Newtek Business Services (DE:1N31)
NASDAQ:1N31
Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.41Last Year’s EPS
0.44Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive outlook driven by strong loan originations, rapid deposit growth, technological advantages (real-time payments and AI-enabled underwriting), improving credit metrics, robust capital ratios, and high tangible book value growth. Near-term headwinds include NIM compression from large deposit inflows and cash balances, timing-related yield pressure from securitizations, and rising net charge-offs as the portfolio seasons. Management expects many of the timing and liquidity pressures to normalize and reiterated confidence in 2026 guidance and longer-term growth, resulting in an overall favorable tone.Company Guidance
Earnings Beat and Massive YoY EPS Growth
Reported EPS of $0.43, beating Street consensus by ~$0.01 and within guidance range ($0.37–$0.47). EPS reflected a 1,923% increase versus Q1 2025. Management reaffirmed 2026 guidance (midpoint $2.35) and set 2027 midpoint at $2.60.
Material Balance Sheet and Deposit Growth
Financial holding company assets ~ $2.9B and bank assets grew from ~$180M at acquisition to over $2B; deposits up from ~$140M at acquisition to over $1.9–$2.0B. Ended Q1 with 37,000 deposit accounts (more than doubling YoY). Business deposits increased Q/Q by $37M and Y/Y by $173M; consumer deposits increased Q/Q by $392M and Y/Y by $668M.
Strong Loan Originations and Momentum
Reported strong unit and dollar loan growth including 961 originated loan units (a 40% YoY increase) with a March surge (500 units vs 287 prior-year March) and $391M of loan originations referenced; March momentum continued into April with ~10% YoY loan growth.
C&I Long Am (C&I LA) Program Scale and Securitization Success
C&I LA originations of $85.7M vs $68.5M year-ago. Launched fourth C&I LA securitization in Jan 2026: $342M of loans with $295M of notes sold; deal ~10x oversubscribed with 32 institutions. Average C&I LA loan size ~$4M–$5M supporting balance-sheet diversification and more efficient deposit funding.
Tangible Book Value and Shareholder Returns
Tangible book value per share of $11.84 in Q1 2026 (up from $6.92 in Q1 2023). Book value per share $12.35. Management expects year-end tangible book ~ $13.50. Cumulative common dividends of $2.43 and tangible book growth of $4.92 since conversion.
Operational Efficiency and Profitability
Bank efficiency ratio ~40% this quarter; consolidated ROA ~1.96% and return on tangible common equity approaching 15%. Operating expense rose just over 7.5% YoY while assets grew ~35% YoY, demonstrating operating leverage.
Technology and Product Improvements (Real-time Payments & AI)
FedNow and Clearing House RTP live for clients (real-time payments). Rolled out AI-enabled credit processes enabling a seven-day funding capability for loans under $350,000 (AI reads tax returns, leases, operating agreements), contributing to faster originations and customer conversion.
Credit Stabilization and Capital Strength
Delinquencies declined for a third consecutive quarter and NPLs-to-loans (excluding government-guaranteed loans) fell for a fourth consecutive quarter. Provisioning continues to cover net charge-offs. Bank capital ratios strong: leverage >13%, CET1 >15.5%, Tier 1 >18%, total capital ~19.5%.
DE:1N31 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:1N31 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | €10.80 | €10.80 | 0.00% |
Jan 29, 2026 | €11.43 | €11.74 | +2.67% |
Oct 29, 2025 | €8.98 | €8.93 | -0.59% |
Jul 28, 2025 | €9.52 | €9.85 | +3.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Newtek Business Services (DE:1N31) report earnings?
Newtek Business Services (DE:1N31) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Newtek Business Services (DE:1N31) earnings time?
Newtek Business Services (DE:1N31) earnings time is at Aug 05, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is the P/E ratio of Newtek Business Services stock?
The P/E ratio of Newtek Business is N/A.
What is DE:1N31 EPS forecast?
DE:1N31 EPS forecast for the fiscal quarter 2026 (Q2) is 0.41.