NewtekOne Reports Q3 2026 Net Income of $10.7 Million
Third-quarter net income was $10.7 million, or $0.34 per share, down from $17.9 million a year earlier; revenue fell 4.2% to $71.79 million. NewtekOne maintained 2026 EPS guidance of $1.70 to $1.80.
NewtekOne, Inc. reported third-quarter 2026 net income of $10.7 million, or $0.34 per share, down from $17.9 million in the same period last year. Revenue for the quarter fell 4.2% to $71.79 million. Despite the decline, the company maintained its 2026 earnings per share guidance of $1.70 to $1.80.
Additionally, NewtekOne announced plans to complete a commercial and industrial loan securitization in January 2027, which is expected to be backed by $350 million to $400 million in collateral. Following the report, Piper Sandler maintained a Neutral rating on the stock while lowering its price target from $13 to $12.