NewtekOne reports Q3 2026 earnings miss but highlights record net interest income and strong deposit growth
NewtekOne posted basic and diluted earnings per share of $0.34 for the quarter ended September 30, 2026, below Wall Street estimates. Revenue was $106.2 million and net interest income reached a record $18.9 million. Deposits more than doubled year‑over‑year to roughly $2.5‑$2.6 billion, while book value per share rose to $12.80. The company kept its full‑year EPS guidance at $1.70‑$1.80.
Why it matters
Analysts noted the EPS miss caused the stock to fall 2.36% in after‑hours trading. Management said the record net interest income and deposit expansion support the unchanged full‑year guidance, which may temper downside pressure. The announced $350‑$400 million securitization in early 2027 could improve capital ratios.
Key facts
- 1Basic and diluted EPS for Q3 2026 were $0.34 per share, versus $0.68 in Q3 2025. stocktitan.net
- 2Revenue for the quarter was $106.2 million. finance.yahoo.com
- 3Net interest income reached $18.9 million, up 30% year‑over‑year and 26% quarter‑over‑quarter. investing.com
- 4Deposits grew 48% year‑over‑year to $2.5 billion. stocktitan.net
- 5Book value per common share at quarter‑end was $12.80. stocktitan.net
- 6Full‑year 2026 EPS guidance remains $1.70‑$1.80. investing.com
Open questions
- Deposit amount is reported as $2.5 billion and as $2.6 billion; the figures differ in scope.
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.