NewtekOne Plans Largest Securitization of ALP Loans

NewtekOne announced the following updates for its fourth quarter ending December 31: NewtekOne anticipates launching this month a securitization and sale of rated notes backed by alternative loan program loans. The securitization is anticipated to be the Company's largest ever, its fourth securitization of ALP loans, and its 17th overall. This securitization will be the Company's second ALP securitization in calendar year 2025. Quarter to date, NewtekOne has repurchased 100,670 shares of its common stock at a weighted average price of $10.20. Barry Sloane, CEO, commented, "With the uncertainty of the government shutdown behind us, we are comfortable that 2025 EPS should fall within our $2.10-$2.50 EPS guidance range and, since the government reopened, are pleased to have resumed sales of government guaranteed portions of SBA 7(a) loans. As we approach 2026 and the three-year anniversary of transitioning to a financial holding company, we reflect positively on what we have accomplished operationally, including digitally opening almost 30,000 deposit accounts, and are excited about our prospects for continuing to operate and manage a true technology-oriented bank. The business and financial services and solutions we offer to our independent business owner clients enable them, through the Newtek Advantage, to grow revenue, to reduce expenses and risk, and to provide analytics, data, and transactional capabilities, which, we believe, are otherwise not available from a single source to this vital industry demographic. We plan to host investors and analysts at our Boca Raton office headquarters on Thursday, January 8th to present operational and financial goals and projections for 2026. With returns on assets and on tangible common equity that should approximate 3% and 20% for 2025, respectively, and without the use of traditional commercial bankers and branches, we believe that NewtekOne is unlike most, if not all, publicly traded bank holding companies with a $300M market cap. We have built a technology oriented digital bank by using software, people, and process to offer a frictionless environment for the business client to access a full menu of business and financial solutions under the Newtek and NewtekOne brands which are designed to make our business client more successful."