SPFI Q1 2024 Earnings — South Plains Financial, Inc. Revenue & Financial Results | Market Cap Arena

SPFISouth Plains Financial, Inc.

$665M

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$69M+21.0% YoY

Gross Profit

$45M64.8% margin

Operating Income

$14M20.4% margin

Net Income

$11M15.8% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$19M

Stock-Based Comp.

$481,000

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$3.8B

Stockholders' Equity

$409M

Cash & Equivalents

$372M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$69M	$57M	+21.0%
Gross Profit	$45M	$43M	+4.5%
Operating Income	$14M	$12M	+20.5%
Net Income	$11M	$9M	+17.6%