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NewtekOne, Inc. NEWT Payments — Professional services expense
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Where this comes from
Reported directly by NewtekOne, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 item | Banking / Segment | Banking / Elim | Alternative Lending / Segment | Alternative Lending / Elim | NSBF / Segment | NSBF / Elim | Payments / Segment | Payments / Elim | Corporate & Other / Segment | Consolidated |
|---|---|---|---|---|---|---|---|---|---|---|
| Noninterest income | 48,237 | (6,459) | 3,903 | — | (3,586) | — | 10,880 | (341) | 7,026 | 53,731 |
| Salaries and employee benefits expense | 15,243 | (1,105) | 310 | (310) | 125 | (125) | 1,868 | (356) | 5,551 | 23,096 |
| Electronic payment processing expense | — | — | — | — | — | — | 4,448 | (341) | 14 | 4,121 |
| Professional services expense | 736 | — | 115 | — | 307 | — | 102 | — | 1,343 | 2,603 |
| Other loan origination and maintenance expense | 8,124 | (3,943) | 882 | (522) | 3,642 | (1,968) | — | — | 31 | 6,227 |
| Technology expense | 1,421 | — | 477 | — | 278 | — | 99 | — | 678 | 2,953 |
| Other general and administrative costs | 3,333 | (929) | 78 | — | 1,607 | — | 384 | (72) | 245 | 5,263 |
| Income before taxes | 27,738 | (223) | 8,458 | 790 | (7,470) | 1,971 | 3,634 | (1,373) | (9,723) | 17,086 |
ITEM 1. FINANCIAL STATEMENTS.
FAQ
- What is NewtekOne, Inc.'s payments — professional services expense?
- NewtekOne, Inc. (NEWT) reported payments — professional services expense of $102K in Q1 2026.
- How has NewtekOne, Inc.'s payments — professional services expense changed year-over-year?
- NewtekOne, Inc.'s payments — professional services expense increased by 168.4% year-over-year, from $38K to $102K.
- What is the long-term trend for NewtekOne, Inc.'s payments — professional services expense?
- Over 2 years (2023 to 2025), NewtekOne, Inc.'s payments — professional services expense has grown at a -10.6% compound annual growth rate (CAGR), from $660K to $528K.
- What does payments — professional services expense mean?
- Fees paid to external consultants, legal counsel, and specialized service providers to support the payments segment's strategic initiatives or compliance requirements. This metric captures the cost of outsourcing expertise to enhance technology or navigate regulatory environments. High levels may indicate significant investment in growth or infrastructure upgrades.
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