NewtekOne (NEWT) Operating Expenses: 2021-2023

Historic Operating Expenses for NewtekOne (NEWT) over the last 2 years, with Dec 2023 value amounting to $38.2 million.

  • NewtekOne's Operating Expenses rose 95.18% to $38.2 million in Q4 2023 from the same period last year, while for Dec 2023 it was $146.3 million, marking a year-over-year increase of 120.39%. This contributed to the annual value of $162.7 million for FY2024, which is 11.19% up from last year.
  • According to the latest figures from Q4 2023, NewtekOne's Operating Expenses is $38.2 million, which was up 22.00% from $31.3 million recorded in Q3 2023.
  • Over the past 5 years, NewtekOne's Operating Expenses peaked at $39.0 million during Q1 2023, and registered a low of $2.6 million during Q4 2021.
  • Its 3-year average for Operating Expenses is $23.4 million, with a median of $19.3 million in 2021.
  • Data for NewtekOne's Operating Expenses shows a peak YoY increase of 640.39% (in 2022) and a maximum YoY decrease of 13.85% (in 2022) over the last 5 years.
  • NewtekOne's Operating Expenses (Quarterly) stood at $2.6 million in 2021, then surged by 640.39% to $19.6 million in 2022, then spiked by 95.18% to $38.2 million in 2023.
  • Its Operating Expenses was $38.2 million in Q4 2023, compared to $31.3 million in Q3 2023 and $37.8 million in Q2 2023.