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NewtekOne (NEWT) Restructuring Costs: 2021-2023

Historic Restructuring Costs for NewtekOne (NEWT) over the last 2 years, with Dec 2023 value amounting to $8.5 million.

  • NewtekOne's Restructuring Costs rose 315.92% to $8.5 million in Q4 2023 from the same period last year, while for Dec 2023 it was $22.4 million, marking a year-over-year increase of 191.37%. This contributed to the annual value of $21.3 million for FY2024, which is 4.85% down from last year.
  • As of Q4 2023, NewtekOne's Restructuring Costs stood at $8.5 million, which was up 98.54% from $4.3 million recorded in Q3 2023.
  • Over the past 5 years, NewtekOne's Restructuring Costs peaked at $8.5 million during Q4 2023, and registered a low of $1.8 million during Q1 2022.
  • In the last 3 years, NewtekOne's Restructuring Costs had a median value of $2.2 million in 2021 and averaged $3.4 million.
  • Its Restructuring Costs has fluctuated over the past 5 years, first declined by 21.49% in 2022, then spiked by 315.92% in 2023.
  • NewtekOne's Restructuring Costs (Quarterly) stood at $1.8 million in 2021, then climbed by 14.68% to $2.1 million in 2022, then spiked by 315.92% to $8.5 million in 2023.
  • Its Restructuring Costs was $8.5 million in Q4 2023, compared to $4.3 million in Q3 2023 and $4.9 million in Q2 2023.