NewtekOne, Inc. (NEWT) - Net Assets
Based on the latest financial reports, NewtekOne, Inc. (NEWT) has net assets worth $404.69 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.89 Billion) and total liabilities ($2.48 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NEWT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $404.69 Million |
| % of Total Assets | 14.02% |
| Annual Growth Rate | 13.66% |
| 5-Year Change | -1.56% |
| 10-Year Change | 90.14% |
| Growth Volatility | 34.09 |
NewtekOne, Inc. - Net Assets Trend (1999–2025)
This chart illustrates how NewtekOne, Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore NEWT asset base for the complete picture of this company's asset base.
Annual Net Assets for NewtekOne, Inc. (1999–2025)
The table below shows the annual net assets of NewtekOne, Inc. from 1999 to 2025. For live valuation and market cap data, see market cap of NewtekOne, Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $397.57 Million | +34.19% |
| 2024-12-31 | $296.28 Million | +18.97% |
| 2023-12-31 | $249.05 Million | -33.65% |
| 2022-12-31 | $375.36 Million | -7.06% |
| 2021-12-31 | $403.89 Million | +19.02% |
| 2020-12-31 | $339.35 Million | +5.32% |
| 2019-12-31 | $322.23 Million | +12.10% |
| 2018-12-31 | $287.44 Million | +3.28% |
| 2017-12-31 | $278.33 Million | +33.11% |
| 2016-12-31 | $209.09 Million | +2.52% |
| 2015-12-31 | $203.95 Million | +22.55% |
| 2014-12-31 | $166.42 Million | +116.10% |
| 2013-12-31 | $77.01 Million | +11.77% |
| 2012-12-31 | $68.90 Million | +16.48% |
| 2011-12-31 | $59.15 Million | +6.40% |
| 2010-12-31 | $55.59 Million | +2.90% |
| 2009-12-31 | $54.03 Million | -3.66% |
| 2008-12-31 | $56.08 Million | -31.44% |
| 2007-12-31 | $81.80 Million | +35.87% |
| 2006-12-31 | $60.20 Million | -27.02% |
| 2005-12-31 | $82.49 Million | -0.39% |
| 2004-12-31 | $82.82 Million | +70.26% |
| 2003-12-31 | $48.64 Million | +52.26% |
| 2002-12-31 | $31.95 Million | +93.92% |
| 2001-12-31 | $16.47 Million | +19.50% |
| 2000-12-31 | $13.79 Million | -3.24% |
| 1999-12-31 | $14.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NewtekOne, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9499000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $94.99 Million | 23.89% |
| Common Stock | $573.00K | 0.14% |
| Other Comprehensive Income | $-4.00K | 0.00% |
| Other Components | $302.01 Million | 75.96% |
| Total Equity | $397.57 Million | 100.00% |
NewtekOne, Inc. Competitors by Market Cap
The table below lists competitors of NewtekOne, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastern Pioneer Auto Driving S
SHG:603377
|
$370.60 Million |
|
W-SCOPE CHUNGJU PLANT LTD (PROPOSE
KQ:393890
|
$370.63 Million |
|
IGB Commercial Real Estate Investment Trust Unit
KLSE:5299
|
$370.81 Million |
|
Thessaloniki Port Authority SA
AT:OLTH
|
$370.94 Million |
|
Jiangsu Nanfang Medical
SHG:603880
|
$370.51 Million |
|
Wireless Power Amplifier Module Inc
KQ:332570
|
$370.34 Million |
|
Pioneer Bancorp Inc
NASDAQ:PBFS
|
$370.25 Million |
|
Hanssem
KO:009240
|
$370.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NewtekOne, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 296,282,000 to 397,570,000, a change of 101,288,000 (34.2%).
- Net income of 60,512,000 contributed positively to equity growth.
- Dividend payments of 28,044,000 reduced retained earnings.
- Share repurchases of 1,491,000 reduced equity.
- New share issuances of 53,272,000 increased equity.
- Other comprehensive income increased equity by 17,000.
- Other factors increased equity by 17,022,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $60.51 Million | +15.22% |
| Dividends Paid | $28.04 Million | -7.05% |
| Share Repurchases | $1.49 Million | -0.38% |
| Share Issuances | $53.27 Million | +13.4% |
| Other Comprehensive Income | $17.00K | +0.0% |
| Other Changes | $17.02 Million | +4.28% |
| Total Change | $- | 34.19% |
Book Value vs Market Value Analysis
This analysis compares NewtekOne, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.86x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.88x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $2.28 | $13.38 | x |
| 2000-12-31 | $2.40 | $13.38 | x |
| 2001-12-31 | $2.60 | $13.38 | x |
| 2002-12-31 | $5.59 | $13.38 | x |
| 2003-12-31 | $7.69 | $13.38 | x |
| 2004-12-31 | $12.69 | $13.38 | x |
| 2005-12-31 | $12.77 | $13.38 | x |
| 2006-12-31 | $7.97 | $13.38 | x |
| 2007-12-31 | $7.90 | $13.38 | x |
| 2008-12-31 | $7.52 | $13.38 | x |
| 2009-12-31 | $7.35 | $13.38 | x |
| 2010-12-31 | $7.58 | $13.38 | x |
| 2011-12-31 | $8.04 | $13.38 | x |
| 2012-12-31 | $9.10 | $13.38 | x |
| 2013-12-31 | $9.94 | $13.38 | x |
| 2014-12-31 | $15.45 | $13.38 | x |
| 2015-12-31 | $18.94 | $13.38 | x |
| 2016-12-31 | $14.38 | $13.38 | x |
| 2017-12-31 | $16.06 | $13.38 | x |
| 2018-12-31 | $15.36 | $13.38 | x |
| 2019-12-31 | $16.67 | $13.38 | x |
| 2020-12-31 | $16.05 | $13.38 | x |
| 2021-12-31 | $17.72 | $13.38 | x |
| 2022-12-31 | $15.51 | $13.38 | x |
| 2023-12-31 | $10.23 | $13.38 | x |
| 2024-12-31 | $11.76 | $13.38 | x |
| 2025-12-31 | $15.50 | $13.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NewtekOne, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.78%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 6.90x
- Recent ROE (15.22%) is above the historical average (9.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 65.30% | 45.66% | 0.22x | 6.58x | $4.59 Million |
| 2000 | -36.95% | -39.32% | 0.10x | 9.01x | $-4.35 Million |
| 2001 | 8.16% | 3.89% | 0.29x | 7.32x | $-209.20K |
| 2002 | 30.06% | 23.59% | 0.20x | 6.22x | $5.45 Million |
| 2003 | 23.77% | 15.82% | 0.31x | 4.78x | $5.54 Million |
| 2004 | 13.77% | 15.13% | 0.31x | 2.96x | $2.91 Million |
| 2005 | 8.83% | 8.06% | 0.36x | 3.03x | $-1.03 Million |
| 2006 | -3.81% | -2.40% | 0.37x | 4.33x | $-7.68 Million |
| 2007 | -19.83% | -14.24% | 0.36x | 3.85x | $-16.88 Million |
| 2008 | -19.46% | -11.89% | 0.52x | 3.15x | $-15.84 Million |
| 2009 | -0.82% | -0.45% | 0.71x | 2.60x | $-5.67 Million |
| 2010 | 2.65% | 1.29% | 0.68x | 3.04x | $-3.99 Million |
| 2011 | 5.75% | 2.87% | 0.90x | 2.24x | $-2.46 Million |
| 2012 | 8.44% | 4.30% | 0.86x | 2.28x | $-1.04 Million |
| 2013 | 9.99% | 5.51% | 0.69x | 2.64x | $-6.40K |
| 2014 | 2.39% | 3.05% | 0.43x | 1.81x | $-12.67 Million |
| 2015 | 17.52% | 137.08% | 0.07x | 1.73x | $15.34 Million |
| 2016 | 13.06% | 88.18% | 0.08x | 1.92x | $6.40 Million |
| 2017 | 14.00% | 100.16% | 0.07x | 1.87x | $11.14 Million |
| 2018 | 12.41% | 72.05% | 0.08x | 2.27x | $6.93 Million |
| 2019 | 12.77% | 46.33% | 0.11x | 2.47x | $8.91 Million |
| 2020 | 9.91% | 36.21% | 0.11x | 2.48x | $-316.30K |
| 2021 | 20.83% | 50.00% | 0.16x | 2.62x | $43.75 Million |
| 2022 | 8.61% | 24.57% | 0.13x | 2.66x | $-5.22 Million |
| 2023 | 19.00% | 18.72% | 0.18x | 5.74x | $22.42 Million |
| 2024 | 17.16% | 15.95% | 0.15x | 6.95x | $21.22 Million |
| 2025 | 15.22% | 18.78% | 0.12x | 6.90x | $20.75 Million |
Industry Comparison
This section compares NewtekOne, Inc.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $631,896,900
- Average return on equity (ROE) among peers: 10.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NewtekOne, Inc. (NEWT) | $404.69 Million | 65.30% | 6.13x | $370.55 Million |
| Ameris Bancorp (ABCB) | $71.80 Million | 9.61% | 9.10x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $178.73 Million | 12.38% | 10.46x | $5.70 Billion |
| ACNB Corporation (ACNB) | $110.02 Million | 9.35% | 8.91x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $127.02 Million | 6.56% | 5.94x | $136.89 Million |
| Alerus Financial Corp (ALRS) | $285.73 Million | 10.34% | 7.25x | $674.96 Million |
| Amalgamated Bank (AMAL) | $508.95 Million | 16.01% | 14.41x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $705.73 Million | 8.97% | 11.93x | $942.26 Million |
| Arrow Financial Corporation (AROW) | $58.40 Million | 19.35% | 11.78x | $608.60 Million |
| Associated Banc-Corp (ASB) | $4.17 Billion | 4.38% | 8.83x | $5.27 Billion |
| AmeriServ Financial Inc (ASRV) | $98.61 Million | 6.11% | 10.88x | $61.92 Million |
About NewtekOne, Inc.
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, commerci… Read more