Company / Interest Expense
SOUTH PLAINS FINANCIAL, INC. Interest Expense History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$147.1M
FY2024
5-year range
$13.3M / $147.1M
FY2020-FY2024
Trend
+5.3%
vs FY2023
Sector context
#146 of 214
Financials
What the data says
At $147M, SOUTH PLAINS FINANCIAL, INC.'s interest expense ranks #69 of 214 in the Financials sector. Interest Expense has increased for 3 consecutive years, from $13M in FY2021 to $147M in FY2024.
Based on SEC 10-K filings.
$147M in FY2024 with a 5-year CAGR of +39.0%.
Increased from $138M to $147M over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +123.0%
- 5-Year CAGR
- +39.0%
- 10-Year CAGR
- -
Sector benchmark
#69 of 214 in FinancialsTop 32% of 214This company $147.1M Sector average $939.3M
▼
-84.3% below sector average
Key checks
Key Insights
- SOUTH PLAINS FINANCIAL, INC.'s interest expense has grown for 3 consecutive years.
- 5-year CAGR of +39.0%, indicating consistent growth.
- In FY2024, interest expense increased 5.3% year-over-year.
- Ranks #146 out of 214 companies in the Financials sector.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $147.1M | +5.3% |
| FY2023 | $139.7M | +0.9% |
| FY2022 | $138.5M | +943.4% |
| FY2021 | $13.3M | -16.8% |
| FY2020 | $15.9M | -43.8% |
| FY2019 | $28.4M | +26.2% |
| FY2018 | $22.5M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026