Technological Advances, Including AI, Drive Record Number of Loan Unit Originations for 1Q26
NewtekOne, Inc. (NEWT)
Last newtekone, inc. earnings: 11/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.newtekbusinessservices.com
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Source: GlobeNewswire
BOCA RATON, Fla., April 06, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (the “Company”) reported that it originated a record 961 loans in the first quarter of 2026, marking a 40% increase compared to the first quarter of 2025. Dollar volume of 1Q26 loan originations approximated $391 million, up from $366 million in 1Q25. Monthly volume accelerated meaningfully through the quarter following the implementation of enhancements to the loan origination process, including the incorporation of additional AI-powered resources to support the launch of the Newtek Seven Day Business Loan™. Barry Sloane, Chief Executive Officer, President and Chairman, of NewtekOne commented, "We are pleased that recently introduced technological advances have supported a record number of loan originations in the first quarter of 2026 and, after a slower start to the year due to implementing process enhancements and staff training, we were encouraged to see the number of units originated surge in
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NEWT
News
- NewtekOne, Inc. Pays Off and Expects to Terminate Revolving Lines of Credit at Holding Company SubsidiaryGlobeNewswire
- NewtekOne, Inc. to Report First Quarter 2026 Results and Host a Conference Call on Thursday, April 30, 2026GlobeNewswire
- NewtekOne, Inc. Declares Dividends on Common Stock and Series B Preferred SharesGlobeNewswire
- Newtek Bank, N.A. Introduces the Newtek Seven Day Business Loan™GlobeNewswire
- Newtek Bank Receives Awards for Lending Capabilities and for Deposit AccountsGlobeNewswire
NEWT
Earnings
- 1/29/26 - In-Line
NEWT
Sec Filings
- 4/6/26 - Form 8-K
- 4/3/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- NEWT's page on the SEC website