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NewtekOne, Inc. NEWT Banking — Salaries and employee benefits expense

Other segment segments

Payments
$1.87M+7.0%
Alternative Lending
$310K-23.6%
NSBF
$125K-26.9%

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$119M+4.4%

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:LaborAndRelatedExpense.

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
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
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

ITEM 1. FINANCIAL STATEMENTS.

FAQ

What is NewtekOne, Inc.'s banking — salaries and employee benefits expense?
NewtekOne, Inc. (NEWT) reported banking — salaries and employee benefits expense of $15.24M in Q1 2026.
How has NewtekOne, Inc.'s banking — salaries and employee benefits expense changed year-over-year?
NewtekOne, Inc.'s banking — salaries and employee benefits expense increased by 18.6% year-over-year, from $12.85M to $15.24M.
What is the long-term trend for NewtekOne, Inc.'s banking — salaries and employee benefits expense?
Over 2 years (2023 to 2025), NewtekOne, Inc.'s banking — salaries and employee benefits expense has grown at a 27.9% compound annual growth rate (CAGR), from $35.39M to $57.92M.
What does banking — salaries and employee benefits expense mean?
The total compensation costs, including salaries, bonuses, and benefits, for personnel dedicated to the banking segment. This is a primary operating expense used to assess the segment's labor efficiency and human capital investment.

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