secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001628280-26-028891
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne reports 1Q26 EPS $0.43, YoY +19-23%; deposits up 92% YoY; reaffirms FY26 guidance
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- Basic/diluted EPS $0.43 vs $0.36/$0.35 YoY; net income before taxes $17.1M, up 46.7%.
- Deposits ~$1.9B, up 92% YoY; business deposits +66%, consumer deposits +88% YoY; 10,000+ accounts opened.
- Closed $295M securitization (NALP 2026-1) backed by $342M ALP loans; 10x oversubscribed; 32 institutions.
- Shifted C&I LA loan origination to Newtek Bank; paid down $0 warehouse facilities; NPLs stable at ~$54M.
- Reaffirmed 2026 EPS guidance $2.15-$2.55; set 2027 EPS growth target of 10% implying $2.40-$2.80.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026028891/0001628280-26-028891-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026028891/newt-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-028891

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