Newtek Business Services ( (NEWT) ) has released its Q3 earnings. Here is a breakdown of the information Newtek Business Services presented to its investors.
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NewtekOne, Inc. is a financial holding company that provides a variety of business and financial solutions to independent business owners across the United States, operating primarily in the banking and financial services sector.
In its latest earnings report for the third quarter of 2025, NewtekOne, Inc. announced significant growth in earnings per share and revenue, highlighting a strong financial performance compared to the previous year.
The company reported a 51% increase in basic earnings per share for the third quarter, reaching $0.68, while total revenue grew by 19.3% to $74.9 million. Net income before taxes also saw a substantial rise of 47% year-over-year, amounting to $25.1 million. Additionally, NewtekOne’s strategic capital initiatives included raising $30 million of Common Equity Tier 1 capital and $80 million of Tier 1 capital, along with refinancing its borrowing facility with a $95 million solution through Goldman Sachs.
NewtekOne continues to emphasize its evolution into a digital bank, focusing on technology-driven solutions for business owners. The company’s management remains optimistic about future growth, particularly with its Alternative Lending Program preparing for its largest securitization to date, and continues to aim for attractive risk-adjusted returns for shareholders.
Looking ahead, NewtekOne is poised to maintain its trajectory of growth and innovation, leveraging its digital banking model and comprehensive financial solutions to support independent business owners, while aiming to deliver strong returns to its investors.