What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

South Plains Financial, Inc. SPFI Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

Wells Fargo & CompanyWFC

3.8%-385,000,980,492pp

CTB

Community Trust BancorpCTBI

$11.15M-12.2%

Southside BancsharesSBSI

$12.53M-7.4%

Eagle BancorpEGBN

3.6%0.0pp

Center BancorpCNOB

$27.96M+103%

JPMorgan ChaseJPM

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Other financials

Income statement

See full

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+41.4%

P/E13.3×+2.1×

P/S3.7×+0.8×

Profitability

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Net margin28%+2.1pp

FCF margin28.4%-3.1pp

Returns & leverage

See full

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:OperatingLeaseWeightedAverageDiscountRatePercent.

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 5.7% in Q4 2025.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.