What is NewtekOne, Inc.'s provision for credit losses?

NewtekOne, Inc. (NEWT) reported provision for credit losses of $9.61M in Q1 2026.

How has NewtekOne, Inc.'s provision for credit losses changed year-over-year?

NewtekOne, Inc.'s provision for credit losses decreased by 28.9% year-over-year, from $13.51M to $9.61M.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

NewtekOne, Inc. NEWT Provision for Credit Losses

Provision for Credit Losses at other companies

Primis Financial Corp.FRST

$1.55M-2.9%

STB

S&T BancorpSTBA

$1.78M+171%

Bank7 Corp.BSVN

$0-100%

First Business Financial ServicesFBIZ

$2.33M-38.8%

Southern First BancsharesSFST

$1.3M+73.3%

NB Bancorp, Inc.NBBK

-$54K-126%

Segments

By segment

See full

Banking$9.61M-28.9%

Alternative Lending$0—

NSBF$0—

Payments$0—

Other financials

Income statement

See full

Net income$13.4M+43.1%

EPS (diluted)$0.43+22.9%

Balance sheet

See full

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

See full

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 us-gaap:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?: NewtekOne, Inc. (NEWT) reported provision for credit losses of $9.61M in Q1 2026.
How has NewtekOne, Inc.'s provision for credit losses changed year-over-year?: NewtekOne, Inc.'s provision for credit losses decreased by 28.9% year-over-year, from $13.51M to $9.61M.
What does provision for credit losses mean?: Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.