diff --git a/drivers/spi/spi_nrfx_spim.c b/drivers/spi/spi_nrfx_spim.c
index 5d5d0b4ad95..c8a0566b68a 100644
--- a/drivers/spi/spi_nrfx_spim.c
+++ b/drivers/spi/spi_nrfx_spim.c
@@ -561,9 +561,9 @@ static void transfer_next_chunk(const struct device *dev)
 				      (void **)&xfer.p_rx_buffer);
 in_alloc_failed:
 		dmm_buffer_out_release(dev_config->mem_reg, (void **)&xfer.p_tx_buffer);
-out_alloc_failed:
 	}
 
+out_alloc_failed:
 	finish_transaction(dev, error);
 }