SOUTH PLAINS FINANCIAL, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that SOUTH PLAINS FINANCIAL, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $58.47M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $49.72M | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | $62.75M | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | $58.24M | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $58.61M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $45.35M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $29.22M | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | $29.29M | Mar 25, 2020 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $77.49M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $59.38M | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | $58.54M | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | $123.59M | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $96.27M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $5.63M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $30.48M | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | $26.92M | Mar 25, 2020 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.66M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $3.35M | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | $4.68M | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | $4.47M | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $2.92M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $3.31M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $4.00M | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | $3.13M | Mar 25, 2020 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.48B | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $4.23B | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $4.20B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $3.94B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $3.90B | Mar 13, 2023 |
| FY2022 | Dec 31, 2020 | $3.60B | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $3.24B | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | $2.71B | Mar 25, 2020 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.99B | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $3.79B | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $3.80B | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $3.59B | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $3.49B | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $3.23B | Mar 8, 2022 |
| FY2020 | Dec 31, 2019 | $2.93B | Mar 11, 2021 |
| FY2019 | Dec 31, 2018 | $2.50B | Mar 25, 2020 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $493.84M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $438.95M | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | $407.11M | Mar 5, 2026 |
| FY2025 | Dec 31, 2022 | $357.01M | Mar 5, 2026 |
| FY2024 | Dec 31, 2021 | $407.43M | Mar 7, 2025 |
| FY2023 | Dec 31, 2020 | $370.05M | Mar 15, 2024 |
| FY2022 | Dec 31, 2019 | $306.18M | Mar 13, 2023 |
| FY2021 | Dec 31, 2018 | $154.58M | Mar 8, 2022 |
| FY2019 | Dec 31, 2017 | $158.21M | Mar 25, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $19.32M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $19.32M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $19.32M | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $19.51M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $19.51M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $19.51M | Mar 8, 2022 |
| FY2021 | Dec 31, 2019 | $18.76M | Mar 8, 2022 |
| FY2021 | Dec 31, 2018 | $0 | Mar 8, 2022 |
| FY2019 | Dec 31, 2017 | $0 | Mar 25, 2020 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $434.20M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $385.83M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $345.26M | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $292.26M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $242.75M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $189.52M | Mar 8, 2022 |
| FY2020 | Dec 31, 2019 | $146.70M | Mar 11, 2021 |
| FY2019 | Dec 31, 2018 | $119.83M | Mar 25, 2020 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $552.44M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $359.08M | Mar 5, 2026 |
| FY2024 | Dec 31, 2023 | $330.16M | Mar 7, 2025 |
| FY2023 | Dec 31, 2022 | $234.88M | Mar 15, 2024 |
| FY2022 | Dec 31, 2021 | $486.82M | Mar 13, 2023 |
| FY2021 | Dec 31, 2020 | $300.31M | Mar 8, 2022 |
| FY2020 | Dec 31, 2019 | $158.10M | Mar 11, 2021 |
| FY2019 | Dec 31, 2018 | $245.99M | Mar 25, 2020 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | 3 | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | 2 | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | 1 | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | 1 | Mar 25, 2020 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 3 | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | 2 | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | 3 | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | 3 | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | 3 | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | 2 | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | 1 | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | 1 | Mar 25, 2020 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 16.29M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | 16.46M | Mar 5, 2026 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $10.10M | Mar 5, 2026 |
| FY2025 | Dec 31, 2024 | $9.15M | Mar 5, 2026 |
| FY2025 | Dec 31, 2023 | $8.75M | Mar 5, 2026 |
| FY2024 | Dec 31, 2022 | $8.01M | Mar 7, 2025 |
| FY2023 | Dec 31, 2021 | $5.39M | Mar 15, 2024 |
| FY2022 | Dec 31, 2020 | $2.53M | Mar 13, 2023 |
| FY2021 | Dec 31, 2019 | $1.08M | Mar 8, 2022 |
| FY2019 | Dec 31, 2018 | $30.05M | Mar 25, 2020 |