138.23M135.04M161.17M212.03M240.90M
Interest expenses
Interest Expense - Deposits 17.56M22.49M11.89M8.29M17.00M64.99M87.08M
Interest Expense - Debt 1.82M1.95M2.22M4.06M4.05M4.02M3.38M
Interest Expenses 22.48M28.37M15.95M13.27M22.69M72.29M93.80M
Interest Income - Net 95.61M104.58M122.28M121.76M138.48M139.75M147.10M
Non-interest income
Interest Income - Total 88.71M101.78M96.72M123.68M141.09M135.14M142.80M
Financial Services Fees 7.13M7.02M7.64M8.31M10.83M1.70M1.70M
Service Charges 7.81M8.13M7.03M6.96M6.83M7.13M8.03M
Investment Gain (Loss) -3.41M
Investment Banking Income 19.70M23.52M63.53M51.18M20.76M11.03M10.52M
Mortgage Banking 0.33M1.51M8.54M10.61M2.79M3.66M
Card Income 8.85M8.69M10.04M12.24M12.95M13.32M13.64M
Trading Income 2.32M
Other Non-Interest Income 8.15M5.26M5.56M5.38M9.96M5.53M1.26M
Non-Interest Income 52.12M56.63M101.60M97.47M76.14M79.23M48.07M
Operating Items
Amortization - Intangibles 2.87M1.02M3.55M4.64M4.53M3.87M3.22M
Research & Development 2.23M2.83M3.57M4.01M3.78M3.41M4.29M
Wages, Salaries and Other 71.78M75.39M89.22M93.36M86.32M79.38M74.34M
Rent Expense 13.57M13.57M14.66M14.56M15.99M16.10M16.11M
Other Operating Expenses 33.78M29.64M123.48M129.46M124.32M115.43M107.19M
Operating Expenses 115.44M121.71M141.72M148.03M144.09M134.95M127.58M
Operating Income 5.33M7.71M11.89M15.36M15.36M16.68M13.29M
EBIT 5.33M7.71M11.89M15.36M15.36M16.68M13.29M
Non-operating items
Non Operating Investment Income 33.78M
Interest & Investment Income 17.50M10.00M20.50M48.25M40.38M35.00M31.40M
Other Non Operating Income 0.12M0.19M0.25M0.28M0.41M0.68M0.65M
Net income details
EBT 25.39M36.70M56.60M73.12M73.15M79.42M63.29M
Tax Provisions -3.90M7.48M12.59M14.51M14.91M16.67M14.18M
Profit After Tax 29.29M29.22M45.35M58.61M58.24M62.74M49.72M
Equity Income 16.80M25.24M28.68M15.40M
Income from Continuing Operations 29.29M29.22M44.01M58.61M58.24M62.74M49.11M
Consolidated Net Income 29.29M29.22M44.01M58.61M58.24M62.74M49.11M
Income towards Parent Company 29.29M29.22M44.01M58.61M58.24M62.74M49.11M
Net Income towards Common Stockholders 29.29M29.22M44.01M58.61M58.24M62.74M49.11M
Additional items
EPS (Basic) 1.981.742.513.263.353.733.03
EPS (Weighted Average and Diluted) 1.981.712.473.173.233.622.92
Shares Outstanding (Weighted Average) 17.47M18.01M18.06M17.79M17.00M16.48M16.39M
EBITDA 27.49M32.42M65.73M50.98M-20.57M76.18M40.77M
Tax Rate 20.38%22.24%19.84%20.38%20.99%22.41%