SOUTH PLAINS FINANCIAL, INC. Annual Interest Expense in USD from 2018 to 2023

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 2018 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $72.3M +$49.6M +219% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $22.7M +$9.42M +71% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $13.3M -$2.67M -16.8% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-15
2020 $15.9M -$12.4M -43.8% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-13
2019 $28.4M +$5.89M +26.2% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-08
2018 $22.5M Jan 1, 2018 Dec 31, 2018 10-K 2020-03-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.