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/NEWT
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NewtekOne Inc

NewtekOne Inc

NEWT
$12.22USD↑+0.41%+0.05 today

MARKET CAP

353.0M

P/E (TTM)

5.6x

FWD P/E

—

DAY RANGE

$12 – $12

52W RANGE

$10
$16

AI Summary

Stalk
Buy NowMedium

A Bullish Pivot Point at the mid-March low, confirmed by price reclaiming the 9-day and 20-day EMAs on rising volume, signals a medium-term bullish mean-reversion opportunity. Short-term timing is favorable as EMAs flatten and turn up alongside a recovering RSI, justifying immediate entry. However, the prevailing long-term downtrend tempers conviction, and failure to sustain above the EMAs or a drop below the pivot low would invalidate the thesis.

  • ↑Net interest income jumped from $16.2m in Q2’25 to $25m in Q2’26, stabilizing revenue
  • ↑Q2’26 total revenue reached $41.3m, up 14% YoY on net interest income growth
  • ↓Shift toward holding more SBA loans may pressure earnings over coming quarters
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The case for & against

Bull & Bear analysis

Bullish

NewtekOne (NASDAQ: NEWT) is a technology-enabled financial holding company specializing in providing solutions tailored for independent business owners and small to medium-sized enterprises (SMBs) in the United States. As a key player in the financial services sector, NewtekOne is focused on disrupting traditional banking models, particularly by enhancing its commercial lending and payroll offerings through advanced technological solutions such as AI. This business model positions them amid the rising trend of digital transformation in financial services.

Bull says

  • ↑Net interest income jumped from $16.2m in Q2’25 to $25m in Q2’26, stabilizing revenue
  • ↑Q2’26 total revenue reached $41.3m, up 14% YoY on net interest income growth
  • ↑Deposits surged from $142m to $2.2bn, driven by efficient digital account opening
  • ↑SBA loan loss coverage set at 8.56%, highlighting conservative credit risk management
  • ↑Return on average assets held at 2%, tangible book value per share rose 75% over 12 quarters
  • ↑Valuation remains attractive with P/B of 1.94 and dividend yield of 1.18%

Bear says

  • ↓Shift toward holding more SBA loans may pressure earnings over coming quarters
  • ↓Higher interest rates are deterring SMB loan origination and revenue growth
  • ↓$15m exposure to bankrupt Samad Holdings underscores credit concentration risk
  • ↓Analyst sentiment weak with negative growth and earnings revision trends
  • ↓Elevated leverage raises risks under economic stress and rate volatility
  • ↓Low institutional ownership may limit upward price momentum

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 07-30-2025bullish

Transcript signals

Bull points

  • First quarter 2024, core earnings of 38 cents per basic and diluted common share exceeded our previously issued guidance of 19.25 cents per basic and common diluted share.
  • we raised our guidance for fiscal year 2024 to $1.85 to $2.05 from previous $1.80 to $2.
  • Sequential loan growth also up 11%. That's on a consolidated basis at NewTek 1 over Q4 2023.

Bear points

  • you can expect that non-accruals, non-performers, past dues have the opportunity to increase from here. That's expected and we're prudently reserved for those.
  • It's a tough industry. I'm just going to be frank with you. And this is from somebody that just got into it. So, you know, I always try to answer honestly and transparently. It's an industry currently that right now it's feasted on low cost deposits. And it's far easier to move money today from bank to bank and doing it on your phone.
Read full transcript analysis ›