GlobeNewsWire
30 Apr 2026, 20:01 UTC · 25w ago
NewtekOne, Inc. Reports 1Q26 Basic and Diluted EPS of $0.43
Impact · against what's priced in
NewtekOne provides a new positive growth benchmark with a 10% EPS target for 2027 and demonstrates a fundamental improvement in its funding model by shifting loan origination to bank deposits. These structural efficiencies and the long-term guidance provide a catalyst beyond the current 2026 expectations.
- NEWT+0.60
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- In context
The company established a new 2027 EPS growth target of 10% ($2.40-$2.80) and significantly improved its cost of capital by shifting C&I LA loan funding from warehouse facilities to bank deposits, which grew 92% YoY to $1.9 billion.
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