NewtekOne, Inc. (NEWT) 10-Year Financial Performance & Capital Metrics

NEWT • • Banking & Credit

Financial ServicesAsset ManagementWealth Management & Financial AdvisoryIndependent Advisory Platforms

AboutNewtekOne, Inc. is a financial holding company, which engages in the provision of business and financial solutions. Its brands include Newtek Bank, Newtek Lending, Newtek Payments, Newtek Insurance, Newtek Payroll, and Newtek Technology. The company was founded by Barry Sloane in 1998 and is headquartered in Boca Raton, FL.Show more

Net Interest Income $40M +51.3%
Total Revenue $319M +26.1%
Net Income $51M +7.4%
Return on Equity 18.65% +23.0%
Net Interest Margin 1.96% +5.0%
Efficiency Ratio 44.8% -11.5%
ROA 2.91% -25.2%
Equity / Assets 14.38% -17.4%
Book Value per Share 11.76 +15.0%
Tangible BV/Share 11.18 +24.3%
Debt/Equity 2.41 -7.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient operations: 44.8% efficiency ratio
✓Momentum leader: RS Rating 81 (top 19%)
✓Well capitalized: 14.4% equity/assets
✓Diversified revenue: 61.9% from non-interest income
✓Trading near 52-week high
✓Trading at only 1.2x book value

✗Weaknesses

✗High debt to equity ratio of 2.4x
✗Weak Piotroski F-Score: 2/9
✗Weak NIM of 2.0%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y9.38%

5Y29.14%

3Y23.74%

TTM-

Profit (Net Income) CAGR

10Y29.04%

5Y4.33%

3Y-15.45%

TTM29.21%

EPS CAGR

10Y18.14%

5Y-1.65%

3Y-19.01%

TTM32.35%

ROCE

10Y Avg1.75%

5Y Avg5.9%

3Y Avg5.43%

Latest7.34%

Peer Comparison

Independent Advisory Platforms

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GRANGrande Group Limited Class A Ordinary Shares	90.57M	4.55	28.44	-4.2%	37.32%	96.27%	0.72%	0.08
NEWTNewtekOne, Inc.	421.47M	14.59	7.44	26.12%	15.95%	15.33%		2.41
BCGBinah Capital Group, Inc.	40.01M	2.41	-7.53	2.83%	-3.22%	5.77%		23.41
EFTYETOILES CAPITAL GROUP CO., LTD	226.95M	15.02			33.75%	95.98%	0.68%	0.06
WTFWaton Financial Limited Ordinary Shares	172.21M	3.57		-25.93%	-160.68%	-101.81%	0.2%	0.04
FOFOHang Feng Technology Innovation Co., Ltd. Ordinary Shares	43.91M	6.39		16.02%	30.05%	96.1%	3.01%

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Net Interest Income+	-6.48M	-8.44M	-11.4M	-16.07M	-20.42M	46.92M	58.45M	12.29M	26.63M	40.3M
NII Growth %	-	-0.3%	-0.35%	-0.41%	-0.27%	3.3%	0.25%	-0.79%	1.17%	0.51%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	0	0	0	0	0	64.8M	78.97M	38.62M	94.37M	121.42M
Interest Expense	6.48M	8.44M	11.4M	16.07M	20.42M	17.88M	20.52M	26.32M	67.74M	81.11M
Loan Loss Provision	6.27M	6.79M	7.89M	5.02M	-6.12M	0	0	0	11.7M	26.22M
Non-Interest Income+	26.07M	30.96M	38.91M	49.52M	88.79M	28.04M	89.31M	92.88M	158.44M	197.43M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	26.07M	30.96M	38.91M	49.52M	88.79M	92.84M	168.28M	131.5M	252.82M	318.85M
Revenue Growth %	-0.8%	0.19%	0.26%	0.27%	0.79%	0.05%	0.81%	-0.22%	0.92%	0.26%
Non-Interest Expense	25.78M	31.79M	35.4M	40.94M	73.99M	42.34M	62.29M	66.39M	128M	142.83M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	-12.46M	-16.05M	-15.78M	-12.5M	14.32M	32.62M	85.47M	38.77M	45.37M	68.69M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	-1.86%	-0.29%	0.02%	0.21%	2.15%	1.28%	1.62%	-0.55%	0.17%	0.51%
Pretax Income+	36.59M	32.43M	41.16M	36.76M	44.3M	32.62M	85.47M	38.77M	45.37M	68.69M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	857K	5.13M	2.18M	1.08M	3.16M	-999K	1.33M	6.46M	-1.96M	17.84M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	35.74M	27.3M	38.98M	35.68M	41.13M	33.62M	84.14M	32.31M	47.33M	50.85M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	7.99%	-0.24%	0.43%	-0.08%	0.15%	-0.18%	1.5%	-0.62%	0.46%	0.07%
Net Income (Continuing)	35.74M	27.3M	38.98M	35.68M	41.13M	33.62M	84.14M	32.31M	47.33M	50.85M
EPS (Diluted)+	3.32	1.88	2.25	1.91	2.13	1.59	3.69	1.34	1.88	1.96
EPS Growth %	7.97%	-0.43%	0.2%	-0.15%	0.12%	-0.25%	1.32%	-0.64%	0.4%	0.04%
EPS (Basic)	3.32	1.88	2.25	1.91	2.13	1.59	3.69	1.34	1.89	1.97
Diluted Shares Outstanding	10.77M	14.54M	17.33M	18.71M	19.33M	21.15M	22.8M	24.2M	24.35M	25.19M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	4.31M	2.05M	2.46M	2.32M	1.76M	2.07M	2.4M	53.69M	153.09M	353.15M
Short Term Investments	35K	0	0	0	0	0	0	0	1000K	0
Total Investments+	267.77M	345.22M	456.69M	541.1M	659.04M	671.19M	758.78M	283.6M	937.44M	1.42B
Investments Growth %	0.14%	0.29%	0.32%	0.18%	0.22%	0.02%	0.13%	-0.63%	2.31%	0.51%
Long-Term Investments	267.73M	345.22M	456.69M	541.1M	659.04M	671.19M	758.78M	283.6M	936M	1.42B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	0	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	0	0	0	0	0	0	0	0	25.89M	14.09M
Intangible Assets	13.04M	16.25M	19.36M	21.36M	24.41M	26.06M	28.01M	30.27M	4.24M	667K
PP&E (Net)	0	0	0	0	7.99M	6.93M	7.31M	6.48M	5.7M	5.69M
Other Assets	9.3M	10.9M	12.22M	13.68M	16.07M	23.81M	24.31M	23.64M	161.11M	162.62M
Total Current Assets	62.35M	29.08M	31.34M	77.21M	89.89M	112.98M	242.54M	654.91M	291.35M	459.88M
Total Non-Current Assets	290.08M	372.37M	488.27M	576.13M	707.52M	728M	818.41M	343.99M	1.14B	1.6B
Total Assets+	352.43M	401.45M	519.61M	653.34M	797.41M	840.98M	1.06B	998.9M	1.43B	2.06B
Asset Growth %	0.17%	0.14%	0.29%	0.26%	0.22%	0.05%	0.26%	-0.05%	0.43%	0.44%
Return on Assets (ROA)	0.11%	0.07%	0.08%	0.06%	0.06%	0.04%	0.09%	0.03%	0.04%	0.03%
Accounts Payable	1.32M	1.74M	6.42M	3.1M	2.47M	3.6M	3.08M	13.4M	7.91M	9.22M
Total Debt+	133.95M	171.24M	216.25M	331.63M	441.82M	460.48M	481.11M	547.3M	651.07M	714.54M
Net Debt	129.64M	169.19M	213.79M	329.31M	440.06M	458.41M	478.71M	493.61M	497.99M	361.39M
Long-Term Debt	133.95M	166.14M	216.25M	296.93M	401.93M	451.78M	472.05M	483.44M	582.86M	609.8M
Short-Term Debt	0	5.1M	0	34.7M	30M	0	183K	55.88M	61.26M	98.24M
Other Liabilities	1.4M	10.96M	6.71M	14.63M	24.2M	29.77M	0	54.89M	55.74M	62.74M
Total Current Liabilities	12.47M	9.27M	10.15M	45.09M	39.16M	11.38M	10.94M	77.24M	534.91M	1.08B
Total Non-Current Liabilities	136.21M	183.09M	231.13M	320.8M	436.02M	490.25M	481.11M	546.3M	645.55M	681.29M
Total Liabilities	148.48M	192.36M	241.28M	365.9M	475.19M	501.63M	652.67M	623.54M	1.18B	1.76B
Total Equity+	203.95M	209.09M	278.33M	287.44M	322.23M	339.35M	403.89M	375.36M	249.05M	296.28M
Equity Growth %	0.23%	0.03%	0.33%	0.03%	0.12%	0.05%	0.19%	-0.07%	-0.34%	0.19%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.19%	0.13%	0.16%	0.13%	0.13%	0.1%	0.23%	0.08%	0.15%	0.19%
Book Value per Share	18.94	14.38	16.06	15.36	16.67	16.05	17.72	15.51	10.23	11.76
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	290K	293K	369K	379K	411K	439K	483K	492K	492K	526K
Additional Paid-in Capital	189.03M	188.47M	247.36M	254.5M	289.96M	316.63M	367.66M	354.24M	200.91M	218.27M
Retained Earnings	4.44M	8.09M	14.79M	32.57M	31.85M	22.29M	35.74M	20.62M	28.05M	57.77M
Accumulated OCI	0	0	0	0	0	0	0	0	-148K	-21K
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	19.74M	19.74M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-37.95M	-14.1M	-72.94M	-73.67M	-88.96M	17.76M	140.92M	-62.42M	-169.22M	-153.01M
Operating CF Growth %	-1.64%	0.63%	-4.17%	-0.01%	-0.21%	1.2%	6.93%	-1.44%	-1.71%	0.1%
Net Income	35.74M	27.3M	38.98M	35.68M	41.13M	33.62M	84.14M	32.31M	47.33M	50.85M
Depreciation & Amortization	326K	296K	402K	484K	501K	402K	304K	239K	0	1.78M
Deferred Taxes	825K	5.13M	2.18M	1.08M	3.16M	-999K	1.33M	0	-4.8M	10.4M
Other Non-Cash Items	-32.6M	-73.38M	-103.43M	-75.14M	-113.32M	-9.09M	-84.08M	-33.51M	-123.63M	-218.81M
Working Capital Changes	-42.24M	26.55M	-12.03M	-35.76M	-20.43M	-6.17M	139.23M	-61.46M	-88.12M	-1.3M
Cash from Investing+	302K	-375K	-446K	-627K	-126K	-10K	0	-11K	-172.24M	-209.05M
Purchase of Investments	0	0	0	0	0	0	0	0	0	-1.18B
Sale/Maturity of Investments	0	0	0	0	0	0	0	0	0	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	0	0	0	0	0	0	11.14M	0
Other Investing	407K	0	0	0	0	0	0	0	-182.92M	-63.37M
Cash from Financing+	24.14M	10.19M	71.02M	85.11M	90.94M	465K	-5.49M	1.18M	344.97M	560.9M
Dividends Paid	-24.31M	-27.3M	-28.2M	-32.43M	-40.77M	-42.58M	-70.14M	-64.54M	-14.15M	-441K
Share Repurchases	0	-866K	0	0	-93K	0	0	0	0	-402K
Stock Issued	35.29M	0	56.66M	5.2M	33.74M	25.57M	50.01M	2.02M	19.49M	13.82M
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Financing	1.08M	-2.71M	-2.33M	1.25M	-3.99M	-904K	-6.87M	-3.38M	-4.84M	482.63M
Net Change in Cash+	-13.51M	-4.28M	-2.36M	10.81M	1.86M	18.22M	135.44M	-61.25M	58.4M	197.37M
Exchange Rate Effect	0	0	0	0	0	0	0	0	1000K	-1000K
Cash at Beginning	17.81M	27.18M	22.9M	20.54M	31.35M	33.21M	51.42M	186.86M	125.61M	184.01M
Cash at End	4.31M	22.9M	20.54M	31.35M	33.21M	51.42M	186.86M	125.61M	184.01M	381.37M
Interest Paid	0	0	0	0	0	0	20.13M	0	66.47M	79.19M
Income Taxes Paid	0	0	0	0	0	0	0	0	6.88M	7.43M
Free Cash Flow+	-38.06M	-14.47M	-73.38M	-74.29M	-89.08M	17.75M	140.92M	-62.43M	-89.06M	-153.45M
FCF Growth %	-1.41%	0.62%	-4.07%	-0.01%	-0.2%	1.2%	6.94%	-1.44%	-0.43%	-0.72%

Banking Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	19.3%	13.22%	15.99%	12.61%	13.49%	10.16%	22.64%	8.29%	15.16%	18.65%
Return on Assets (ROA)	10.92%	7.24%	8.46%	6.08%	5.67%	4.1%	8.87%	3.14%	3.9%	2.91%
Net Interest Margin	-1.84%	-2.1%	-2.19%	-2.46%	-2.56%	5.58%	5.53%	1.23%	1.86%	1.96%
Efficiency Ratio	98.87%	102.65%	90.96%	82.68%	83.33%	45.61%	37.02%	50.49%	50.63%	44.8%
Equity / Assets	57.87%	52.08%	53.56%	44%	40.41%	40.35%	38.23%	37.58%	17.42%	14.38%
Book Value / Share	18.94	14.38	16.06	15.36	16.67	16.05	17.72	15.51	10.23	11.76
NII Growth	-	-30.27%	-35.04%	-40.97%	-27.11%	329.76%	24.57%	-78.97%	116.68%	51.33%
Dividend Payout	42.29%	99.98%	72.35%	90.9%	99.11%	126.66%	83.36%	199.76%	29.89%	0.87%

Frequently Asked Questions

Valuation & Price

NewtekOne, Inc. (NEWT) has a price-to-earnings (P/E) ratio of 7.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

NewtekOne, Inc. (NEWT) grew revenue by 26.1% over the past year. This is strong growth.

Yes, NewtekOne, Inc. (NEWT) is profitable, generating $59.3M in net income for fiscal year 2024 (15.9% net margin).

Dividend & Returns

Yes, NewtekOne, Inc. (NEWT) pays a dividend with a yield of 0.12%. This makes it attractive for income-focused investors.

NewtekOne, Inc. (NEWT) has a return on equity (ROE) of 18.7%. This is reasonable for most industries.

Industry Metrics

NewtekOne, Inc. (NEWT) has a net interest margin (NIM) of 2.0%. NIM has been under pressure due to interest rate environment.

NewtekOne, Inc. (NEWT) has an efficiency ratio of 44.8%. This is excellent, indicating strong cost control.

US Stock Screener

...