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South Plains Financial, Inc. SPFI Lessee Operating Lease Lease Not Yet Commenced Number Of Leases

Lessee Operating Lease Lease Not Yet Commenced Number Of Leases at other companies

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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 spfi:LesseeOperatingLeaseLeaseNotYetCommencedNumberOfLeases.

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 lessee operating lease lease not yet commenced number of leases?
South Plains Financial, Inc. (SPFI) reported lessee operating lease lease not yet commenced number of leases of 0 in Q4 2025.
What does lessee operating lease lease not yet commenced number of leases mean?
This metric counts the number of operating lease agreements that have been signed but have not yet reached their commencement date. It provides visibility into future fixed-cost commitments and expansion plans for physical office or branch locations. Tracking this helps investors understand upcoming changes to the company's operational footprint and lease liability obligations.