NewtekOne Inc. (NEWT)
NewtekOne (NEWT) Q2 Earnings Surpass Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.43 per share a year ago.
NewtekOne: Elevated Risk Profile Implies Cheap Valuation
NEWT's business model exposes it to high macroeconomic risk, holding risky unguaranteed SBA loan portions with significant leverage, justifying its low valuation and high yield. Because of its massive 7% dividend yield, the market essentially prices NEWT as twice as risky as typical bank stocks, reflecting both equity and macroeconomic risk premiums. Short-term risk is limited, while the US economy remains strong, but a severe recession could dramatically increase loan losses and pressure earnings.
NewtekOne, Inc. NT 29's Attractive Yield Is Hard To Resist
NEWTH notes offer an attractive yield-to-call of 9.9%, far exceeding comparable investment-grade and high-yield bond ETFs, rewarding investors for embedded call risk. NewtekOne's transition to a financial holding company with a national bank charter enhances funding stability, liquidity, and regulatory oversight, strengthening its credit profile. The primary risk is the high likelihood of the notes being called early if interest rates decline, so investors should focus on yield-to-call rather than yield-to-maturity.
NewtekOne: Strong EPS Guidance, Credit Quality Dips (Rating Downgrade)
NewtekOne is guiding for fiscal 2025 EPS to come in at $2.25 per share at the midpoint. The commons are currently trading at a 5.14x multiple to this. The dividend annualized at $0.76 per share is driving a 6.56% dividend yield for common shareholders. Nonaccruals are rising, reaching $59.27 million as of the end of NEWT's first quarter. This was up 110% year-over-year.
NewtekOne: A Well-Positioned And Undervalued Stock For Your Portfolio
NewtekOne, Inc. has transformed into a financial holding company with a resilient business model, strong balance sheet, and diversified portfolio, ensuring sustainable growth. Despite market uncertainties, NEWT's Q1 2025 performance showed robust interest income growth and efficient loan management, driven by interest rate cuts and increased borrower confidence. NEWT's well-positioned balance sheet, high capital adequacy, and expanding deposit base mitigate risks and support continued expansion in the SMB lending sector.
NewtekOne, Inc. (NEWT) Q1 2025 Earnings Conference Call Transcript
NewtekOne, Inc. (NASDAQ:NEWT ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Barry Sloane - Founder, President & CEO Scott Price - CFO, Newtek Bank National Association Frank DeMaria - CFO, NewtekOne, Inc. Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. First Quarter 2025 Earnings Conference Call.
Compared to Estimates, NewtekOne (NEWT) Q1 Earnings: A Look at Key Metrics
Although the revenue and EPS for NewtekOne (NEWT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NewtekOne (NEWT) Q1 Earnings and Revenues Surpass Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.38 per share a year ago.
NewtekOne: A Combination Of Value And Yield
NewtekOne, Inc. has transitioned from a BDC to a bank holding company, leveraging its SBA loan expertise to recycle capital and generate non-interest income. Despite a 7% dividend yield and a low PE ratio, market skepticism persists due to uncertainty around its CLO equity tranche and perceived lack of disruption. The company has grown its tangible book value by 10.5% CAGR and deposits by over 600%, supporting significant loan portfolio growth.
NewtekOne (NEWT) Surges 7.2%: Is This an Indication of Further Gains?
NewtekOne (NEWT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
NewtekOne, Inc. (NEWT) Q4 2024 Earnings Call Transcript
Call End: NewtekOne, Inc. (NASDAQ:NEWT ) Q4 2024 Earnings Conference Call February 27, 2025 08:30 AM ET Company Participants Barry Sloane - Founder, President & CEO Scott Price - CFO, NewtekOne & Newtek Bank National Association Conference Call Participants Crispin Love - Piper Sandler Steve Moss - Raymond James Tim Switzer - KBW Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. Fourth Quarter 2024 Earnings Conference Call.
NewtekOne (NEWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for NewtekOne (NEWT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
