South Plains Financial Financials
South Plains Financial (SPFI) reported $265.6M in revenue over the twelve months to Jun 30, 2026, up 7.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A balance-sheet-funded banking model: earnings recovered in FY2025 while interest costs still compress returns on a growing asset base.
The 2025 earnings rebound lifted net profit margin from20.6% to23.2% , but did not restore the earlier margin structure. Interest expense was$85.0M in FY2025 versus$72.3M in FY2023, making higher funding cost a visible constraint on returns.
FY2025 operating cash flow of
Total assets reached
Financial Health Signals
Scored against banks for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of South Plains Financial's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for South Plains Financial, and counted as zero in the overall score.
South Plains Financial passes 5 of 6 computable financial strength tests (3 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, South Plains Financial generates $1.33 in operating cash flow ($77.5M OCF vs $58.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
South Plains Financial generated $252.0M in revenue in fiscal year 2025. This represents an increase of 4.6% from the prior year.
South Plains Financial reported $58.5M in net income in fiscal year 2025. This represents an increase of 17.6% from the prior year.
South Plains Financial earned $3.44 per diluted share (EPS) in fiscal year 2025. This represents an increase of 17.8% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
South Plains Financial generated $71.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 28.2% from the prior year.
South Plains Financial held $552.4M in cash as of fiscal year 2025; long-term debt is not reported for that period.
South Plains Financial paid $0.62 per share in dividends in fiscal year 2025. This represents an increase of 10.7% from the prior year.
Margins & Returns
South Plains Financial's net profit margin was 23.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 2.6 percentage points from the prior year.
South Plains Financial's ROE was 11.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
South Plains Financial spent $8.5M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 536.3% from the prior year.
South Plains Financial invested $5.7M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 68.8% from the prior year.
Not reported for fiscal year 2025.
SPFI Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $75.0M+19.8% | $62.6M-1.2% | $63.4M-1.7% | $64.5M+0.6% | $64.1M+7.0% | $59.9M-2.3% | $61.3M-0.5% | $61.6M |
| SG&A Expenses | $23.5M+16.7% | $20.2M+9.6% | $18.4M-5.3% | $19.4M-1.5% | $19.7M+1.4% | $19.4M+11.8% | $17.4M-7.4% | $18.8M |
| Interest Expense | $24.7M+24.6% | $19.8M-3.4% | $20.5M-4.8% | $21.5M-0.6% | $21.6M+1.1% | $21.4M-6.1% | $22.8M-6.4% | $24.3M |
| Income Tax | $5.3M+38.5% | $3.8M-0.4% | $3.8M-11.7% | $4.3M+8.0% | $4.0M+18.0% | $3.4M-19.3% | $4.2M+36.5% | $3.1M |
| Net Income | $19.0M+30.6% | $14.5M-4.6% | $15.3M-6.5% | $16.3M+11.7% | $14.6M+18.8% | $12.3M-25.5% | $16.5M+47.1% | $11.2M |
| EPS (Diluted) | $0.96+12.9% | $0.85-4.5% | $0.89-7.3% | $0.96+11.6% | $0.86+19.4% | $0.72-25.0% | $0.96+45.5% | $0.66 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income.
SPFI Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.4B+16.0% | $4.6B+3.7% | $4.5B0.0% | $4.5B+2.7% | $4.4B-0.9% | $4.4B+4.1% | $4.2B-2.4% | $4.3B |
| Cash & Equivalents | $787.8M+9.1% | $722.0M+30.7% | $552.4M-13.0% | $635.0M+35.0% | $470.5M-12.3% | $536.3M+49.4% | $359.1M-23.8% | $471.2M |
| Goodwill | $66.6M+244.8% | $19.3M0.0% | $19.3M0.0% | $19.3M0.0% | $19.3M0.0% | $19.3M0.0% | $19.3M0.0% | $19.3M |
| Total Liabilities | $4.8B+15.0% | $4.1B+3.9% | $4.0B-0.4% | $4.0B+2.4% | $3.9B-1.3% | $4.0B+4.4% | $3.8B-2.6% | $3.9B |
| Total Equity | $629.8M+24.7% | $504.9M+2.2% | $493.8M+3.4% | $477.8M+5.2% | $454.1M+2.3% | $443.7M+1.1% | $438.9M-0.9% | $443.1M |
| Retained Earnings | $461.7M+3.5% | $446.0M+2.7% | $434.2M+3.0% | $421.5M+3.4% | $407.8M+3.1% | $395.7M+2.5% | $385.8M+3.8% | $371.8M |
Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities, Long-Term Debt.
SPFI Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $27.9M+72.4% | $16.2M+30.1% | $12.4M-48.7% | $24.2M+64.2% | $14.7M-43.5% | $26.1M+525.5% | $4.2M-76.7% | $17.9M |
| Capital Expenditures | $1.0M-23.5% | $1.4M+29.4% | $1.0M-40.3% | $1.8M+1.5% | $1.7M+52.2% | $1.1M+10.3% | $1.0M+33.1% | $773K |
| Free Cash Flow | $26.8M+81.1% | $14.8M+30.1% | $11.4M-49.3% | $22.5M+72.5% | $13.0M-47.8% | $25.0M+694.1% | $3.1M-81.6% | $17.1M |
| Investing Cash Flow | $51.8M+1573.8% | $3.1M+103.7% | -$84.7M-263.4% | $51.9M+302.6% | -$25.6M-161.9% | -$9.8M+33.5% | -$14.7M-123.1% | $63.7M |
| Financing Cash Flow | -$13.9M-109.3% | $150.3M+1556.2% | -$10.3M-111.7% | $88.5M+261.0% | -$55.0M-134.2% | $160.9M+258.4% | -$101.6M-210.9% | $91.6M |
| Dividends Paid | $3.3M+17.5% | $2.8M+6.6% | $2.6M0.0% | $2.6M+6.7% | $2.4M-1.4% | $2.5M+0.7% | $2.5M+7.3% | $2.3M |
| Share Buybacks | $12.8M | $0 | $0 | $0-100.0% | $276K-96.7% | $8.3M | $0-100.0% | $1.0M |
SPFI Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Net Margin | 25.3%+2.1pp | 23.2%-0.8pp | 24.1%-1.2pp | 25.3%+2.5pp | 22.8%+2.3pp | 20.5%-6.4pp | 26.9%+8.7pp | 18.2% |
| Return on Equity | 3.0%+0.1pp | 2.9%-0.2pp | 3.1%-0.3pp | 3.4%+0.2pp | 3.2%+0.5pp | 2.8%-1.0pp | 3.8%+1.2pp | 2.5% |
| Return on Assets | 0.4%0.0pp | 0.3%0.0pp | 0.3%0.0pp | 0.4%0.0pp | 0.3%+0.1pp | 0.3%-0.1pp | 0.4%+0.1pp | 0.3% |
| Debt-to-Equity | 7.56-0.6x | 8.20+0.1x | 8.07-0.3x | 8.38-0.2x | 8.61-0.3x | 8.93+0.3x | 8.64-0.1x | 8.79 |
| FCF Margin | 35.8%+12.1pp | 23.7%+5.7pp | 17.9%-16.9pp | 34.8%+14.5pp | 20.3%-21.3pp | 41.6%+36.5pp | 5.1%-22.6pp | 27.7% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.
Similar Companies
Where South Plains Financial Ranks
Frequently Asked Questions
What is South Plains Financial's annual revenue?
South Plains Financial (SPFI) reported $252.0M in total revenue for fiscal year 2025. This represents a 4.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is South Plains Financial's revenue growing?
South Plains Financial (SPFI) revenue grew by 4.6% year-over-year, from $240.9M to $252.0M in fiscal year 2025.
Is South Plains Financial profitable?
Yes, South Plains Financial (SPFI) reported a net income of $58.5M in fiscal year 2025, with a net profit margin of 23.2%.
What is South Plains Financial's net profit margin?
South Plains Financial (SPFI) had a net profit margin of 23.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does South Plains Financial pay dividends?
Yes, South Plains Financial (SPFI) paid $0.62 per share in dividends during fiscal year 2025.
What is South Plains Financial's return on equity (ROE)?
South Plains Financial (SPFI) has a return on equity of 11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is South Plains Financial's free cash flow?
South Plains Financial (SPFI) generated $71.8M in free cash flow during fiscal year 2025. This represents a 28.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is South Plains Financial's operating cash flow?
South Plains Financial (SPFI) generated $77.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are South Plains Financial's total assets?
South Plains Financial (SPFI) had $4.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are South Plains Financial's capital expenditures?
South Plains Financial (SPFI) invested $5.7M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is South Plains Financial's debt-to-equity ratio?
South Plains Financial (SPFI) had a debt-to-equity ratio of 8.07 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is South Plains Financial's return on assets (ROA)?
South Plains Financial (SPFI) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is South Plains Financial's Piotroski F-Score?
South Plains Financial (SPFI) has a Piotroski F-Score of 5 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are South Plains Financial's earnings high quality?
South Plains Financial (SPFI) has an earnings quality ratio of 1.33x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is South Plains Financial?
South Plains Financial (SPFI) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its banks peer group. The score is a 0-100 composite of six dimensions (Earnings, Growth, Capital, Efficiency, Credit Quality, Stability), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.