Filing Flows › South Plains Financial (SPFI) › Q3 2026 › vs Q3 2025
South Plains Financial (SPFI) Q3 2026 vs Q3 2025 (year over year)
South Plains Financial's revenue rose $11.1M (+20%) from $54.2M in Q3 2025 to $65.3M in Q3 2026. The biggest changes: Net interest income +$8.4M (+20%); Noninterest income +$2.6M (+24%). Operating margin 40.4% against 38.1% (+2.3 pts).
South Plains Financial, Q3 2026: revenue $65.3M (+20% year over year), operating margin 40.4%, net earnings $20.8M, operating cash flow $30.9M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 40.4% | 38.1% | +2.3 pts |
| Net margin | 31.8% | 30.1% | +1.7 pts |
| Free cash flow margin | 46.7% | 41.5% | +5.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $51.5M | $43.0M | $8.4M | +20% |
| Noninterest income | $13.8M | $11.2M | $2.6M | +24% |
| Revenue | $65.3M | $54.2M | $11.1M | +20% |
| Operating profit | $26.4M | $20.7M | $5.7M | +28% |
| Costs & expenses | $38.9M | $33.5M | $5.4M | +16% |
| Pre-tax earnings | $26.4M | $20.7M | $5.7M | +28% |
| Credit loss provision | $830K | $500K | $330K | +66% |
| Noninterest expense | $38.1M | $33.0M | $5.0M | +15% |
| Net earnings | $20.8M | $16.3M | $4.4M | +27% |
| Income tax | $5.6M | $4.3M | $1.3M | +29% |
| Depreciation & amortization | $1.7M | $1.4M | $322K | +23% |
| Share-based compensation | $763K | $650K | $113K | +17% |
| Working capital & other | $7.7M | $5.8M | $1.8M | +31% |
| Operating cash flow | $30.9M | $24.2M | $6.7M | +28% |
| Free cash flow (OCF − capex) | $30.5M | $22.5M | $8.0M | +36% |
| Capital expenditures | $436K | $1.8M | −$1.3M | -75% |
Questions
How much did South Plains Financial's revenue grow year over year in Q3 2026?
South Plains Financial's revenue rose $11.1M (+20%) from $54.2M in Q3 2025 to $65.3M in Q3 2026.
What drove South Plains Financial's revenue change in Q3 2026?
Net interest income +$8.4M (+20%); Noninterest income +$2.6M (+24%).