NewtekOne Originates Record 961 Loans in 1Q26, Volume Hits $391M
NewtekOne originated 961 loans in 1Q26, a 40% increase from 1Q25, with dollar volume rising to $391 million from $366 million. March originations reached 500 units (74% year-over-year increase) totaling $230 million (34% rise), driven by AI enhancements and the Newtek Seven Day Business Loan™ launch.
1. Record Loan Originations
In the first quarter of 2026, NewtekOne originated a record 961 loans, marking a 40% increase over the same period in 2025, while dollar volume rose to $391 million from $366 million a year earlier.
2. AI-Powered Process Enhancements
The company integrated additional AI-driven tools into its loan origination workflow, reducing processing time and costs, and enabling simultaneous deposit gathering and lending activities.
3. Seven Day Business Loan™ Launch
The Newtek Seven Day Business Loan™, designed to fund loans within seven days of application, fueled a surge in March originations to 500 units (74% increase) and $230 million in volume (34% rise).
4. EPS Guidance and Outlook
NewtekOne reaffirmed first-quarter EPS guidance of $0.37–$0.47 and full-year guidance of $2.15–$2.55, projecting continued market share growth and loan portfolio diversification ahead of its April 30 earnings call.