SOUTH PLAINS FINANCIAL, INC. Quarterly Interest Expense in USD from Q1 2018 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
South Plains Financial, Inc. quarterly/annual Interest Expense history and growth rate from Q1 2018 to Q1 2024.
  • South Plains Financial, Inc. Interest Expense for the quarter ending March 31, 2024 was $23.4M, a 77.9% increase year-over-year.
  • South Plains Financial, Inc. Interest Expense for the twelve months ending March 31, 2024 was $82.5M, a 152% increase year-over-year.
  • South Plains Financial, Inc. annual Interest Expense for 2023 was $72.3M, a 219% increase from 2022.
  • South Plains Financial, Inc. annual Interest Expense for 2022 was $22.7M, a 71% increase from 2021.
  • South Plains Financial, Inc. annual Interest Expense for 2021 was $13.3M, a 16.8% decline from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $82.5M $23.4M +$10.2M +77.9% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-06
Q4 2023 $72.3M $22.1M +$12.2M +123% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-15
Q3 2023 $60.1M $20.8M +$14.8M +247% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-08
Q2 2023 $45.3M $16.2M +$12.6M +345% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-07
Q1 2023 $32.7M $13.1M +$10M +319% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-06
Q4 2022 $22.7M $9.91M +$6.76M +214% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-15
Q3 2022 $15.9M $6.01M +$2.75M +84.2% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-08
Q2 2022 $13.2M $3.65M +$224K +6.54% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-07
Q1 2022 $13M $3.13M -$305K -8.87% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-08
Q4 2021 $13.3M $3.15M -$468K -12.9% Oct 1, 2021 Dec 31, 2021 10-K 2024-03-15
Q3 2021 $13.7M $3.26M +$30K +0.93% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-08
Q2 2021 $13.7M $3.42M -$136K -3.82% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-08
Q1 2021 $13.8M $3.44M -$2.1M -37.9% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-09
Q4 2020 $15.9M $3.62M -$2.52M -41.1% Oct 1, 2020 Dec 31, 2020 10-K 2023-03-13
Q3 2020 $18.5M $3.23M -$3.87M -54.5% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-04
Q2 2020 $22.3M $3.56M -$4.11M -53.6% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-09
Q1 2020 $26.4M $5.54M -$1.92M -25.7% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-10
Q4 2019 $28.4M $6.14M -$865K -12.3% Oct 1, 2019 Dec 31, 2019 10-K 2022-03-08
Q3 2019 $29.2M $7.1M +$1.15M +19.4% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-06
Q2 2019 $28.1M $7.67M +$2.7M +54.4% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-14
Q1 2019 $25.4M $7.46M +$2.89M +63.4% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-13
Q4 2018 $22.5M $7.01M Oct 1, 2018 Dec 31, 2018 10-K 2020-03-25
Q3 2018 $5.94M Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-13
Q2 2018 $4.97M Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-14
Q1 2018 $4.57M Jan 1, 2018 Mar 31, 2018 10-Q 2019-06-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.