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South Plains Financial, Inc. SPFI Accretion (Amortization) of Discounts and Premiums, Investments

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Other financials

Income statement

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Revenue$64.5M+18.0%
Net income$19.0M+30.0%
EPS (diluted)$0.96+11.6%

Balance sheet

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Cash & equivalents$787.8M+67.4%
Total debt$7.9M-10.9%
Total equity$629.8M+38.7%
Total assets$5.4B+23.5%

Cash flow

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Operating cash flow$27.9M+89.0%
CapEx$1.0M-40.0%
Free cash flow$26.8M+106%

Valuation

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Market cap$837.96M+39.2%
P/E12.9×+1.8×
P/S3.7×+0.7×

Profitability

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Net margin28.7%+1.9pp
FCF margin33.3%+4.7pp

Returns & leverage

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Return on equity12%-0.5pp
Debt / equity0.0×

Where this comes from

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

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The source filing: South Plains Financial, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031701
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Provision for credit losses6102,920
Provision for foreclosed asset losses100-
Depreciation and amortization3,4722,939
Accretion and amortization1,1481,473
Other gains, net(133)(266)
Net gain on sales of loans(5,065)(5,246)
Proceeds from sales of loans held for sale144,232145,512
Loans originated for sale(141,739)(137,489)

Item 1. Consolidated Financial Statements

FAQ

What is South Plains Financial, Inc.'s accretion (amortization) of discounts and premiums, investments?
South Plains Financial, Inc. (SPFI) reported accretion (amortization) of discounts and premiums, investments of -$589K in Q2 2026.
How has South Plains Financial, Inc.'s accretion (amortization) of discounts and premiums, investments changed year-over-year?
South Plains Financial, Inc.'s accretion (amortization) of discounts and premiums, investments increased by 19.9% year-over-year, from -$735K to -$589K.
What is the long-term trend for South Plains Financial, Inc.'s accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s accretion (amortization) of discounts and premiums, investments has grown at a -11.9% compound annual growth rate (CAGR), from -$4.51M to -$2.71M.
What does accretion (amortization) of discounts and premiums, investments mean?
The periodic adjustment to the carrying value of investment securities to account for the difference between the purchase price and the par value. This process aligns the interest income recognized with the effective yield of the investment over its life.

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