---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-24-000059"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:39:35.058180+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NewtekOne Q1 loan closings up 36% to $308.6M; record approvals; reaffirms EPS guidance

## Summary
- SBA 7(a) loan closings $207.7M in Q1 2024, up 36.2% YoY from $152.5M.
- Total loan closings across all products $308.6M, up 35.8% YoY from $227.2M.
- Loan approvals reached a quarterly record of $507.7M in Q1 2024.
- Deposits increased ~$30M from March 15-31, 2024, driven by digital account openings.
- Maintains 2024 EPS guidance $1.80-$2.00 per share, calls it conservative; update due with Q1 earnings in May.

## SEC filing metadata
- accession: 0001587987-24-000059
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: other_material
- 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/1587987/000158798724000059/0001587987-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000059/newt-20240401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-24-000059
- JSON: https://secwatch.observer/filing/0001587987-24-000059.json
- Plain text: https://secwatch.observer/filing/0001587987-24-000059.txt

## Key facts
- Earnings Releases
  NewtekOne, Inc. updated its the three months ended March 31, 2024 guidance (reaffirmed).
  - Period: the three months ended March 31, 2024
  - Guidance: reaffirmed
  - Result: preliminary results
  source text: On April 1, 2024 the Company issued a press release entitled, "NewtekOne Announces Loan Closings for the First Quarter 2024."
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798724000059/0001587987-24-000059-index.htm

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