NewtekOne, Inc. reports developments as a financial holding company serving independent business owners through Newtek Bank, N.A. and non-bank subsidiaries. Its updates cover banking, business lending, SBA lending solutions, Alternative Loan Program and C&I longer-amortizing loans, deposit products, payment processing, payroll and benefits, insurance solutions, and technology services offered under the Newtek brand.
Company news also includes the Newtek Advantage business portal, FedNow® and RTP® instant-payment capabilities, the AI-powered NewTracker® loan processing system, and the Newtek Seven Day Business Loan™. Financial releases address loan origination activity, deposit trends, securitizations, credit facilities, common dividends, and Series B preferred share dividends.
NewtekOne (Nasdaq: NEWT) reported third-quarter 2026 basic and diluted earnings per share of $0.34, both below the prior-year quarter. Basic and diluted EPS were $0.68 and $0.67, respectively, a year earlier. The company maintained its 2026 EPS guidance of $1.70–$1.80.
Net interest income reached $19 million, up 30% year over year and 26% sequentially, as the company retained more guaranteed SBA loan portions. Deposits ended September at $2.5 billion, up $1.3 billion year over year. Book value per common share rose 9.2% year over year to $12.80. The efficiency ratio worsened to 58.7% from 56.3%, while returns on assets and equity declined.
NewtekOne expects a securitization backed by longer-amortizing commercial and industrial loans in the first quarter of 2027 and is exploring strategic alternatives intended to help the market recognize its platform's value.
NewtekOne (NASDAQ: NEWT) received published KBRA debt ratings, including a BBB- senior unsecured rating, with a Stable outlook on long-term ratings. Its subordinated debt is rated BB+ and short-term debt K3. Newtek Bank’s deposit and senior unsecured ratings are BBB, subordinated debt BBB-, and short-term deposit and debt K3. These ratings were assigned privately on May 14, 2026. KBRA also assigned BBB- to Newtek’s $50 million of 8.125% senior unsecured notes maturing February 2029.
Return on assets has ranged from approximately 2.0% to 3.5% since Newtek became a financial holding company. Consolidated common equity Tier 1 capital is approximately 18%, while parent double leverage is nearly 200%. KBRA identifies elevated problem loans and parent leverage as constraints. Newtek is retaining more government-guaranteed SBA loans to generate recurring interest income, a shift that could pressure near-term profitability.
NewtekOne (NEWT) announced that its Newtek Bank subsidiary has launched Zelle for eligible small business banking clients through its digital banking service. Clients can send and receive money between U.S. bank accounts using an email address or U.S. mobile number, typically within minutes for enrolled users.
Newtek Bank has also joined the FedNow and The Clearing House RTP receiving networks, allowing clients to receive instant payments after hours and on weekends, with funds credited the same day. The Newtek Advantage portal also supports payroll with same-day employee access to funds. The company positions the Zelle launch within its broader initiative to expand real-time payments through its newly branded Newtek Real-Time Payment Solutions platform and a single online portal.
NewtekOne (NASDAQ: NEWT) will report its third quarter 2026 financial results after market close on October 28, 2026.
CEO Barry Sloane and CFO Frank M. DeMaria will host a conference call at 4:30 pm ET that day. An earnings presentation will accompany the results on the investor relations website. A replay and corresponding presentation will be available shortly after the call for one year.
NewtekOne (NEWT) expanded its Newtek Bank subsidiary’s account connectivity to Sage, Xero, FreshBooks and Restaurant365 through Newtek Advantage. The bank already connects with QuickBooks and also supports 1-800Accountant, Expensify, AppFolio and BILL. NewtekOne says its connections with QuickBooks, Sage, Xero and FreshBooks reach platforms representing approximately 85% of the U.S. small-business accounting software market.
Newtek Advantage lets customers view banking information and real-time payment activity in one portal. Customers using Newtek Real-Time Payment Solutions can have merchant processing proceeds settle into Newtek Bank accounts the same day, seven days a week, 365 days a year. Newtek Payroll customers can fund and execute payroll the same day.
NewtekOne (NEWT) declared a quarterly cash dividend of $0.19 per share on its outstanding common stock, payable on October 1, 2026 to shareholders of record as of September 24, 2026.
The Board also declared a dividend on its 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B of $21.25 per Preferred Share, or $0.53125 per depositary share, with the same October 1, 2026 payment date and September 24, 2026 record date.
NewtekOne (NASDAQ: NEWT) updated its earnings outlook, projecting 2026 EPS of $1.70–$1.80 and 2027 EPS of $2.00–$2.20. The guidance reflects a strategic decision to retain more guaranteed portions of SBA 7(a) loans on its balance sheet rather than selling them.
According to NewtekOne, this balance-sheet strategy is expected to shift the revenue mix toward recurring net interest income (NII), which is projected to grow faster than noninterest and gain-on-sale income. NII represented 21% of total revenue in 2025 and 22% in the first half of 2026, and is expected to reach 30% or more of revenue in the second half of 2026 through 2027.
The company attributes its ability to retain more loans to the 2023 acquisition of Newtek Bank, N.A., which it says enables more cost-effective funding via deposits. NewtekOne reports that deposit-gathering has exceeded initial expectations, supported by fully digital account opening, competitive rates with zero fees, and continuous access to on-camera customer service. The company also plans to evaluate licensing opportunities for its NewTracker and Newtek Advantage platforms and to consider broader strategic options.
NewtekOne (NASDAQ: NEWT) expanded its AI-powered client support platform by deploying Glia Voice across its 24/7/365 service model. NewtekOne already uses Glia for proactive digital engagement through chat, video and secure CoBrowsing, allowing representatives to guide clients in real time within its digital environment.
The launch of Glia Voice brings telephone interactions onto the same platform, unifying voice, chat, video and secure collaboration. According to NewtekOne, this foundation will support additional AI capabilities such as real-time agent coaching, sentiment and interaction intelligence, contextual prompts and agentic AI that can handle suitable client requests while passing complex issues to human staff with full context.
NewtekOne (Nasdaq: NEWT) reported 2Q26 basic and diluted EPS of $0.48 and $0.47, down from $0.53 and $0.52 in 2Q25 but within its EPS guidance range of $0.42–$0.52. Book value per share rose to $12.64, up 13.8% year over year and 2.3% sequentially, while tangible book value per share reached $12.13, up 15.0% Y/Y and 2.4% Q/Q. The efficiency ratio improved to 58.4% from 60.3% in 2Q25.
ROAA, ROAE and ROTCE were 1.97%, 13.3% and 15.7%, below 2Q25 levels. Total assets increased to $3.18 billion from $2.74 billion at year-end 2025. Non-affiliate business deposits grew 47% Y/Y and core consumer deposits 124% Y/Y. The company highlighted strong growth in C&I LA, SBA 504, commercial real estate and C&I loan originations, and noted that guidance is being re-evaluated as the bank shifts toward more balance sheet lending and net interest income.
NewtekOne (NASDAQ: NEWT) plans to report its second quarter 2026 financial results after the market close on Thursday, August 6, 2026. A conference call hosted by CEO Barry Sloane and CFO Frank M. DeMaria will follow at 4:30 p.m. ET.
According to NewtekOne, investors should pre-register online up to 15 minutes before the call to receive dial-in or webcast access. An earnings presentation and a replay of the call will be posted in the Investor Relations “Events & Presentations” section and remain available for one year.