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South Plains Financial, Inc. SPFI Payments For Capital Improvements To Foreclosed Assets

Payments For Capital Improvements To Foreclosed Assets at other companies

HOM
Home BancSharesHOMB
$873.25K
The Bancorp logo
The BancorpTBBK
$326K-76.4%
Service Properties Trust logo
Service Properties TrustSVC
$49.89M-18.8%
American Assets Trust logo
American Assets TrustAAT
$20.43M+24.3%
ALX
Alexander'sALX
$4.56M-43.1%
The Bancorp logo
The BancorpTBBK
$326K-76.4%

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:PaymentsForCapitalImprovementsToForeclosedAssets.

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 payments for capital improvements to foreclosed assets?
South Plains Financial, Inc. (SPFI) reported payments for capital improvements to foreclosed assets of $32.75K in Q4 2025.
What does payments for capital improvements to foreclosed assets mean?
Tracks cash expenditures made to renovate or improve properties acquired through foreclosure to enhance their marketability or value. High levels of these payments may indicate a need to manage distressed assets more aggressively to recover loan losses.