Earnings ·
NewtekOne, Inc. reported second quarter 2026 results with basic and diluted earnings per share of $0.48 and $0.47…
NEWTZNewtekOne, Inc.
NewtekOne, Inc. reported second quarter 2026 results with basic and diluted earnings per share of $0.48 and $0.47, respectively, compared to $0.53 and $0.52 in the prior year period. The company achieved a book value per common share of $12.64 and an efficiency ratio of 58.4%. Total assets grew to $3.18 billion, driven by a 124% year-over-year increase in core consumer deposits to $951 million. Loan originations included $104 million in C&I LA loans, $208 million in SBA 7(a) loans, and $49 million in SBA 504 loans. The company also paid a quarterly cash dividend of $0.19 per common share on July 1, 2026. NewtekOne operates as a financial holding company providing banking, lending, payment processing, and technology solutions to independent business owners.