Year-over-Year Quarterly and Year-to-Date Diluted EPS Growth Approximate 49% and 22%BOCA RATON, Fla., Oct. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (Nasdaq: NEWT) reports its financial and operating results for the three and nine month periods ended September 30, 2025. Financial Highlights for the three and nine months ended September 30, 2025: For the three months ended September 30, 2025 ("3Q25"), basic and diluted earnings per share ("EPS") were $0.68 and $0.67, respectively, vs. $0.4 ...

Core Points - Byline Bank has been recognized as the Illinois SBA 7(a) Lender of the Year for the 16th consecutive year, originating $119.6 million in 7(a) loans in fiscal year 2024, which created 742 new jobs statewide [3][5] - In addition to the 7(a) award, Byline Bank was also named the 504 Third-Party Lender of the Year for originating $47.5 million in SBA 504 loans and the Export Lender of the Year for providing $6.1 million to Illinois exporters [4][5] - Byline Bank ranks nationally as a top SBA 7(a) lender with total loans of $504.6 million in FY2024, and it is also a top lender in several other states [6][7] Company Overview - Byline Bank, headquartered in Chicago, is a full-service commercial bank with approximately $9.7 billion in assets and operates 45 branch locations in the Chicago and Milwaukee metropolitan areas [8] - The bank specializes in government-guaranteed lending, particularly in SBA and USDA financing, and is recognized as a National Preferred SBA 7(a) Lender [7][8]

Financial Performance Highlights - Second quarter earnings per share (EPS) reached $0.53 basic and $0.52 diluted, while first half EPS exceeded the midpoint of guidance at $0.89 basic and $0.87 diluted respectively[9] - NewtekOne maintains its 2025 EPS guidance range of $2.10-$2.50, projecting an annual EPS growth of 17% at the midpoint[9] - Net income increased by 27% year-over-year, from $10.5 million to $13.3 million[11] - Diluted EPS increased by 21% year-over-year, from $0.43 to $0.52[11] - The company's efficiency ratio improved from 66.3% to 60.3% year-over-year[9, 48] Balance Sheet and Loan Portfolio - Business deposits increased by $50 million, a 19% increase quarter-over-quarter[9] - Total loans increased from $1.33 billion to $2.07 billion year-over-year[21] - Newtek Bank's loans held for investment (HFI) increased by 70% year-over-year, from $451.8 million to $767.8 million[11] - Alternative Loan Program (ALP) loans held for sale (HFS) increased by 114% year-over-year, from $64.4 million to $138.0 million[11] Credit Quality and Loan Sales - Newtek Bank sold $23.5 million of SBA 504 loans and $42.1 million of guaranteed portions of SBA 7(a) loans in 2Q25[9] - The company completed a securitization of ALP loans in April, issuing $184 million of notes backed by $216 million of ALP loans[25] - The weighted average net premium received on the sale of guaranteed portions of SBA 7(a) loans was 111%[52]