NewtekOne, Inc. Declares Dividend on Series B Preferred Shares

Rhea-AI Summary

NewtekOne (NASDAQ: NEWT) declared a dividend on its 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.

The dividend is $21.25 per Preferred Share (equivalent to $0.53125 per depositary share, representing 1/40th of the preferred share amount), payable on January 1, 2026 to holders of record as of December 22, 2025.

Positive

• $21.25 dividend declared per Preferred Share
• $0.53125 dividend declared per depositary share
• Payment date set for January 1, 2026 with record date Dec 22, 2025

Negative

• Dividend is non-cumulative, so missed payments are not accrued
• Preferred shares are perpetual with no scheduled maturity

News Market Reaction

+1.85%

1 alert

+1.85% News Effect

On the day this news was published, NEWT gained 1.85%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Series B coupon: 8.500% Dividend per Preferred Share: $21.25 Dividend per depositary share: $0.53125 +3 more

6 metrics

Series B coupon 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B

Dividend per Preferred Share $21.25 Declared on Series B Preferred Shares

Dividend per depositary share $0.53125 Each depositary share equals 1/40th of a Preferred Share

Depositary share ratio 1/40th Each depositary share represents 1/40th of a Preferred Share dividend

Record date December 22, 2025 Holders of record eligible for the dividend

Payment date January 1, 2026 Scheduled payment date for the declared dividend

Market Reality Check

Price: $13.67 Vol: Volume 502,471 is 2.37x t...

high vol

$13.67 Last Close

Volume Volume 502,471 is 2.37x the 20-day average of 212,080, indicating elevated interest ahead of this announcement. high

Technical Price $11.56 is trading above the 200-day MA $11.26 and about 20.28% below the 52-week high, while sitting 26.75% above the 52-week low.

Peers on Argus

NEWT’s 1.85% gain occurred alongside mixed but mostly positive moves in peers, w...

NEWT’s 1.85% gain occurred alongside mixed but mostly positive moves in peers, with PCB +2.29%, FNLC +1.67%, BCML +1.38%, CZNC +1.13%, while CZFS slipped 0.36%, suggesting stock-specific factors rather than a broad sector push.

Historical Context

5 past events · Latest: Dec 01 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Debt exchange offer	Neutral	+0.8%	Announced exchange of 5.50% 2026 Notes into 8.50% 2031 Notes.
Dec 01	Operational update	Neutral	+0.8%	Provided 4Q25 update, largest ALP securitization, reaffirmed 2025 EPS guidance.
Nov 05	Leadership change	Neutral	+0.1%	Hired new Chief Revenue Officer to integrate payments, banking, lending.
Oct 29	Earnings report	Neutral	-2.6%	Reported higher EPS and revenue with notable Y/Y growth in 3Q25.
Oct 08	Earnings call notice	Neutral	+0.4%	Announced timing and access details for 3Q25 earnings call.

Pattern Detected

Recent news events produced modest single-day moves, with both operational and capital markets updates generally tracking close to flat-to-low single-digit percentage changes.

Recent Company History

Over the past months, NewtekOne reported stronger 3Q25 results with EPS of $0.68 basic and $0.67 diluted and total 3Q25 revenue of $74.9M, alongside capital actions including $30M CET1 raised and $50M Series B preferred depositary shares issued. Subsequent updates covered an exchange offer for $95.0M of 5.50% Notes due 2026 into 8.50% Notes due 2031, an Investor/Analyst Day with reaffirmed 2025 EPS guidance of $2.10–$2.50, and operational milestones. The current preferred dividend declaration fits into this ongoing capital structure and income-distribution framework.

Market Pulse Summary

This announcement declares an 8.500% Series B preferred dividend of $21.25 per Preferred Share, or $...

Analysis

This announcement declares an 8.500% Series B preferred dividend of $21.25 per Preferred Share, or $0.53125 per depositary share, payable on January 1, 2026 to holders of record on December 22, 2025. It follows prior common and preferred dividend declarations and recent steps to refine NewtekOne’s capital structure through note exchanges and securitizations. Investors may watch future dividend communications, earnings trends, and capital markets transactions for signals on ongoing balance between income distributions and growth funding needs.

Key Terms

fixed-rate reset, non-cumulative, perpetual preferred stock, depositary share

4 terms

fixed-rate reset financial

"8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B"

A fixed-rate reset is a feature of some bonds or preferred shares where the interest or dividend starts at a fixed rate for an initial period and then is re‑set at specific future dates to a new fixed rate based on market yields or a formula. It matters to investors because it combines the predictability of a fixed payment with periodic adjustments that reflect current interest rates, like a thermostat that keeps payments in line with prevailing market conditions and helps manage interest-rate risk.

non-cumulative financial

"8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B"

Non-cumulative describes a type of dividend or payment right where any missed distributions are not tracked or owed later; if a company skips a payment, investors do not receive that skipped amount in the future. Think of it like a one-time coupon that expires if not used: it can boost potential income when paid, but offers no catch-up protection, so investors face greater income uncertainty and should price in higher risk or lower yield expectations.

perpetual preferred stock financial

"8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B"

A perpetual preferred stock is a type of share that behaves like a forever-lasting, fixed-income investment: it pays regular dividends and has no set maturity date, yet it represents ownership rather than a loan. It ranks ahead of common stock for dividend payments and in liquidation, so investors treat it as a mix between a bond and an equity stake; its value depends largely on the issuer’s credit and prevailing interest rates.

depositary share financial

"or $0.53125 per depositary share, which is equivalent to 1/40th"

A depositary share is a special type of stock that represents ownership in a company but is traded on the stock market like regular shares. It often makes it easier for people to buy and sell shares of companies from other countries or smaller companies that don’t list directly on big exchanges.

AI-generated analysis. Not financial advice.

BOCA RATON, Fla., Dec. 10, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) has declared a dividend on the Company’s outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “Preferred Shares”) in the amount of $21.25 per Preferred Share, or $0.53125 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on January 1, 2026 to holders of record as of December 22, 2025.

About NewtekOne, Inc.

NewtekOne^®, Your Business Solutions Company^®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek^® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, eCommerce, Accounts Receivable Financing & Inventory Financing and  Insurance Solutions, Web Services, and Payroll and Benefits Solutions. In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com).

Newtek^®, NewtekOne^®, Newtek Bank^®, National Association, Your Business Solutions Company^®, One Solution for All Your Business Needs^® and Newtek Advantage are registered trademarks of NewtekOne, Inc.

Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

SOURCE: NewtekOne, Inc.

Investor Relations & Public Relations
Contact: Bryce Rowe
Telephone: (212) 273-8292 / browe@newtekone.com

FAQ

What dividend did NewtekOne (NEWT) declare for its Series B preferred on Dec 10, 2025?

NewtekOne declared $21.25 per Series B preferred share, equal to $0.53125 per depositary share.

When is the NewtekOne (NEWT) Series B preferred dividend payable and what is the record date?

The dividend is payable on January 1, 2026 to holders of record as of December 22, 2025.

How does the Series B dividend translate to depositary shares for NewtekOne (NEWT)?

Each depositary share equals 1/40th of a preferred share, so the dividend is $0.53125 per depositary share.

Is the NewtekOne (NEWT) Series B preferred dividend cumulative or non-cumulative?

The Series B preferred dividend is explicitly non-cumulative.

What type of preferred stock is NewtekOne (NEWT) Series B?

It is an 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B.