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South Plains Financial, Inc. SPFI Foreclosed Assets Valuation Allowance Write Down

Foreclosed Assets Valuation Allowance Write Down at other companies

Banc of California logo
Banc of CaliforniaBANC
$44K-83.4%
HBT
HBT Financial, Inc.HBT
$0-100%
Trustco Bank Corp logo
Trustco Bank CorpTRST
$30K-55.2%
MetroCity Bankshares logo
MetroCity BanksharesMCBS
$30K
Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
$0+100%
Equity Bancshares logo
Equity BancsharesEQBK
$12K

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+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

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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:ForeclosedAssetsValuationAllowanceWriteDown.

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 valuation allowance write down?
South Plains Financial, Inc. (SPFI) reported foreclosed assets valuation allowance write down of $25K in Q4 2025.
How has South Plains Financial, Inc.'s foreclosed assets valuation allowance write down changed year-over-year?
South Plains Financial, Inc.'s foreclosed assets valuation allowance write down decreased by 7.4% year-over-year, from $27K to $25K.
What does foreclosed assets valuation allowance write down mean?
Represents the specific reduction in the carrying value of foreclosed assets recognized as a loss when the asset's book value exceeds its net realizable value. This metric quantifies the realized impact of asset depreciation or market decline on the institution's financial position. It serves as a direct measure of the cost associated with credit losses and asset recovery.