SPFI Q4 2023 Earnings — South Plains Financial, Inc. Revenue & Financial Results | Market Cap Arena

SPFISouth Plains Financial, Inc.

$665M

Q4 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$65M+12.8% YoY

Gross Profit

$42M65.1% margin

Operating Income

$13M20.2% margin

Net Income

$10M15.9% margin

EPS (Diluted)

$0.61

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$7M

Stock-Based Comp.

$532,000

Balance Sheet

Total Assets

$4.2B

Total Liabilities

$3.8B

Stockholders' Equity

$407M

Cash & Equivalents

$330M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$65M	$58M	+12.8%
Gross Profit	$42M	$47M	-10.9%
Operating Income	$13M	$16M	-18.3%
Net Income	$10M	$13M	-18.2%