Compared to Estimates, NewtekOne (NEWT) Q1 Earnings: A Look at Key Metrics

Core Insights - NewtekOne (NEWT) reported revenue of $66.33 million for Q1 2025, a year-over-year increase of 13.8% [1] - The EPS for the same period was $0.35, down from $0.38 a year ago, with a surprise of +2.94% compared to the consensus estimate of $0.34 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $64.67 million, resulting in a surprise of +2.58% [1] Financial Performance Metrics - Efficiency Ratio was 62.1%, better than the average estimate of 67.6% from two analysts [4] - Net Interest Margin remained stable at 3%, matching the average estimate [4] - Noninterest income from Dividend income was $1.69 million, significantly higher than the average estimate of $0.40 million [4] - Noninterest income from Loan servicing asset revaluation was -$3.65 million, worse than the average estimate of -$1.80 million [4] - Noninterest income from Servicing income was $5.53 million, exceeding the average estimate of $4.98 million [4] - Net interest income was reported at $13.93 million, surpassing the average estimate of $13.15 million [4] - Noninterest income from Electronic payment processing income was $10.61 million, slightly below the average estimate of $11.47 million [4] - Noninterest income from Other noninterest income was $7.19 million, lower than the average estimate of $11.42 million [4] - Total noninterest income reached $52.40 million, above the average estimate of $51.52 million [4] - Noninterest income from Net gains on sales of loans was $12.96 million, significantly lower than the average estimate of $20.48 million [4] Stock Performance - NewtekOne shares returned -0.3% over the past month, while the Zacks S&P 500 composite increased by +11.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]