NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025
NewtekOne (NASDAQ: NEWT) reports strong Q1 2025 performance with significant loan origination growth across multiple segments. The company originated 580 SBA 7(a) loans totaling $213 million, up from 489 loans in Q1 2024. Newtek Bank's loan portfolio showed remarkable growth with SBA 7(a) loans held for investment reaching $407 million, a 90% year-over-year increase.
Commercial Real Estate (CRE) and Commercial & Industrial (C&I) loans demonstrated robust growth, with CRE portfolio increasing 20% quarter-over-quarter to $231 million and C&I reaching $51 million. The company originated $68.5 million in Alternative Loan Program loans and projects $500 million in ALP originations for 2025.
Deposits grew to $1.06 billion, showing an 88% year-over-year increase, with business deposits up 8.9% and core consumer deposits growing 2.5% quarter-over-quarter. The company maintains its 2025 EPS guidance of $2.10-$2.50 per share.
NewtekOne (NASDAQ: NEWT) riporta una forte performance nel Q1 2025 con una significativa crescita nell'origine dei prestiti in diversi segmenti. L'azienda ha originato 580 prestiti SBA 7(a) per un totale di 213 milioni di dollari, rispetto ai 489 prestiti nel Q1 2024. Il portafoglio prestiti di Newtek Bank ha mostrato una crescita notevole, con prestiti SBA 7(a) detenuti per investimento che hanno raggiunto i 407 milioni di dollari, un aumento del 90% rispetto all'anno precedente.
I prestiti per immobili commerciali (CRE) e per il settore commerciale e industriale (C&I) hanno dimostrato una crescita robusta, con il portafoglio CRE in aumento del 20% trimestre su trimestre, arrivando a 231 milioni di dollari, e il C&I che ha raggiunto i 51 milioni di dollari. L'azienda ha originato prestiti per 68,5 milioni di dollari nel Programma di Prestiti Alternativi e prevede 500 milioni di dollari in origini ALP per il 2025.
I depositi sono cresciuti a 1,06 miliardi di dollari, mostrando un aumento dell'88% rispetto all'anno precedente, con i depositi aziendali in aumento dell'8,9% e i depositi core dei consumatori in crescita del 2,5% trimestre su trimestre. L'azienda mantiene la sua guida EPS per il 2025 di 2,10-2,50 dollari per azione.
NewtekOne (NASDAQ: NEWT) informa sobre un sólido desempeño en el Q1 2025 con un crecimiento significativo en la originación de préstamos en múltiples segmentos. La compañía originó 580 préstamos SBA 7(a) por un total de 213 millones de dólares, en comparación con 489 préstamos en el Q1 2024. La cartera de préstamos de Newtek Bank mostró un crecimiento notable, con préstamos SBA 7(a) mantenidos para inversión alcanzando los 407 millones de dólares, un aumento del 90% interanual.
Los préstamos para Bienes Raíces Comerciales (CRE) y para el sector Comercial e Industrial (C&I) demostraron un crecimiento robusto, con la cartera CRE aumentando un 20% trimestre a trimestre hasta alcanzar los 231 millones de dólares y el C&I alcanzando los 51 millones de dólares. La compañía originó 68,5 millones de dólares en préstamos del Programa de Préstamos Alternativos y proyecta 500 millones de dólares en originaciones ALP para el 2025.
Los depósitos crecieron a 1,06 mil millones de dólares, mostrando un aumento del 88% interanual, con depósitos comerciales en aumento del 8,9% y depósitos core de consumidores creciendo un 2,5% trimestre a trimestre. La compañía mantiene su guía de EPS para 2025 de 2,10-2,50 dólares por acción.
NewtekOne (NASDAQ: NEWT)는 2025년 1분기 강력한 실적을 보고하며 여러 부문에서 대출 원활화가 크게 증가했다고 전했습니다. 이 회사는 2024년 1분기의 489건에서 증가한 213백만 달러에 해당하는 580건의 SBA 7(a) 대출을 원활히 했습니다. Newtek Bank의 대출 포트폴리오는 투자용으로 보유된 SBA 7(a) 대출이 4억 7백만 달러에 이르며 전년 대비 90% 증가하는 놀라운 성장을 보였습니다.
상업용 부동산(CRE) 및 상업 및 산업(C&I) 대출은 견고한 성장을 보여주었으며, CRE 포트폴리오는 분기 대비 20% 증가하여 2억 3천 1백만 달러에 도달했고 C&I는 5천 1백만 달러에 도달했습니다. 이 회사는 대체 대출 프로그램에서 6천 850만 달러를 원활히 했으며 2025년을 위한 ALP 원활화로 5억 달러를 예상하고 있습니다.
예금은 10억 6천만 달러로 증가하여 전년 대비 88% 증가했으며, 비즈니스 예금은 8.9% 증가하고 핵심 소비자 예금은 분기 대비 2.5% 증가했습니다. 이 회사는 2025년 주당 EPS 가이던스를 2.10-2.50달러로 유지하고 있습니다.
NewtekOne (NASDAQ: NEWT) rapporte une performance solide au T1 2025 avec une croissance significative de l'origine des prêts dans plusieurs segments. L'entreprise a originé 580 prêts SBA 7(a) totalisant 213 millions de dollars, en hausse par rapport à 489 prêts au T1 2024. Le portefeuille de prêts de Newtek Bank a montré une croissance remarquable, avec des prêts SBA 7(a) détenus pour investissement atteignant 407 millions de dollars, soit une augmentation de 90% d'une année sur l'autre.
Les prêts pour l'immobilier commercial (CRE) et les prêts commerciaux et industriels (C&I) ont montré une forte croissance, le portefeuille CRE augmentant de 20% d'un trimestre à l'autre pour atteindre 231 millions de dollars et le C&I atteignant 51 millions de dollars. L'entreprise a originé 68,5 millions de dollars de prêts dans le cadre du Programme de Prêts Alternatifs et prévoit 500 millions de dollars d'origines ALP pour 2025.
Les dépôts ont augmenté pour atteindre 1,06 milliard de dollars, affichant une augmentation de 88% d'une année sur l'autre, avec des dépôts commerciaux en hausse de 8,9% et des dépôts de consommateurs de base en hausse de 2,5% d'un trimestre à l'autre. L'entreprise maintient son objectif de BPA pour 2025 entre 2,10 et 2,50 dollars par action.
NewtekOne (NASDAQ: NEWT) berichtet über eine starke Leistung im Q1 2025 mit signifikantem Wachstum bei der Kreditvergabe in mehreren Segmenten. Das Unternehmen hat 580 SBA 7(a) Kredite im Gesamtwert von 213 Millionen Dollar vergeben, ein Anstieg von 489 Krediten im Q1 2024. Das Kreditportfolio von Newtek Bank zeigte bemerkenswertes Wachstum, wobei die für Investitionen gehaltenen SBA 7(a) Kredite 407 Millionen Dollar erreichten, was einem Anstieg von 90% im Jahresvergleich entspricht.
Die Kredite für gewerbliche Immobilien (CRE) und gewerbliche & industrielle (C&I) Kredite zeigten ein robustes Wachstum, wobei das CRE-Portfolio im Quartalsvergleich um 20% auf 231 Millionen Dollar zunahm und C&I 51 Millionen Dollar erreichte. Das Unternehmen vergab 68,5 Millionen Dollar in Krediten des Alternativen Kreditprogramms und prognostiziert für 2025 500 Millionen Dollar an ALP-Ursprüngen.
Die Einlagen wuchsen auf 1,06 Milliarden Dollar, was einem Anstieg von 88% im Jahresvergleich entspricht, wobei die Geschäftseinlagen um 8,9% und die Kernverbrauchereinlagen im Quartalsvergleich um 2,5% zulegten. Das Unternehmen hält die EPS-Prognose für 2025 bei 2,10-2,50 Dollar pro Aktie.
- SBA 7(a) loan originations increased 18.6% YoY to 580 loans in Q1 2025
- SBA 7(a) loans held for investment up 90% YoY to $407 million
- CRE portfolio showed strong 20% quarter-over-quarter growth
- Deposits grew 88% YoY to $1.06 billion
- Business deposits increased 8.9% QoQ
- Efficient operations with bank efficiency ratio of approximately 43%
- Wholesale deposits declined 32% quarter-over-quarter
- C&I portfolio showed modest 7% sequential growth after $20 million in loan sales
Insights
NewtekOne's Q1 2025 metrics reveal robust balance sheet expansion across multiple lending segments. The SBA 7(a) loan portfolio shows impressive
The Commercial Real Estate portfolio's
On the funding side, deposit growth of
The reiteration of
This digital-first banking model positions NewtekOne uniquely in the small business lending space, potentially enabling them to continue outpacing industry growth rates while maintaining superior profitability metrics.
NewtekOne's financial results demonstrate the concrete advantages of their technology-centered banking approach. Their proprietary NewTracker® platform represents a significant competitive advantage in client acquisition efficiency, generating 600-900 referrals daily at virtually zero incremental cost - a stark contrast to traditional banks' expensive branch-based acquisition models.
This technology infrastructure has enabled the bank to achieve balanced growth across both sides of the balance sheet without the traditional costs. The
What's particularly compelling is how NewtekOne's technology platform has transformed their deposit-gathering capabilities, with
The systematic application of their digital platform across multiple lending verticals (SBA, CRE, C&I, Alternative) enables NewtekOne to diversify revenue streams while maintaining operational consistency. This represents a scalable banking model that can continue to support loan growth "well in excess of banking industry growth" without proportional increases in operational costs.
The efficiency metrics suggest NewtekOne has created a fundamentally different banking cost structure through technology integration - one that could continue delivering superior returns on assets and equity compared to traditional banking models.
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, up7% from December 31, 2024 and90% 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 at20% while sequential net growth in the C&I portfolio of7% included$20 million of C&I loans sold during Q1. Expected 2025 growth of$225 million in CRE and C&I balances implies a year-end combined CRE/C&I portfolio at Newtek Bank of roughly$464 million , or94% Y/Y growth. We believe that growth of the CRE and C&I portfolio adds diversification to Newtek Bank’s total loan portfolio and reduces risks with different borrower profiles and with loans underwritten in higher interest and cap rate environments. - SBA 504 loans. In 1Q25, the Company’s non-bank subsidiary and Newtek Bank originated
$17 million of SBA 504 loans and executed$13 million of SBA 504 loan sales. The Company continues to anticipate$250 million of SBA 504 loan originations in 2025. - Alternative Loan Program (“ALP”) loans. The Company originated
$68.5 million of ALP loans in 1Q25 and continues to estimate$500 million of ALP originations in 2025. ALP loans are held on the Company’s balance sheet and in its two joint ventures. - Deposits. Newtek Bank ended 1Q25 with approximately
$1.06 billion 1 of deposits, a sequential increase of2% over 4Q24 and year-over-year increase of88% . On a Q/Q basis, business deposits increased8.9% , core consumer deposit balances grew2.5% , and wholesale deposits declined32% . The Company continues to project Newtek Bank’s deposits to grow by$245 million in 2025.
Barry Sloane, CEO, President and Chairman, said, “As loan and deposit volumes are tracking at or above projections, we remain comfortable with 2025 EPS guidance of
Mr. Sloane continued, “We are encouraged by our ability to continue to originate loans and to grow deposits. Our technology-enabled, patented platform for client acquisition, NewTracker®, supports our ability to efficiently source new client opportunities and, from a lending perspective, to quickly identify and process higher quality credits. NewTracker® generates 600-900 referrals per day at no incremental cost to us. Our internally developed technology enabled platform supports balance sheet growth well in excess of banking industry growth as well as what we believe is our industry-leading profitability. In addition, and most importantly, our technology enabled platform allows our customer-facing, on-camera staff to take deposits, make loans, and provide vital business and financial solutions to our clients without having to use expensive branches, traditional bankers, brokers, or business development officers, which allowed us to post a 2024 efficiency ratio at Newtek Bank of approximately
About NewtekOne, Inc.
NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing & Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com).
Newtek®, NewtekOne®, Newtek Bank®, National Association, Your Business Solutions Company®, One Solution for All Your Business Needs® and Newtek Advantage are registered trademarks of NewtekOne, Inc.
1 – Deposits include affiliate deposits.
Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. Information regarding loan and deposit metrics consist of preliminary estimates and are subject to change with our filings with regulatory agencies and the filing of the Company's Form 10-Q for the period ended March 31, 2025. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Investor Relations & Public Relations
Contact: Bryce Rowe
Telephone: (212) 273-8292 / browe@newtekone.com
FAQ
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