NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B
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
NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B (NEWTP) - Net Assets
Latest net assets as of December 2025: $397.57 Million USD
Based on the latest financial reports, NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B (NEWTP) has net assets worth $397.57 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.74 Billion) and total liabilities ($2.35 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $397.57 Million |
| % of Total Assets | 14.48% |
| Annual Growth Rate | 13.66% |
| 5-Year Change | -1.56% |
| 10-Year Change | 90.14% |
| Growth Volatility | 34.09 |
NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B - Net Assets Trend (1999–2025)
This chart illustrates how NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B (1999–2025)
The table below shows the annual net assets of NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B from 1999 to 2025.
| 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. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B'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. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B Competitors by Market Cap
The table below lists competitors of NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fundamenta Real Estate AG
SW:FREN
|
$599.18 Million |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
$599.23 Million |
|
Altarea SCA
PINK:ATRRF
|
$599.60 Million |
|
Chengdu Huaqi Houpu Holding Co Ltd
SHE:300471
|
$599.98 Million |
|
Italmobiliare S.p.A.
LSE:0RP4
|
$599.08 Million |
|
Clas Ohlson AB ser. B
LSE:0GQE
|
$599.03 Million |
|
Jiangmen iDear-Hanyu Electrical Joint-Stock Co Ltd
SHE:300403
|
$598.99 Million |
|
Guangdong Eastone Century Technology Co Ltd
SHE:300310
|
$598.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B'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 1,557,000 reduced equity.
- Other comprehensive income increased equity by 17,000.
- Other factors increased equity by 70,360,000.
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 | $1.56 Million | -0.39% |
| Other Comprehensive Income | $17.00K | +0.0% |
| Other Changes | $70.36 Million | +17.7% |
| Total Change | $- | 34.19% |
Book Value vs Market Value Analysis
This analysis compares NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B'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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.56x to 1.55x 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 | $24.05 | x |
| 2000-12-31 | $2.40 | $24.05 | x |
| 2001-12-31 | $2.60 | $24.05 | x |
| 2002-12-31 | $5.59 | $24.05 | x |
| 2003-12-31 | $7.69 | $24.05 | x |
| 2004-12-31 | $12.69 | $24.05 | x |
| 2005-12-31 | $12.77 | $24.05 | x |
| 2006-12-31 | $7.97 | $24.05 | x |
| 2007-12-31 | $7.90 | $24.05 | x |
| 2008-12-31 | $7.52 | $24.05 | x |
| 2009-12-31 | $7.35 | $24.05 | x |
| 2010-12-31 | $7.58 | $24.05 | x |
| 2011-12-31 | $8.04 | $24.05 | x |
| 2012-12-31 | $9.10 | $24.05 | x |
| 2013-12-31 | $9.94 | $24.05 | x |
| 2014-12-31 | $15.45 | $24.05 | x |
| 2015-12-31 | $18.94 | $24.05 | x |
| 2016-12-31 | $14.38 | $24.05 | x |
| 2017-12-31 | $16.06 | $24.05 | x |
| 2018-12-31 | $15.36 | $24.05 | x |
| 2019-12-31 | $16.67 | $24.05 | x |
| 2020-12-31 | $16.05 | $24.05 | x |
| 2021-12-31 | $17.72 | $24.05 | x |
| 2022-12-31 | $15.51 | $24.05 | x |
| 2023-12-31 | $10.23 | $24.05 | x |
| 2024-12-31 | $11.76 | $24.05 | x |
| 2025-12-31 | $15.50 | $24.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B 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% | 0.00% | 0.00x | 7.32x | $-209.20K |
| 2002 | 30.06% | 0.00% | 0.00x | 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. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NewtekOne, Inc. Depositary Shares, Non-Cumulative Perpetual Preferred Stock, Series B (NEWTP) | $397.57 Million | 65.30% | 5.90x | $599.17 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |