← NewtekOne, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Operating Revenue | — | $105.2m |
$185.1m
+75.98%
|
$237.7m
+28.45%
|
$267.0m
+12.30%
|
$271.9m
+1.85%
|
|
| Net gains on sales of loans | $53.1m | $56.9m | $50.7m | $97.2m | $47.6m | — | |
| Other noninterest income | $10.3m | $34.2m | $23.8m | $40.3m | $33.0m | — | |
| Total noninterest income | $89.3m | $92.9m | $176.8m | $217.3m | $224.9m | — | |
| Net interest income | $58.5m |
$12.3m
-78.97%
|
$26.6m
+116.68%
|
$40.3m
+51.33%
|
$59.9m
+48.58%
|
$63.2m
+5.50%
|
|
| Interest Income (Expense), Net | $58.5m |
$12.3m
-78.97%
|
$26.6m
+116.68%
|
$40.3m
+51.33%
|
$59.9m
+48.58%
|
$166.8m
+178.48%
|
|
| Salaries and employee benefits expense | $17.9m | $20.2m | $65.7m | $77.9m | $84.8m | — | |
| Other general and administrative costs | $7.5m | $7.7m | $22.4m | $21.3m | $28.6m | — | |
| General And Administrative Expense | — | $27.9m | $88.1m | $99.2m | $113.4m | $115.6m | |
| Labor and Related Expense | $17.9m | $20.2m | $65.7m | $77.9m | $84.8m | — | |
| Amortization of Intangible Assets | — | — | — | $539k | $170k | — | |
| Noninterest expense: | |||||||
| Other Operating Expenses | $31.1m | $31.2m | — | — | — | — | |
| Total noninterest expense | $62.3m | $66.4m | $146.3m | $162.7m | $166.1m | — | |
| Interest Expense | $33.1m | $26.3m | $67.7m | $64.3m | $56.6m | $103.6m | |
| Total interest expense | $20.5m | $26.3m | $67.7m | $81.1m | $98.5m | — | |
| Net interest income after provision for credit losses | $58.5m |
$12.3m
-78.97%
|
$14.9m
+21.46%
|
$14.1m
-5.63%
|
$21.2m
+50.16%
|
$63.2m
+198.63%
|
|
| Interest Income | $79.0m | $38.6m | $94.4m | $121.4m | $158.4m | $166.8m | |
| Interest Income, Other | $0 | $0 | $8.9m | $9.0m | $11.2m | $166.8m | |
| Net Investment Income | — | ($6.5m) | — | — | — | — | |
| Gain On Sale Of Security | — | $0 | $0 | $0 | $30.0m | $86.2m | |
| Debt and Equity Securities, Realized Gain (Loss) | — | $0 | $0 | — | — | — | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | $10.7m | ($4.4m) | — | |
| Net income before taxes | $85.5m | $38.8m | $45.4m | $68.7m | $80.0m | — | |
| Pre-Tax Income | $85.5m | $38.8m | $45.4m | $68.7m | $80.0m | $85.4m | |
| Income tax expense | $1.3m | $6.5m | ($2.0m) | $17.8m | $19.5m | $20.9m | |
| Current Income Tax Expense (Benefit) | — | — | $2.8m | $7.4m | $11.0m | $20.9m | |
| Net loss on loan servicing assets | — | ($10.1m) | ($4.3m) | ($12.7m) | ($16.7m) | — | |
| Net Income From Continuing And Discontinued Operation | $84.1m | $32.3m | $47.3m | $50.9m | $60.5m | $64.5m | |
| Net income available to common shareholders | $84.1m | $32.3m | $45.9m | $49.3m | $58.2m | $61.5m | |
| Preferred Stock Dividends | — | — | $1.5m | $1.6m | $2.3m | $3.0m | |
| Basic (in dollars per share) | $3.69 | $1.34 | $1.89 | $1.97 | $2.21 | — | |
| Diluted (in dollars per share) | $3.69 | $1.34 | $1.88 | $1.96 | $2.18 | — | |
| Earnings Per Share, Basic | $3.69 | $1.34 | $1.89 | $1.97 | $2.21 | $2.28 | |
| Earnings Per Share, Diluted | $3.69 | $1.34 | $1.88 | $1.96 | $2.18 | $2.26 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $2.67 | $0.18 | $0.38 | $0.76 | — | |
| Preferred Stock, Dividends Per Share, Declared | $3.69 | $1.34 | $12.27 | $80.00 | $70.69 | $2,998,000.00 | |
| Basic Average Shares | — | $24.2m | $24.3m | $24.9m | $26.3m | $27.2m | |
| Diluted Average Shares | — | $24.2m | $24.3m | $25.2m | $26.7m | $27.5m | |
| Weighted Average Number of Shares Outstanding, Basic | — | 24.2m | 24.3m | 24.9m | 26.3m | 27.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | — | 24.2m | 24.3m | 25.2m | 26.7m | 27.5m | |
| Additional Financial Items | |||||||
| Debt securities available-for-sale | $4 | $1 | $1.5m | $1.5m | $924k | — | |
| Loans and fees on loans | $26.0m | $35.7m | $84.0m | $110.9m | $146.3m | — | |
| Other interest earning assets | $0 | $0 | $8.9m | $9.0m | $11.2m | — | |
| Deposits | $0 | $0 | $15.8m | $28.7m | $41.9m | — | |
| Provision for credit losses | $0 | $0 | $11.7m | $26.2m | $38.7m | — | |
| Dividend income | $9.9m | $24.7m | $1.8m | $1.5m | $3.2m | $2.0m | |
| Servicing income | $11.3m | $13.7m | $18.3m | $20.1m | $22.9m | — | |
| Net gain on residuals in securitizations | — | — | $0 | $0 | $30.0m | — | |
| Net gain on loans under the fair value option | $11.5m | ($26.5m) | $18.0m | $5.2m | $61.2m | — | |
| Technology and IT support income | $0 | $0 | $24.9m | $19.6m | $0 | — | |
| Electronic payment processing income | $0 | $0 | $42.9m | $46.0m | $43.8m | — | |
| Depreciation and amortization | $304k | $239k | $2.9m | $1.8m | $668k | $2.6m | |
| Loss on extinguishment of debt | $1.6m | $417k | $271k | $0 | $179k | $179k | |
| Dividends to preferred shareholders | $0 | $0 | ($1.5m) | ($1.6m) | ($2.3m) | — | |
| Average Dilution Earnings | — | $0 | $0 | $0 | — | $0 | |
| Depreciation Amortization Depletion Income Statement | $304k | $239k | $2.9m | $1.8m | $668k | $2.6m | |
| Depreciation Income Statement | $304k | $239k | — | — | — | $2.6m | |
| Diluted EPS | $3.69 | $1.34 | $1.88 | $1.96 | $2.18 | $2.26 | |
| Diluted NI Availto Com Stockholders | $84.1m | $32.3m | $45.9m | $49.3m | $58.2m | $61.5m | |
| Normalized Income | — | $32.7m | $47.5m | $50.9m | $60.6m | $64.7m | |
| Other Gand A | $7.5m | $7.7m | $22.4m | $21.3m | $28.6m | — | |
| Reconciled Depreciation | $304k | $239k | $2.9m | $1.8m | $668k | $2.6m | |
| Salaries And Wages | $17.9m | $20.2m | $65.7m | $77.9m | $84.8m | $86.5m | |
| Selling General And Administration | — | $27.9m | $88.1m | $99.2m | $113.4m | — | |
| Special Income Charges | — | ($417k) | ($271k) | $0 | ($179k) | ($179k) | |
| Tax Effect Of Unusual Items | — | ($70k) | ($57k) | $0 | ($44k) | ($44k) | |
| Tax Provision | $1.3m | $6.5m | ($2.0m) | $17.8m | $19.5m | $20.9m | |
| Tax Rate For Calcs | — | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) Attributable to Parent, before Tax | $85.5m | $38.8m | $45.4m | $68.7m | $80.0m | — | |
| Technology services expense | $0 | $0 | $14.3m | $12.3m | $0 | — | |
| Electronic payment processing expense | $0 | $0 | $18.3m | $19.9m | $17.8m | — | |
| Professional services expense | $5.6m | $7.1m | $13.1m | $15.8m | $15.5m | — | |
| Other loan origination and maintenance expense | $29.5m | $30.7m | $9.4m | $13.8m | $18.6m | — | |
| Operating Expense | $62.3m | $66.4m | — | — | — | — | |
| Total Unusual Items | — | ($417k) | ($271k) | $0 | ($179k) | ($179k) |