NewtekOne Inc Pref Shs(129275526) Vorzugsaktie

NewtekOne raises its EPS guidance to USD 1.70–1.80 for 2026 and USD 2.00–2.20 for 2027. The adjustment follows a strategy to hold more guaranteed portions of SBA 7(a) loans on the balance sheet after the acquisition of Newtek Bank enabled deposit-funded financing. As a result, the share of net interest income in total revenues is expected to rise from about 21–22% to 30% or more by the end of 2027. CEO Barry Sloane cites above-average deposit generation via digital, fee-free accounts as the driver; the company is also exploring licensing options for its platforms. » More on de.investing.com

NewtekOne reported diluted EPS of $0.47 (estimate $0.475) and net interest income up 54.3% to $25.0 million. Deposits grew to $2.2 billion and assets increased 50% during the quarter, while holding-company ROAA was 2.0%. Management plans to keep more SBA‑7(a) loans on the balance sheet going forward, which will likely dampen sale gains in the near term but stabilize net interest income over the long term; accordingly, guidance will be revised within 45–60 days. The stock barely reacted, and the company also plans a securitization in Q4 of $300–400 million. » More on de.investing.com

NewtekOne has entered a strategic partnership with Payroc to offer banking and financial products to Payroc’s merchant network of more than 190,000 active merchants. Merchants will have access to NewtekOne financing from $5,000 to $15 million with terms of 10 to 25 years, as well as products such as the "Newtek Seven Day Business Loan" and "Newtek Triple Play." Additionally, deposit solutions (business checking with 1% interest, business savings with 3.50%), real-time payroll, and commercial insurance will be offered; banking products will be provided by Newtek Bank, N.A. » More on de.investing.com