What does operating lease ROU assets mean?

This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.

South Plains Financial, Inc. SPFI Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Wells Fargo & CompanyWFC

$3.63B-3.3%

CTB

Community Trust BancorpCTBI

$11.15M-12.2%

Southside BancsharesSBSI

$12.53M-7.4%

Eagle BancorpEGBN

$27.57M-15.9%

Center BancorpCNOB

$27.96M+103%

JPMorgan ChaseJPM

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Other financials

Income statement

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Revenue$54.1M+10.2%

Net income$14.5M+18.3%

EPS (diluted)$0.85+18.1%

Balance sheet

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Cash & equivalents$722.0M+34.6%

Total debt$7.9M-10.9%

Total equity$504.9M+13.8%

Total assets$4.6B+5.5%

Cash flow

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Operating cash flow$16.2M-38.0%

CapEx$1.4M+19.3%

Free cash flow$14.8M-40.6%

Valuation

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Market cap$807.57M+43.6%

P/E13.3×+2.3×

P/S3.7×+0.9×

Profitability

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Net margin28%+2.1pp

FCF margin28.4%-3.1pp

Returns & leverage

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Return on equity12.8%+0.8pp

Debt / equity0×0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

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

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Questions, answered.

What is South Plains Financial, Inc.'s operating lease ROU assets?: South Plains Financial, Inc. (SPFI) reported operating lease ROU assets of $6.96M in Q4 2025.
What does operating lease ROU assets mean?: This asset represents the company's right to use a leased item, such as office space or data center facilities, over the lease term. It is recognized under modern accounting standards to reflect the financial commitment of long-term operating leases. It provides visibility into the company's fixed operational footprint.