NewtekOne (NEWT) Reports Q1 Earnings: What Key Metrics Have to Say

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NewtekOne (NEWT) Reports Q1 Earnings: What Key Metrics Have to Say

NewtekOne (NEWT) reported $70.96 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 7%. EPS of $0.43 for the same period compares to $0.35 a year ago.

The reported revenue represents a surprise of -5.36% over the Zacks Consensus Estimate of $74.97 million. With the consensus EPS estimate being $0.43, the EPS surprise was +1.18%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how NewtekOne performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 62.4% compared to the 59.7% average estimate based on three analysts. Total noninterest income: $53.73 million versus $56.64 million estimated by four analysts on average. Net interest income: $17.23 million compared to the $18.34 million average estimate based on four analysts. Noninterest income- Servicing income: $6.39 million versus $5.84 million estimated by two analysts on average. Noninterest income- Electronic payment processing income: $10.4 million compared to the $10.12 million average estimate based on two analysts. Noninterest income- Other noninterest income: $9.44 million versus the two-analyst average estimate of $7.74 million. Noninterest income- Net loss on loan servicing assets: $-6.2 million versus the two-analyst average estimate of $-4.85 million. Noninterest income- Dividend income: $0.45 million compared to the $0.45 million average estimate based on two analysts. Noninterest income- Net gains on sales of loans: $26.68 million versus $16.39 million estimated by two analysts on average.

View all Key Company Metrics for NewtekOne here>>>

Shares of NewtekOne have returned +14.2% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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