What is SPFI revenue?

South Plains Financial Inc. (SPFI) reported $237.79M of revenue for the twelve months ended Sep 30, 2026. That is up 13.3% from the year before. Revenue for fiscal 2025 was $211.89M.

Yes. South Plains Financial Inc. earned $69.56M in net income for the twelve months ended Sep 30, 2026, a net margin of 29.3%.

How much cash and debt does SPFI have?

South Plains Financial Inc. reported $776.74M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is SPFI revenue growing?

South Plains Financial Inc.'s revenue changed +8.6% in fiscal 2025, to $211.89M. Its compound annual growth rate was -1.1% over 5 years.

What is SPFI free cash flow?

South Plains Financial Inc. generated $83.53M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $87.40M less capital expenditures.

What is SPFI earnings per share?

Diluted earnings per share were $3.77 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did SPFI last report financial results?

The latest statements here come from South Plains Financial Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.

Financials · SPFI

South Plains Financial Inc. (SPFI) financials

For the twelve months ended Sep 30, 2026, South Plains Financial Inc. reported $237.79M of revenue and $69.56M of net income.

Revenue, TTM: $237.79M
Revenue growth, YoY: +13.3%
Net income, TTM: $69.56M
Net income growth, YoY: +16.5%
Net margin: 29.3%
Free cash flow, TTM: $83.53M
EPS, diluted, TTM: $3.77
EPS growth, YoY: +7.7%
Cash: $776.74M
P/E: 11.67
P/S: 3.41
Market cap: $812.0M

Annual revenue$211.89M

FY2018FY2025

Annual net income$58.47M

FY2018FY2025

Annual free cash flow$71.83M

FY2018FY2025

SPFI revenue and earnings growth

SPFI revenueQ3 2026$65.27M

Quarter YoY: +20.5%
QoQ: +1.2%
FY YoY: +8.6%
5Y CAGR: -1.1%

SPFI revenue was $65.27M in fiscal Q3 2026 (ended Sep 30, 2026), up 20.5% from a year earlier and up 1.2% from the prior quarter. For the full fiscal 2025 it was $211.89M, up 8.6% from fiscal 2024. Compound annual growth was -1.1% over 5 years. It rose in 4 of the last 7 fiscal years.

SPFI net incomeQ3 2026$20.77M

Quarter YoY: +27.3%
QoQ: +9.3%
FY YoY: +17.6%
5Y CAGR: +5.2%

SPFI net income was $20.77M in fiscal Q3 2026 (ended Sep 30, 2026), up 27.3% from a year earlier and up 9.3% from the prior quarter. For the full fiscal 2025 it was $58.47M, up 17.6% from fiscal 2024. Compound annual growth was +5.2% over 5 years. It rose in 4 of the last 7 fiscal years.

SPFI EPSQ3 2026$1.06

Quarter YoY: +10.4%
QoQ: +10.4%
FY YoY: +17.8%
5Y CAGR: +6.8%

SPFI diluted EPS was $1.06 in fiscal Q3 2026 (ended Sep 30, 2026), up 10.4% from a year earlier and up 10.4% from the prior quarter. For the full fiscal 2025 it was $3.44, up 17.8% from fiscal 2024. Compound annual growth was +6.8% over 5 years.

SPFI free cash flowQ3 2026$30.49M

Quarter YoY: +35.7%
QoQ: +13.6%
FY YoY: +28.2%
5Y CAGR: +98.7%

SPFI free cash flow was $30.49M in fiscal Q3 2026 (ended Sep 30, 2026), up 35.7% from a year earlier and up 13.6% from the prior quarter. For the full fiscal 2025 it was $71.83M, up 28.2% from fiscal 2024. Compound annual growth was +98.7% over 5 years. It rose in 5 of the last 7 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Revenue	$211.89M	$195.17M	$218.97M	$214.62M	$219.23M	$223.89M	$161.21M	$147.73M
Interest expense	-	-	$72.29M	$22.69M	$13.27M	$15.95M	$28.37M	$22.48M
Pre-tax income	$74.07M	$63.29M	$79.42M	$73.15M	$73.12M	$56.60M	$36.70M	$25.39M
Income tax	$15.60M	$13.57M	$16.67M	$14.91M	$14.51M	$11.25M	$7.48M	-$3.90M
Net income	$58.47M	$49.72M	$62.74M	$58.24M	$58.61M	$45.35M	$29.22M	$29.29M
EPS, basic	$3.59	$3.03	$3.73	$3.35	$3.26	$2.51	$1.74	$1.98
EPS, diluted	$3.44	$2.92	$3.62	$3.23	$3.17	$2.47	$1.71	$1.98
Diluted shares	17.0M	17.0M	17.3M	18.0M	18.5M	18.3M	17.0M	14.8M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Cash and equivalents	$552.44M	$359.08M	$330.16M	$234.88M	$486.82M	$300.31M	$158.10M	$245.99M
Goodwill	$19.32M	$19.32M	$19.32M	$19.51M	$19.51M	$19.51M	$18.76M	$0
Total assets	$4.48B	$4.23B	$4.20B	$3.94B	$3.90B	$3.60B	$3.24B	$2.71B
Short-term debt	-	$0	-	-	$0	$26.55M	$37.16M	$17.70M
Total liabilities	$3.99B	$3.79B	$3.80B	$3.59B	$3.49B	$3.23B	$2.93B	$2.50B
Shareholders' equity	$493.84M	$438.95M	$407.11M	$357.01M	$407.43M	$370.05M	$306.18M	$154.58M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Operating cash flow	$77.49M	$59.38M	$58.54M	$123.59M	$96.27M	$5.63M	$30.48M	$26.92M
Capital expenditures	$5.66M	$3.35M	$4.68M	$4.47M	$2.92M	$3.31M	$4.00M	$3.13M
Free cash flow	$71.83M	$56.03M	$53.86M	$119.12M	$93.35M	$2.32M	$26.49M	$23.79M
Investing cash flow	-$68.22M	-$13.93M	-$143.38M	-$408.86M	-$159.84M	-$156.23M	-$213.49M	-$184.09M
Financing cash flow	$184.09M	-$16.53M	$180.11M	$33.33M	$250.08M	$292.81M	$95.12M	$108.60M
Dividends paid	$10.10M	$9.15M	$8.74M	$8.01M	$5.38M	$2.53M	$1.08M	$30.05M
Share repurchases	$8.53M	$1.34M	$17.76M	$22.70M	$9.23M	$293.0K	$0	-
Stock-based compensation	$2.62M	$2.32M	$2.16M	$2.75M	$1.64M	$1.27M	$853.0K	$0
Depreciation and amortization	$5.81M	$6.51M	$6.41M	$6.96M	$6.44M	$6.58M	$5.22M	$5.18M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018
Revenue growth, YoY	8.6%	-10.9%	2.0%	-2.1%	-2.1%	38.9%	9.1%	-
Net income growth, YoY	17.6%	-20.8%	7.7%	-0.6%	29.2%	55.2%	-0.2%	-
EPS growth, YoY	17.8%	-19.3%	12.1%	1.9%	28.3%	44.4%	-13.6%	-
Net margin	27.6%	25.5%	28.7%	27.1%	26.7%	20.3%	18.1%	19.8%
Free cash flow margin	33.9%	28.7%	24.6%	55.5%	42.6%	1.0%	16.4%	16.1%
Return on equity	11.8%	11.3%	15.4%	16.3%	14.4%	12.3%	9.5%	18.9%
Return on assets	1.3%	1.2%	1.5%	1.5%	1.5%	1.3%	0.9%	1.1%

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$65.27M	$64.49M	$54.15M	$53.88M	$54.18M	$54.67M	$49.15M	$51.87M	$47.93M	$48.60M	$46.78M	$44.31M
Interest expense	-	-	-	-	-	-	-	-	-	-	$23.36M	$22.07M
Pre-tax income	$26.37M	$24.28M	$18.36M	$19.09M	$20.66M	$18.63M	$15.70M	$20.72M	$14.31M	$14.25M	$14.02M	$13.11M
Income tax	$5.60M	$5.29M	$3.82M	$3.83M	$4.34M	$4.02M	$3.41M	$4.22M	$3.09M	$3.12M	$3.14M	$2.79M
Net income	$20.77M	$18.99M	$14.54M	$15.25M	$16.32M	$14.61M	$12.29M	$16.50M	$11.21M	$11.13M	$10.87M	$10.32M
EPS, basic	$1.10	$0.99	$0.89	$0.94	$1.00	$0.90	$0.75	$1.01	$0.68	$0.68	$0.66	$0.65
EPS, diluted	$1.06	$0.96	$0.85	$0.90	$0.96	$0.86	$0.72	$0.96	$0.66	$0.66	$0.64	$0.60
Diluted shares	19.6M	19.8M	17.0M	-	17.0M	16.9M	17.1M	-	17.1M	16.9M	16.9M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$776.74M	$787.76M	$722.00M	$552.44M	$635.05M	$470.50M	$536.30M	$359.08M	$471.17M	$298.01M	$371.94M	$330.16M
Goodwill	$66.59M	$66.59M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M	$19.32M
Total assets	$5.41B	$5.39B	$4.65B	$4.48B	$4.48B	$4.36B	$4.41B	$4.23B	$4.34B	$4.22B	$4.22B	$4.20B
Short-term debt	-	-	-	-	-	$1.35M	-	$0	-	-	-	-
Total liabilities	$4.79B	$4.76B	$4.14B	$3.99B	$4.00B	$3.91B	$3.96B	$3.79B	$3.89B	$3.80B	$3.81B	$3.80B
Shareholders' equity	$622.76M	$629.76M	$504.94M	$493.84M	$477.80M	$454.07M	$443.74M	$438.95M	$443.12M	$417.99M	$408.71M	$407.11M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$30.93M	$27.87M	$16.17M	$12.43M	$24.22M	$14.75M	$26.09M	$4.17M	$17.87M	$18.18M	$19.16M	$6.56M
Capital expenditures	$436.0K	$1.04M	$1.35M	$1.05M	$1.75M	$1.73M	$1.14M	$1.03M	$773.0K	$1.08M	$474.0K	-$1.0K
Free cash flow	$30.49M	$26.84M	$14.82M	$11.39M	$22.46M	$13.02M	$24.96M	$3.14M	$17.10M	$17.10M	$18.69M	$6.56M
Investing cash flow	-$58.93M	$51.79M	$3.09M	-$84.72M	$51.86M	-$25.59M	-$9.77M	-$14.69M	$63.73M	-$75.46M	$12.50M	-$13.62M
Financing cash flow	$16.98M	-$13.90M	$150.30M	-$10.32M	$88.47M	-$54.95M	$160.90M	-$101.56M	$91.56M	-$16.65M	$10.12M	-$15.21M
Dividends paid	$3.39M	$3.25M	$2.77M	$2.60M	$2.60M	$2.44M	$2.47M	$2.45M	$2.29M	$2.29M	$2.13M	$2.14M
Share repurchases	$0	$12.84M	$0	$0	$0	$276.0K	$8.25M	$0	$1.00M	$305.0K	$35.0K	$5.90M
Stock-based compensation	$763.0K	$873.0K	$668.0K	$651.0K	$650.0K	$754.0K	$569.0K	$617.0K	$563.0K	$657.0K	$481.0K	$532.0K
Depreciation and amortization	$1.74M	$1.97M	$1.50M	$1.46M	$1.42M	$1.46M	$1.48M	$1.60M	$1.66M	$1.63M	$1.63M	$1.63M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	20.5%	18.0%	10.2%	3.9%	13.1%	12.5%	5.1%	17.1%	-0.1%	-40.5%	3.9%	-9.6%
Net income growth, YoY	27.3%	30.0%	18.3%	-7.5%	45.5%	31.2%	13.1%	59.8%	-16.9%	-62.5%	17.6%	-18.2%
EPS growth, YoY	10.4%	11.6%	18.1%	-6.2%	45.5%	30.3%	12.5%	60.0%	-15.4%	-61.4%	20.8%	-15.5%
Net margin	31.8%	29.4%	26.9%	28.3%	30.1%	26.7%	25.0%	31.8%	23.4%	22.9%	23.2%	23.3%
Free cash flow margin	46.7%	41.6%	27.4%	21.1%	41.5%	23.8%	50.8%	6.1%	35.7%	35.2%	39.9%	14.8%

Source: XBRL data South Plains Financial Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SPFI peers

Company	Revenue	Growth	Net income	Net margin	Market cap
SPFI	$237.79M	+13.3%	$69.56M	29.3%	$812.0M
JPMJP Morgan Chase & Co.	$203.15B	+13.2%	$65.98B	32.5%	$908.43B
BACBank of America Corporation	$120.16B	+5.4%	$32.24B	26.8%	$348.81B
WFCWells Fargo & Company	$87.23B	+5.4%	$22.97B	26.3%	$256.63B
CCitigroup Inc.	$85.22B	+5.6%	$14.31B	16.8%	$201.89B
UBSUBS Group AG Registered	$49.57B	+2.0%	$7.80B	15.7%	$151.93B
MFGMizuho Financial Group Inc. Sponosred ADR (Japan)	¥8.79T	+7.6%	¥1.16T	13.2%	$122.19B
COFCapital One Financial Corporation	$63.01B	+31.2%	$10.87B	17.2%	$119.45B
BNSBank Nova Scotia Halifax Pfd 3	C$37.74B	+12.1%	C$7.79B	20.6%	$114.51B

SPFI FAQ

8 questions

What is SPFI revenue?
South Plains Financial Inc. (SPFI) reported $237.79M of revenue for the twelve months ended Sep 30, 2026. That is up 13.3% from the year before. Revenue for fiscal 2025 was $211.89M.
Is SPFI profitable?
Yes. South Plains Financial Inc. earned $69.56M in net income for the twelve months ended Sep 30, 2026, a net margin of 29.3%.
How much cash and debt does SPFI have?
South Plains Financial Inc. reported $776.74M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is SPFI revenue growing?
South Plains Financial Inc.'s revenue changed +8.6% in fiscal 2025, to $211.89M. Its compound annual growth rate was -1.1% over 5 years.
What is SPFI free cash flow?
South Plains Financial Inc. generated $83.53M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $87.40M less capital expenditures.
What is SPFI earnings per share?
Diluted earnings per share were $3.77 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did SPFI last report financial results?
The latest statements here come from South Plains Financial Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
Where does this SPFI financial data come from?
Quantisnow builds these statements from the structured XBRL data South Plains Financial Inc. files with the SEC. It is provided for information only and is not investment advice.