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NewtekOne (STU:1N31) Credit Losses Provision : €33.2 Mil (As of Mar. 2025)


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What is NewtekOne Credit Losses Provision?

NewtekOne's credit losses provision for the three months ended in Mar. 2025 was €12.5 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2025 was €33.2 Mil.

NewtekOne's quarterly credit losses provision increased from Sep. 2024 (€6.2 Mil) to Dec. 2024 (€9.0 Mil) and increased from Dec. 2024 (€9.0 Mil) to Mar. 2025 (€12.5 Mil).

NewtekOne's annual credit losses provision increased from Dec. 2022 (€0.0 Mil) to Dec. 2023 (€10.7 Mil) and increased from Dec. 2023 (€10.7 Mil) to Dec. 2024 (€25.0 Mil).

NewtekOne Credit Losses Provision Historical Data

The historical data trend for NewtekOne's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NewtekOne Credit Losses Provision Chart

NewtekOne Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.73 25.04

NewtekOne Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.69 5.39 6.24 9.05 12.49

NewtekOne Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €33.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NewtekOne Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (STU:1N31) » Definitions » Credit Losses Provision
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Traded in Other Exchanges
NEWT:USA 0K7X:UK 1N31:Germany
Address
4800 T Rex Avenue, Suite 120, Boca Raton, FL, USA, 33431
Website
https://www.newtekone.com
NewtekOne Inc is a financial holding company engaged in providing financial solutions to its Client Base. It is an internally managed non-diversified closed-end management investment company. It has four reportable segments Banking, Alternative Lending, Technology, NSBF, and Payments.

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