Company / Net Income
SOUTH PLAINS FINANCIAL, INC. Net Income History
FY2018-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$49.7M
FY2024
5-year range
$45.4M / $62.7M
FY2020-FY2024
Trend
-20.8%
vs FY2023
Sector context
#334 of 404
Financials
What the data says
SOUTH PLAINS FINANCIAL, INC.'s net income of $50M is lower than 83% of companies in the Financials sector (FY2024). Net Income has fluctuated over the past 7 years, ranging from $29M in FY2019 to $63M in FY2023.
Based on SEC 10-K filings.
$50M in FY2024 with a 5-year CAGR of +11.2%.
Declined from $58M to $50M over the past 2 years.
Financials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -5.3%
- 5-Year CAGR
- +11.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in FinancialsTop 83% of 404This company $49.7M Sector average $1.6B
▼
-96.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.2%, indicating consistent growth.
- In FY2024, net income decreased 20.8% year-over-year.
- Ranks #334 out of 404 companies in the Financials sector.
- Peak net income was recorded in FY2023.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $49.7M | -20.8% |
| FY2023 | $62.7M | +7.7% |
| FY2022 | $58.2M | -0.6% |
| FY2021 | $58.6M | +29.2% |
| FY2020 | $45.4M | +55.2% |
| FY2019 | $29.2M | -0.2% |
| FY2018 | $29.3M | - |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026