What is NewtekOne, Inc.'s banking — technology expense?

NewtekOne, Inc. (NEWT) reported banking — technology expense of $1.42M in Q1 2026.

How has NewtekOne, Inc.'s banking — technology expense changed year-over-year?

NewtekOne, Inc.'s banking — technology expense increased by 19.1% year-over-year, from $1.19M to $1.42M.

What does banking — technology expense mean?

This metric measures the total expenditure dedicated to maintaining and developing the technological infrastructure supporting banking operations. It highlights the company's investment in digital platforms, software, and automated systems used to deliver financial services.

NewtekOne, Inc. NEWT Banking — Technology expense

Other segment segments

Alternative Lending

$477K-25.2%

NSBF

$278K-1.8%

Payments

$99K-44.7%

Similar metrics at other companies

ALRSBanking — Business Services Software And Technology Expense

$2.74M-7.7%

BETRBanking — Technology

$525.5K-20.7%

GSBCBanking — Technology Furniture And Equipment Expense

$5.69M+10.4%

OFGBanking — Information technology expenses

$6.56M+5.2%

SRCEData processing and equipment

$7.57M+3.9%

CBNKData processing and equipment

$7.77M+9.2%

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:InformationTechnologyAndDataProcessing.

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 — technology expense?: NewtekOne, Inc. (NEWT) reported banking — technology expense of $1.42M in Q1 2026.
How has NewtekOne, Inc.'s banking — technology expense changed year-over-year?: NewtekOne, Inc.'s banking — technology expense increased by 19.1% year-over-year, from $1.19M to $1.42M.
What does banking — technology expense mean?: This metric measures the total expenditure dedicated to maintaining and developing the technological infrastructure supporting banking operations. It highlights the company's investment in digital platforms, software, and automated systems used to deliver financial services.