What does finance lease liabilities mean?

Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

South Plains Financial, Inc. SPFI Finance Lease Liabilities

CTB

Community Trust BancorpCTBI

$4.49M+30.5%

Center BancorpCNOB

$946K-23.3%

Revenue$54.1M+10.2%

Net income$14.5M+18.3%

EPS (diluted)$0.85+18.1%

Cash & equivalents$722.0M+34.6%

Total debt$7.9M-10.9%

Total equity$504.9M+13.8%

Total assets$4.6B+5.5%

Operating cash flow$16.2M-38.0%

CapEx$1.4M+19.3%

Free cash flow$14.8M-40.6%

Market cap$807.57M+41.4%

P/E13.3×+2.1×

P/S3.7×+0.8×

Net margin28%+2.1pp

FCF margin28.4%-3.1pp

Return on equity12.8%+0.8pp

Debt / equity0×0.0×

Reported directly by South Plains Financial, Inc. in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.

The official record: South Plains Financial, Inc.’s 10-K, filed March 5, 2026, on SEC EDGAR. View the filing →

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What is South Plains Financial, Inc.'s finance lease liabilities?: South Plains Financial, Inc. (SPFI) reported finance lease liabilities of $0 in Q4 2025.
What does finance lease liabilities mean?: Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.