NewtekOne EPS Jumps 21 Percent in Q2

NewtekOne (NASDAQ:NEWT), a digital-first business financial solutions provider focused on small and medium-sized businesses (SMBs), released its earnings report for the quarter ended June 30, 2025, on July 28, 2025. The company reported diluted earnings per share (GAAP) of $0.52, in line with analyst forecasts. Total revenue (GAAP) came in at $70.2 million, missing consensus estimates by $3.7 million, or about 5%. Year over year, GAAP diluted earnings per share rose 21%. Revenue increased 15% year over year. Overall, the period highlighted improved profitability and cost control, though the shortfall in lending volume and revenue presents key watch areas.

Source: Analyst estimates for the quarter provided by FactSet.

NewtekOne (NASDAQ:NEWT) delivers business banking, payment processing, and lending solutions to independent business owners across the U.S. Its core business centers on Small Business Administration (SBA) lending, deposit gathering, and technology-driven services. The company leverages digital tools to reach customers directly and reduce costs tied to traditional brick-and-mortar banking.

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Source Fool.com