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Stock impact report

NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025

Newtek Business Services Corp. (NEWT) 
Last newtek business services corp. earnings: 11/6 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.newtekbusinessservices.com
Company Research Source: GlobeNewswire
BOCA RATON, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) is pleased to provide the following preliminary loan and deposit metrics for its first quarter ending March 31, 2025: SBA 7(a) loans. In 1Q25, the Company originated 580 SBA 7(a) loans totaling $213 million, which compares to 1Q24 SBA 7(a) originations of 489 totaling $212 million. SBA 7(a) loans held for investment (“HFI”) within Newtek Bank, N.A. (“Newtek Bank”) stood at roughly $407 million as of March 31, up 7% from December 31, 2024 and 90% from March 31, 2024. NewtekOne continues to project SBA 7(a) originations for 2025 at $1 billion.Commercial Real Estate (“CRE”) and Commercial & Industrial (“C&I”) loans. Newtek Bank originated $41 million and $23 million of CRE and C&I loans HFI in 1Q25. Newtek Bank’s CRE and C&I loans HFI portfolio totaled $231 million and $51 million, respectively, at March 31. Q/Q growth in the CRE portfolio was particularly strong at 20% while sequential Show less Read more
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