newti: the income statement

MyFinsight

NewtekOne, Inc. (NEWTI)

For the quarter ending 2025-06-30, NEWTI made $108,909K in revenue. $13,303K in net income. Net profit margin of 12.21%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

	2025-06-30
Income tax expense	5,069
Other noninterest income	7,007
Dividend income	600
Net gains on sales of loans	15,526
Servicing income	6,054
Technology and it support income	-
Net gain (loss) on loans under the fair value option	-11,761
Net loss on loan servicing assets	-4,355
Net gain on residuals in securitizations	31,465
Electronic payment processing income	11,739
Total noninterest income	56,275
Professional services expense	4,304
Other general and administrative costs	6,881
Salaries and employee benefits expense	23,135
Technology services expense	-
Depreciation and amortization	274
Other loan origination and maintenance expense	3,287
Electronic payment processing expense	4,428
Total noninterest expense	42,309
Provision for credit losses	9,117
Other interest earning assets	2,950
Debt securities available-for-sale	214
Loans and fees on loans	33,354
Total interest income	36,518
Deposits	9,357
Interest expense-Notes And Securitization Trusts	10,908
Interest expense-Bank And Federal Home Loan Bank Borrowings	2,330
Total interest expense	22,595
Net interest income	13,923
Net interest income after provision for credit losses	4,806
Net income before taxes	18,772
Net income	13,703
Dividends to preferred shareholders	400
Net income available to common shareholders	13,303

Basic (in dollars per share)	0.53
Diluted (in dollars per share)	0.52
Total weighted-average diluted shares outstanding (in shares)	25,648,000
Weighted-average basic shares outstanding (in shares)	25,167,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS)