---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-23-000103"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T09:10:20.593358+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NewtekOne Q1 EPS $0.46 beats forecast $0.41; reaffirms FY2023 EPS $1.70-$2.00

## Summary
- Net income $11.7M, $0.46 per basic share, vs forecast $0.41.
- Reiterated FY2023 EPS forecast of $1.70-$2.00; Q1 $0.46 on track.
- First quarterly dividend as financial holding company: $0.18/share paid April 14, above forecast $0.16.
- Newtek Bank deposits $224.7M at March 31, grew to ~$310M by April 28 (121% from Dec 2022).
- Total commercial loan closings $228.9M in Q1, up 12.5% YoY.

## SEC filing metadata
- accession: 0001587987-23-000103
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2023-05-09T23:59:59+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/1587987/000158798723000103/0001587987-23-000103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000103/newt-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-23-000103
- JSON: https://secwatch.observer/filing/0001587987-23-000103.json
- Plain text: https://secwatch.observer/filing/0001587987-23-000103.txt

## Key facts
- Earnings Releases
  NewtekOne, Inc. reported three months ended March 31, 2023 results: net income Net Income was $11.7 million, EPS $0.46 per basic common share.
  - Period: three months ended March 31, 2023
  - Net income: Net Income was $11.7 million
  - EPS: $0.46 per basic common share
  - Result: reported results
  source text: Net Income was $11.7 million, or $0.46 per basic common share, for the three months ended March 31, 2023, which exceeded its previously stated forecast of $0.41 per basic common share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000103/0001587987-23-000103-index.htm
- Earnings Releases
  NewtekOne, Inc. reported Full Year 2023 results: EPS $1.70 to $2.00 of earnings per share. Guidance reaffirmed.
  - Period: Full Year 2023
  - EPS: $1.70 to $2.00 of earnings per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company is reiterating previously issued earnings forecast for the full year 2023 in a range of $1.70 to $2.00 of earnings per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000103/0001587987-23-000103-index.htm

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