NewtekOne Reaffirms 2026 EPS Guidance and Announces Upcoming Securitization Plans
NewtekOne, Inc. (NEWT) reported third-quarter earnings with basic and diluted earnings per share of $0.34. During the management update, CEO Barry R. Sloane reaffirmed the company's long-term financial outlook, maintaining the 2026 earnings per share guidance range of $1.70 to $1.80. Looking ahead to early next year, the company has outlined plans for a significant securitization event. NewtekOne targets a securitization volume between $350 million and $400 million scheduled for January, which is expected to impact its capital structure and liquidity management.
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