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NewtekOne, Inc. Upsizes Additional Warehouse Facility to Support Growth of ALP Business
Globenewswire· 2025-07-29 12:30
BOCA RATON, Fla., July 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne”) (NASDAQ: NEWT) announced that its consolidated subsidiary, Newtek ALP Holdings, amended its revolving credit facility with Capital One, N.A. (“Capital One”), which is employed to fund the origination of Alternative Loan Program (“ALP”) loans before they are placed into securitizations. The amendment provides for, among other things, a facility increase from $60 million to $100 million and a maturity extension of two years. The ...
NewtekOne (NEWT) Q2 Earnings Surpass Estimates
ZACKS· 2025-07-28 22:11
NewtekOne (NEWT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.00%. A quarter ago, it was expected that this provider of financial and business services to small-and medium-sized business would post earnings of $0.34 per share when it actually produced earnings of $0.35, deliverin ...
NewtekOne(NEWT) - 2025 Q2 - Earnings Call Transcript
2025-07-28 21:32
NewtekOne (NEWT) Q2 2025 Earnings Call July 28, 2025 04:30 PM ET Company ParticipantsBarry Sloane - President, Chairman & CEOFrank DeMaria - EVP & CFOTim Switzer - Vice PresidentCrispin Love - Director - Equity ResearchSteve Moss - DirectorChristopher Nolan - SVP - Equity ResearchConference Call ParticipantsMarc Silk - CEO, Investment Advisor, Portfolio Manager & AnalystOperatorGood day, and thank you for standing by. Welcome to the Newtek One Inc. Second Quarter twenty twenty five Earnings Conference Call. ...
NewtekOne(NEWT) - 2025 Q2 - Earnings Call Transcript
2025-07-28 21:30
NewtekOne (NEWT) Q2 2025 Earnings Call July 28, 2025 04:30 PM ET Speaker0Good day, and thank you for standing by. Welcome to the Newtek One Inc. Second Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session.To withdraw your question, please press 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker ...
NewtekOne EPS Jumps 21 Percent in Q2
The Motley Fool· 2025-07-28 21:07
NewtekOne (NEWT 0.94%), a digital-first business financial solutions provider focused on small and medium-sized businesses (SMBs), released its earnings report for the quarter ended June 30, 2025, on July 28, 2025. The company reported diluted earnings per share (GAAP) of $0.52, in line with analyst forecasts. Total revenue (GAAP) came in at $70.2 million, missing consensus estimates by $3.7 million, or about 5%. Year over year, GAAP diluted earnings per share rose 21%. Revenue increased 15% year over year. ...
NewtekOne(NEWT) - 2025 Q2 - Earnings Call Presentation
2025-07-28 20:30
NASDAQ: NEWT July 28, 2025 Second Quarter 2025 Financial Results Conference Call Hosted and Presented by: Barry Sloane, CEO & President Frank M. DeMaria, CFO, NewtekOne, Inc. M. Scott Price, CFO, Newtek Bank, N.A. Investor Relations Bryce Rowe browe@newtekone.com (212) 273-8292 www.newtekone.com Note Regarding Forward-Looking Statements Certain statements in this presentation and made during this conference call include statements about our plans and future prospects for NewtekOne, Inc and our consolidated ...
NewtekOne, Inc. Reports Basic and Diluted EPS of $0.53 and $0.52 for the Three Months Ended June 30, 2025
Globenewswire· 2025-07-28 20:00
BOCA RATON, Fla., July 28, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (Nasdaq: NEWT) reports its financial and operating results for the three months ended June 30, 2025 ("2Q25"). Financial Highlights for 2Q25 Basic and diluted earnings per share ("EPS") were $0.53 and $0.52, respectively, vs. $0.43 and $0.43, respectively, for 2Q24, reflecting Y/Y increases of 23% and 21%, respectively.Book value per common share ended 2Q25 at $11.11, up Y/Y and Q/Q by 12.9% and 3.5%, respectively.Tangible bo ...
NewtekOne, Inc. Upsizes Warehouse Facility to Support Growth of ALP Business
Globenewswire· 2025-06-18 12:30
Core Viewpoint - NewtekOne, Inc. announced an amendment and increase of its revolving credit facility with Deutsche Bank AG to $170 million, which supports the origination of Alternative Loan Program loans before securitization [1][2] Group 1: Company Developments - Newtek ALP Holdings, a consolidated subsidiary of NewtekOne, has amended its credit facility with Deutsche Bank, which has been a partner since 2019 [1][2] - The company recently closed a $184 million securitization backed by $216 million of ALP loans, marking its third asset-backed securitization secured by ALP loans and the 16th rated securitization overall [1] Group 2: Leadership Commentary - Barry Sloane, Chairman, President, and CEO, expressed appreciation for Deutsche Bank's ongoing support, highlighting its importance to the growth of the ALP business and overall financial performance of the company [2] Group 3: Business Solutions Offered - NewtekOne provides a range of business and financial solutions, including banking, business lending, SBA lending solutions, electronic payment processing, accounts receivable financing, inventory financing, insurance solutions, payroll and benefits solutions, and technology solutions [3]
NewtekOne: Elevated Risk Profile Implies Cheap Valuation
Seeking Alpha· 2025-06-16 11:44
Group 1 - NewtekOne has an elevated risk profile as a bank due to its chosen business model, which affects its stock performance and equity risk premium [1] - The company faces risks similar to those affecting individual investors with specific interests in investment opportunities [1] Group 2 - The article is primarily aimed at advancing personal understanding and sharing knowledge about investment opportunities [1]
NewtekOne, Inc. to Report Second Quarter 2025 Results and Host a Conference Call on Monday, July 28, 2025
GlobeNewswire News Room· 2025-06-02 12:30
Core Viewpoint - NewtekOne, Inc. is set to report its second quarter 2025 financial results on July 28, 2025, with expectations of continued progress in its business plan [1][2]. Group 1: Financial Results Announcement - The company will release its second quarter 2025 financial results after market close on July 28, 2025 [1]. - A conference call to discuss these results will be hosted by key executives at 4:30 pm ET on the same day [1][2]. - Investors can pre-register for the conference call to receive dial-in information and access the webcast [2]. Group 2: Business Overview - NewtekOne is a financial holding company that provides a variety of business and financial solutions to independent business owners across all 50 states [3]. - The company has been operational since 1999, offering cost-efficient products and services aimed at helping businesses grow sales, control expenses, and reduce risk [3]. Group 3: Services Offered - NewtekOne's services include banking, business lending, SBA lending solutions, electronic payment processing, accounts receivable financing, inventory financing, insurance solutions, and payroll and benefits solutions [4]. - The company also provides technology solutions such as cloud computing, data backup, storage and retrieval, IT consulting, and web services through its subsidiary Intelligent Protection Management Corp. [4].