SPFI
Income statement / Annual
Last year (2024), South Plains Financial, Inc.'s total revenue was $283.10 M,
an increase of 13.92% from the previous year.
In 2024, South Plains Financial, Inc.'s net income was $49.72 M.
See South Plains Financial, Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
| Operating Revenue |
$283.10 M |
$248.52 M |
$231.94 M |
$227.51 M |
$235.58 M |
$186.23 M |
$167.47 M |
$149.53 M |
| Cost of Revenue |
$98.10 M
|
$76.90 M
|
$20.07 M
|
$11.35 M
|
$41.52 M
|
$31.17 M
|
$29.38 M
|
$19.94 M
|
| Gross Profit |
$185.00 M
|
$171.62 M
|
$211.86 M
|
$216.16 M
|
$194.07 M
|
$155.06 M
|
$138.09 M
|
$129.59 M
|
| Gross Profit Ratio |
0.65
|
0.69
|
0.91
|
0.95
|
0.82
|
0.83
|
0.82
|
0.87
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative Expenses |
$74.34 M
|
$79.38 M
|
$86.32 M
|
$93.36 M
|
$89.22 M
|
$75.39 M
|
$71.78 M
|
$67.13 M
|
| Selling & Marketing Expenses |
$3.78 M
|
$3.45 M
|
$3.61 M
|
$3.23 M
|
$3.09 M
|
$3.02 M
|
$3.05 M
|
$2.99 M
|
| Selling, General & Administrative Expenses |
$78.12 M
|
$82.83 M
|
$89.94 M
|
$96.59 M
|
$92.31 M
|
$78.41 M
|
$74.83 M
|
$70.12 M
|
| Other Expenses |
$43.59 M
|
$9.37 M
|
$48.78 M
|
$46.45 M
|
$45.15 M
|
$39.95 M
|
$37.87 M
|
$35.73 M
|
| Operating Expenses |
$121.71 M
|
$92.20 M
|
$138.71 M
|
$143.04 M
|
$137.46 M
|
$118.36 M
|
$112.70 M
|
$105.85 M
|
| Cost And Expenses |
$219.81 M
|
$169.10 M
|
$158.79 M
|
$154.39 M
|
$178.98 M
|
$149.53 M
|
$142.08 M
|
$125.79 M
|
| Interest Income |
$240.90 M
|
$212.03 M
|
$161.17 M
|
$135.04 M
|
$138.23 M
|
$132.94 M
|
$118.09 M
|
$104.44 M
|
| Interest Expense |
$93.80 M
|
$72.29 M
|
$22.69 M
|
$13.27 M
|
$15.95 M
|
$28.37 M
|
$22.48 M
|
$15.98 M
|
| Depreciation & Amortization |
$6.51 M
|
$6.41 M
|
$6.97 M
|
$6.50 M
|
$6.58 M
|
$5.26 M
|
$5.19 M
|
$5.28 M
|
| EBITDA |
$69.80 M |
$85.83 M |
$80.12 M |
$79.56 M |
$63.18 M |
$41.93 M |
$30.57 M |
$29.03 M |
| EBITDA Ratio |
0.25
|
0.35
|
0.35
|
0.35
|
0.27
|
0.23
|
0.18
|
0.19
|
| Operating Income Ratio |
0.22
|
0.32
|
0.32
|
0.32
|
0.24
|
0.2
|
0.15
|
0.16
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$63.29 M
|
$79.42 M
|
$73.15 M
|
$73.12 M
|
$56.60 M
|
$36.70 M
|
$25.39 M
|
$23.74 M
|
| Income Before Tax Ratio |
0.22
|
0.32
|
0.32
|
0.32
|
0.24
|
0.2
|
0.15
|
0.16
|
| Income Tax Expense |
$13.58 M
|
$16.67 M
|
$14.91 M
|
$14.51 M
|
$11.25 M
|
$7.48 M
|
-$3.90 M
|
$107.00 K
|
| Net Income |
$49.72 M
|
$62.75 M
|
$58.24 M
|
$58.61 M
|
$45.35 M
|
$29.22 M
|
$29.29 M
|
$23.64 M
|
| Net Income Ratio |
0.18
|
0.25
|
0.25
|
0.26
|
0.19
|
0.16
|
0.17
|
0.16
|
| EPS |
3.03 |
3.82 |
3.42 |
3.3 |
2.51 |
1.62 |
1.68 |
1.35 |
| EPS Diluted |
2.92 |
3.82 |
3.42 |
3.3 |
2.51 |
1.62 |
1.68 |
1.35 |
| Weighted Average Shares Out |
$16.46 M
|
$16.42 M
|
$17.03 M
|
$17.76 M
|
$18.08 M
|
$18.04 M
|
$17.47 M
|
$17.47 M
|
| Weighted Average Shares Out Diluted |
$16.46 M
|
$16.42 M
|
$17.03 M
|
$17.76 M
|
$18.08 M
|
$18.04 M
|
$17.47 M
|
$17.47 M
|
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