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NewtekOne, Inc. NEWT Banking — Professional services expense

Other segment segments

NSBF
$307K-49.0%
Alternative Lending
$115K+71.6%
Payments
$102K+168%

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TFINBanking — Professional fees
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$1.54M+29.2%
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NWBIBanking Segment — Professional services
$3.52M+27.8%
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FRHCBank — Professional services
$159K-39.1%
OFG Bancorp logo
OFGBanking — Professional Fees
$4.33M-2.1%

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$416.43M+52.3%
Enterprise value$964.44M-7.6%
P/E6.5×+1.0×

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 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.