Earnings Releases·Oct 28, 2026, 4:05 PM ET

NewtekOne, Inc. — 3Q26 Earnings Summary

**Headline Financial Results:** EPS declined to $0.34 (down from $0.68 YoY) and net income fell to $10.7 million (down from $17.9 million YoY) due to lower noninterest income and higher credit provisions; however, net interest income rose 30% YoY to $18.9 million, and total assets grew 47% YoY to $3.53 billion.
**Balance Sheet Growth:** Total deposits surged 77% YoY to $2.51 billion, while loans on the balance sheet increased 46% YoY to over $2.7 billion, with funded loans up 12% year-to-date.
**Guidance and Outlook:** The company maintained its 2026 EPS guidance range of $1.70 to $1.80 and plans to launch a fifth C&I LA loan securitization in Q1 2027, noting no downgrades on previous securitizations.
**Strategic Initiatives:** Management is exploring strategic alternatives to better recognize the platform's value in the market, citing a shift toward recurring net interest income by holding more SBA 7(a) loans on the balance sheet.
**Capital Returns:** The company paid a $0.19 per share quarterly common dividend and a $21.25 per share Series B Preferred dividend in October 2026.