← NewtekOne, Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Accounts Receivable | — | — | $74.6m | $54.3m | $38.7m | |
| Cash And Cash Equivalents | — | $53.7m | $153.1m | $353.1m | $283.8m | |
| Other Receivables | — | — | $62.2m | $52.5m | $438k | |
| Other Short Term Investments | — | $0 | $1.4m | — | — | |
| Settlement receivable | — | $0 | $62.2m | $52.5m | $438k | |
| Total cash and cash equivalents | — | $125.6m | $184.0m | $381.4m | $310.3m | |
| Goodwill | — | $0 | $25.9m | $14.1m | $14.1m | |
| Goodwill And Other Intangible Assets | — | $0 | $30.1m | $14.8m | $14.6m | |
| Other Intangible Assets | — | — | $4.2m | $667k | $512k | |
| Goodwill and intangibles | — | $0 | $30.1m | $14.8m | $14.6m | |
| Operating Lease, Right-of-Use Asset | — | $6.5m | — | $5.7m | $2.8m | |
| Right of use assets | — | $6.5m | $5.7m | $5.7m | $2.8m | |
| Other assets | — | $28.5m | $56.1m | $60.6m | $95.3m | |
| Additional Financial Items | ||||||
| Available For Sale Securities | — | $1.4m | $728k | $778k | $76.7m | |
| Capital Lease Obligations | — | $8.0m | $7.0m | $6.5m | $2.9m | |
| Cash Financial | — | $53.7m | $15.4m | $6.9m | $4.2m | |
| Current Accrued Expenses | — | — | $1.3m | $332k | $295k | |
| Current Debt | — | $93.8m | $61.3m | $98.2m | $218.5m | |
| Current Debt And Capital Lease Obligation | — | $93.8m | $61.3m | $98.2m | $218.5m | |
| Current Notes Payable | — | $37.9m | $38.1m | $0 | $0 | |
| Derivative Product Liabilities | $183k | $0 | — | — | — | |
| Gross PPE | — | $6.5m | $5.7m | $5.7m | $2.8m | |
| Invested Capital | — | $914.7m | $873.4m | $984.6m | $1.2b | |
| Investmentin Financial Assets | $758.8m | $808.0m | — | — | — | |
| Investments And Advances | — | $283.6m | $43.0m | $57.7m | $124.4m | |
| Line Of Credit | — | $55.9m | $23.1m | $98.2m | $218.5m | |
| Long Term Capital Lease Obligation | — | $8.0m | $7.0m | $6.5m | $2.9m | |
| Long Term Equity Investment | — | $282.2m | $40.9m | $57.7m | $47.7m | |
| Long Term Provisions | — | — | $3.1m | $3.6m | $3.7m | |
| Net Debt | — | $485.6m | $491.0m | $354.9m | $536.1m | |
| Net PPE | — | $6.5m | $5.7m | $5.7m | $2.8m | |
| Net Tangible Assets | — | $375.4m | $218.9m | $281.5m | $383.0m | |
| Non Current Deferred Liabilities | — | $19.2m | — | $2.2m | $10.7m | |
| Ordinary Shares Number | — | $24.6m | $24.7m | $26.3m | $28.7m | |
| Other Payable | $147.8m | $36.9m | $5.1m | $5.7m | — | |
| Other Properties | — | $6.5m | $5.7m | $5.7m | $2.8m | |
| Share Issued | — | $24.6m | $24.7m | $26.3m | $28.7m | |
| Tangible Book Value | — | $375.4m | $199.2m | $261.8m | $334.8m | |
| Cash and due from banks | — | $53.7m | $15.4m | $6.9m | $4.2m | |
| Restricted cash (amounts related to VIEs of $6.3 million and $6.3 million, respectively) | — | $71.9m | $30.9m | $28.2m | $26.5m | |
| Interest bearing deposits in banks | — | $0 | $137.7m | $346.2m | $279.6m | |
| Debt securities available-for-sale, at fair value | — | $0 | $32.2m | $23.9m | $16.8m | |
| Loans held for sale, at fair value | — | $19.2m | $118.9m | $372.3m | $971.8m | |
| Loans held for sale, at LCM | — | $0 | $56.6m | $58.8m | $26.5m | |
| Loans held for investment, at fair value | — | $505.3m | $469.8m | $369.7m | $281.2m | |
| Loans held for investment, at amortized cost, net of deferred fees and costs | — | $0 | $336.3m | $621.7m | $896.7m | |
| Allowance for credit losses | — | $0 | ($12.6m) | ($30.2m) | ($45.2m) | |
| Loans held for investment, at amortized cost, net | — | $0 | $323.7m | $591.4m | $851.5m | |
| Federal Home Loan Bank and Federal Reserve Bank stock | — | $0 | $3.6m | $3.6m | $4.2m | |
| Residuals in securitizations, at fair value | — | — | — | $0 | $76.7m | |
| Investments | — | $308.0m | $83.2m | $173.0m | $47.7m | |
| Servicing assets, at fair value | — | — | $29.3m | $22.1m | $15.4m | |
| Servicing assets, at LCM | — | — | $10.4m | $24.2m | $29.6m | |
| Assets held for sale | — | — | $0 | $21.3m | $0 | |
| Noninterest-bearing | — | $0 | $10.1m | $11.1m | $53.9m | |
| Interest-bearing | — | $0 | $453.5m | $961.9m | $1.4b | |
| Borrowings (including borrowings of VIEs of $127.1 million and $186.6 million, respectively) | — | $539.3m | $644.1m | $708.0m | $819.9m | |
| Lease liabilities | — | $8.0m | $7.0m | $6.5m | $2.9m | |
| Due to participants | — | $35.6m | $23.8m | $21.5m | $52.4m | |
| Liabilities directly associated with assets held for sale | — | — | $0 | $6.2m | $0 | |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | $758.8m | $808.0m | — | — | — | |
| Total Capitalization | — | $820.9m | $831.9m | $906.1m | $999.0m | |
| Total Debt | — | $547.3m | $651.1m | $714.5m | $822.8m | |
| Total deposits | — | $0 | $463.5m | $973.1m | $1.4b | |
| Total shareholders' equity | — | $375.4m | $249.0m | $296.3m | $397.6m | |
| Assets | — | $998.9m | $1.5b | $2.1b | $2.7b | |
| Total Assets | — | $998.9m | $1.4b | $2.1b | $2.7b | |
| Total assets | — | $998.9m | $1.4b | $2.1b | $2.7b | |
| LIABILITIES AND EQUITY | ||||||
| Dividends Payable | — | $0 | $4.8m | $5.2m | $0 | |
| Accounts Payable | — | $21.4m | $7.9m | $9.2m | $9.4m | |
| Payables And Accrued Expenses | — | $35.6m | $41.4m | $38.5m | $65.9m | |
| Accounts payable, accrued expenses and other liabilities | — | $21.4m | $37.3m | $40.8m | $43.0m | |
| Deferred Income Tax Liabilities, Net | — | $19.2m | $0 | $2.2m | $10.7m | |
| Long-term Debt | — | $539.3m | $582.9m | $708.0m | $819.9m | |
| Long Term Debt And Capital Lease Obligation | — | $453.5m | $589.8m | $616.3m | $604.3m | |
| Non Current Deferred Taxes Liabilities | — | $19.2m | — | $2.2m | $10.7m | |
| Deferred Tax Liabilities, Net | — | $19.2m | $0 | $2.2m | $10.7m | |
| Liabilities | — | $623.5m | $1.2b | $1.8b | $2.3b | |
| Total Liabilities Net Minority Interest | — | $623.5m | $1.2b | $1.8b | $2.3b | |
| Total liabilities | — | $623.5m | $1.2b | $1.8b | $2.3b | |
| Stockholders’ equity: | ||||||
| Preferred Stock, Value, Issued | — | $0 | $492k | $19.7m | $573k | |
| Common Stock, Value, Issued | — | $492k | $492k | $526k | $573k | |
| Additional Paid in Capital | — | $354.2m | $199.4m | $218.3m | $253.8m | |
| Retained Earnings (Accumulated Deficit) | — | $20.6m | $16.1m | $57.8m | $95.0m | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | — | $0 | ($148k) | ($21k) | ($4k) | |
| Common Stock Equity | — | $375.4m | $229.3m | $276.5m | $349.4m | |
| Capital Stock | — | $492k | $20.2m | $20.3m | $48.8m | |
| Gains Losses Not Affecting Retained Earnings | — | $0 | ($148k) | ($21k) | ($4k) | |
| Preferred Stock | — | $0 | $19.7m | $19.7m | $48.2m | |
| Preferred Stock Equity | — | — | $19.7m | $19.7m | $48.2m | |
| Preferred stock | — | $0 | $19.7m | $19.7m | $48.2m | |
| Accumulated other comprehensive loss, net of income taxes | — | $0 | ($148k) | ($21k) | ($4k) | |
| Stockholders' Equity Attributable to Parent | — | $375.4m | $235.4m | $296.3m | $397.6m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | $0 | — | — | — | |
| Total Equity Gross Minority Interest | — | $375.4m | $249.0m | $296.3m | $397.6m | |
| Liabilities and Equity | — | $998.9m | $1.5b | $2.1b | $2.7b | |
| Total liabilities and shareholders' equity | — | $998.9m | $1.4b | $2.1b | $2.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.