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South Plains Financial, Inc. SPFI Gains from sale of other real estate classified as OREO

Gains from sale of other real estate classified as OREO at other companies

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Southside BancsharesSBSI
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Eagle BancorpEGBN
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SouthStateSSB

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:GainsLossesOnSalesOfOtherRealEstate.

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 gains from sale of other real estate classified as OREO?
South Plains Financial, Inc. (SPFI) reported gains from sale of other real estate classified as OREO of -$500 in Q4 2025.
How has South Plains Financial, Inc.'s gains from sale of other real estate classified as OREO changed year-over-year?
South Plains Financial, Inc.'s gains from sale of other real estate classified as OREO increased by 92.0% year-over-year, from -$6.25K to -$500.
What is the long-term trend for South Plains Financial, Inc.'s gains from sale of other real estate classified as OREO?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s gains from sale of other real estate classified as OREO has grown at a -53.8% compound annual growth rate (CAGR), from $44K to -$2K.
What does gains from sale of other real estate classified as OREO mean?
Represents the net profit or loss realized from the disposition of foreclosed real estate assets. This metric reflects the bank's ability to recover value from non-performing loans secured by property.