NewtekOne, Inc. NEWT Banking — Professional services expense
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Where this comes from
Reported directly by NewtekOne, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 banking — professional services expense?
- NewtekOne, Inc. (NEWT) reported banking — professional services expense of $736K in Q1 2026.
- How has NewtekOne, Inc.'s banking — professional services expense changed year-over-year?
- NewtekOne, Inc.'s banking — professional services expense decreased by 0.9% year-over-year, from $743K to $736K.
- What is the long-term trend for NewtekOne, Inc.'s banking — professional services expense?
- Over 2 years (2023 to 2025), NewtekOne, Inc.'s banking — professional services expense has grown at a 32.9% compound annual growth rate (CAGR), from $2.9M to $5.13M.
- What does banking — professional services expense mean?
- This metric represents the costs incurred by the banking segment for external advisory, legal, accounting, and consulting services. It reflects the company's reliance on third-party expertise to support operational compliance, strategic initiatives, and specialized banking functions.