---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-25-000077"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T11:50:56.356831+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NewtekOne Q1 EPS $0.35 beats guidance $0.28-$0.32; PPNR up 47% Y/Y

## Summary
- 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.

## SEC filing metadata
- accession: 0001587987-25-000077
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000077/0001587987-25-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798725000077/newt-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-25-000077
- JSON: https://secwatch.observer/filing/0001587987-25-000077.json
- Plain text: https://secwatch.observer/filing/0001587987-25-000077.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.