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South Plains Financial, Inc. SPFI Foreclosed Assets Additions

Foreclosed Assets Additions at other companies

WSFS Financial logo
WSFS FinancialWSFS
$12.72M+144%
1st Source Corporation logo
1st Source CorporationSRCE
$0-100%
Bank of Hawaii logo
Bank of HawaiiBOH
$295K-88.9%
Equity Bancshares logo
Equity BancsharesEQBK
$5.03M+12.6%
Independent Bank Corporation logo
Independent Bank CorporationIBCP
$767K+85.7%
Great Southern Bancorp logo
Great Southern BancorpGSBC
$6.62M+9.6%

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×

Where this comes from

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

Tagged under the XBRL concept spfi:ForeclosedAssetsAdditions.

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 foreclosed assets additions?
South Plains Financial, Inc. (SPFI) reported foreclosed assets additions of $892K in Q4 2025.
How has South Plains Financial, Inc.'s foreclosed assets additions changed year-over-year?
South Plains Financial, Inc.'s foreclosed assets additions increased by 85.2% year-over-year, from $481.75K to $892K.
What is the long-term trend for South Plains Financial, Inc.'s foreclosed assets additions?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s foreclosed assets additions has grown at a 40.1% compound annual growth rate (CAGR), from $927K to $3.57M.
What does foreclosed assets additions mean?
Measures the total value of assets, typically real estate, acquired by the institution through foreclosure or deed-in-lieu of foreclosure proceedings. This metric reflects the volume of non-performing loans transitioning into owned real estate assets. Monitoring these additions helps assess the quality of the loan portfolio and the effectiveness of collection strategies.