NewtekOne Repositions Earnings Guidance with an Emphasis on Recurring Net Interest Income
BOCA RATON, Fla., Aug. 28, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company” or “NewtekOne”) (NASDAQ: NEWT) announced updated earnings guidance for 2026 and 2027. The Company now expects 2026 EPS in a range of $1.70-$1.80 and 2027 EPS in a range of $2.00-$2.20, which reflects a decision to hold more guaranteed portions of SBA 7(a) loans on its balance sheet than the Company has historically. As a result, going forward, net interest income (“NII”) is expected to grow at a faster pace than noninterest income, with NII representing an increasingly larger portion of total revenue.