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Capital Adequacy Tier - Tier 1 Ratio % is the ratio of a bank’s core tier 1 capital, which includes its equity capital and disclosed reserves, to its total risk-weighted assets. It is a key measure of a bank's financial strength and should not fall lower than 6% as per Basel III rules.
NewtekOne's Capital Adequacy Tier - Tier 1 Ratio % for the quarter that ended in Jun. 2023 was 12.70% , which is lower than 18.30% for the pervious quarter ended in Mar. 2023.
The historical rank and industry rank for NewtekOne's Capital Adequacy Tier - Tier 1 Ratio % or its related term are showing as below:
The historical data trend for NewtekOne's Capital Adequacy Tier - Tier 1 Ratio % 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.
For the Banks - Regional subindustry, NewtekOne's Capital Adequacy Tier - Tier 1 Ratio %, along with its competitors' market caps and Capital Adequacy Tier - Tier 1 Ratio % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Capital Adequacy Tier - Tier 1 Ratio % is calculated as
Capital Adequacy Tier - Tier 1 Ratio % | = | Tier 1 Capital | / | Total Risk Weighted Assets |
* 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 (NAS:NEWT) Capital Adequacy Tier - Tier 1 Ratio % Explanation
Tier 1 capital, or core capital, consists of a bank's common stock, retained earnings, accumulated other comprehensive income, noncumulative perpetual preferred stock and any regulatory adjustments to those accounts. The tier 1 capital ratio is the ratio of a bank’s core capital vs. its total risk-weighted assets (RWAs). The risk-weighted assets are calculated by multiplying the assets that the company holds by their corresponding weights for credit risk (the weight is usually developed by the central bank).
The tier 1 capital ratio is the basis for the Basel III international capital and liquidity standards. The standard is used to force banks to increase capital buffers and ensure they can withstand financial distress before they become insolvent. Basel III rules stipulate that the Tier 1 capital ratio has to be at least 6% and the equity component of Tier 1 capital has to have at least 4.5% of RWAs. A higher Tier 1 ratio suggests that the company has more capital to pay down deposits and is less likely to become insolvent.
Thank you for viewing the detailed overview of NewtekOne's Capital Adequacy Tier - Tier 1 Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Scott Price | officer: Chief Financial Officer | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Fernando Perez-hickman | director | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Halli Razon-feingold | director | 4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019 |
Nicolas Young | officer: Chief Risk Officer | 200 WEST CONGRESS STREET, LAFAYETTE LA 70501 |
Nicholas J Leger | officer: Chief Accounting Officer | 348 ALFRED STREET, NORTH BABYLON NY 11703 |
Christopher Towers | officer: Chief Accounting Officer | 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042 |
Gregory L Zink | director | 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042 |
Nilesh Joshi | officer: Chief Information Officer | 5617 W. MOLLY LANE, PHOENIX AZ 85083 |
Dean Choksi | officer: Treasurer | 212 WEST 35TH STREET, FLOOR 2, NEW YORK NY 10001 |
John Raven | officer: Chief Info. Security Officer | |
Richard J Salute | director | P O BOX 306, WOODBURY NY 11797 |
Michael Adam Schwartz | officer: Chief Legal Officer, Secretary | C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018 |
Barry Sloane | director, officer: CEO and President | |
Peter Mathison Downs | director | 1440 PINEACRES BLVD, BAY SHORE NY 11706 |
Salvatore Francis Mulia | director | 4 WHITNEY STREET EXTENSION, WESTPORT CT 06880 |
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