secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001587987-25-000045
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne FY2024 EPS $1.96, raises FY2025 EPS forecast to $2.10-$2.50
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- FY2024 net income $50.9M, basic EPS $1.97, diluted $1.96; Q4 net income $18.3M, EPS $0.69 diluted.
- Raises FY2025 EPS forecast to $2.10-$2.50 per share from prior $2.00-$2.25.
- Net interest income $40.3M in FY2024, up 51.5% YoY; total assets $2.1B, up 50%.
- Newtek Bank deposits $1.04B at year-end, up 100% YoY; SBA 7(a) closings $954.3M, beat forecast.
- Q4 ROTCE 31.8%, ROAA 4.1%; efficiency ratio improved to 55.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000045/0001587987-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000045/newt-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001587987-25-000045

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