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South Plains Financial, Inc. SPFI Operating Lease Liabilities (Current)

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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$841.17M+39.7%
P/E12.9×+1.9×
P/S3.7×+0.8×

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:OperatingLeaseLiability.

The source filing: South Plains Financial, Inc.’s 10-K, filed March 5, 2026.

Filed
Mar 5, 2026, 4:46 PM EST
Fiscal year
FY2025
Accession
0001140361-26-008087
Line itemDecember 31, 2025December 31, 2024
Operating lease right of use assets (included in Other assets)$6,961$7,968
Operating lease liabilities (included in Accrued expenses and other liabilities)7,9338,906

Item 8. Financial Statements and Supplementary Data

FAQ

What is South Plains Financial, Inc.'s operating lease liabilities (current)?
South Plains Financial, Inc. (SPFI) reported operating lease liabilities (current) of $7.93M in Q4 2025.
How has South Plains Financial, Inc.'s operating lease liabilities (current) changed year-over-year?
South Plains Financial, Inc.'s operating lease liabilities (current) decreased by 10.9% year-over-year, from $8.91M to $7.93M.
What is the long-term trend for South Plains Financial, Inc.'s operating lease liabilities (current)?
Over 3 years (2022 to 2025), South Plains Financial, Inc.'s operating lease liabilities (current) has grown at a -3.8% compound annual growth rate (CAGR), from $8.9M to $7.93M.
What does operating lease liabilities (current) mean?
The current portion of operating lease obligations due within one year, representing committed future lease payments under ASC 842.

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