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

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

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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$820.4M+43.6%
P/E13.5×+2.3×
P/S3.8×+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×

Where this comes from

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

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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

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Questions, answered.

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 -$559K in Q1 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 24.3% year-over-year, from -$738K to -$559K.
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 face value of the instrument. This process ensures that the effective yield on investments is recognized over the life of the security. It is a critical component for understanding the net interest income generated from the investment portfolio.