secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K/A
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001587987-24-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne reports audited FY 2023 EPS $1.89 diluted; Q4 EPS $0.43
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- Full year 2023 net income $47.3M, diluted EPS $1.88; Q4 net income $10.8M, EPS $0.43.
- SBA 7(a) loan fundings Q4: $260.7M (+24.2% QoQ); FY $815M; forecasts $925M for 2024.
- Newtek Bank: Q4 NIM 4.43% (up from 3.49% QoQ); ROTCE 66.3%; deposits $463.5M (+227% YoY).
- Company forecasts FY 2024 EPS $1.80-$2.00; to update with Q1 2024 release.
- Capital ratios: CET1 16.2%, total capital 19.1%, leverage 13.6% at year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000055/0001587987-24-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000055/newt-20240305.htm
  HTML page:      https://secwatch.observer/filing/0001587987-24-000055

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