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South Plains Financial, Inc. SPFI Data processing and equipment

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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 us-gaap:InformationTechnologyAndDataProcessing.

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 data processing and equipment?
South Plains Financial, Inc. (SPFI) reported data processing and equipment of $1.38M in Q1 2026.
How has South Plains Financial, Inc.'s data processing and equipment changed year-over-year?
South Plains Financial, Inc.'s data processing and equipment increased by 18.6% year-over-year, from $1.16M to $1.38M.
What is the long-term trend for South Plains Financial, Inc.'s data processing and equipment?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s data processing and equipment has grown at a 4.1% compound annual growth rate (CAGR), from $4.01M to $4.7M.
What does data processing and equipment mean?
Covers costs associated with maintaining core banking systems, software licenses, data processing, and cybersecurity infrastructure. It highlights the firm's investment in digital transformation and the operational stability of its financial platforms.