South Other Operating Expenses from 2010 to 2024

SPFI Stock  USD 38.85  0.17  0.44%   
South Plains' Other Operating Expenses is decreasing with slightly volatile movements from year to year. Other Operating Expenses is estimated to finish at about 3.6 M this year. Other Operating Expenses is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. View All Fundamentals
 
Other Operating Expenses  
First Reported
2018-03-31
Previous Quarter
59.3 M
Current Value
46.4 M
Quarterly Volatility
25.6 M
 
Covid
Check South Plains financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among South Plains' main balance sheet or income statement drivers, such as Tax Provision of 9.7 M, Net Interest Income of 127.6 M or Interest Income of 155.7 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0279 or PTB Ratio of 1.54. South financial statements analysis is a perfect complement when working with South Plains Valuation or Volatility modules.
  
Check out the analysis of South Plains Correlation against competitors.

Latest South Plains' Other Operating Expenses Growth Pattern

Below is the plot of the Other Operating Expenses of South Plains Financial over the last few years. Other Operating Expenses is the expense which generally does not depend on sales or production quantities of South Plains Financial. It is also known as South Plains overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. It is expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production. South Plains' Other Operating Expenses historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in South Plains' overall financial position and show how it may be relating to other accounts over time.
Other Operating Expenses10 Years Trend
Slightly volatile
   Other Operating Expenses   
       Timeline  

South Other Operating Expenses Regression Statistics

Arithmetic Mean44,794,577
Geometric Mean53,284,938
Coefficient Of Variation201.34
Mean Deviation69,914,564
Median93,835,000
Standard Deviation90,188,908
Sample Variance8134T
Range289.5M
R-Value(0.58)
Mean Square Error5774.4T
R-Squared0.34
Significance0.02
Slope(11,772,966)
Total Sum of Squares113876.5T

South Other Operating Expenses History

20243.6 M
20233.5 M
20223.6 M
2021-146.1 M
2020-165 M
2019124.5 M
201897.1 M

About South Plains Financial Statements

Investors use fundamental indicators, such as South Plains' Other Operating Expenses, to determine how well the company is positioned to perform in the future. Although South Plains' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Other Operating Expenses3.5 M3.6 M

Currently Active Assets on Macroaxis

When determining whether South Plains Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of South Plains' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of South Plains Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on South Plains Financial Stock:
Check out the analysis of South Plains Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of South Plains. If investors know South will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about South Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
0.54
Earnings Share
2.57
Revenue Per Share
11.2
Quarterly Revenue Growth
(0.03)
The market value of South Plains Financial is measured differently than its book value, which is the value of South that is recorded on the company's balance sheet. Investors also form their own opinion of South Plains' value that differs from its market value or its book value, called intrinsic value, which is South Plains' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because South Plains' market value can be influenced by many factors that don't directly affect South Plains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between South Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if South Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, South Plains' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.