What is NewtekOne, Inc.'s allowance for credit losses?

NewtekOne, Inc. (NEWT) reported allowance for credit losses of $46.72M in Q1 2026.

How has NewtekOne, Inc.'s allowance for credit losses changed year-over-year?

NewtekOne, Inc.'s allowance for credit losses increased by 20.9% year-over-year, from $38.65M to $46.72M.

What does allowance for credit losses mean?

Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.

NewtekOne, Inc. NEWT Allowance for credit losses

Allowance for credit losses at other companies

Live Oak BancsharesLOB

$193.28M+1.6%

Primis Financial Corp.FRST

$46.38M+5.4%

STB

S&T BancorpSTBA

$93.27M-5.8%

Bank7 Corp.BSVN

$0—

NB Bancorp, Inc.NBBK

$80.2M+109%

California BanCorpBCAL

$34M-25.8%

Other financials

Income statement

See full

Net income$13.4M+43.1%

EPS (diluted)$0.43+22.9%

Balance sheet

See full

Cash & equivalents$5.2M-48.8%

Total debt$553.2M-29.1%

Total equity$404.7M+33.9%

Total assets$2.9B+35.1%

Cash flow

See full

Operating cash flow-$257.5M-324%

CapEx$89.0K+141%

Free cash flow-$257.5M-324%

Valuation

See full

Market cap$416.43M+52.3%

Enterprise value$964.44M-7.6%

P/E6.5×+1.0×

Returns & leverage

See full

Return on equity18.3%+0.1pp

Debt / equity1.4×-1.2×

Where this comes from

Reported directly by NewtekOne, Inc. in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest.

The official record: NewtekOne, Inc.’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NewtekOne, Inc.'s allowance for credit losses?: NewtekOne, Inc. (NEWT) reported allowance for credit losses of $46.72M in Q1 2026.
How has NewtekOne, Inc.'s allowance for credit losses changed year-over-year?: NewtekOne, Inc.'s allowance for credit losses increased by 20.9% year-over-year, from $38.65M to $46.72M.
What does allowance for credit losses mean?: Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.