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South Plains Financial (South Plains Financial) Pre-Tax Income : $81.8 Mil (TTM As of Mar. 2024)


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What is South Plains Financial Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. South Plains Financial's pretax income for the three months ended in Mar. 2024 was $14.0 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $81.8 Mil. South Plains Financial's pretax margin was 30.89%.

During the past 7 years, South Plains Financial's highest Pretax Margin was 45.97%. The lowest was 17.51%. And the median was 25.77%.


South Plains Financial Pre-Tax Income Historical Data

The historical data trend for South Plains Financial's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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South Plains Financial Pre-Tax Income Chart

South Plains Financial Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial 36.70 56.60 73.12 73.15 79.42

South Plains Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.64 37.49 17.18 13.11 14.02

Competitive Comparison of South Plains Financial's Pre-Tax Income

For the Banks - Regional subindustry, South Plains Financial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


South Plains Financial's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, South Plains Financial's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where South Plains Financial's Pre-Tax Income falls into.



South Plains Financial Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

South Plains Financial's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+79.417
=79.4

South Plains Financial's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Other
=0+14.017
=14.0

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $81.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


South Plains Financial  (NAS:SPFI) Pre-Tax Income Explanation

South Plains Financial's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=14.017/45.38
=30.89%

During the past 7 years, South Plains Financial's highest Pretax Margin was 45.97%. The lowest was 17.51%. And the median was 25.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


South Plains Financial Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of South Plains Financial's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


South Plains Financial (South Plains Financial) Business Description

Traded in Other Exchanges
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
South Plains Financial Inc operates as a bank holding company. The company provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals. The principal business activities include commercial and retail banking, along with insurance, investment, trust, and mortgage services. The company has two reportable segments: banking and insurance.
Executives
Richard D Campbell director, 10 percent owner 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Curtis C Griffith director, 10 percent owner, officer: Chairman & CEO 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Noe G Valles director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Newsom Cory T director, officer: President 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Mikella D Newsom officer: Chief Risk Officer & Secretary 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kelly L. Deterding other: President - Windmark Insurance 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Steven B Crockett officer: CFO and Treasurer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kyle R Wargo director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Allison Navitskas director 511 E JOHN CARPENTER FREEWAY, IRVING TX 75062
Cynthia B Keith director 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544
Kevin R Bass officer: Chief Credit Officer 5219 CITY BANK PARKWAY, LUBBOCK TX 79407-3544

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