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NewtekOne, Inc. NEWT Banking — Amortization expense

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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:AmortizationOfIntangibleAssets.

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 itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Amortization expense$36$41

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is NewtekOne, Inc.'s banking — amortization expense?
NewtekOne, Inc. (NEWT) reported banking — amortization expense of $36K in Q1 2026.
How has NewtekOne, Inc.'s banking — amortization expense changed year-over-year?
NewtekOne, Inc.'s banking — amortization expense decreased by 12.2% year-over-year, from $41K to $36K.
What does banking — amortization expense mean?
The periodic allocation of the cost of intangible assets with finite useful lives within the banking segment over their expected duration. This non-cash expense reflects the gradual consumption of acquired intangible value.

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