NewtekOne, Inc. reported a positive earnings surprise and demonstrated strong performance in loan securitizations and deposit growth. However, challenges remain due to a tougher credit environment and ongoing issues with the NSBF portfolio. The company is proactively managing these challenges but acknowledges potential impacts from regulatory changes.

Company Guidance -

Q1 2025

During the NewtekOne, Inc. First Quarter 2025 Earnings Conference Call, significant guidance was provided regarding financial performance and future expectations. The company reported a diluted earnings per share (EPS) of $0.35, beating the consensus estimate of $0.31, and maintained an annual EPS forecast of $2.10 to $2.50, indicating a projected annual EPS growth of 17%. The return on assets for the first quarter was 1.18%, compared to an average of 90 basis points for similarly sized banks. The provision for loan losses was increased, reflecting the company's anticipation of credit headwinds. The company also highlighted a shift in loan origination strategy, focusing on holding government-guaranteed SBA loans longer to benefit from high coupon rates. Additionally, NewtekOne reported a 47% increase in shareholder equity over two years and emphasized its unique business model, which relies heavily on non-interest income and digital banking solutions. The call also addressed the impact of recent SBA changes on gain-on-sale margins, with potential effects anticipated in Q3 and Q4. The management provided a detailed breakdown of the fair value gains, noting that $8 million was attributed to SBA loans and the remainder primarily to the Alternative Loan Program (ALP). The company projected growth in core deposits, with a shift towards more business deposits, and anticipated a slight decrease in the average cost of deposits to 3.8%-3.85% for the full year.

Earnings Beat Expectations

First quarter 2025 earnings beat expectations with $0.35 diluted earnings per share, exceeding the consensus of $0.31.

Strong Loan Securitization Performance

Successful securitization of approximately $215 million of loans with a 570 basis point spread, indicating strong performance in the Alternative Loan Program.

Deposit Growth and Cost Management

Continued growth in core deposits with an expected decrease in the average cost of deposits from 4% to 3.8%-3.85% for 2025.

Improved Efficiency Ratio

Efficiency ratio improved from 71% to 62%, highlighting cost management and scalability of the digital banking model.

Pre-Provision Net Revenue Growth

Pre-provision net revenue increased by 47% year-over-year, driven by non-interest income activities.

Newtek Business (NEWT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NEWT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 12, 2025	2025 (Q2)	0.52 / -	0.43	―	―	―
May 06, 2025	2025 (Q1)	0.35 / 0.35	0.38	-7.89% (-0.03)
Feb 26, 2025	2024 (Q4)	0.66 / 0.69	0.53	30.19% (+0.16)
Nov 06, 2024	2024 (Q3)	0.43 / 0.45	0.38	18.42% (+0.07)
Aug 05, 2024	2024 (Q2)	0.41 / 0.43	0.26	65.38% (+0.17)
May 06, 2024	2024 (Q1)	0.22 / 0.38	0.45	-15.56% (-0.07)
Mar 06, 2024	2023 (Q4)	0.58 / 0.53	0.06	783.33% (+0.47)
Nov 07, 2023	2023 (Q3)	0.36 / 0.38	0.62	-38.71% (-0.24)
Aug 02, 2023	2023 (Q2)	0.28 / 0.26	0.75	-65.33% (-0.49)
May 08, 2023	2023 (Q1)	0.36 / 0.45	0.72	-37.50% (-0.27)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NEWT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2025	$9.54	$9.91	+3.88%
Feb 26, 2025	$12.00	$12.78	+6.50%
Nov 06, 2024	$14.12	$13.76	-2.55%
Aug 05, 2024	$11.91	$12.00	+0.76%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Newtek Business Services (NEWT) report earnings?

Newtek Business Services (NEWT) is schdueled to report earning on Aug 12, 2025, After Close (Confirmed).

What is Newtek Business Services (NEWT) earnings time?

Newtek Business Services (NEWT) earnings time is at Aug 12, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NEWT EPS forecast?

NEWT EPS forecast for the fiscal quarter 2025 (Q2) is 0.52.

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