South Plains Financial Operating Expenses Growth & History (SPFI)
South Plains Financial's operating expenses was $132.6M for fiscal 2025.
View full South Plains Financial company overviewSouth Plains Financial annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $132.6M | $5.0M | +3.95% |
| 2024 | 2024-12-31 | $127.6M | −$7.4M | −5.46% |
| 2023 | 2023-12-31 | $134.9M | −$9.1M | −6.35% |
| 2022 | 2022-12-31 | $144.1M | −$3.9M | −2.66% |
| 2021 | 2021-12-31 | $148.0M | $6.3M | +4.46% |
| 2020 | 2020-12-31 | $141.7M | $20.0M | +16.44% |
| 2019 | 2019-12-31 | $121.7M | $6.3M | +5.43% |
| 2018 | 2018-12-31 | $115.4M | — | — |
South Plains Financial quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $39.9M | $6.3M | +18.84% |
| Q1 2026 | 2026-03-31 | $35.5M | $2.5M | +7.56% |
| Q4 2025 | 2025-12-31 | $33.0M | $3.1M | +10.27% |
| Q3 2025 | 2025-09-30 | $33.0M | −$104,000 | −0.31% |
| Q2 2025 | 2025-06-30 | $33.5M | $971,000 | +2.98% |
| Q1 2025 | 2025-03-31 | $33.0M | $1.1M | +3.45% |
| Q4 2024 | 2024-12-31 | $29.9M | −$649,000 | −2.12% |
| Q3 2024 | 2024-09-30 | $33.1M | $1.6M | +5.20% |
| Q2 2024 | 2024-06-30 | $32.6M | −$7.9M | −19.57% |
| Q1 2024 | 2024-03-31 | $31.9M | −$431,000 | −1.33% |
| Q4 2023 | 2023-12-31 | $30.6M | −$2.1M | −6.45% |
| Q3 2023 | 2023-09-30 | $31.5M | −$5.9M | −15.81% |
| Q2 2023 | 2023-06-30 | $40.5M | $4.4M | +12.32% |
| Q1 2023 | 2023-03-31 | $32.4M | −$5.6M | −14.67% |
| Q4 2022 | 2022-12-31 | $32.7M | −$3.4M | −9.48% |
| Q3 2022 | 2022-09-30 | $37.4M | −$662,000 | −1.74% |
| Q2 2022 | 2022-06-30 | $36.1M | −$722,000 | −1.96% |
| Q1 2022 | 2022-03-31 | $37.9M | $867,000 | +2.34% |
| Q4 2021 | 2021-12-31 | $36.1M | −$372,000 | −1.02% |
| Q3 2021 | 2021-09-30 | $38.1M | $2.1M | +5.75% |
| Q2 2021 | 2021-06-30 | $36.8M | $1.6M | +4.46% |
| Q1 2021 | 2021-03-31 | $37.1M | $3.0M | +8.96% |
| Q4 2020 | 2020-12-31 | $36.5M | $4.8M | +15.10% |
| Q3 2020 | 2020-09-30 | $36.0M | $6.0M | +19.86% |
| Q2 2020 | 2020-06-30 | $35.2M | $5.3M | +17.63% |
| Q1 2020 | 2020-03-31 | $34.0M | $4.0M | +13.23% |
| Q4 2019 | 2019-12-31 | $31.7M | $1.2M | +3.99% |
| Q3 2019 | 2019-09-30 | $30.0M | $1.4M | +4.82% |
| Q2 2019 | 2019-06-30 | $29.9M | $1.5M | +5.31% |
| Q1 2019 | 2019-03-31 | $30.0M | $2.2M | +7.74% |
| Q4 2018 | 2018-12-31 | $30.5M | — | — |
| Q3 2018 | 2018-09-30 | $28.6M | — | — |
| Q2 2018 | 2018-06-30 | $28.4M | — | — |
| Q1 2018 | 2018-03-31 | $27.9M | — | — |
South Plains Financial operating expenses trends
Over the last five fiscal years, South Plains Financial's operating expenses decreased from $141.7M to $132.6M, a change of −$9.1M. The latest reported quarter, Q2 2026, shows $39.9M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review South Plains Financial source filings ↗