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South Plains Financial, Inc. SPFI Income Tax Rate Reconciliation Earnings From Bank Owned Life Insurance

Income Tax Rate Reconciliation Earnings From Bank Owned Life Insurance at other companies

Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
$429.75K+35.9%
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
0.7%+0.2pp
Heritage Financial logo
Heritage FinancialHFWA
1.1%0.0pp
Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
2.5%+1.4pp
Mercantile Bank Corporation logo
Mercantile Bank CorporationMBWM
$170.75K+29.1%
Heritage Financial logo
Heritage FinancialHFWA
$214.75K+50.4%

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 spfi:IncomeTaxRateReconciliationEarningsFromBankOwnedLifeInsurance.

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 income tax rate reconciliation earnings from bank owned life insurance?
South Plains Financial, Inc. (SPFI) reported income tax rate reconciliation earnings from bank owned life insurance of $85.75K in Q4 2025.
How has South Plains Financial, Inc.'s income tax rate reconciliation earnings from bank owned life insurance changed year-over-year?
South Plains Financial, Inc.'s income tax rate reconciliation earnings from bank owned life insurance increased by 5.2% year-over-year, from $81.5K to $85.75K.
What is the long-term trend for South Plains Financial, Inc.'s income tax rate reconciliation earnings from bank owned life insurance?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s income tax rate reconciliation earnings from bank owned life insurance has grown at a 7.0% compound annual growth rate (CAGR), from $262K to $343K.
What does income tax rate reconciliation earnings from bank owned life insurance mean?
This metric quantifies the tax impact of earnings generated from bank-owned life insurance (BOLI) policies. It reflects the benefit of tax-deferred or tax-free growth on these insurance assets held by the financial institution.