Financial Performance - The company reported a significant increase in revenue, reaching $1.5 billion, representing a 20% year-over-year growth[4]. - The company provided an optimistic outlook, projecting revenue growth of 15% for the next fiscal year, targeting $1.725 billion[4]. - The company has set a performance guidance of $1.6 billion for the next quarter, reflecting a 10% increase compared to the current quarter[4]. - The company reported a consistent return on average assets of 1.8% in Q1 2023, with projections indicating growth to 2.1% in Q2 2023[21]. - NewtekOne's return on average equity was 20.2% in Q1 2023, expected to rise to 20.9% in Q2 2023[21]. - The company reported a net interest income of $22.7 million from a $300 million loan pool, which is non-GAAP defined as interest received on loans less interest paid on securitized debt[59]. - The company has experienced a consistent increase in net interest income, indicating strong operational performance[59]. - The company reported a GAAP net income of $9,650,000 for the quarter ending March 31, 2024, with an adjusted net income of $9,250,000[67]. - Total income for the quarter was $58,273,000, showing a solid revenue generation capability[67]. - Net income for the quarter ending March 31, 2023, was $18,550 million, with a return on average tangible common equity of 36.3%[65]. User Growth and Customer Engagement - User data showed a total of 5 million active users, up from 4 million in the previous quarter, indicating a 25% increase[4]. - Customer retention rates improved to 85%, up from 80% last year, showcasing enhanced user satisfaction[4]. - Customers visit their depositary source 3-5 times per week and 12-20 times per month primarily to manage money and check account balances[12]. - The company generates approximately 600 new referrals per day as a client acquisition tool[29]. - The company aims to grow deposits by offering a superior digital experience that attracts and retains business clients[33]. Strategic Initiatives and Market Expansion - The company is expanding its market presence in Europe, aiming for a 30% increase in market share by the end of the next fiscal year[4]. - A strategic acquisition of a smaller tech firm was announced, expected to enhance product offerings and drive future growth[4]. - Newtek One's mission remains unchanged since its formation in 1998, focusing on providing business and financial solutions to independent business owners in the United States[8]. - The acquisition of the National Bank of New York City enhances the company's business and financial solutions offerings to independent business clients[12]. - The company is focused on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[67]. Technology and Innovation - The company emphasizes its technological advantage in banking and the use of AI to enhance service delivery[6]. - The company utilizes proprietary and patented advanced technological solutions to effectively acquire customers and manage its lending operations[10]. - The integration of AI technology is a key focus area for enhancing banking services and operational efficiency[37]. - The new offerings utilize AI to automate financial data reviews and streamline the underwriting and closing processes, enhancing efficiency[43]. - The company is focused on expanding its market presence through innovative digital applications and fully online processes for loan offerings[45]. Operational Efficiency - NewtekOne demonstrated an improving operating efficiency ratio, reaching 83% in Q1 2023, up from 76% in Q4 2022[19]. - The efficiency ratio improved to 183.1% for the quarter, showcasing better operational efficiency compared to previous periods[65]. - The efficiency ratio improved to 170.6%, showcasing better cost management compared to previous quarters[67]. - The company aims to reduce operational costs through automation and digitization[39]. - The company has automated workflows to handle growth without increasing headcount, enhancing operational efficiency[39]. Risk Management and Compliance - The company highlighted risks related to economic conditions and regulatory changes that could impact future performance[4]. - The company has built-in regulatory compliance workflows that are fully compliant with banking regulations and audit requirements[41]. - The company emphasizes that AI is not used for loan decisioning or direct conversations with applicants, ensuring compliance and risk management[43]. Financial Metrics and Shareholder Value - The company's book value per share has increased by 45% from $8.06 to $11.72 since transitioning to a financial holding company in Q1 2023[16]. - Tangible common book value per share has risen by 62% from $6.92 to $11.22 during the same period[16]. - The company has distributed $2.05 of common dividends per share over the eleven quarters since the transition[16]. - The tangible book value per common share rose to $170.199, demonstrating growth in shareholder value[65]. - The average total shareholders' equity increased to $1,287,831,000, reflecting a growth trend in shareholder value[67].

Core Viewpoint - NewtekOne, Inc. has successfully closed a $295 million securitization backed by $342 million of Alternative Loan Program (ALP) loans, marking its 17th and largest rated securitization to date [1][2]. Securitization Details - The securitization, named NALP Business Loan Trust 2026-1, involved the sale of $251.88 million in Class A Notes, $35.88 million in Class B Notes, and $6.84 million in a Class C Note, collectively known as the Notes [2]. - The Notes are secured by $341.78 million in collateral, which includes $284.38 million of Company-originated ALP loans and a $57.4 million prefunding account for acquiring additional ALP loans [2]. - The securitization was oversubscribed by approximately ten times, with 32 institutions participating in the purchase of the Notes [2]. ALP Loan Characteristics - ALP loans are characterized as longer amortizing commercial and industrial (C&I) loans, with repayments primarily sourced from the underlying businesses rather than collateral [3]. - The Company mandates that equity owners with 20% or greater stakes personally guarantee the loans, and all business assets are pledged as collateral [3]. - ALP loans typically incur prepayment penalties of 5% for the first three years and 3% for months 36-48, appealing to borrowers seeking long-term amortization [3]. Financial Performance and Strategy - The Company has originated approximately $850 million in ALP loans since 2019, with only six defaults and one charge-off of $6 million, indicating a strong performance in loan origination [4]. - The Class A Notes received a rating of "A (low) (sf)" with a yield of 5.796%, while Class B and Class C Notes received ratings of "BBB (sf)" and "BB (sf)" with yields of 7.296% and 10.146%, respectively [5]. - The weighted average yield of the Notes was 6.08%, with a weighted average spread of 243 basis points, an improvement from the previous year's securitization [5]. Management Commentary - The CEO expressed satisfaction with the completion of the fourth securitization and emphasized the importance of ALP loans in the Company's financial solutions and performance [4]. - The Company aims to continue issuing securitizations backed by ALP loans, highlighting the favorable spreads between loan yields and debt coupons, which support the retirement of securitization debt [4]. - The Company positions itself as a long-term capital provider to independent business owners, contrasting with competitors that offer high-interest, short-term loans [6].

Core Viewpoint - NewtekOne, Inc. is set to report its fourth quarter 2025 financial results on January 29, 2026, with a conference call scheduled to discuss these results [1]. Group 1: Financial Results Announcement - The company will release its fourth quarter 2025 financial results after market close on January 29, 2026 [1]. - A conference call will be hosted by the CEO Barry Sloane and CFO Frank DeMaria at 4:30 pm ET on the same day [1]. Group 2: Participation Details - Interested participants are encouraged to pre-register online for the conference call to receive a dial-in number or to listen to the webcast [2]. - A corresponding earnings presentation will be available in the 'Event & Presentations' section of the Investor Relations portion of NewtekOne's website [2]. - A replay of the call and the presentation will be accessible on the company's website for one year following the live event [2]. Group 3: Company Overview - NewtekOne, Inc. is a financial holding company that provides a wide range 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 4: Business Solutions Offered - NewtekOne's solutions 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].

Core Viewpoint - NewtekOne, Inc. has extended the expiration date for its Exchange Offer of outstanding 5.50% Notes due 2026 to January 23, 2026, allowing additional time for holders to exchange their Old Notes for newly issued 8.50% Fixed Rate Senior Notes due 2031 [1][2]. Group 1: Exchange Offer Details - The Exchange Offer will now expire at 5:00 p.m. Eastern time on January 23, 2026, unless further extended or terminated [2]. - To participate in the Exchange Offer, Old Notes must be validly tendered and not withdrawn by the Expiration Date [2]. - The settlement date for the Exchange Offer is expected to be January 28, 2026, following the Expiration Date [2]. Group 2: Interest Payment Information - Holders of Old Notes as of the January 15, 2026 record date will receive the final interest payment before the scheduled maturity on February 1, 2026, regardless of whether they participate in the Exchange Offer [3]. - The first interest payment on the New Notes will be net of the interest paid on the Old Notes from the Settlement Date to the February 1, 2026 interest payment date of the New Notes [3]. Group 3: Exchange Offer Conditions - All other terms of the Exchange Offer remain unchanged, with the only modification being the extended Expiration Date [4]. - U.S. Bank Trust Company, National Association is the Exchange Agent, while Alliance Advisors serves as the Information Agent, and Lucid Capital Markets, LLC is the Dealer Manager for the Exchange Offer [5].

Core Viewpoint - NewtekOne is hosting its 2026 Investor Day to present financial forecasts and strategic advantages to investors [1][2]. Group 1: Event Overview - The event is being led by Bryce Rowe, Vice President of Investor Relations, and features key presentations from company executives [2]. - Presenters include Barry Sloane (Chairman, CEO, and President), Frank DeMaria (EVP and CFO), Peter Downs (President of Newtek Bank, N.A.), and Andrew Kaplan (Chief Strategy Officer) [2][3]. Group 2: Presentation Structure - The financial presentation will cover the 2026 forecast, led by Barry and Frank [3]. - Andrew will discuss the Newtek Advantage, highlighting the company's unique value proposition [3]. - Peter will provide insights into Newtek's banking operations [3].

Summary of NewtekOne Investor Day Conference Call Company Overview - **Company Name**: NewtekOne - **Founded**: 1998, originally as a small business solutions provider - **Current Structure**: Technology-enabled financial holding company regulated by the Fed, with a focus on providing business and financial solutions to independent business owners [4][7] Core Business Model - **Mission**: To provide business and financial solutions to independent business owners, enhancing their success [5] - **Services Offered**: - Depository solutions through banking - Business loans - Payment processing - Payroll services - Insurance agency services - **Client Base**: Approximately 80,000 independent business owners across the U.S. [8][9] Financial Performance - **Stock Price**: Historical fluctuations noted, with transparency about current stock performance [11] - **Risk Management**: Emphasis on managing risk effectively, with wider lending margins allowing for larger provisions for credit losses [12][13] - **Growth Metrics**: - Tangible book value per common share increased by 62% in less than three years [21] - Revenue growth driven by non-interest income, comprising roughly 80% of total revenue [23] - Efficiency ratio improved from over 80% to below 60% post-bank acquisition [24] 2026 Forecast - **Earnings Per Share (EPS)**: Projected range of $2.15-$2.55 - **Loan Originations**: - 7(a) loans: $1 billion - ALP or C&I loans: $500 million - SBA 504 loans: $175 million - Net growth in C&I and CRE portfolio: $150 million [27] Technological Advancements - **Newtek Advantage**: A cloud-based, user-friendly platform integrating various financial services for independent business owners, enhancing client experience [30][34] - **AI Utilization**: AI is used for analytics and streamlining processes, such as transcribing pre-qualification calls to create credit templates [52][53] - **NewTracker System**: A proprietary system developed for managing referrals, loan processing, and customer interactions, fully compliant with regulatory needs [48][55] Market Position and Competitive Advantage - **Unique Selling Proposition**: Newtek's integrated approach to financial services is designed to be client-centric and frictionless, addressing the interconnected needs of independent business owners [30][34] - **Scalability**: The business model is designed to scale efficiently without increasing headcount, leveraging technology to handle growth [50] - **Regulatory Compliance**: Fully compliant with banking regulations, enhancing trust and reliability in the services offered [58][63] Conclusion - NewtekOne is positioned as a leading provider of financial solutions for independent business owners, leveraging technology and a strong understanding of client needs to drive growth and profitability. The company aims to continue expanding its services and improving client experiences while maintaining a focus on risk management and regulatory compliance.

Financial Performance & Growth - Since Q1 2023, NewtekOne's book value/share has increased by 45% from $8.06 to $11.72[14] - Tangible common book value (TBV)/share has increased by 62% from $6.92 to $11.22 since Q1 2023[14] - NewtekOne has distributed $2.05 of common dividends/share over the eleven quarters since transitioning to a financial holding company[14] - The company's operating efficiency ratio has improved from over 70% in 2023 to 56.3% as of September 30, 2025[44] - Hypothetical $300 million loan pool generates $22.7 million of annual net interest income[84] Lending & Securitization - Approximately $850 million of originations across 180 loans in C&I loans held for sale since 2018[75] - The ALP securitization completed in April 2025 generates 570 bps of spread income after FV mark on securitization not including 100 bps of servicing income[75] - The advance rate for the 2026-1 securitization is 86%, with an ALP Loan Pool of $340 million[76] Newtek Advantage Platform - Newtek Bank has grown to $1.5 billion in assets (7x over three years) since acquisition[44] - The platform generates approximately 600 new referrals per day as a client acquisition tool[44] - In 2025, NewtekOne originated over $1.4 billion in loans[45]

Core Insights - NewtekOne, Inc. is hosting its "2026 Analyst and Investor Day" on January 8, 2026, at its Boca Raton headquarters, with a live webcast available for participants [1][2] - The event will feature key presentations from company executives, including Barry Sloane, who will discuss the company's technological advancements and provide EPS guidance for 2026 of $2.15 - $2.55 [2][3] Company Overview - NewtekOne is a financial holding company that offers a wide range of business and financial solutions to independent business owners across all 50 states since 1999 [4] - The company's services include banking, business lending, electronic payment processing, accounts receivable financing, insurance solutions, and technology solutions [5] Event Highlights - The Investor Day marks the three-year anniversary of Newtek's acquisition of Newtek Bank, N.A., emphasizing the transition to a technology-enabled financial holding company [3] - Barry Sloane expressed the company's commitment to leveraging technology for efficient financial services, including deposit acquisition and loan processing [3]

Core Viewpoint - NewtekOne, Inc. will host an Analyst and Investor Day on January 8, 2026, at its headquarters in Boca Raton, Florida, with a webcast available for remote participants [1]. Group 1: Event Details - The event will include a lunch with management at 12:00 PM, followed by the presentation starting at 1:00 PM [2]. - Participants interested in attending in person must email Bryce Rowe for on-site event details [2]. Group 2: Company Overview - NewtekOne is a financial holding company that provides a wide range of business and financial solutions to independent business owners across all 50 states since 1999 [3]. - The company offers various services including banking, business lending, electronic payment processing, insurance solutions, and technology solutions [4].

Company Overview - NewtekOne, Inc. (NEWT) is the holding company of Newtek Bank, which specializes in issuing SBA loans, particularly SBA 7(a) loans that have a principal and interest guarantee ranging from 50% to 90% from the Small Business Administration [1] Investment Focus - The Investment Doctor emphasizes a portfolio strategy that includes a mix of dividend and growth stocks, targeting a 5-7 year investment horizon [1] - The investment group European Small Cap Ideas, led by The Investment Doctor, provides exclusive access to actionable research on European small-cap investment opportunities [1] Portfolio Features - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content on European investment opportunities [1] - An active chat room is available for discussions regarding the latest developments of the portfolio holdings [1]