Company research
NewtekOne, Inc.
CIK 1587987Updated Sep 24, 2026
SecuritiesNEWT · NASDAQ · equityNEWTG · NASDAQ · debentureNEWTH · NASDAQ · debentureNEWTI · NASDAQ · debentureNEWTO · NASDAQ · debentureNEWTP · NASDAQ · preferred
Name history
Newtek Business Services Corp. · through Jan 13, 2023
NEWT price & chart
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NASDAQ:NEWT on TradingView ↗In the news
NewtekOne, Inc. Reports 2Q26 Basic and Diluted EPS of $0.48 and $0.47 ↗
Seeking Alpha
Blackstone Secured Lending's NAV, Valuation, And Dividend Versus 11 BDC Peers - Part 2 (Includes Calendar Q4 2026 - Q1 2027 Dividend Projections) ↗
Blackstone Secured Lending's NAV, Valuation, And Dividend Versus 11 BDC Peers - Part 2 (Includes Calendar Q4 2026 - Q1 2027 Dividend Projections) ↗
NewtekOne, Inc. DEP SHS REP 1/40 8.5% NON CUM PRF B declares $0.5312 dividend ↗
Recent filings
Results of Operations and Financial Condition
Items 2.02, 9.01
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
EFFECT filing
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,744,819,000Source | 2,059,912,000Source | 1,451,021,000Source | 998,902,000Source |
| GoodwillUSD | 14,085,000Source | 14,085,000Source | — | 0Source |
| Operating Lease, Right-of-Use AssetUSD | 2,790,000Source | 5,688,000Source | — | 6,484,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,347,249,000Source | 1,763,630,000Source | 1,215,572,000Source | 623,544,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | 19,738,000Source | — | 0Source |
| Common Stock, Value, IssuedUSD | 573,000Source | 526,000Source | — | 492,000Source |
| Additional Paid in CapitalUSD | 253,830,000Source | 218,266,000Source | 199,358,000Source | 354,243,000Source |
| Retained Earnings (Accumulated Deficit)USD | 94,990,000Source | 57,773,000Source | 16,065,000Source | 20,623,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -4,000Source | -21,000Source | — | 0Source |
| Stockholders' Equity Attributable to ParentUSD | 397,570,000Source | 296,282,000Source | 235,449,000Source | 375,358,000Source |
| Liabilities and EquityUSD | 2,744,819,000Source | 2,059,912,000Source | 1,451,021,000Source | 998,902,000Source |
| Deferred Income Tax Liabilities, NetUSD | 10,728,000Source | 2,244,000Source | — | 19,194,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | — | — | 0Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 10,728,000Source | 2,244,000Source | — | 19,194,000Source |
| Dividends PayableUSD | 0Source | 5,233,000Source | — | 0Source |
| Long-term DebtUSD | 819,888,000Source | 708,041,000Source | — | 539,326,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | 50,853,000Source | 47,329,000Source | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 668,000Source | 1,784,000Source | 2,884,000Source | 239,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,097,000Source | 4,062,000Source | 2,828,000Source | 0Source |
| Deferred Income Tax Expense (Benefit)USD | 8,482,000Source | 10,403,000Source | -4,800,000Source | 6,464,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -579,241,000Source | -153,014,000Source | -169,219,000Source | -62,418,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 0Source | -11,142,000Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -245,292,000Source | -209,051,000Source | -172,235,000Source | -11,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 106,000Source | 439,000Source | 458,000Source | 11,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 2,171,000Source | 299,000Source | 0Source | 826,000Source |
| Payments for Repurchase of Common StockUSD | 0Source | 402,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 753,450,000Source | 560,897,000Source | 344,974,000Source | 1,175,000Source |
| Dividends paid | — | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -71,083,000Source | 198,832,000Source | 3,520,000Source | -61,254,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 310,291,000Source | 381,374,000Source | 184,006,000Source | 125,606,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 97,479,000Source | 79,192,000Source | 9,108,000Source | 18,344,000Source |
| Income Taxes Paid, NetUSD | 12,502,000Source | 7,429,000Source | 6,884,000Source | 0Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 4,097,000Source | 4,062,000Source | 2,800,000Source | 2,500,000Source |
| Amortization of Debt Issuance CostsUSD | 4,396,000Source | 4,564,000Source | 4,052,000Source | 2,494,000Source |
| Amortization of Intangible AssetsUSD | 170,000Source | 539,000Source | — | — |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | 0Source | 0Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -4,405,000Source | 10,712,000Source | — | — |
| Dividends PayableUSD | 0Source | 5,233,000Source | 4,792,000Source | 0Source |
| Gain (Loss) on Sale of DerivativesUSD | — | — | 834,000Source | 445,000Source |
| Gain (Loss) on Sales of Loans, NetUSD | 47,555,000Source | 97,183,000Source | 50,734,000Source | 56,901,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -179,000Source | 0Source | -271,000Source | -417,000Source |
| GoodwillUSD | 14,085,000Source | 14,085,000Source | 25,885,000Source | 0Source |
| Impairment of Intangible Assets, Finite-livedUSD | — | — | 1,500,000Source | — |
| Income Tax Expense (Benefit)USD | 19,465,000Source | 17,839,000Source | -1,956,000Source | 6,464,000Source |
| Net Income (Loss) Attributable to ParentUSD | 60,512,000Source | 50,853,000Source | 47,329,000Source | 32,311,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 58,177,000Source | 49,253,000Source | 45,875,000Source | 32,311,000Source |
| Payments of Financing CostsUSD | — | — | 4,650,000Source | 2,552,000Source |
| Proceeds from Issuance of Common StockUSD | 5,091,000Source | 13,818,000Source | 0Source | 2,019,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 38,729,000Source | 26,216,000Source | 11,704,000Source | 0Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 38,729,000Source | 26,216,000Source | 11,704,000Source | 0Source |
| Unrealized Gain (Loss) on DerivativesUSD | 74,000Source | 1,344,000Source | -699,000Source | 183,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | 19,465,000Source | 17,839,000Source | -1,956,000Source | 6,464,000Source |
| Net Income (Loss) Attributable to ParentUSD | 60,512,000Source | 50,853,000Source | 47,329,000Source | 32,311,000Source |
| Earnings Per Share, BasicUSD per share | 2.21Source | 1.97Source | 1.89Source | 1.34Source |
| Earnings Per Share, DilutedUSD per share | 2.18Source | 1.96Source | 1.88Source | 1.34Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 26,324,000Source | 24,945,000Source | 24,263,000Source | 24,198,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 26,715,000Source | 25,186,000Source | 24,348,000Source | 24,198,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 170,000Source | 539,000Source | — | — |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.76Source | 0.38Source | 0.18Source | — |
| Current Income Tax Expense (Benefit)USD | 10,983,000Source | 7,436,000Source | 2,844,000Source | — |
| Debt and Equity Securities, Realized Gain (Loss)USD | — | — | 0Source | 0Source |
| Debt and Equity Securities, Unrealized Gain (Loss)USD | -4,405,000Source | 10,712,000Source | — | — |
| Income (Loss) Attributable to Parent, before TaxUSD | 79,977,000Source | 68,692,000Source | 45,373,000Source | 38,775,000Source |
| Interest ExpenseUSD | — | — | 67,739,000Source | 26,325,000Source |
| InterestExpenseOperatingUSD | 98,530,000Source | 81,113,000Source | — | — |
| Interest Income (Expense), NetUSD | 59,885,000Source | 40,305,000Source | 26,634,000Source | 12,292,000Source |
| Interest Income, OperatingUSD | 158,415,000Source | 121,418,000Source | 94,373,000Source | 38,617,000Source |
| Interest Income, OtherUSD | 11,217,000Source | 9,044,000Source | 8,854,000Source | 0Source |
| Labor and Related ExpenseUSD | 84,770,000Source | 77,931,000Source | 65,708,000Source | 20,186,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 58,177,000Source | 49,253,000Source | 45,875,000Source | 32,311,000Source |
| Net Investment IncomeUSD | — | — | — | -6,476,000Source |
| Other General and Administrative ExpenseUSD | 28,641,000Source | 21,272,000Source | 22,357,000Source | 7,673,000Source |
| Preferred Stock, Dividends Per Share, DeclaredUSD per share | 70.69Source | 80Source | 12.27Source | — |