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NewtekOne, Inc. NEWT Alternative Lending — Professional services expense

Other segment segments

Banking
$736K-0.9%
NSBF
$307K-49.0%
Payments
$102K+168%

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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$372.12M+21.9%
Enterprise value$920.13M-3.6%
P/E5.8×0.0×

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:ProfessionalFees.

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
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
Professional services expense7361153071021,3432,603
Other loan origination and maintenance expense8,124(3,943)882(522)3,642(1,968)316,227
Technology expense1,421477278996782,953
Other general and administrative costs3,333(929)781,607384(72)2455,263
Income before taxes27,738(223)8,458790(7,470)1,9713,634(1,373)(9,723)17,086

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is NewtekOne, Inc.'s alternative lending — professional services expense?
NewtekOne, Inc. (NEWT) reported alternative lending — professional services expense of $115K in Q1 2026.
How has NewtekOne, Inc.'s alternative lending — professional services expense changed year-over-year?
NewtekOne, Inc.'s alternative lending — professional services expense increased by 71.6% year-over-year, from $67K to $115K.
What is the long-term trend for NewtekOne, Inc.'s alternative lending — professional services expense?
Over 2 years (2023 to 2025), NewtekOne, Inc.'s alternative lending — professional services expense has grown at a 2.5% compound annual growth rate (CAGR), from $294K to $309K.
What does alternative lending — professional services expense mean?
This metric measures the costs paid to third-party consultants, legal advisors, or other professional service providers for the alternative lending segment. It reflects discretionary or specialized operational spending required to support business functions or regulatory compliance. High levels may indicate significant project-based initiatives or external support requirements.

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