NewtekOne (NEWT) Operating Expenses (2021 - 2023)
NewtekOne (NEWT) has disclosed Operating Expenses for 3 consecutive years, with $38.2 million as the latest value for Q4 2023.
- Quarterly Operating Expenses rose 95.18% to $38.2 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $146.3 million through Dec 2023, up 120.39% year-over-year, with the annual reading at $166.1 million for FY2025, 2.08% up from the prior year.
- Operating Expenses for Q4 2023 was $38.2 million at NewtekOne, up from $31.3 million in the prior quarter.
- The five-year high for Operating Expenses was $39.0 million in Q1 2023, with the low at $2.6 million in Q4 2021.
- Average Operating Expenses over 3 years is $23.4 million, with a median of $19.3 million recorded in 2021.
- Peak annual rise in Operating Expenses hit 640.39% in 2022, while the deepest fall reached 13.85% in 2022.
- Over 3 years, Operating Expenses stood at $2.6 million in 2021, then skyrocketed by 640.39% to $19.6 million in 2022, then soared by 95.18% to $38.2 million in 2023.
- According to Business Quant data, Operating Expenses over the past three periods came in at $38.2 million, $31.3 million, and $37.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.