NewtekOne (NEWT) Interest Expenses (2021 - 2023)

NewtekOne (NEWT) has disclosed Interest Expenses for 3 consecutive years, with $18.1 million as the latest value for Q4 2023.

  • Quarterly Interest Expenses rose 102.72% to $18.1 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $67.7 million through Dec 2023, up 211.24% year-over-year, with the annual reading at $98.5 million for FY2025, 21.47% up from the prior year.
  • Interest Expenses for Q4 2023 was $18.1 million at NewtekOne, down from $18.7 million in the prior quarter.
  • The five-year high for Interest Expenses was $18.7 million in Q3 2023, with the low at $106000.0 in Q1 2022.
  • Average Interest Expenses over 3 years is $10.0 million, with a median of $7.9 million recorded in 2022.
  • The sharpest move saw Interest Expenses soared 33.61% in 2022, then skyrocketed 13232.08% in 2023.
  • Over 3 years, Interest Expenses stood at $5.3 million in 2021, then surged by 68.23% to $8.9 million in 2022, then surged by 102.72% to $18.1 million in 2023.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $18.1 million, $18.7 million, and $16.9 million for Q4 2023, Q3 2023, and Q2 2023 respectively.