NewtekOne (NEWT) investor relations material

Executive summary

• Q3 2026 basic and diluted EPS was $0.34, down from $0.67 in Q3 2025; FY26 EPS guidance remained $1.70–$1.80.

• Tangible book value was $12.30 per share, up 9.6% YoY; book value was $12.80 per share, up 9.2% YoY.

• Deposits reached $2.51B, up $1.3B YoY; loans on balance sheet exceeded $2.7B, up 46% YoY.

Financial highlights

• Q3 net interest income was $18.9M, up 30% YoY and 26% QoQ; YTD NII was $51.1M, up 20% YoY.

• NII represented 26% of Q3 revenue and 23% YTD, versus 19% and 20% in the prior-year periods.

• Q3 GAAP net income was $10.7M versus $17.9M YoY; net income available to common shareholders was $9.6M versus $17.4M.

• Provision for credit losses was $15.4M versus $7.7M YoY; noninterest expense was $42.2M, flat YoY.

• Operating expenses were flat YoY while assets grew 47%; YTD operating expenses rose 3.7%.

Outlook and guidance

• FY26 EPS guidance was reaffirmed at $1.70–$1.80.

• Q4 earnings were expected to benefit from seasonal lending activity and continued NII growth; Q3 C&I LA originations were expected to support Q4 NII, with sequential NII growth forecast at ~20%.

• A C&I longer-amortizing loan securitization was anticipated in Q1 2027, the fifth in that category and 18th overall.

• Forecasts are exposed to interest rates, monetary policy, economic conditions and other factors that may cause actual results to differ.