NewtekOne, Inc. Reports 3Q26 Basic and Diluted EPS of $0.34

BOCA RATON, Fla., Oct. 28, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (Nasdaq: NEWT) reports its financial and operating results for the three months ended September 30, 2026.

Financial Highlights for the three months ended September 30, 2026: * For the three months ended September 30, 2026 ("3Q26"), basic and diluted earnings per share ("EPS") were $0.34 and $0.34 vs. $0.68 and $0.67, respectively, for the three months ended September 30, 2025 ("3Q25"). * Book value per common share ended 3Q26 at $12.80, up Y/Y and Q/Q by 9.2% and 1.3%, respectively. * Tangible book value per common share(1) ended 3Q26 at $12.30, up Y/Y and Q/Q by 9.6% and 1.4%, respectively. * The efficiency ratio(1) was 58.7% for 3Q26 compared to 56.3% for 3Q25. * Return on average assets (“ROAA”)(1) was 1.30% for 3Q26 compared to 3.14% for 3Q25. * Return on average equity ("ROAE")(1) was 9.2% for 3Q26 compared to 20.4% for 3Q25. * Return on average tangible common equity (“ROTCE”)(1) was 10.8% for 3Q26 compared to 24.0% for 3Q25. Selected Balance Sheet and Other Highlights for 3Q26 * Non-affiliate business deposits at Newtek Bank, N.A. (the "Bank") increased $13 million, or 4% Q/Q, and $109 million, or 48% Y/Y, while core consumer deposits grew $231 million, or 13% Q/Q, and $1.1 billion, or 126% Y/Y. * Since the acquisition of the Bank in early 2023, roughly 62% of Newtek Bank's business lending clients have opened a business deposit account. * Insured deposits comprised 79% of deposits as of September 30, 2026. * Originated $75 million of C&I LA Loans in 3Q26 compared to $104 million in 3Q25. * Originated $215 million of SBA 7(a) loans in 3Q26 compared to $187 million in 3Q25. * Originated $45 million of SBA 504 loans in 3Q26 compared to $28 million in 3Q25. * Originated $28 million and $23 million of CRE and C&I loans HFI in 3Q26 compared to $18 million and $19 million in 3Q25. Post 3Q26 Events * On October 1, 2026, the Company paid a dividend on the Company’s outstanding Series B Preferred in the amount of $21.25 per Preferred Share, or $0.53125 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares. * On October 1, 2026, the Company paid a quarterly cash dividend of $0.19 per share on its outstanding common shares. Commenting on quarterly operating results, Barry Sloane, CEO, President, and Chairman, said, “We reported 3Q26 basic and diluted EPS of $0.34 and are comfortable with our previously issued 2026 EPS guidance range of $1.70-$1.80. We were pleased to see momentum from the first half of 2026 continue into the third quarter. Deposit balances more than doubled on a year-over-year basis, increasing by $1.3 billion to end 3Q26 at $2.5 billion,while the number of Newtek Bank deposit accounts exceeded 47,000 accounts compared to roughly 21,800 accounts at the end of 3Q25 and approximately 1,500 deposit accounts when we acquired the Bank in January 2023. We believe both consumer and business deposit customers are attracted to Newtek Bank because of the value we are delivering to them through attractive rates of interest, no fees, frictionless digital account opening, and on-demand, on-camera support from human beings in the United States 24/7/365; Newtek Bank business customers also get access to our online business portal, The Newtek Advantage(®), to help them manage their businesses more effectively and efficiently. Both NewtekOne and Newtek Bank are highly rated by Trustpilot with 4.9 stars and 4.5 stars out of 5.0, respectively, while the Bank’s rating of four stars on depositaccounts.com compares favorably to ratings of less than two stars for several of the largest banks in the U.S.