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NewtekOne Repositions Earnings Guidance with an Emphasis on Recurring Net Interest Income
GlobeNewswire Inc.·
NewtekOne announced updated EPS guidance for 2026 ($1.70-$1.80) and 2027 ($2.00-$2.20), reflecting a strategic decision to hold more guaranteed portions of SBA 7(a) loans on its balance sheet rather than selling them. This shift emphasizes net interest income growth over gain-on-sale income, with NII expected to grow from 21% of total revenue in 2025 to 30% or more by late 2026-2027. The company credits its bank subsidiary's strong deposit-gathering capabilities and digital banking platform for enabling this transition.
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