secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001587987-23-000174
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne Q2 net income $6.9M ($0.26 EPS); reaffirms FY2023 EPS guidance $1.70-$2.00
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- Net income $6.9M, EPS $0.26 for Q2 2023; met previously issued forecast.
- Net interest income $5.7M, up from $4.6M in Q1 2023; total assets $1.4B.
- Newtek Bank deposits $447.4M, up 220.6% from Dec 2022; insured deposits 90.3%.
- SBA 7(a) fundings $195.9M in Q2, down 2.3% YoY; FY2023 forecast $875M (+12.8% YoY).
- Dividend $0.18/share paid July 21; updated capital ratios: total risk-based 15.1%, Tier-1 leverage 10.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798723000174/0001587987-23-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798723000174/newt-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001587987-23-000174

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