NewtekOne (NASDAQ:NEWT) Issues Earnings Results

NewtekOne (NASDAQ:NEWT) released its quarterly earnings results on Thursday. The business services provider reported $0.65 earnings per share for the quarter, meeting the consensus estimate of $0.65, FiscalAI reports. The firm had revenue of $55.85 million for the quarter, compared to analysts’ expectations of $80.01 million. NewtekOne had a return on equity of 19.93% and a net margin of 15.59%.

Here are the key takeaways from NewtekOne’s conference call:

• Strong 2025 financials and outlook — the company reported ~$80M pre-tax for 2025, total revenue of $284M (+10.6% YoY), diluted EPS of $2.18 (up ~11%), and provided 2026 guidance with a midpoint EPS of $2.35.
• Meaningful deposit and efficiency improvements — opened ~9,000 new deposit accounts (34,000 active), business deposits rose materially (≈+$164M for the year), cost of deposits declined ~16 bps, and HoldCo efficiency improved to 58.3%.
• ALP (long‑amortizing C&I) securitization momentum and attractive economics — January 2026 ALP deal was 10x oversubscribed, ALP loans show low non‑performers ($27.6M vs. ~$694M current origination balance), net spreads around ~565 bps, and structures that accelerate paydown and support fair‑value recovery.
• Legacy NSBF portfolio remains a drag though improving — NSBF losses fell to about ~$20M in 2025 (from $28.7M in 2024) and its loans now represent ~13% of the balance sheet, but stressed 2021–2023 vintages and company NPLs (~6.9%) still pose credit and earnings risk despite recent stabilization.

NewtekOne Price Performance

NASDAQ NEWT traded up $0.64 during trading hours on Thursday, reaching $14.31. The company’s stock had a trading volume of 312,477 shares, compared to its average volume of 339,862. NewtekOne has a 1 year low of $9.12 and a 1 year high of $14.91. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 5.69. The company has a market capitalization of $413.42 million, a price-to-earnings ratio of 6.42 and a beta of 1.23. The firm’s 50-day moving average price is $12.10 and its 200-day moving average price is $11.63.

NewtekOne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 22nd were issued a $0.19 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a $0.76 dividend on an annualized basis and a yield of 5.3%. NewtekOne’s payout ratio is currently 34.08%.

Analyst Ratings Changes

A number of research analysts have weighed in on NEWT shares. Weiss Ratings reissued a “hold (c)” rating on shares of NewtekOne in a report on Thursday, January 22nd. Wall Street Zen raised shares of NewtekOne from a “sell” rating to a “hold” rating in a research report on Saturday, December 27th. Finally, Piper Sandler raised their price objective on shares of NewtekOne from $12.50 to $13.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, NewtekOne has an average rating of “Hold” and an average target price of $14.50.

Insider Activity at NewtekOne

In related news, insider Michael Adam Schwartz purchased 2,247 shares of the firm’s stock in a transaction on Wednesday, January 14th. The shares were acquired at an average price of $13.91 per share, for a total transaction of $31,255.77. Following the purchase, the insider directly owned 49,713 shares in the company, valued at $691,507.83. This trade represents a 4.73% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Barry Sloane acquired 3,595 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were bought at an average cost of $13.91 per share, with a total value of $50,006.45. Following the acquisition, the chief executive officer directly owned 1,194,180 shares in the company, valued at approximately $16,611,043.80. The trade was a 0.30% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 21,845 shares of company stock worth $258,141. Company insiders own 6.70% of the company’s stock.

Institutional Investors Weigh In On NewtekOne

A number of hedge funds have recently made changes to their positions in NEWT. Advisory Services Network LLC purchased a new position in NewtekOne during the 3rd quarter valued at approximately $46,000. Quantbot Technologies LP purchased a new position in shares of NewtekOne in the second quarter valued at $107,000. Mercer Global Advisors Inc. ADV bought a new stake in NewtekOne in the third quarter worth $191,000. BNP Paribas Financial Markets increased its position in NewtekOne by 43.3% in the third quarter. BNP Paribas Financial Markets now owns 21,484 shares of the business services provider’s stock worth $246,000 after purchasing an additional 6,489 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in NewtekOne by 33.4% during the first quarter. Royal Bank of Canada now owns 23,639 shares of the business services provider’s stock valued at $282,000 after purchasing an additional 5,916 shares in the last quarter. 38.35% of the stock is currently owned by hedge funds and other institutional investors.

About NewtekOne

NewtekOne, Inc (NASDAQ: NEWT) is a publicly traded business development company that specializes in providing financial and business services to small and medium‐sized enterprises across the United States. Operating under the trade name The Newtek Small Business Finance, the company offers a diversified array of lending solutions designed to meet the working capital, equipment acquisition and growth needs of its clients.

The company’s core lending offerings include Small Business Administration (SBA) 7(a) loans, equipment financing, lines of credit and commercial real estate financing.