Latest news with #NewtekOne
Washington Post
06-05-2025
- Business
- Washington Post
NewtekOne: Q1 Earnings Snapshot
BOCA RATON, Fla. — BOCA RATON, Fla. — NewtekOne, Inc. (NEWT) on Tuesday reported earnings of $9.4 million in its first quarter. The Boca Raton, Florida-based company said it had net income of 35 cents per share.
San Francisco Chronicle
06-05-2025
- Business
- San Francisco Chronicle
NewtekOne: Q1 Earnings Snapshot
BOCA RATON, Fla. (AP) — BOCA RATON, Fla. (AP) — NewtekOne, Inc. (NEWT) on Tuesday reported earnings of $9.4 million in its first quarter. The Boca Raton, Florida-based company said it had net income of 35 cents per share. The provider of financial and business services to small-and medium-sized business posted revenue of $90.3 million in the period. Its adjusted revenue was $66.3 million. _____ May 6, 2025
Yahoo
28-02-2025
- Business
- Yahoo
NewtekOne Full Year 2024 Earnings: Beats Expectations
Revenue: US$338.7m (up 25% from FY 2023). Net income: US$49.3m (up 7.4% from FY 2023). Profit margin: 14% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. EPS: US$1.97 (up from US$1.89 in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) also surpassed analyst estimates by 1.9%. Looking ahead, revenue is expected to decline by 3.3% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 6.3%. Performance of the American Diversified Financial industry. The company's shares are up 1.3% from a week ago. You still need to take note of risks, for example - NewtekOne has 2 warning signs (and 1 which is significant) we think you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
27-02-2025
- Business
- Yahoo
NewtekOne (NEWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
NewtekOne (NEWT) reported $75.37 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 31%. EPS of $0.69 for the same period compares to $0.53 a year ago. The reported revenue represents a surprise of +7.93% over the Zacks Consensus Estimate of $69.83 million. With the consensus EPS estimate being $0.66, the EPS surprise was +4.55%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how NewtekOne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total noninterest income: $64.07 million compared to the $57.53 million average estimate based on three analysts. Net interest income: $11.29 million compared to the $12.30 million average estimate based on three analysts. Noninterest income- Servicing income: $5.17 million versus the two-analyst average estimate of $4.92 million. Noninterest income- Electronic payment processing income: $10.64 million compared to the $13.33 million average estimate based on two analysts. Noninterest income- Other noninterest income: $11.74 million versus the two-analyst average estimate of $14.31 million. Noninterest income- Loan servicing asset revaluation: -$7.28 million versus -$1.80 million estimated by two analysts on average. Noninterest income- Dividend income: $0.39 million compared to the $0.42 million average estimate based on two analysts. Noninterest income- Net gains on sales of loans: $28.65 million compared to the $22.26 million average estimate based on two analysts. View all Key Company Metrics for NewtekOne here>>>Shares of NewtekOne have returned -6.7% over the past month versus the Zacks S&P 500 composite's -2.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NewtekOne, Inc. (NEWT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
