NewtekOne (NEWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - NewtekOne (NEWT) reported revenue of $75.37 million for Q4 2024, a 31% year-over-year increase, with an EPS of $0.69 compared to $0.53 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - Total noninterest income was $64.07 million, surpassing the average estimate of $57.53 million from three analysts [4] - Net interest income was $11.29 million, slightly below the average estimate of $12.30 million from three analysts [4] - Noninterest income from servicing was $5.17 million, exceeding the two-analyst average estimate of $4.92 million [4] - Electronic payment processing income was $10.64 million, below the average estimate of $13.33 million from two analysts [4] - Other noninterest income was $11.74 million, compared to the two-analyst average estimate of $14.31 million [4] - Loan servicing asset revaluation resulted in a loss of $7.28 million, significantly worse than the estimated loss of $1.80 million [4] - Dividend income was $0.39 million, slightly below the average estimate of $0.42 million from two analysts [4] - Net gains on sales of loans were $28.65 million, exceeding the average estimate of $22.26 million from two analysts [4] Stock Performance - NewtekOne shares have returned -6.7% over the past month, compared to a -2.3% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]