NewtekOne (NEWT) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

NewtekOne

NasdaqGM•Financial Services•Banks - Regional

$12.44+0.13(0.01%)Market closed

Market Cap

$329.51M

P/E

5.0x

P/S

1.1x

P/B

0.8x

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including the United States small business administration loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based point of sale systems for various restaurants, retail, assisted living, taxi cabs, parks, and golf course businesses. In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners, as well as inbound and outbound calling services. The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023. NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

How this company scores

WeakMetricSide Score: 43/100

Grade capped at D — Interest coverage below 1× (-1.2x) — earnings cannot cover interest. Strongest: Growth (18/25); weakest: Cash & Earnings Quality (0/25).

Profitability14/25

Growth18/25

Balance Sheet & Red Flags11/25

Cash & Earnings Quality0/25

Strengths

High ROERising earningsProfit converts from growthImproving leverage

Grade capped at D

Interest coverage below 1× (-1.2x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 5.0x5y range 4.7x – 7.8x

Currently near its 14-quarter median.

P/S · 1.1x5y range 1.0x – 2.1x

Currently near its 14-quarter median.

P/B · 0.8x5y range 0.7x – 1.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 8 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $329.51M

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $294.31M
Q. Revenue: $75.08M
TTM EBITDA: $-143.76M
TTM Op. Income: $-144.30M
Q. Op. Income: $-40.97M
TTM Net Income: $65.45M
Q. Net Income: $14.61M
EPS: $0.48
Shares Out.: $28.50M

$294.31M in TTM revenue grew 7.1% YoY, reaching $75.08M last quarter. TTM EBITDA of $-143.76M and TTM operating income of $-144.30M show growth is flowing through to the bottom line. TTM net income of $65.45M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: -54.2%
Op. Margin: -54.6%
Net Margin: 19.5%

Op. margin of -54.6% is down 1.1% YoY — costs are rising relative to revenue. Net margin at 19.5% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 5.0x
P/S Ratio: 1.1x
P/B Ratio: 0.8x

At 5.0x P/E, the stock trades below typical market levels. P/S of 1.1x and P/B of 0.8x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 5% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.18B
Cash: $395.01M
Long-Term Debt: $554.19M
Book Value: $413.37M
D/E Ratio: 1.3
Debt/EBITDA: N/A

With $3.18B in assets and $554.19M in long-term debt, D/E is 1.3and book value is $413.37M — moderate leverage. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-163.31M
TTM Free Cash Flow: $-739.57M
FCF Margin: -251.3%
FCF / Net Income: -11.3

TTM FCF of $-739.57M on $-163.31M in operating cash flow. The FCF / Net Income ratio of -11.3x means the business consumes cash — it is not yet self-funding. Over the past year, free cash flow is down 96% — an improving trend.