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| Date | Value |
|---|---|
| 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% |