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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.
  • NewtekOne's Operating Expenses amounted to $38.2 million in Q4 2023, which was up 22.00% from $31.3 million recorded in Q3 2023.
  • NewtekOne's 5-year Operating Expenses high stood at $39.0 million for Q1 2023, and its period low was $2.6 million during Q4 2021.
  • For the 3-year period, NewtekOne's Operating Expenses averaged around $23.4 million, with its median value being $19.3 million (2021).
  • Over the last 5 years, NewtekOne's Operating Expenses had its largest YoY gain of 640.39% in 2022, and its largest YoY loss of 13.85% in 2022.
  • Over the past 3 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 stands at $38.2 million for Q4 2023, versus $31.3 million for Q3 2023 and $37.8 million for Q2 2023.