Earnings summaries and quarterly performance for NewtekOne.
Executive leadership at NewtekOne.
Board of directors at NewtekOne.
Research analysts who have asked questions during NewtekOne earnings calls.
SM
Stephen Moss
Raymond James Financial, Inc.
5 questions for NEWT
Also covers: AUB, BRKL, BWFG +13 more
Crispin Love
Piper Sandler
4 questions for NEWT
Also covers: ABL, ABR, AGNC +24 more
Timothy Switzer
KBW
3 questions for NEWT
Also covers: CASH, CIVB, CNOB +14 more
TS
Tim Switzer
Keefe, Bruyette & Woods (KBW)
3 questions for NEWT
Also covers: CASH, CIVB, CNOB +12 more
Christopher Nolan
Ladenburg Thalmann
2 questions for NEWT
Also covers: EIC, GAIN, GLAD +8 more
DH
Dillion Hines
B. Riley Securities
2 questions for NEWT
Also covers: CSWC
Marc Silk
Silk Investment Advisors
1 question for NEWT
Also covers: FTEK
MP
Mike Paramonov
Freedom Broker
1 question for NEWT
SM
Steve Moss
Raymond James
1 question for NEWT
Also covers: AUB, BRKL, BWFG +12 more
Recent press releases and 8-K filings for NEWT.
NewtekOne Retires $95 Million in Senior Notes
NEWT
Debt Issuance
- NewtekOne, Inc. retired $95 million of fixed rate senior notes that matured on February 1, 2026.
- The repayment was funded with $87.1 million of working capital and a $7.9 million exchange offer for newly issued NEWTO notes, marking the retirement of the last debt remnant from its time as a Business Development Company (BDC).
- Including this recent retirement, NewtekOne has redeemed a total of $294 million of senior notes since 2018.
- The company's CEO emphasized NewtekOne's 25-year history as a public company, its consistent record of principal and interest payments, and its 2023 transition to a technology-enabled financial holding company.
5 days ago
NewtekOne Reports Record 2025 Earnings and Revenue, Provides 2026 EPS Guidance
NEWT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- NewtekOne reported record earnings and revenue growth for 2025, with total revenue reaching $284 million (up 10.6% from 2024) and net income before taxes of approximately $80 million (up 16.4%).
- Diluted earnings per share (EPS) for Q4 2025 was $0.65, contributing to a full-year 2025 diluted EPS of $2.18, an 11% increase over 2024 results.
- The company provided 2026 EPS guidance with a mid-range of $2.35, within a range of $2.15-$2.55.
- Operational highlights include opening 9,000 new depository accounts in Q4 2025, with business deposits increasing by $34 million in the quarter and $164 million for the year.
- NewtekOne improved its efficiency, with the HoldCo efficiency ratio declining from 63.2% to 58.3% in 2025, and saw non-performing loans (NPLs) decrease for two consecutive quarters to 6.9% in Q4 2025.
Jan 29, 2026, 9:30 PM
NewtekOne Reports Q4 and Full-Year 2025 Financial Results and Provides 2026 Guidance
NEWT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- NewtekOne reported total revenue of $284 million for 2025, a 10.6% increase over 2024, and net income before taxes of approximately $80 million, up 16.4%.
- Full-year 2025 diluted EPS reached $2.18, an 11% increase over 2024, with Q4 2025 diluted EPS at $0.65.
- The company issued 2026 EPS guidance with a mid-range of $2.35 (ranging from $2.15 to $2.55).
- Key operational achievements include a decline in the HoldCo efficiency ratio to 58.3% and significant deposit growth, with business deposits increasing by $164 million and consumer deposits by $293 million in 2025.
- Credit quality improved, with non-performing loans (NPLs) declining to 6.9% for Q4 2025, and the loss from the NSBF lending subsidiary is projected to materially decrease in 2026 from $20 million in 2025.
Jan 29, 2026, 9:30 PM
NewtekOne Reports Q4 2025 Results and Provides 2026 Guidance
NEWT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- NewtekOne reported Q4 2025 basic and diluted EPS of $0.65 and full-year 2025 basic and diluted EPS of $2.21 and $2.18, respectively, representing an 11-12% increase over 2024. The midpoint of 2026 EPS guidance is $2.35.
- Book value per share and tangible book value per share ended 2025 at $12.19 and $11.68, respectively, with tangible book value per share climbing 24% year-over-year.
- Newtek Bank achieved a record of over 9,000 deposit accounts opened in Q4 2025, and its efficiency ratio declined from 63.2% in 2024 to 58.3% in 2025.
- Alternative Loan Program (ALP) originations were $104 million in Q4 2025 and $363 million for the full year 2025, with a 2026 projection of $500 million. Additionally, the company closed a $295 million securitization in January 2026.
Jan 29, 2026, 9:30 PM
NewtekOne Reports Strong Q4 and Full-Year 2025 Results, Issues 2026 Guidance
NEWT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- NewtekOne reported $284 million in total revenue for 2025, a 10.6% increase over 2024, and $2.18 diluted EPS for 2025, up 11% from the prior year. The company projects 2026 EPS guidance with a midpoint of $2.35, ranging from $2.15 to $2.55.
- Newtek Bank's assets grew significantly to approximately $1.4 billion or $1.5 billion by Q4 2025 from $180 million at its acquisition in early 2023, with HoldCo consolidated assets reaching $2.4 billion-$2.5 billion.
- Operational efficiency improved, with annual operating expenses increasing by only 2% in 2025 against 33% asset growth, leading to an efficiency ratio improvement from 63% to 58%.
- The company successfully grew its deposit base, opening 9,000 new depository accounts and reaching 34,000 active depository accounts, while tangible book value ended 2025 at $12.19. The cost of deposits at Newtek Bank also declined approximately 16 basis points sequentially.
Jan 29, 2026, 9:30 PM
NewtekOne Reports Q4 and Full Year 2025 Results, Issues 2026 EPS Guidance
NEWT
Earnings
Guidance Update
Share Buyback
- NewtekOne, Inc. reported basic and diluted EPS of $0.65 for Q4 2025 and $2.21 and $2.18 respectively for the full year 2025.
- Total revenue for 2025 increased by 10.6% to $284.8 million compared to 2024.
- The company's efficiency ratio improved to 55.2% for Q4 2025 and 58.3% for the full year 2025.
- NewtekOne provided an EPS guidance range for 2026 of $2.15-$2.55, with a midpoint of $2.35/share.
- In Q4 2025, the company repurchased 126,595 common shares at a weighted average cost of $10.43/share.
Jan 29, 2026, 9:06 PM
NewtekOne Reports 4Q25 and Full-Year 2025 Results, Provides 2026 EPS Guidance
NEWT
Earnings
Guidance Update
Revenue Acceleration/Inflection
- NewtekOne reported basic and diluted EPS of $0.65 for the three months ended December 31, 2025, and $2.21 and $2.18 for the full year 2025, respectively.
- Total revenue for 2025 reached $284.8 million, marking a 10.6% increase over 2024, while the efficiency ratio improved to 58.3% for 2025 from 63.2% in 2024.
- The company provided 2026 EPS guidance in the range of $2.15-$2.55 and completed a $295 million securitization that was ten times oversubscribed.
- Book value per common share increased to $12.19 at the end of 2025, up 15.9% year-over-year, and tangible book value per common share rose to $11.68, up 24.4% year-over-year.
Jan 29, 2026, 9:03 PM
NewtekOne Announces Final Results of Exchange Offer
NEWT
Debt Issuance
Debt Restructuring
- NewtekOne, Inc. announced the expiration of its offer to exchange 5.50% Notes due 2026 for newly issued 8.50% Fixed Rate Senior Notes due 2031 on January 23, 2026.
- Approximately $7,877,200, representing 8.29% of the $95.0 million outstanding principal amount of the 5.50% Notes due 2026, were validly tendered and accepted, with NewtekOne waiving the 10% minimum exchange condition.
- Following the settlement on January 28, 2026, the remaining $87,122,800 aggregate principal amount of the 5.50% Notes due 2026 will be repaid by NewtekOne on their February 1, 2026 maturity date.
Jan 26, 2026, 9:37 PM
NewtekOne Announces Expiration and Final Results of Exchange Offer
NEWT
Debt Issuance
- NewtekOne's exchange offer for its 5.50% Notes due 2026 for newly issued 8.50% Fixed Rate Senior Notes due 2031 expired on January 23, 2026.
- $7,877,200 in aggregate principal amount of the Old Notes, representing approximately 8.29% of the $95.0 million outstanding principal, were validly tendered and accepted after NewtekOne waived the 10% minimum tender condition.
- The settlement of the Exchange Offer is expected on January 28, 2026, with the remaining $87,122,800 aggregate principal amount of Old Notes to be repaid on their February 1, 2026 maturity date.
Jan 24, 2026, 12:02 AM
NewtekOne Closes Largest ALP Loan Securitization
NEWT
Debt Issuance
New Projects/Investments
- NewtekOne, Inc. (NEWT) completed its 17th and largest rated securitization, NALP Business Loan Trust 2026-1, on January 21, 2026.
- The transaction involved the sale of $295 million of rated notes backed by $342 million of Alternative Loan Program (ALP) loans.
- The securitization was ten times oversubscribed by 32 institutions, with the notes achieving a weighted average yield of 6.08% and an 86% advance rate.
- The underlying ALP loans have a net weighted-average coupon of 11.74%, generating approximately 570 basis points of excess spread to support the note holders.
- Since 2019, the company has originated roughly $850 million of ALP loans, with a track record of six defaults and one $6 million charge-off.
Jan 21, 2026, 10:20 PM
Quarterly earnings call transcripts for NewtekOne.
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