What is NewtekOne, Inc.'s lower of cost or market, adjustment?

NewtekOne, Inc. (NEWT) reported lower of cost or market, adjustment of $24K in Q1 2026.

What does lower of cost or market, adjustment mean?

Represents the valuation adjustment required to write down assets to the lower of their original cost or current market value. This metric serves as a conservative measure of potential impairment or decline in asset quality within the portfolio.

NewtekOne, Inc. NEWT Lower of Cost or Market, Adjustment

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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

See full

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

See full

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 newt:LowerOfCostOrMarketAdjustment.

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 lower of cost or market, adjustment?: NewtekOne, Inc. (NEWT) reported lower of cost or market, adjustment of $24K in Q1 2026.
What does lower of cost or market, adjustment mean?: Represents the valuation adjustment required to write down assets to the lower of their original cost or current market value. This metric serves as a conservative measure of potential impairment or decline in asset quality within the portfolio.