South Plains Financial, Inc.

SPFI · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$283,098$248,515$231,937$227,510
% Growth13.9%7.1%1.9%
Cost of Goods Sold$98,101$76,896$20,073$11,354
Gross Profit$184,997$171,619$211,864$216,156
% Margin65.3%69.1%91.3%95%
R&D Expenses$0$0$0$0
G&A Expenses$74,338$79,377$86,323$93,360
SG&A Expenses$78,120$82,830$89,937$96,585
Sales & Mktg Exp.$3,782$3,453$3,614$3,225
Other Operating Expenses$43,585$9,372$48,776$46,450
Operating Expenses$121,705$92,202$138,713$143,035
Operating Income$63,292$79,417$73,151$73,121
% Margin22.4%32%31.5%32.1%
Other Income/Exp. Net$0$0$0$0
Pre-Tax Income$63,292$79,417$73,151$73,121
Tax Expense$13,575$16,672$14,911$14,507
Net Income$49,717$62,745$58,240$58,614
% Margin17.6%25.2%25.1%25.8%
EPS3.033.823.423.3
% Growth-20.7%11.7%3.6%
EPS Diluted2.923.823.423.3
Weighted Avg Shares Out16,45616,41717,02717,760
Weighted Avg Shares Out Dil16,45616,41717,02717,760
Supplemental Information
Interest Income$240,899$212,033$161,168$135,036
Interest Expense$93,801$72,286$22,692$13,272
Depreciation & Amortization$6,510$6,412$6,965$6,500
EBITDA$69,802$85,829$80,116$79,557
% Margin24.7%34.5%34.5%35%