Record Q1 loans as AI speeds NewtekOne (NASDAQ: NEWT) originations
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
NewtekOne, Inc. reported a record 961 loan originations in the first quarter of 2026, a 40% increase over the first quarter of 2025. Dollar volume of first-quarter 2026 loan originations was approximately $391 million, up from $366 million a year earlier.
Management attributed the growth to enhancements in the loan origination process, including expanded use of AI and the launch of the Newtek Seven Day Business LoanTM. In March 2026 alone, the company originated 500 loans, up from 287 in March 2025, with dollar volume rising to roughly $230 million from $172 million.
NewtekOne believes these technological advances reduce time and cost to close loans while supporting deposit gathering and higher-quality credits. The company reaffirmed its first-quarter EPS guidance range of $0.37–$0.47 and full-year 2026 EPS guidance range of $2.15–$2.55.
Positive
- Record loan originations with strong growth: NewtekOne originated 961 loans in 1Q26, a 40% increase over 1Q25, with dollar volume rising to approximately $391 million from $366 million.
- Acceleration late in the quarter: March 2026 originations reached 500 loans versus 287 in March 2025, and dollar volume rose to roughly $230 million from $172 million, indicating strong exit momentum.
- Technology- and AI-driven efficiency: The company states that enhanced AI-powered loan origination tools and the Newtek Seven Day Business LoanTM have reduced time and cost to close loans while supporting higher-quality credits.
- EPS guidance reaffirmed: Management remains comfortable with first-quarter EPS guidance of $0.37–$0.47 and full-year 2026 EPS guidance of $2.15–$2.55, despite rapid growth in loan volumes.
Negative
- None.
Insights
Record loan growth driven by AI, with EPS guidance reaffirmed.
NewtekOne is showing strong volume momentum: first-quarter 2026 loan units rose 40% to 961, with dollar originations increasing to $391 million from $366 million. March was especially robust, with 500 loans versus 287 a year earlier.
Management ties this to AI-enabled process improvements and the Newtek Seven Day Business LoanTM, aiming to close loans faster and at lower cost. That can help attract better-quality borrowers and support both lending and deposit gathering, according to the company’s commentary.
The company reiterated first-quarter EPS guidance of $0.37–$0.47 and full-year guidance of $2.15–$2.55. Investors may view sustained guidance alongside accelerating originations as an encouraging sign, though ultimate credit performance and margins will become clearer when full financial results are released.
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Q1 2026 loan originations (units): 961 loans
Q1 2026 loan originations (dollar volume): $391 million
March 2026 loan originations (units): 500 loans
+3 more
6 metrics
Q1 2026 loan originations (units)
961 loans
Record number of loans; 40% increase over Q1 2025
Q1 2026 loan originations (dollar volume)
$391 million
Compared to $366 million in Q1 2025
March 2026 loan originations (units)
500 loans
Versus 287 loans in March 2025
March 2026 loan originations (dollar volume)
$230 million
Versus $172 million in March 2025
Q1 2026 EPS guidance range
$0.37–$0.47
Management states it remains comfortable with this range
Full-year 2026 EPS guidance range
$2.15–$2.55
Guidance reaffirmed alongside strong loan growth
Key Terms
loan originations, Newtek Seven Day Business LoanTM, forward-looking statements, EPS guidance, +1 more
5 terms
loan originations financial
"reported that it originated a record 961 loans in the first quarter of 2026"
Loan originations are the new loans a lender agrees to provide during a given period, including the application, approval and funding steps that turn a borrower's request into an active loan. Investors watch origination volume and quality like sales figures for a store: higher volumes can drive revenue and growth for lenders, while the mix of safe versus risky borrowers signals future profits and potential losses if repayments falter.
Newtek Seven Day Business LoanTM financial
"AI-powered resources to support the launch of the Newtek Seven Day Business LoanTM"
forward-looking statements regulatory
"contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
EPS guidance financial
"We remain comfortable with the first quarter and full year EPS guidance ranges of $0.37-$0.47 and $2.15- $2.55"
EPS guidance is a company’s forecast of its future earnings per share, showing the amount of profit it expects to earn for each outstanding share. Investors use it like a roadmap: it sets expectations for future profitability and often moves the stock price if actual results come in notably above or below the guidance, because it signals whether management believes growth is on track.
tangible common equity financial
"maintaining industry-leading returns on assets and tangible common equity"
Tangible common equity is the portion of a company’s net worth that belongs to ordinary shareholders after removing intangible items (like goodwill or patents) and any preferred claims; it’s often expressed on a per-share basis. Think of it as the hard, sellable value left for common owners if you removed non-physical assets and paid off debts—investors use it to judge how much real cushion a company has and whether the stock might be under- or over-valued.
Earnings Snapshot
Loan originations (units): 961 loans · Guidance included
Q1 2026
Loan originations (units)
961 loans
+40% YoY
Loan originations (dollar volume)
$391 million
from $366 million in Q1 2025
March loan originations (units)
500 loans
from 287 loans in March 2025
March loan originations (dollar volume)
$230 million
from $172 million in March 2025
Full-year 2026 EPS guidance
$2.15–$2.55
Guidance
Company states it remains comfortable with Q1 2026 EPS guidance of $0.37–$0.47 and full-year 2026 EPS guidance of $2.15–$2.55.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of Earliest Event Reported)
(Exact Name of Company as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation or Organization) | (Commission File No.) | (I.R.S. Employer Identification No.) | ||||||
(Address of principal executive offices and zip code)
(212 ) 356-9500
(Company’s telephone number, including area code)
(Former name or former address, if changed from last report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Forward-Looking Statements
Statements in NewtekOne, Inc.’s (the “Company” or “NewtekOne”) Current Report on Form 8-K and the Exhibit hereto contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations and beliefs 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 the Company's filings with the Securities and Exchange Commission which are available on the Company'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 the Company speak only as to the date they are made, and the Company 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.
Item 2.02. Results of Operations and Financial Condition.
On April 6, 2026, NewtekOne issued a press release (the “Press Release”) entitled, “Technological Advances, Including AI, Drive Record Number of Loan Unit Originations for 1Q26,” reporting, inter alia, loan originations for the first quarter of 2026. A copy of the Press Release is furnished as Exhibit 99.1 to this report.
The information in this Current Report on Form 8-K and Exhibit 99.1 hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any filing with the SEC made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 9.01 Financial Statement and Exhibits
(d) Exhibits.
| Exhibit Number | Description | |||||||
99.1 | NewtekOne, Inc. Press Release dated April 6, 2026 | |||||||
| 104 | Cover Page Interactive Data File | |||||||
SIGNATURES
In accordance with the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NEWTEKONE, INC. | ||||||||
| Date: April 6, 2026 | By: | /S/ BARRY SLOANE | ||||||
| Barry Sloane | ||||||||
| Chief Executive Officer, President and Chairman of the Board | ||||||||
1 EXHIBIT 99.1 Technological Advances, Including AI, Drive Record Number of Loan Unit Originations for 1Q26 Boca Raton, FL – April 6, 2026 – NewtekOne, Inc. (NASDAQ: NEWT) (the “Company”) reported that it originated a record 961 loans in the first quarter of 2026, marking a 40% increase compared to the first quarter of 2025. Dollar volume of 1Q26 loan originations approximated $391 million, up from $366 million in 1Q25. Monthly volume accelerated meaningfully through the quarter following the implementation of enhancements to the loan origination process, including the incorporation of additional AI-powered resources to support the launch of the Newtek Seven Day Business LoanTM. Barry Sloane, Chief Executive Officer, President and Chairman, of NewtekOne commented, "We are pleased that recently introduced technological advances have supported a record number of loan originations in the first quarter of 2026 and, after a slower start to the year due to implementing process enhancements and staff training, we were encouraged to see the number of units originated surge in the second half of the quarter following the launch of the Newtek Seven Day Business LoanTM. In March alone, we originated 500 loan units, a 74% increase over the 287 units originated in March 2025; dollar volume in March was roughly $230 million, up 34% over the $172 million of originations for March 2025.” Mr. Sloane added, "Further incorporating AI into the loan origination process has helped us support deposit gathering and the lending function simultaneously. We believe that we have not only reduced the time and cost to close a loan, but borrowers will benefit from faster access to capital and lower closing costs, while we gain efficiency and the ability to attract higher-quality credits. These technological advances, which are now fully incorporated into our loan origination process, can position us to capture incremental market share, increase volume, and further diversify our loan portfolio. In our lending demographic, the highest quality loans gravitate toward the lender that can commit, fund, and close fastest. “Our Newtek Seven Day Business LoanTM, which is funded within seven days of a completed loan application, has proven to be a great success in its early stages. After a slow January and early February, we are optimistic about our full-year origination projections and credit quality metrics. We remain comfortable with the first quarter and full year EPS guidance ranges of $0.37-$0.47 and $2.15- $2.55, respectively. On our upcoming earnings conference call scheduled for April 30, we will address
2 further diversification of loan types and credit risk while maintaining industry-leading returns on assets and tangible common equity.” 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, Accounts Receivable Financing & Inventory Financing, Insurance Solutions 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.
3 Investor Relations & Public Relations Contact: Bryce Rowe Telephone: (212) 273-8292 / browe@newtekone.com
FAQ
How many loans did NewtekOne (NEWT) originate in the first quarter of 2026?
NewtekOne originated a record 961 loans in the first quarter of 2026. This represents a 40% increase over the first quarter of 2025 and reflects stronger demand combined with process improvements, including AI-enabled underwriting and the Newtek Seven Day Business LoanTM program.
What was NewtekOne’s 1Q26 loan origination dollar volume?
NewtekOne’s first-quarter 2026 loan originations totaled approximately $391 million. This compares to $366 million in the first quarter of 2025, showing growth in both the number of loans and the total dollar volume funded during the period.
How did NewtekOne’s March 2026 loan activity compare to March 2025?
In March 2026, NewtekOne originated 500 loan units, up from 287 in March 2025. Dollar volume in March rose to roughly $230 million from $172 million, highlighting strong month-end momentum after implementing new AI-driven origination tools.
What EPS guidance did NewtekOne (NEWT) provide for 1Q26 and full-year 2026?
NewtekOne reaffirmed first-quarter 2026 EPS guidance of $0.37–$0.47 and full-year 2026 EPS guidance of $2.15–$2.55. Management stated it remains comfortable with these ranges, reflecting confidence in origination growth and expected credit performance.
How is NewtekOne using AI in its loan origination process?
NewtekOne has incorporated AI-powered resources into its loan origination process, especially supporting the Newtek Seven Day Business LoanTM. Management believes this reduces time and cost to close, improves efficiency, and helps attract higher-quality credits and additional deposits.
What is the Newtek Seven Day Business LoanTM mentioned by NewtekOne?
The Newtek Seven Day Business LoanTM is a product NewtekOne says is funded within seven days of a completed loan application. The company reports it has been successful in early stages and contributed to the surge in first-quarter 2026 loan originations and March volume.