SPFI Q3 2023 Earnings — South Plains Financial, Inc. Revenue & Financial Results | Market Cap Arena

SPFISouth Plains Financial, Inc.

$665M

Q3 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$67M+10.6% YoY

Gross Profit

$47M70.0% margin

Operating Income

$17M25.6% margin

Net Income

$13M20.1% margin

EPS (Diluted)

$0.78

QoQ Revenue Growth

+12.3%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$25M

Stock-Based Comp.

$511,000

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$3.8B

Stockholders' Equity

$372M

Cash & Equivalents

$352M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$61M	+10.6%
Gross Profit	$47M	$55M	-15.3%
Operating Income	$17M	$19M	-11.5%
Net Income	$13M	$15M	-12.7%