NewtekOne (NEWT) Tax Rate (2022 - 2026)

NewtekOne (NEWT) reported Tax Rate of 21.57% for Q1 2026, up 198.0% year-over-year from 7.24% in Q1 2025, and up 6.73% quarter-over-quarter from 20.21% in Q4 2025.

NewtekOne (NEWT) Tax Rate (2022 - 2026) Analysis & Trends

NewtekOne (NEWT) has 5 years of Tax Rate data on file, last reported at 21.57% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 21.57%, up 198.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.43% (down 36.0% YoY), and the FY2025 annual result was 24.34%, down 163.0% from the prior year.
  • Tax Rate improved to 21.57% in Q1 2026 per NEWT's latest filing, from 20.21% in the prior quarter.
  • Over five years, Tax Rate peaked at 154.63% in Q4 2022 and troughed at 181.15% in Q1 2023.
  • A 5-year average of 16.5% and a median of 23.84% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate plunged 19005 bps in 2023, then jumped 20748 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 154.63% in 2022, then slumped by 80 bps to 31.16% in 2023, then retreated by 27 bps to 22.86% in 2024, then declined by 12 bps to 20.21% in 2025, then rose by 7 bps to 21.57% in 2026.
  • Business Quant data shows NEWT's Tax Rate at 21.57% in Q1 2026, 20.21% in Q4 2025, and 28.58% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bank Of Chile 97,765.53 Bn 97,765.53 Bn - -22.54%
2 Bank Bradesco 6,846.93 Bn 6,830.99 Bn - -
3 Lloyds Banking 384.13 Bn 384.40 Bn - -23.21%
4 First Capital 215.78 Bn 215.63 Bn - 19.21%
5 Itau Unibanco Holding 202.78 Bn 202.78 Bn - -
6 Landmark Bancorp 180.37 Bn 180.34 Bn - 19.83%
7 NatWest 168.65 Bn -51.67 Bn - -25.87%
8 Shinhan Financial 136.54 Bn 104.11 Bn - 25.76%
9 Mizuho Financial 112.02 Bn 112.56 Bn - -
10 NewtekOne 398.45 Mn -4.56 Mn - 21.57%

Historic Data

Download Data
DateValue
Mar 31, 2026 21.57%
Mar 31, 2026 21.57%
Dec 31, 2025 20.21%
Dec 31, 2025 20.21%
Sep 30, 2025 28.58%
Sep 30, 2025 28.58%
Jun 30, 2025 27.00%
Jun 30, 2025 27.00%
Mar 31, 2025 19.59%
Mar 31, 2025 19.59%
Dec 31, 2024 22.86%
Dec 31, 2024 22.86%
Sep 30, 2024 30.03%
Sep 30, 2024 30.03%
Jun 30, 2024 25.96%
Jun 30, 2024 25.96%
Mar 31, 2024 26.33%
Mar 31, 2024 26.33%
Dec 31, 2023 31.16%
Dec 31, 2023 31.16%