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Newtek Bank, National Association

Miami, FL · Cert 18734 · Newtekone Inc.

National charter · OCC · 1 branch

Q2 2026

$2.5BAssets
$2.1BLoans
$2.2BDeposits
$206.0MEquity
Loan mix
60%RE $1.0B40%C&I $0.7B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
97%Interest-bearing $2.2B3%Noninterest $0.1BQ2 2025Q2 2026

NIM

8.84%Q2 ’248.54%Q2 ’257.84%Q2 ’26+4%-17%

Non-interest income vs. expense

9.47%Q2 ’247.79%Q2 ’255.03%Q2 ’26+59%-43%

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2026 SOD (annual) · 0.6% share · #28 of 86 inst. · $2.2B of $348.8B

Executive Summary

  • Earnings: ROA of 4.76%, up 98 bps year over year; NIM at 4.51%.
  • Asset quality: problem loans at 7.18% of loans (+234 bps YoY), with net charge-offs at 1.13%.
  • Capital: tier 1 leverage ratio of 8.66%, down 271 bps from a year ago.
  • Funding: loans stand at 92.48% of deposits as of Q2 2026.

Financial Results

Return on Assets (quarter, annualized)

4.76%+98 bps YoY

Net Interest Margin (quarter, annualized)

4.51%-90 bps YoY

Efficiency Ratio (quarter, annualized)

36.91%-1,168 bps YoY

Tier 1 Leverage Ratio

8.66%-271 bps YoY

Discrete quarter, annualized.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets3.78%3.54%2.58%4.15%4.76%+98 bps
Return on Equity34.36%32.12%25.15%46.20%56.79%+2,243 bps
Net Interest Margin5.42%5.46%5.40%4.34%4.51%-90 bps
Efficiency Ratio48.58%46.74%48.39%39.97%36.91%-1,168 bps
Non-Interest Burden-2.86%-2.09%-0.83%-3.59%-4.09%-123 bps
Growth
Asset Growth (YoY)64.45%63.83%42.53%73.19%83.82%+1,937 bps
Loan Growth (YoY)96.91%92.51%82.90%80.43%84.89%-1,202 bps
Deposit Growth (YoY)74.26%72.25%45.05%81.36%91.89%+1,763 bps
Asset Quality
Nonperforming Loans / Loans4.84%5.96%6.11%5.62%7.18%+234 bps
Net Charge-Offs / Loans1.83%1.63%2.33%1.86%1.13%-69 bps
Allowance / Loans3.84%3.56%3.20%2.77%2.57%-127 bps
Allowance Coverage of NPLs0.8x0.6x0.5x0.5x0.4x-0.4x
Capital
Tier 1 Leverage Ratio11.37%11.19%10.27%9.09%8.66%-271 bps
Total Risk-Based Capital14.24%14.26%13.40%12.35%12.79%-145 bps
Equity / Assets11.14%10.90%9.67%8.44%8.33%-281 bps
Liquidity & Funding
Loans / Deposits95.97%98.84%93.52%87.23%92.48%-350 bps
Liquid Assets / Assets13.60%12.91%16.23%17.45%14.92%+132 bps
CRE / Total Capitaln/a413%447%489%n/an/a