How does NEWT's earnings trend compare to industry peers?

NewtekOne (NEWT) exhibits a distinct earnings trend compared to its peers in the Capital Markets industry. While specific net income figures are not available for NEWT, we can analyze the earnings performance of its top five peers sorted by revenue: StoneX (SNEX), Brookfield (BN), Morgan Stanley (MS), Goldman Sachs (GS), and UBS Group (UBS). Here's a comparison of their net income trends:

1. **UBS Group (UBS)**: UBS has shown a significant net income of $27.38 billion in 2023Q4, the latest report period available. This indicates a strong financial performance, which may be due to its diversified business model and global presence.
2. **Goldman Sachs (GS)**: Goldman Sachs has a net income of $21.64 billion in 2021Q4, with additional reports showing $14.28 billion in 2024Q4 and $11.26 billion in 2022Q4. The fluctuating net income suggests a more volatile financial performance compared to UBS.
3. **Morgan Stanley (MS)**: Morgan Stanley has a net income of $15.12 billion in 2021Q4, with subsequent reports showing $13.53 billion in 2024Q4 and $11.18 billion in 2022Q4. The slight dip in net income from 2022 to 2024 may indicate challenges or strategic shifts within the company.
4. **Brookfield (BN)**: Brookfield has a net income of $12.39 billion in 2021Q4, with no additional reports available for comparison. This limited data points to a strong performance in the past but lack of recent data prevents a comprehensive analysis of the current trend.
5. **NewtekOne (NEWT)**: Specific net income figures for NEWT are not available, making it challenging to assess its earnings trend. However, the fact that net income data is not provided could imply that NEWT is a smaller player in the industry or operates with a different business model that does not necessitate public net income reporting.

**Conclusion**: UBS stands out with the highest net income among the peers, followed by Goldman Sachs, Morgan Stanley, and Brookfield. The absence of net income data for NEWT prevents a direct comparison of its earnings trend. It is important to note that net income should be considered in conjunction with other financial metrics and market conditions to gain a comprehensive understanding of a company's financial health and performance.