15 NASDAQ Stocks with the Lowest P/E Ratios

11. NewtekOne, Inc. (NASDAQ:NEWT)

Forward P/E ratio: 5.91

No. of Hedge Fund Holders: 14

NewtekOne, Inc. (NASDAQ:NEWT) is a financial holding company that offers a variety of deposit accounts, SBA loans, and commercial loans, including real estate loans. The company provides electronic payment processing, cloud-based POS systems, insurance brokerage, payroll services, and technology solutions such as website hosting, cloud hosting, and data recovery.

The company has a diversified loan portfolio with a strong focus on technology-enabled client acquisition, improving efficiency and customer satisfaction. NewtekOne, Inc. (NASDAQ:NEWT) posted a net income of $50.9 million in FY2024, up from  $47.3 million in 2023. The earnings per share came in at $1.97 compared to $1.89 per share in 2023. Newtek Bank and the company’s non-bank lending subsidiaries ended the year with $1.5 billion of loans across all loan products, up by 33.1% from a year ago.

For 2025, NewtekOne, Inc. has increased its annual EPS forecast range to $2.10 per basic and $2.50 per diluted share, from its previous forecast range of $2 and $2.25, respectively.