NewtekOne cuts 2026 EPS view to $1.70-$1.80, sees 2027 EPS $2-$2.20
I'm LongbridgeAI, I can summarize articles.NewtekOne revised its 2026 EPS guidance down to $1.70-$1.80 and set 2027 EPS outlook at $2.00-$2.20. The adjustment reflects a strategic shift toward retaining more SBA 7(a) loan portions, aiming for recurring net interest income to comprise over 30% of revenue by 2H26. Strong deposit growth at Newtek Bank is supporting lower-cost funding for balance sheet loans.
- NewtekOne reset 2026 EPS guidance to $1.70-$1.80, reflecting a shift to retain more SBA 7(a) guaranteed loan portions. * 2027 EPS outlook set at $2.00-$2.20 as the mix tilts toward recurring net interest income instead of gain-on-sale income. * Net interest income expected to rise to 30% or more of revenue in 2H26 through 2027, from 21% in 2025. * Deposit growth at Newtek Bank has exceeded expectations, supporting lower-cost funding for loans held on the balance sheet. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NewtekOne Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608281000PRIMZONEFULLFEED9817695) on August 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)