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NewtekOne, Inc. NEWT Alternative Lending — Interest Expense

Other segment segments

Banking
$15.58M+53.7%
Payments
$2.15M+241%
NSBF
$2.13M-36.8%

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Other financials

Income statement

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Net income$13.4M+43.1%
EPS (diluted)$0.43+22.9%

Balance sheet

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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

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Operating cash flow-$257.5M-324%
CapEx$89.0K+141%
Free cash flow-$257.5M-324%

Valuation

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Market cap$390.9M+28.0%
Enterprise value$938.91M-1.7%
P/E6.1×+0.3×

Returns & leverage

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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:InterestExpenseOperating.

The source filing: NewtekOne, Inc.’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001587987-26-000004
Line itemBanking / SegmentBanking / ElimAlternative Lending / SegmentAlternative Lending / ElimNSBF / SegmentNSBF / ElimPayments / SegmentPayments / ElimCorporate & Other / SegmentConsolidated
Interest income$33,545$(2)$8,567$(42)$4,201$(122)$1,801$(1,801)$222$$46,241
Interest expense15,579(261)2,1502,1262,1469,10929,015
Net interest income/(loss)17,9662596,417(42)2,075(122)(345)(1,801)(8,887)17,226
Provision for loan credit losses9,6089,608
Net interest income after provision for loan credit losses8,3582596,417(42)2,075(122)(345)(1,801)(8,887)7,618
Noninterest income48,237(6,459)3,903(3,586)10,880(341)7,02653,731
Salaries and employee benefits expense15,243(1,105)310(310)125(125)1,868(356)5,55123,096
Electronic payment processing expense4,448(341)144,121

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is NewtekOne, Inc.'s alternative lending — interest expense?
NewtekOne, Inc. (NEWT) reported alternative lending — interest expense of $2.15M in Q1 2026.
How has NewtekOne, Inc.'s alternative lending — interest expense changed year-over-year?
NewtekOne, Inc.'s alternative lending — interest expense decreased by 11.2% year-over-year, from $2.42M to $2.15M.
What is the long-term trend for NewtekOne, Inc.'s alternative lending — interest expense?
Over 2 years (2023 to 2025), NewtekOne, Inc.'s alternative lending — interest expense has grown at a 50.9% compound annual growth rate (CAGR), from $4.04M to $9.19M.
What does alternative lending — interest expense mean?
This metric measures the total interest costs incurred to fund the alternative lending segment's loan portfolio. It reflects the cost of capital associated with debt or other interest-bearing liabilities used to support lending operations. Monitoring this helps evaluate the segment's cost of funds and interest margin management.

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