secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001587987-24-000243
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne forecasts $1.9B loan originations in 2025 (+36% YoY); reaffirms EPS guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000243/0001587987-24-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798724000243/newt-20241206.htm
  HTML page:      https://secwatch.observer/filing/0001587987-24-000243

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