---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-23-000082"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2023-04-06T23:59:59+00:00"
generated_at: "2026-06-17T05:09:18.936580+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NewtekOne reaffirms Q1 EPS midpoint of $0.41; deposits up $110M in Q1 to $251M; loan closings +12% YoY

## Summary
- Reaffirmed Q1 2023 EPS forecast of $0.41 midpoint (range $0.37-$0.45).
- Deposits grew $110M in Q1 to ~$251M at March 31, 2023; most are non-redeemable CDs.
- Total loan closings increased ~12% YoY in Q1 2023 across all lending solutions.
- SBA 7(a) gain-on-sale margins improved to 110.84% in Q1 from 108.72% in Q4 2022.
- Newtek Bank had $78M tier-one capital on ~$250M assets as of Jan 31, 2023; 30% capitalization.

## SEC filing metadata
- accession: 0001587987-23-000082
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2023-04-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000082/0001587987-23-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000082/newt-20230406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-23-000082
- JSON: https://secwatch.observer/filing/0001587987-23-000082.json
- Plain text: https://secwatch.observer/filing/0001587987-23-000082.txt

## Key facts
- Earnings Releases
  NewtekOne, Inc. reported the first quarter of 2023 results: EPS $0.41 per share with a range of $0.37 per share to $0.45 per share. Guidance reaffirmed.
  - Period: the first quarter of 2023
  - EPS: $0.41 per share with a range of $0.37 per share to $0.45 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: We are reconfirming the midpoint forecast of after-tax earnings per share for NewtekOne of $0.41 per share with a range of $0.37 per share to $0.45 per share for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000082/0001587987-23-000082-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.