South Plains Financial, Inc. SPFI Allowance for Credit Losses on Financing Receivables - Individually Evaluated

Allowance for Credit Losses on Financing Receivables - Individually Evaluated at other companies

Center BancorpCNOB

$501K+40.7%

JPMorgan ChaseJPM

——

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$820.4M+43.6%

P/E13.5×+2.3×

P/S3.8×+0.9×

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:FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1.

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

Connect your AI assistant and compare it to peers, right in your chat.

What is South Plains Financial, Inc.'s allowance for credit losses on financing receivables - individually evaluated?: South Plains Financial, Inc. (SPFI) reported allowance for credit losses on financing receivables - individually evaluated of $81K in Q1 2026.
What does allowance for credit losses on financing receivables - individually evaluated mean?: This represents the specific valuation allowance established for financing receivables that have been individually evaluated and deemed impaired. It reflects management's estimate of credit losses for significant, non-homogeneous loans.