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South Plains Financial, Inc. SPFI Increase (Decrease) in Deposits

Increase (Decrease) in Deposits at other companies

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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:IncreaseDecreaseInDeposits.

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 increase (decrease) in deposits?
South Plains Financial, Inc. (SPFI) reported increase (decrease) in deposits of $153.51M in Q1 2026.
How has South Plains Financial, Inc.'s increase (decrease) in deposits changed year-over-year?
South Plains Financial, Inc.'s increase (decrease) in deposits decreased by 10.6% year-over-year, from $171.64M to $153.51M.
What is the long-term trend for South Plains Financial, Inc.'s increase (decrease) in deposits?
Over 2 years (2021 to 2024), South Plains Financial, Inc.'s increase (decrease) in deposits has grown at a -88.0% compound annual growth rate (CAGR), from $366.87M to -$5.28M.
What does increase (decrease) in deposits mean?
Represents the net change in customer deposit balances during the period, reflecting the bank's ability to attract and retain core funding. Growth in deposits is essential for supporting loan expansion and maintaining a stable liquidity position.