secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2025-04-09T23:59:59+00:00
Accession:  0001587987-25-000065
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne provides 1Q25 loan/deposit metrics; reiterates 2025 EPS guidance of $2.10-$2.50
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- SBA 7(a) originations: 580 loans for $213M in 1Q25 vs 489 loans for $212M in 1Q24.
- CRE loans HFI grew 20% Q/Q to $231M; combined CRE/C&I portfolio projected at ~$464M year-end (94% Y/Y).
- Deposits at Newtek Bank ended 1Q25 at ~$1.06B, up 88% YoY and 2% Q/Q; wholesale deposits down 32% Q/Q.
- Reiterated 2025 EPS guidance of $2.10-$2.50; loan and deposit volumes tracking at or above projections.
- ALP originations $68.5M in 1Q25; full-year 2025 ALP originations estimated at $500M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000065/0001587987-25-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000065/newt-20250408.htm
  HTML page:      https://secwatch.observer/filing/0001587987-25-000065

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