NewtekOne Q1 Earnings Beat Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Should l Buy NEWT?
Source: seekingalpha
- Earnings Beat: NewtekOne reported a Q1 GAAP EPS of $0.43, exceeding expectations by $0.01, indicating the company's stable profitability and growth potential amidst market challenges.
- Revenue Miss: Despite a 7.0% year-over-year revenue increase to $70.96 million, the figure fell short of expectations by $4.74 million, highlighting competitive pressures and fluctuating customer demand.
- Book Value Growth: The book value per common share reached $12.36 at the end of Q1, up 15.2% year-over-year and 1.4% quarter-over-quarter, reflecting improved asset quality and bolstering investor confidence.
- Debt Reduction Strategy: NewtekOne plans to retire $95 million of senior unsecured notes, aiming to optimize its capital structure and reduce financial risk, thereby providing a stronger financial foundation for future investments and growth.
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Analyst Views on NEWT
Wall Street analysts forecast NEWT stock price to rise
4 Analyst Rating
1 Buy
3 Hold
0 Sell
Hold
Current: 13.100
Low
12.50
Averages
14.50
High
18.00
Current: 13.100
Low
12.50
Averages
14.50
High
18.00
About NEWT
NewtekOne, Inc. is a financial holding company, which, along with its bank and non-bank consolidated subsidiaries, provides a range of business and financial solutions under the Newtek brand to independent business owners. The Company’s segments include Banking, Alternative Lending, NSBF and Payments. Its business and financial solutions include Banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing and Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, the Company 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). The Company’s lending solutions include term loans and revolving lines of credit. The Company’s insurance solutions include commercial insurance, personal insurance, employee benefits and life insurance.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NewtekOne to Participate in Three Investor Conferences
- Conference Schedule: NewtekOne will participate in the LD Micro Invitational XVI from May 17-19, the B. Riley Securities 26th Annual Investor Conference from May 20-21, and the Centurion One Capital Miami Summit from May 26-28, showcasing its expertise in financial solutions.
- Presentation Timing: The company is set to present at the LD Micro Invitational on May 19 at 9:00 AM Pacific Time, which is expected to attract investor interest and enhance the company's visibility within the industry.
- One-on-One Meetings: Throughout the events, NewtekOne's management will engage in one-on-one meetings, with arrangements facilitated by contacting VP of Investor Relations Bryce Rowe, which will help strengthen relationships with potential investors and promote business growth.
- Company Background: NewtekOne, a financial holding company, has been providing a wide range of business and financial solutions since 1999, including banking, business lending, and technology solutions, aimed at helping clients increase sales, control costs, and reduce risks.
See More
NewtekOne Selected for 2026 Sohn Investment Conference
- Inaugural Showcase: NewtekOne has been selected as one of only 10 emerging companies to participate in the Emerging Company Pavilion at the 2026 Sohn New York Investment Conference, highlighting its market potential and growth trajectory in the financial services sector, which is expected to attract high-quality investor interest.
- Investor Gathering: The conference will bring together over 1,000 institutional investors, hedge funds, and private investors, providing NewtekOne with a unique opportunity to engage directly with a concentrated audience, potentially enhancing its brand visibility and market recognition.
- Strategic Presentation Platform: The Emerging Company Pavilion is strategically located outside the main theater at Lincoln Center, designed to showcase emerging public companies, and NewtekOne's participation may help it stand out in the competitive financial services market.
- CEO's Confidence Statement: NewtekOne's CEO Barry Sloane expressed that this showcase is a unique opportunity to convey the company's value to sophisticated investors, emphasizing the distinctiveness of its technology-enabled financial holding company model compared to others, which could lay the groundwork for future capital raising.
See More
NewtekOne Launches Instant Payment Services for Commercial Clients
- Instant Payment Capability: Newtek Bank now offers commercial clients the ability to receive instant payments through the FedNow® Service and RTP® network 24/7, allowing real-time receipt of eligible payments with same-day interest accrual, significantly enhancing fund utilization efficiency.
- Technological Advantage: By integrating with the Newtek Advantage® online business portal, clients can execute same-day payroll, ensuring employees have access to funds on Fridays, which improves liquidity and customer satisfaction while reducing costs compared to traditional banks.
- Enhanced Customer Service: NewtekOne provides 24/7 U.S.-based customer support with a high satisfaction score of 4.8 out of 5, indicating strong recognition of its financial products and services, which further strengthens its competitive position in the market.
- Comprehensive Solutions: Clients can obtain an instant line of credit, merchant account, and bank account with a single application, integrating multiple financial services that enhance convenience and operational efficiency, thereby solidifying NewtekOne's position in the commercial financial services market.
See More
NewtekOne Q1 2026 Earnings Call Highlights
- Performance Metrics: NewtekOne reported an EPS of $0.43 for Q1 2026, aligning with the company's guidance range of $0.37 to $0.47, indicating stability and profitability amid economic uncertainties.
- Loan Growth: The company originated 961 loan units in the first quarter, a 40% year-over-year increase, totaling $391 million in loans, reflecting strong demand and sustained credit activity in the lending market.
- Deposit Account Surge: By the end of Q1 2026, NewtekOne had 37,000 deposit accounts, more than doubling year-over-year, with consumer deposits increasing by $392 million and $668 million quarter-over-quarter and year-over-year, respectively, showcasing enhanced customer trust and market share expansion.
- Net Interest Income: Despite net interest margin compression due to exceptional deposit growth, the absolute dollar amount of net interest income continues to rise, demonstrating the company's effectiveness in managing its balance sheet and potential for future profitability.
See More
NewtekOne (NEWT) Q1 2026 Earnings Transcript
See More
NewtekOne Q1 Earnings Beat Expectations
- Earnings Beat: NewtekOne reported a Q1 GAAP EPS of $0.43, exceeding expectations by $0.01, indicating the company's stable profitability and growth potential amidst market challenges.
- Revenue Miss: Despite a 7.0% year-over-year revenue increase to $70.96 million, the figure fell short of expectations by $4.74 million, highlighting competitive pressures and fluctuating customer demand.
- Book Value Growth: The book value per common share reached $12.36 at the end of Q1, up 15.2% year-over-year and 1.4% quarter-over-quarter, reflecting improved asset quality and bolstering investor confidence.
- Debt Reduction Strategy: NewtekOne plans to retire $95 million of senior unsecured notes, aiming to optimize its capital structure and reduce financial risk, thereby providing a stronger financial foundation for future investments and growth.
See More
NewtekOne to Participate in Three Investor Conferences
- Conference Schedule: NewtekOne will participate in the LD Micro Invitational XVI from May 17-19, the B. Riley Securities 26th Annual Investor Conference from May 20-21, and the Centurion One Capital Miami Summit from May 26-28, showcasing its expertise in financial solutions.
- Presentation Timing: The company is set to present at the LD Micro Invitational on May 19 at 9:00 AM Pacific Time, which is expected to attract investor interest and enhance the company's visibility within the industry.
- One-on-One Meetings: Throughout the events, NewtekOne's management will engage in one-on-one meetings, with arrangements facilitated by contacting VP of Investor Relations Bryce Rowe, which will help strengthen relationships with potential investors and promote business growth.
- Company Background: NewtekOne, a financial holding company, has been providing a wide range of business and financial solutions since 1999, including banking, business lending, and technology solutions, aimed at helping clients increase sales, control costs, and reduce risks.
See More
NewtekOne Selected for 2026 Sohn Investment Conference
- Inaugural Showcase: NewtekOne has been selected as one of only 10 emerging companies to participate in the Emerging Company Pavilion at the 2026 Sohn New York Investment Conference, highlighting its market potential and growth trajectory in the financial services sector, which is expected to attract high-quality investor interest.
- Investor Gathering: The conference will bring together over 1,000 institutional investors, hedge funds, and private investors, providing NewtekOne with a unique opportunity to engage directly with a concentrated audience, potentially enhancing its brand visibility and market recognition.
- Strategic Presentation Platform: The Emerging Company Pavilion is strategically located outside the main theater at Lincoln Center, designed to showcase emerging public companies, and NewtekOne's participation may help it stand out in the competitive financial services market.
- CEO's Confidence Statement: NewtekOne's CEO Barry Sloane expressed that this showcase is a unique opportunity to convey the company's value to sophisticated investors, emphasizing the distinctiveness of its technology-enabled financial holding company model compared to others, which could lay the groundwork for future capital raising.
See More
NewtekOne Launches Instant Payment Services for Commercial Clients
- Instant Payment Capability: Newtek Bank now offers commercial clients the ability to receive instant payments through the FedNow® Service and RTP® network 24/7, allowing real-time receipt of eligible payments with same-day interest accrual, significantly enhancing fund utilization efficiency.
- Technological Advantage: By integrating with the Newtek Advantage® online business portal, clients can execute same-day payroll, ensuring employees have access to funds on Fridays, which improves liquidity and customer satisfaction while reducing costs compared to traditional banks.
- Enhanced Customer Service: NewtekOne provides 24/7 U.S.-based customer support with a high satisfaction score of 4.8 out of 5, indicating strong recognition of its financial products and services, which further strengthens its competitive position in the market.
- Comprehensive Solutions: Clients can obtain an instant line of credit, merchant account, and bank account with a single application, integrating multiple financial services that enhance convenience and operational efficiency, thereby solidifying NewtekOne's position in the commercial financial services market.
See More
NewtekOne Q1 2026 Earnings Call Highlights
- Performance Metrics: NewtekOne reported an EPS of $0.43 for Q1 2026, aligning with the company's guidance range of $0.37 to $0.47, indicating stability and profitability amid economic uncertainties.
- Loan Growth: The company originated 961 loan units in the first quarter, a 40% year-over-year increase, totaling $391 million in loans, reflecting strong demand and sustained credit activity in the lending market.
- Deposit Account Surge: By the end of Q1 2026, NewtekOne had 37,000 deposit accounts, more than doubling year-over-year, with consumer deposits increasing by $392 million and $668 million quarter-over-quarter and year-over-year, respectively, showcasing enhanced customer trust and market share expansion.
- Net Interest Income: Despite net interest margin compression due to exceptional deposit growth, the absolute dollar amount of net interest income continues to rise, demonstrating the company's effectiveness in managing its balance sheet and potential for future profitability.
See More
NewtekOne (NEWT) Q1 2026 Earnings Transcript
See More
NewtekOne Q1 Earnings Beat Expectations
- Earnings Beat: NewtekOne reported a Q1 GAAP EPS of $0.43, exceeding expectations by $0.01, indicating the company's stable profitability and growth potential amidst market challenges.
- Revenue Miss: Despite a 7.0% year-over-year revenue increase to $70.96 million, the figure fell short of expectations by $4.74 million, highlighting competitive pressures and fluctuating customer demand.
- Book Value Growth: The book value per common share reached $12.36 at the end of Q1, up 15.2% year-over-year and 1.4% quarter-over-quarter, reflecting improved asset quality and bolstering investor confidence.
- Debt Reduction Strategy: NewtekOne plans to retire $95 million of senior unsecured notes, aiming to optimize its capital structure and reduce financial risk, thereby providing a stronger financial foundation for future investments and growth.
See More
