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NewtekOne, Inc. NEWT Payments — Interest Expense

Other segment segments

Banking
$15.58M+53.7%
Alternative Lending
$2.15M-11.2%
NSBF
$2.13M-36.8%

Similar metrics at other companies

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TFINPayments — Total interest expense
$0
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SNEXPayments — Total interest expense
$0
TFI
TFINPayments — Total noninterest expense
$16.1M-5.9%
TFI
TFINPayments — Interest Income (Expense), Operating
$9.65M+16.6%
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MAPayment Solutions — Interest Expense
$185M+1.6%
TFI
TFINPayments — Noninterest Income (Expense), Intersegment
-$640K-11.9%

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:InterestExpenseOperating.

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 payments — interest expense?
NewtekOne, Inc. (NEWT) reported payments — interest expense of $2.15M in Q1 2026.
How has NewtekOne, Inc.'s payments — interest expense changed year-over-year?
NewtekOne, Inc.'s payments — interest expense increased by 241.2% year-over-year, from $629K to $2.15M.
What does payments — interest expense mean?
The total cost of interest incurred on liabilities directly attributable to the payments business segment. This includes interest paid on deposits or debt instruments used to fund the segment's operations. Tracking this expense is critical for evaluating the cost of capital required to support payment processing activities.