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South Plains Financial, Inc. SPFI Payments to Acquire Property, Plant, and Equipment

Payments to Acquire Property, Plant, and Equipment at other companies

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$4.57M-28.7%
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$1.02M-56.7%
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$1.2M+348%
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Southside BancsharesSBSI
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Southern First BancsharesSFST
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Midland States BancorpMSBI

Other financials

Income statement

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Revenue$64.5M+18.0%
Net income$19.0M+30.0%
EPS (diluted)$0.96+11.6%

Balance sheet

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Cash & equivalents$787.8M+67.4%
Total debt$7.9M-10.9%
Total equity$629.8M+38.7%
Total assets$5.4B+23.5%

Cash flow

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Operating cash flow$27.9M+89.0%
CapEx$1.0M-40.0%
Free cash flow$26.8M+106%

Valuation

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Market cap$841.17M+39.7%
P/E12.9×+1.9×
P/S3.7×+0.8×

Profitability

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Net margin28.7%+1.9pp
FCF margin33.3%+4.7pp

Returns & leverage

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Return on equity12%-0.5pp
Debt / equity0.0×

Where this comes from

Reported directly by South Plains Financial, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: South Plains Financial, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 5:05 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001140361-26-031701
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Maturities, prepayments, and calls523,31619,533
Loan originations and principal collections, net3,919(45,880)
Net cash received from acquisition of BOH Holdings, Inc.30,823-
Purchases of premises and equipment(2,390)(2,862)
Proceeds from sales of premises and equipment582,240
Proceeds from sales of foreclosed assets1,487974
Net cash from investing activities54,880(35,369)
Cash flows from financing activities:

Item 1. Consolidated Financial Statements

FAQ

What is South Plains Financial, Inc.'s payments to acquire property, plant, and equipment?
South Plains Financial, Inc. (SPFI) reported payments to acquire property, plant, and equipment of $1.04M in Q2 2026.
How has South Plains Financial, Inc.'s payments to acquire property, plant, and equipment changed year-over-year?
South Plains Financial, Inc.'s payments to acquire property, plant, and equipment decreased by 40.0% year-over-year, from $1.73M to $1.04M.
What is the long-term trend for South Plains Financial, Inc.'s payments to acquire property, plant, and equipment?
Over 4 years (2021 to 2025), South Plains Financial, Inc.'s payments to acquire property, plant, and equipment has grown at a 18.0% compound annual growth rate (CAGR), from $2.92M to $5.66M.
What does payments to acquire property, plant, and equipment mean?
Measures the cash outflows dedicated to capital expenditures for physical assets, such as bank branches, office equipment, and technology infrastructure. This indicates the level of investment in the company's operational capacity and long-term growth infrastructure.

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