South Plains Financial, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $895.0K | $883.0K | $839.0K | $800.0K | $890.0K | $856.0K | $161.2M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $74.1M | $63.3M | $151.7M | $95.8M | $86.4M | $72.5M | $65.1M |
| Operating Margin | — | 8,276.3% | 7,167.8% | 18,081.4% | 11,980.4% | 9,707.1% | 8,475.4% | 40.4% |
| Interest Expense | — | — | — | $72.3M | $22.7M | $13.3M | $15.9M | $28.4M |
| Pretax Income | — | $74.1M | $63.3M | $79.4M | $73.2M | $73.1M | $56.6M | $36.7M |
| Income Tax Expense | — | $15.6M | $13.6M | $16.7M | $14.9M | $14.5M | $11.3M | $7.5M |
| Net Income | — | $58.5M | $49.7M | $62.7M | $58.2M | $58.6M | $45.4M | $29.2M |
| Net Margin | — | 6,533.1% | 5,630.5% | 7,478.5% | 7,280.0% | 6,585.8% | 5,298.2% | 18.1% |
| EPS (Basic) | — | $3.59 | $3.03 | $3.73 | $3.35 | $3.26 | $2.51 | $1.74 |
| EPS (Diluted) | — | $3.44 | $2.92 | $3.62 | $3.23 | $3.17 | $2.47 | $1.71 |
| Shares Outstanding (Basic) | 16.3M | 16.3M | 16.4M | 16.8M | 17.4M | 18.0M | 18.1M | 16.8M |
| Shares Outstanding (Diluted) | 16.3M | 17.0M | 17.0M | 17.3M | 18.0M | 18.5M | 18.3M | 17.0M |
| Dividends Per Share | — | $0.62 | $0.56 | $0.52 | $0.46 | $0.30 | $0.14 | $0.06 |