secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001587987-23-000103
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798723000103/0001587987-23-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798723000103/newt-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001587987-23-000103

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer