Newtek Income Before Tax from 2010 to 2024

NEWT Stock  USD 14.08  0.28  2.03%   
Newtek Business Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Newtek Business Income Before Tax quarterly data regression had r-value of  0.79 and coefficient of variation of  67.80. View All Fundamentals
 
Income Before Tax  
First Reported
2000-03-31
Previous Quarter
14.8 M
Current Value
17.1 M
Quarterly Volatility
7.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newtek Business financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 71.1 M or Selling General Administrative of 23.7 M, as well as many indicators such as Price To Sales Ratio of 1.98, Dividend Yield of 0.059 or PTB Ratio of 2.09. Newtek financial statements analysis is a perfect complement when working with Newtek Business Valuation or Volatility modules.
  
Check out the analysis of Newtek Business Correlation against competitors.

Latest Newtek Business' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Newtek Business Services over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Newtek Business income statement and is an important metric when analyzing Newtek Business Services profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Newtek Business' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newtek Business' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Newtek Income Before Tax Regression Statistics

Arithmetic Mean31,995,609
Geometric Mean23,095,691
Coefficient Of Variation67.80
Mean Deviation16,154,342
Median36,593,000
Standard Deviation21,693,657
Sample Variance470.6T
Range83.2M
R-Value0.79
Mean Square Error190.1T
R-Squared0.62
Significance0.0005
Slope3,834,858
Total Sum of Squares6588.6T

Newtek Income Before Tax History

202447.6 M
202345.4 M
202238.8 M
202185.5 M
202032.6 M
201944.3 M
201836.8 M

About Newtek Business Financial Statements

Newtek Business shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Newtek Business investors may analyze each financial statement separately, they are all interrelated. The changes in Newtek Business' assets and liabilities, for example, are also reflected in the revenues and expenses on on Newtek Business' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax45.4 M47.6 M

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Additional Tools for Newtek Stock Analysis

When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.