earnings
confidence high
sentiment neutral
materiality 0.75
NewtekOne Q2 2026 EPS $0.48/$0.47, down YoY; guidance under review
NewtekOne, Inc.
- Basic EPS $0.48, diluted $0.47 for Q2 2026, down from $0.53/$0.52 in Q2 2025; within guidance range of $0.42-$0.52.
- Book value per share $12.64 (+13.8% Y/Y); tangible book $12.13 (+15% Y/Y); efficiency ratio improved to 58.4% from 60.3%.
- Total deposits nearly doubled Y/Y; business deposits up 47% Y/Y, consumer deposits up 124% Y/Y.
- Loan originations: C&I LA $104M (+33% Y/Y), SBA 7(a) $208M, SBA 504 $49M (+88% Y/Y), CRE $41M.
- Management re-evaluating forward guidance due to evolving revenue mix toward more net interest income and less gain on sale.