earnings
confidence high
sentiment positive
materiality 0.70
NewtekOne forecasts $1.9B loan originations in 2025 (+36% YoY); reaffirms EPS guidance
NewtekOne, Inc.
- Forecasts $1.4B total loan originations in FY2024, $1.9B in FY2025, a 36% increase.
- EPS guidance reaffirmed: $1.85-$2.05 for FY2024, $2.00-$2.25 for FY2025.
- Growth expected from alternative loan program, CRE/C&I conforming, and SBA 504 loans.
- SBA 504 originations forecast to double to $250M in 2025; alternative loan program to $500M.
- Loan servicing portfolio exceeds $3.5B; 75% of SBA 7(a) originations sold for gains.