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NewtekOne, Inc. NEWT Banking — Provision for Credit Losses

Other segment segments

Alternative Lending
$0
NSBF
$0
Payments
$0

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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:ProvisionForLoanLeaseAndOtherLosses.

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 banking — provision for credit losses?
NewtekOne, Inc. (NEWT) reported banking — provision for credit losses of $9.61M in Q1 2026.
How has NewtekOne, Inc.'s banking — provision for credit losses changed year-over-year?
NewtekOne, Inc.'s banking — provision for credit losses decreased by 28.9% year-over-year, from $13.51M to $9.61M.
What is the long-term trend for NewtekOne, Inc.'s banking — provision for credit losses?
Over 2 years (2023 to 2025), NewtekOne, Inc.'s banking — provision for credit losses has grown at a 81.9% compound annual growth rate (CAGR), from $11.7M to $38.73M.
What does banking — provision for credit losses mean?
An expense charged to the income statement to maintain the allowance for loan and lease losses at a level management deems adequate to cover expected credit losses. It reflects the segment's assessment of credit risk within its loan portfolio.

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