NASDAQ : NEWT
NewtekOne, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 10.76 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 310.88M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 168.56M | 146.27M | 110.89M | 84.00M | 35.70M | 75.94M |
| Interest Income on Investments | 24.68M | 15.35M | 12.04M | 12.13M | 27.58M | 12.92M |
| Total Interest Income | 193.24M | 161.63M | 122.94M | 96.13M | 63.27M | 88.86M |
| Interest Paid on Deposits | 68.00M | 41.89M | 28.69M | 15.85M | ||
| Interest Paid on Borrowings | 54.24M | 56.64M | 52.42M | 51.89M | 26.32M | 20.52M |
| Total Interest Expense | 122.24M | 98.53M | 81.11M | 67.74M | 26.32M | 20.52M |
| Net Interest Income | 71.00M | 63.10M | 41.82M | 28.39M | 36.95M | 68.35M |
| Other Non-Interest Income | 113.06M | 144.13M | 118.61M | 123.55M | 11.32M | 26.30M |
| Total Non-Interest Income | 220.15M | 221.70M | 215.79M | 175.01M | 68.22M | 79.41M |
| Revenues Before Loan Losses | 291.16M | 284.80M | 257.62M | 203.41M | 105.17M | 147.76M |
| Provision for Loan Losses | 45.51M | 38.73M | 26.22M | 11.70M | ||
| Revenue | 245.65M | 246.07M | 231.40M | 191.70M | 105.17M | 147.76M |
| Salaries and Employee Benefits | 86.64M | 80.67M | 73.87M | 62.88M | 17.68M | 15.77M |
| Occupancy Expenses | 539.00K | 668.00K | 1.78M | 2.88M | 239.00K | 304.00K |
| Selling, General & Administrative | 45.00M | 48.20M | 53.41M | 52.53M | 15.02M | 13.86M |
| Other Non-Interest Expense | 38.52M | 36.37M | 33.65M | 27.76M | 30.75M | 31.06M |
| Total Non-Interest Expense | 170.70M | 165.91M | 162.71M | 146.06M | 63.68M | 60.99M |
| EBT Excluding Unusual Items | 74.95M | 80.16M | 68.69M | 45.64M | 41.49M | 86.77M |
| Other Unusual Items | -179.00K | -271.00K | -417.00K | |||
| Pretax Income | 74.95M | 79.98M | 68.69M | 45.37M | 38.77M | 85.47M |
| Income Tax Expense | 16.69M | 19.46M | 17.84M | -1.96M | 6.46M | 1.33M |
| Net Income | 58.26M | 60.51M | 50.85M | 47.33M | 32.31M | 84.14M |
| Preferred Dividends & Other Adjustments | 4.25M | 2.33M | 1.60M | 1.45M | ||
| Net Income to Common | 54.01M | 58.18M | 49.25M | 45.88M | 32.31M | 84.14M |
| Basic Shares Outstanding | 28.67M | 26.32M | 24.95M | 24.26M | 24.20M | 22.80M |
| Diluted Shares Outstanding | 28.84M | 26.71M | 25.19M | 24.35M | 24.20M | 22.80M |
| EPS (Basic) | 1.88 | 2.21 | 1.97 | 1.89 | 1.34 | 3.69 |
| EPS (Diluted) | 1.87 | 2.18 | 1.96 | 1.88 | 1.34 | 3.69 |
| Dividend Per Share | 0.76 | 0.76 | 0.76 | 0.72 | 2.75 | 3.15 |
| Effective Tax Rate | 22.27% | 24.34% | 25.97% | 16.67% | 1.55% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 281.29M | 283.81M | 353.15M | 153.09M | 53.69M | 2.40M |
| Investment Securities | 50.61M | 64.55M | 81.59M | 73.76M | 283.60M | 758.78M |
| Trading Asset Securities | 737.00K | 715.00K | ||||
| Total Investments | 50.61M | 65.28M | 82.31M | 73.76M | 283.60M | 758.78M |
| Gross Loans | 2.13B | 1.18B | 991.40M | 806.11M | 505.27M | 44.54M |
| Allowance for Loan Losses | -57.05M | -45.23M | -30.23M | -12.57M | ||
| Net Loans | 2.08B | 1.13B | 961.16M | 793.53M | 505.27M | 44.54M |
| Property, Plant & Equipment | 2.46M | 2.79M | 5.69M | 5.70M | 6.48M | 7.31M |
| Goodwill | 14.09M | 14.09M | 25.89M | |||
| Other Intangible Assets | 14.49M | 512.00K | 667.00K | 4.24M | ||
| Loans Held for Sale | 672.46M | 998.37M | 431.09M | 175.47M | 19.17M | |
| Accrued Interest Receivable | 30.40K | 200.00K | ||||
| Other Receivables | 100.00K | 242.00K | 7.00K | 1.34M | 4.39M | |
| Restricted Cash | 23.17M | 26.48M | 28.23M | 30.92M | 71.91M | 184.46M |
| Other Current Assets | 438.00K | 73.77M | 62.23M | |||
| Long-Term Deferred Tax Assets | 14.05M | 5.23M | ||||
| Other Real Estate Owned & Foreclosed | 8.86M | 3.76M | 1.11M | 3.53M | 2.35M | |
| Other Long-Term Assets | 387.03M | 207.20M | 102.14M | 94.51M | 53.91M | 52.32M |
| Total Assets | 3.53B | 2.74B | 2.06B | 1.43B | 998.90M | 1.06B |
| Accounts Payable | 35.33M | 15.40M | 18.28M | 3.08M | ||
| Accrued Expenses | 2.62M | 3.52M | 5.14M | 5.11M | 7.39M | |
| Interest Bearing Deposits | 2.44B | 1.36B | 961.91M | 386.94M | ||
| Institutional Deposits | 66.51M | |||||
| Non-Interest Bearing Deposits | 68.00M | 53.87M | 11.14M | 10.05M | ||
| Total Deposits | 2.51B | 1.42B | 973.05M | 463.50M | ||
| Short-Term Borrowings | 3.76M | 2.20M | 183.00K | |||
| Current Portion of Long-Term Debt | 95.00M | 29.91M | 38.12M | 37.90M | ||
| Current Portion of Leases | 660.00K | |||||
| Accrued Interest Payable | 7.09M | 6.04M | 4.11M | 2.85M | 1.87M | |
| Other Current Liabilities | 9.45M | 17.16M | 4.79M | |||
| Long-Term Debt | 539.47M | 717.54M | 662.80M | 586.39M | 501.49M | 472.13M |
| Federal Home Loan Bank Debt, Long-Term | 7.35M | 15.33M | 23.18M | |||
| Long-Term Leases | 2.54M | 2.21M | 6.50M | 6.95M | 7.97M | 9.06M |
| Long-Term Deferred Tax Liabilities | 10.73M | 2.24M | 19.19M | 12.73M | ||
| Other Long-Term Liabilities | 19.34M | 57.02M | 26.60M | 48.26M | 49.02M | 146.22M |
| Total Liabilities | 3.11B | 2.35B | 1.76B | 1.18B | 623.54M | 652.67M |
| Preferred Stock, Convertible | 48.18M | 48.18M | 19.74M | 19.74M | ||
| Common Stock | 579.00K | 573.00K | 526.00K | 492.00K | 492.00K | 483.00K |
| Additional Paid-In Capital | 255.33M | 253.83M | 218.27M | 200.91M | 354.24M | 367.66M |
| Retained Earnings | 114.04M | 94.99M | 57.77M | 28.05M | 20.62M | 35.74M |
| Comprehensive Income & Other | -2.00K | -4.00K | -21.00K | -148.00K | ||
| Total Common Equity | 369.94M | 349.39M | 276.54M | 229.31M | 375.36M | 403.89M |
| Shareholders' Equity | 418.12M | 397.57M | 296.28M | 249.05M | 375.36M | 403.89M |
| Total Liabilities & Equity | 3.53B | 2.74B | 2.06B | 1.43B | 998.90M | 1.06B |
| Total Debt | 542.00M | 826.53M | 716.74M | 654.65M | 547.37M | 481.37M |
| Net Cash (Debt) | -260.71M | -541.98M | -362.88M | -501.56M | -493.68M | -478.97M |
| Net Cash Per Share | -9.04 | -20.29 | -14.41 | -20.60 | -20.40 | -21.01 |
| Filing Date Shares Outstanding | 28.89M | 28.83M | 26.29M | 24.71M | 24.61M | 24.16M |
| Total Common Shares Outstanding | 28.89M | 28.66M | 26.29M | 24.68M | 24.61M | 24.16M |
| Book Value Per Share | 12.80 | 12.19 | 10.52 | 9.29 | 15.25 | 16.72 |
| Tangible Book Value | 355.45M | 334.79M | 261.79M | 199.19M | 375.36M | 403.89M |
| Tangible Book Value Per Share | 12.30 | 11.68 | 9.96 | 8.07 | 15.25 | 16.72 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 60.51M | 50.85M | 47.33M | 32.31M | 84.14M | |
| Depreciation & Amortization | 668.00K | 1.78M | 2.88M | 239.00K | 304.00K | |
| Other Amortization | 4.40M | 4.56M | 4.05M | 2.49M | 2.65M | |
| Gain (Loss) on Sale of Assets | 616.00K | |||||
| Gain (Loss) on Sale of Investments | 3.09M | -11.55M | -3.89M | -24.32M | -1.38M | |
| Total Asset Writedown | 16.69M | 12.66M | 4.28M | 10.10M | 6.78M | |
| Provision for Credit Losses | -22.16M | 22.00M | -2.67M | 26.50M | -11.08M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -635.22M | -148.35M | -80.62M | -12.47M | -12.73M | |
| Change in Accounts Payable | -2.84M | 6.09M | -26.76M | 9.02M | 1.19M | |
| Change in Other Net Operating Assets | 61.78M | -7.39M | -61.36M | -61.46M | 138.03M | |
| Other Operating Activities | 7.32M | 8.83M | -3.83M | 12.08M | -13.88M | |
| Operating Cash Flow | -579.24M | -153.01M | -169.22M | -62.42M | 140.92M | |
| Capital Expenditures | -10.23M | -439.00K | -458.00K | -11.00K | ||
| Cash Acquisitions | 11.14M | |||||
| Investment in Securities | 27.63M | 36.08M | -12.48M | |||
| Divestitures | 4.00M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -246.11M | -211.72M | -139.65M | |||
| Other Investing Activities | -20.59M | -32.97M | -30.78M | |||
| Investing Cash Flow | -245.29M | -209.05M | -172.24M | -11.00K | ||
| Long-Term Debt Issued | 563.20M | 424.12M | 442.88M | 164.90M | 243.43M | |
| Long-Term Debt Repaid | -452.30M | -358.83M | -423.36M | -97.82M | -221.91M | |
| Net Debt Issued (Repaid) | 110.90M | 65.29M | 19.52M | 67.08M | 21.52M | |
| Issuance of Common Stock | 5.36M | 14.03M | 51.00K | 2.02M | 50.01M | |
| Repurchase of Common Stock | -3.66M | -701.00K | -826.00K | -1.57M | ||
| Preferred Stock Issued | 48.18M | 20.00M | ||||
| Common Dividends Paid | -64.54M | -70.14M | ||||
| Total Dividends Paid | -28.04M | -20.25M | -14.15M | -64.54M | -70.14M | |
| Net Increase (Decrease) in Deposit Accounts | 444.35M | 508.58M | 324.70M | |||
| Other Financing Activities | 176.36M | -6.04M | -5.16M | -2.55M | -5.29M | |
| Financing Cash Flow | 753.45M | 560.90M | 344.97M | 1.18M | -5.49M | |
| Net Cash Flow | -71.08M | 197.37M | 58.40M | -61.25M | 135.44M | |
| Free Cash Flow | -589.47M | -153.45M | -169.68M | -62.43M | 140.92M | |
| Free Cash Flow Margin | -239.55% | -66.31% | -88.51% | -59.36% | 95.37% | |
| Free Cash Flow Per Share | -22.07 | -6.09 | -6.97 | -2.58 | 6.18 | |
| Cash Interest Paid | 97.48M | 79.19M | 66.47M | 25.35M | 20.13M | |
| Cash Income Tax Paid | 12.50M | 7.43M | 6.88M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 317.81M | 327.87M | 335.92M | 340.14M | 396.90M | 665.11M |
| Last Close Price | 10.99 | 10.83 | 11.39 | 11.57 | 12.95 | 19.38 |
| PE Ratio | 5.87 | 5.64 | 6.82 | 7.42 | 12.28 | 7.91 |
| PS Ratio | 1.29 | 1.33 | 1.45 | 1.77 | 3.77 | 4.50 |
| PB Ratio | 0.86 | 0.82 | 1.13 | 1.37 | 1.06 | 1.65 |
| P/FCF Ratio | 4.72 | |||||
| P/OCF Ratio | 4.72 | |||||
| Debt / Equity Ratio | 1.30 | 2.08 | 2.42 | 2.63 | 1.46 | 1.19 |
| Debt / FCF Ratio | 3.42 | |||||
| Net Debt / Equity Ratio | 0.62 | 1.36 | 1.23 | 2.01 | 1.31 | 1.19 |
| Net Debt / FCF Ratio | -0.92 | -2.37 | -2.96 | -7.91 | 3.40 | |
| Return on Equity (ROE) | 14.48% | 17.44% | 18.65% | 15.16% | 8.29% | 22.64% |
| Return on Assets (ROA) | 1.97% | 2.52% | 2.92% | 3.90% | 3.14% | 8.87% |
| Earnings Yield | 17.02% | 18.46% | 15.14% | 13.91% | 8.14% | 12.65% |
| FCF Yield | -236.00% | -179.79% | -45.68% | -49.88% | -15.73% | 21.19% |
| Dividend Yield | 6.91% | 6.64% | 5.95% | 5.22% | 17.05% | 11.44% |
| Payout Ratio | 40.59% | 46.34% | 39.83% | 29.89% | 199.76% | 83.36% |
| Buyback Yield / Dilution | -11.68% | -6.07% | -3.44% | -0.62% | -6.16% | -7.80% |
| Total Shareholder Return | -4.77% | 0.57% | 2.51% | 4.60% | 10.90% | 3.64% |