Recent Updates — NEWTP
NewtekOne reported third-quarter basic and diluted earnings per share of $0.34, down from $0.68 in the prior-year period. The company maintained its full-year 2026 EPS guidance range of $1.70 to $1.80. Net interest income rose 30% year-over-year to $19 million, while total deposits grew 126% annually to $2.5 billion. Tangible book value per common share increased 9.6% year-over-year to $12.30. The company also paid a quarterly cash dividend of $0.19 per common share and $0.53125 per depositary share representing Series B preferred stock. NewtekOne operates as a financial holding company providing banking, lending, and technology solutions to independent business owners.
On October 19, 2026, NewtekOne entered into Note Exchange Agreements to swap $24 million of its outstanding 8.125% Senior Notes due 2027 for newly issued 8.125% Fixed Rate Senior Notes maturing on February 1, 2029. The new notes pay interest quarterly in arrears and are subject to redemption at par after February 1, 2028. The exchange became effective on October 20, 2026, as a private placement with institutional accredited investors. The remaining $26 million of the original Senior Notes is expected to be repaid upon their maturity date in February 2027. NewtekOne operates in the financial services industry, providing small business lending and asset management solutions.
NewtekOne, Inc. declared a quarterly cash dividend of $0.19 per share on its common stock and a dividend of $21.25 per Series B Preferred Share ($0.53125 per depositary share). The dividends are payable on October 1, 2026, to shareholders of record as of September 24, 2026. NewtekOne operates in the financial services industry, providing banking, lending, payment processing, and technology solutions to independent business owners.
NewtekOne, Inc. announced an amendment to the employment agreement of Chief Financial Officer Frank DeMaria, effective August 16, 2026. The amendment modifies his severance entitlement to one times his annual base compensation in the event of termination without Just Cause. NewtekOne operates in the financial services industry, providing lending and asset management solutions.
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.