I'm LongbridgeAI, I can summarize articles.Revenue: As of FY2025 Q3, the actual value is USD 74.94 M.
EPS: As of FY2025 Q3, the actual value is USD 0.67.
EBIT: As of FY2025 Q3, the actual value is USD 10.52 M.
Financial Results Summary
- Company Name: NewtekOne, Inc.
- Report Date: October 29, 2025
Forward-Looking Statements
The report includes forward-looking statements that are based on management’s current expectations and beliefs, which are subject to significant risks and uncertainties. Actual results may differ materially from those projected in the forward-looking statements. NewtekOne does not undertake to update these statements to reflect new circumstances or events after the date they were made.
Results of Operations and Financial Condition
On October 29, 2025, NewtekOne announced its financial results for the three and nine months ended September 30, 2025. The detailed financial metrics, including segment revenue, operational metrics, and cash flow, are provided in the press release furnished as Exhibit 99.1 to the report.
Segment Revenue
- Total revenue for 3Q25: $74.9 million, up 19.3% YoY from $62.8 million for 3Q24.
- Total revenue for YTD25: $211.5 million, up 16.0% YoY from $182.3 million for YTD24.
Operational Metrics
- Net income before taxes for 3Q25: $25.1 million, up 47.0% YoY from $17.1 million for 3Q24.
- Net income before taxes for YTD25: $55.5 million, up 23.5% YoY from $44.9 million for YTD24.
- Pre-provision net revenue (PPNR) for 3Q25: $32.8 million, up 36.7% YoY from $24.0 million for 3Q24.
- PPNR for YTD25: $85.8 million, up 39.1% YoY from $61.7 million for YTD24.
- Efficiency ratio for 3Q25: 56.3%, improved from 61.8% for 3Q24.
- Return on average assets (ROAA) for 3Q25: 3.06%.
- Return on average equity (ROAE) for 3Q25: 20.4%.
- Return on average tangible common equity (ROTCE) for 3Q25: 23.7%.
- Pre-provision return on average assets (PPROA) for 3Q25: 5.75%.
Cash Flow
- Raised $30 million of Common Equity Tier 1 (CET1) capital.
- Increased Tier 1 capital by issuing $50 million of depositary shares.
- Refinanced and upsized Newtek Merchant Solutions’ borrowing facility with a new $95 million financing solution.
Unique Metrics
- Originated $104 million of Alternative Loan Program (ALP) loans compared to $66 million for 3Q24.
- Originated $187 million of SBA 7(a) loans compared to 3Q24 originations of $243 million.
- Sold $69 million of guaranteed portions of SBA 7(a) loans in 3Q25.
- Originated $28 million of SBA 504 loans and sold $19 million of SBA 504 loans in 3Q25.
- Originated $17.8 million and $19.3 million of CRE and C&I loans HFI.
- Commercial deposits at Newtek Bank increased $52.0 million, or 17% Q/Q, while core consumer deposits grew $95.0 million, or 12% Q/Q; wholesale deposits decreased $8 million Q/Q.
- Insured deposits comprised 78% of deposits.
Outlook / Guidance
- The company is preparing a fourth securitization for the fourth quarter of 2025, expected to be the largest to date.
- NewtekOne aims to continue providing attractive risk-adjusted returns to shareholders.
- The company plans to grow lower-cost business deposits and improve operating leverage.