earnings
confidence high
sentiment positive
materiality 0.70
NewtekOne Q1 EPS $0.35 beats guidance $0.28-$0.32; PPNR up 47% Y/Y
NewtekOne, Inc.
2025-Q1 EPS reported
$0.35
- Diluted EPS $0.35 vs $0.38 in Q1 2024; net income before taxes $11.6M, down 11.1% Y/Y.
- Pre-provision net revenue (PPNR) $25.2M, +47% Y/Y; efficiency ratio improved to 62.1% from 70.6%.
- Tangible book value per share $10.17, up 23% Y/Y and 8.3% Q/Q; book value $10.73, +13.2% Y/Y.
- CEO cites strong balance sheet growth and above-average profitability despite heavier loan loss provision.