Welcome to our dedicated page for NewtekOne news (Ticker: NEWT), a resource for investors and traders seeking the latest updates and insights on NewtekOne stock.
NewtekOne, Inc. (NASDAQ: NEWT) delivers innovative financial solutions through its integrated banking, lending, and technology platforms. This news hub provides investors and business professionals with direct access to official announcements, strategic developments, and regulatory updates from the financial services innovator.
Track NewtekOne's latest earnings reports, partnership announcements, and technology initiatives through verified press releases. Our curated collection ensures timely access to material disclosures including SBA lending updates, payment processing innovations, and compliance-related communications.
Key updates across NewtekOne's core operations: banking service expansions, business loan program developments, payment technology enhancements, and strategic partnership announcements. Stay informed about regulatory filings and corporate governance updates that impact the company's market position.
Bookmark this page for streamlined access to NewtekOne's financial communications. Combine these official updates with third-party analysis available through Stock Titan's research tools for comprehensive market understanding.
NewtekOne (NASDAQ: NEWT) has announced a significant expansion of its revolving credit facility with Capital One to support its Alternative Loan Program (ALP) business. The amended facility includes an increase from $60 million to $100 million and a two-year maturity extension.
This expansion follows the recent amendment of NewtekOne's Deutsche Bank ALP facility in June. The company has completed sixteen securitization transactions since 2010, with both Capital One Securities and Deutsche Bank playing crucial roles in warehouse financing and distribution to institutional investors.
NewtekOne Inc. (NASDAQ: NEWT) reported strong Q2 2025 financial results with significant year-over-year improvements. The company achieved basic and diluted EPS of $0.53 and $0.52, representing increases of 23% and 21% respectively compared to Q2 2024.
Key financial highlights include total revenue of $70.2 million (up 15% Y/Y), net income before taxes of $18.8 million (up 27% Y/Y), and an improved efficiency ratio of 60.3%. The company demonstrated strong profitability metrics with ROAA of 2.50% and ROTCE of 19.4%.
Notable operational achievements include $205.6 million in SBA 7(a) loan originations, a successful $184 million securitization backed by ALP loans, and a 19% quarter-over-quarter increase in commercial deposits. The company maintains its 2025 EPS guidance range of $2.10-$2.50.
NewtekOne (NASDAQ: NEWT) has announced a quarterly cash dividend of $0.19 per share on its outstanding common stock. The dividend will be paid on July 21, 2025, to shareholders of record as of July 9, 2025.
The Company's Board of Directors retains discretion over the amount and timing of future dividend payments, highlighting that these distributions are subject to change based on the Board's assessment.
NewtekOne (NASDAQ: NEWT) has successfully closed a $184 million securitization backed by $216 million of Alternative Loan Program (ALP) loans. The NALP Business Loan Trust 2025-1 marks the company's 16th rated securitization and third ALP-backed securitization.
The transaction includes:
- $155.9M Class A Notes rated 'A (low) (sf)' at 6.338% yield
- $23.8M Class B Notes rated 'BBB (sf)' at 7.838% yield
- $4.3M Class C Notes rated 'BB (sf)' at 10.338% yield
The securitization achieved an 85% advance rate and weighted average yield of 6.62%. The collateralizing portfolio features a gross weighted average coupon of 13.30% and net weighted average coupon of 12.30%. The company maintains its 2025 EPS forecast of $2.10-$2.50 and reports only four ALP loan defaults with no charge-offs to date.
NewtekOne (NASDAQ: NEWT) has announced key leadership changes, with Peter Downs appointed as President of Newtek Bank, N.A. and Frank M. DeMaria as CFO of the Company. The announcement follows the bank's successful transformation since acquiring National Bank of New York City in January 2023.
The bank has achieved notable performance metrics in 2024, including a 42% efficiency ratio, 6% return on assets, and 40%+ return on tangible common equity. Additional appointments include Thomas Soucy as Chief Credit Officer, Nicholas Leger as CFO of non-bank subsidiaries, and Andrew Kaplan joining the bank's board.
The company continues to leverage its technology platform, including The Newtek Advantage®, NewTracker®, and Newtek File Vault™, to provide business and financial solutions to independent business owners through their 24/7/365 service model.
NewtekOne Inc (NASDAQ: NEWT) has announced the termination of three office space leases totaling 52,000 square feet, expected to generate annual cost savings of $2.0 million starting Q2 2025. This strategic move aligns with the company's shift to a remote workforce model and technology-enabled platform.
The company's digital transformation has shown significant progress since acquiring Newtek Bank in January 2023. Key achievements include:
- Growing loan portfolio from $167 million to $774 million as of December 31, 2024
- Digitally opening 15,000+ deposit accounts
- Expanding consolidated balance sheet to $2.1 billion by December 31, 2024
The company leverages its technology platform for deposit gathering, loan origination, and business solutions delivery through on-camera staff, eliminating the need for traditional branches and bankers.
NewtekOne (NASDAQ: NEWT) reports strong Q1 2025 performance with significant loan origination growth across multiple segments. The company originated 580 SBA 7(a) loans totaling $213 million, up from 489 loans in Q1 2024. Newtek Bank's loan portfolio showed remarkable growth with SBA 7(a) loans held for investment reaching $407 million, a 90% year-over-year increase.
Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans demonstrated robust growth, with CRE portfolio increasing 20% quarter-over-quarter to $231 million and C&I reaching $51 million. The company originated $68.5 million in Alternative Loan Program loans and projects $500 million in ALP originations for 2025.
Deposits grew to $1.06 billion, showing an 88% year-over-year increase, with business deposits up 8.9% and core consumer deposits growing 2.5% quarter-over-quarter. The company maintains its 2025 EPS guidance of $2.10-$2.50 per share.
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