NEWT (NewtekOne) Tax Rate % : 22.86% (As of Dec. 2024)

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What is NewtekOne Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. NewtekOne's Tax Expense for the three months ended in Dec. 2024 was $5.4 Mil. NewtekOne's Pre-Tax Income for the three months ended in Dec. 2024 was $23.8 Mil. Therefore, NewtekOne's Tax Rate % for the quarter that ended in Dec. 2024 was 22.86%.

NewtekOne Tax Rate % Historical Data

The historical data trend for NewtekOne's Tax Rate % 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.

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NewtekOne Tax Rate % Chart

NewtekOne Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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-3.06

1.55

16.67

-4.31

25.97

NewtekOne Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															26.86	26.33	25.96	30.03	22.86

NewtekOne Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

NewtekOne's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	17.839	/	68.692
	=	25.97 %

NewtekOne's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	5.429	/	23.753
	=	22.86 %

NewtekOne Tax Rate % Related Terms

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NewtekOne Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NewtekOne Inc (NAS:NEWT) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

0K7X:UK 1N31:Germany 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.

Executives

Craig Jeffry Brunet	officer: Executive Vice-President	3 CHELSEA COURT, WESTPORT CT 06880
Barry Sloane	director, officer: CEO and President
Richard J Salute	director	P O BOX 306, WOODBURY NY 11797
Gregory L Zink	director	1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Peter Mathison Downs	director	1440 PINEACRES BLVD, BAY SHORE NY 11706
Salvatore Francis Mulia	director	4 WHITNEY STREET EXTENSION, WESTPORT CT 06880
Michael Scott Price	officer: Chief Financial Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young	officer: Chief Risk Officer	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman	director	200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicholas J Leger	officer: Chief Accounting Officer	348 ALFRED STREET, NORTH BABYLON NY 11703
Michael Adam Schwartz	officer: Chief Legal Officer, Secretary	C/O NEWTEK BUSINESS SERVICES INC, 462 SEVENTH AVENUE, 14TH FLOOR, NEW YORK NY 10018
Halli Razon-feingold	director	4800 T-REX AVENUE, SUITE 120, BOCA RATON FL 33019
Christopher Towers	officer: Chief Accounting Officer	1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Sam Kirschner	director	60 EAST 8TH STREET, #20K, NEW YORK NY 10003
Nilesh Joshi	officer: Chief Information Officer	5617 W. MOLLY LANE, PHOENIX AZ 85083