Newtekone Earnings Reports

NewtekOne reported solid revenue growth and profitability in Q2 2025, supported by rising net interest income, continued ALP loan activity, and improved operating efficiency.

NewtekOne, Inc. reported solid first-quarter results with diluted EPS of $0.35, surpassing its guidance. The company demonstrated strong balance sheet growth, increased tangible book value per share, and above-average profitability, despite a heavier loan loss provision. Pre-provision net revenue also saw significant year-over-year growth.

NewtekOne, Inc. reported a significant increase in net income and EPS for the fourth quarter of 2024, with net income reaching $18.3 million and EPS at $0.70 basic and $0.69 diluted. The company also saw substantial growth in total assets and loans held for investment, while raising its full-year 2025 earnings forecast.

NewtekOne reported a net income of $11.9 million and EPS of $0.45 for the third quarter of 2024. The results were driven by growth in deposits, loans, and the payments segment.

NewtekOne reported a net income of $9.7 million, or $0.38 per basic and diluted common share, for the first quarter of 2024. The company's performance was driven by Newtek Bank's SBA 7(a) loan fundings and the alternative loan program. The company is raising its 2024 annual earnings forecast to a range of $1.85 to $2.05 per basic and diluted common share from its previous forecast range of $1.80 to $2.00 per basic and diluted common share.

NewtekOne reported a net income of $13.4 million, or $0.53 per basic and diluted common share, for the three months ended December 31, 2023. The company's total assets remained relatively consistent at $1.4 billion, while loans held for investment increased by 4.2% to $806.8 million.

NewtekOne reported a net income of $10.0 million, or $0.37 per basic common share, for the three months ended September 30, 2023, representing a 42.3% increase on a per share basis compared to the previous quarter. The company's net interest income increased by 42.1% to $8.1 million, and it demonstrated strong capital levels, positioning it for continued growth.

NewtekOne reported a net income of $6.9 million, or $0.26 per basic common share, for the three months ended June 30, 2023, meeting its previously issued forecast. Total assets reached $1.4 billion, and the company reiterated its full-year 2023 earnings forecast of $1.70 to $2.00 per share.

NewtekOne reported a net income of $11.7 million, or $0.46 per basic share, for the first quarter of 2023, exceeding its previously stated forecast of $0.41 per basic share. The company reiterated its full year 2023 earnings forecast in a range of $1.70 to $2.00 per share.

NewtekOne, Inc. announced a quarterly cash dividend of $0.18 per share, payable on April 14, 2023, to shareholders of record as of April 4, 2023.

Newtek Business Services Corp. reported a strong third quarter, with record SBA 7(a) loan fundings of $223.0 million, a 36.0% increase year-over-year. Total investment income increased by 90.0% to $23.6 million. The company raised its full-year 2022 SBA 7(a) loan funding guidance to approximately $775 million.

Newtek Business Services Corp. reported a decrease in total investment income and net investment income compared to the same period last year, primarily due to the non-recurrence of Paycheck Protection Program (PPP) fee income. However, SBA 7(a) loan fundings increased significantly, and the company is optimistic about future growth, especially with the pending acquisition of the National Bank of New York City.

Newtek Business Services Corp. reported its Q1 2022 financial results, noting a decrease in total investment income by 41.4% compared to Q1 2021, which included non-recurring PPP fee income. However, the company saw a 56.5% increase in SBA 7(a) loan fundings and declared a second quarter dividend of $0.752 per share, a 7.1% increase over Q2 2021.

Newtek Business Services Corp. reported record SBA 7(a) loan fundings of $198.0 million in the fourth quarter and $560.6 million for the full year 2021.

Newtek Business Services Corp. reported its Q3 2021 financial results, highlighting growth in core lending operations and a robust pipeline of opportunities. The company reconfirmed its full-year 2021 earnings guidance.