NewtekOne 3Q 2026: Revenue $71.79M, EPS $0.34 — 10-Q Summary
NewtekOne reported 3Q 2026 revenue of $71.79M, down 4.2% YoY, with net income falling 44.7% to $9.64M. Net interest income rose, but noninterest income declined due to lower loan-sale gains and higher credit-loss provisions. Deposits increased to $2.5B, and loans held for investment grew by $412.6M.
How this was made
The 30-second read
Why it matters
The Q3 earnings miss and rising credit provisions suggest short‑term weakness, but a growing deposit base could support future earnings.
Market read
Micro‑cap earnings release with modest revenue; limited broader market effect.
What to watch
Potential upside from rising deposit base and higher net interest income.
Background
NewtekOne is a specialty finance and banking firm that files quarterly reports on SEC Form 10‑Q.
Ticker impact
NewtekOne reported Q3 2026 results with revenue $71.79M and EPS $0.34, a fresh 10‑Q disclosure.
likely pressure as the market prices in the earnings decline and rising provisions
Revenue fell 4.2% YoY and net income dropped 44.7% while credit loss provisions more than doubled, indicating weaker profitability.
Market effects
Highlights stress in niche banking/finance niche, may affect peer small‑cap lenders.
Limited to U.S. micro‑cap banking sector.
Minimal global impact.
Counterpoint
If the company can stabilize credit losses, the stock may be undervalued after the sell‑off.
Key entities
- companyNewtekOne, Inc.
Issuer of the 10‑Q filing.
