SPFI Q1 2023 Earnings — South Plains Financial, Inc. Revenue & Financial Results | Market Cap Arena

SPFISouth Plains Financial, Inc.

$665M

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$57M+2.4% YoY

Gross Profit

$43M75.1% margin

Operating Income

$12M20.5% margin

Net Income

$9M16.3% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

-1.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$24M

Stock-Based Comp.

$525,000

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$3.7B

Stockholders' Equity

$368M

Cash & Equivalents

$328M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$55M	+2.4%
Gross Profit	$43M	$54M	-21.6%
Operating Income	$12M	$18M	-34.7%
Net Income	$9M	$14M	-35.3%