NEWT - NewtekOne, Inc.

NasdaqGM - NasdaqGM Real-time price. Currency in USD
12.45
+0.21 (+1.72%)
At close: 04:00PM EDT
12.65 +0.20 (+1.61%)
After hours: 04:38PM EDT
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Previous close12.24
Open12.26
Bid12.20 x 900
Ask12.66 x 800
Day's range12.25 - 12.53
52-week range10.75 - 25.55
Volume125,748
Avg. volume287,500
Market cap306.377M
Beta (5Y monthly)1.33
PE ratio (TTM)8.89
EPS (TTM)1.40
Earnings date01 Aug 2023 - 07 Aug 2023
Forward dividend & yield2.28 (18.31%)
Ex-dividend date03 Apr 2023
1y target est12.63
  • GlobeNewswire

    NewtekOne, Inc. Hires M. Scott Price as Chief Financial Officer

    BOCA RATON, Fla., May 16, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced that it has hired Mr. M. Scott Price as Chief Financial Officer (“CFO”) of the Company, effective May 16, 2023. Mr. Price comes to NewtekOne with over 17 years’ experience in the financial services industry with specific focuses on, and an extensive background in, banking and accounting. Most notably, Scott spent close to a decade at IBERIABANK Corporation in the role of Executive Vice Pr

  • GlobeNewswire

    UPDATE -- NewtekOne, Inc. Reports First Quarter 2023 Net Income of $11.7 million, or $0.46 per Basic Share

    Reiterated Previously Issued Earnings Forecast for the Full Year 2023 in a Range of $1.70 to $2.00 of Earnings per ShareThe purpose of the amended press release is to correct two bullets containing balance sheet amounts for Loans Held for Investment and Total Deposits. The amounts disclosed in the bullets were amended to agree to the balance sheet exhibit included with the press release. There were no changes made to the financial statements included with the press release. We apologize for the

  • GlobeNewswire

    NewtekOne, Inc. Reports First Quarter 2023 Net Income of $11.7 million, or $0.46 per Basic Share

    Reiterated Previously Issued Earnings Forecast for the Full Year 2023 in a Range of $1.70 to $2.00 of Earnings per ShareBOCA RATON, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), announced today its financial and operating results for the three months ended March 31, 2023. This is NewtekOne's first quarter reporting as a financial holding company following the Company's completion of its acquisition of National Bank of New York City ("NBNYC") (renamed Newtek Bank, N.A.) a

  • GlobeNewswire

    Newtek Bank, N.A. Increases Client Deposits by 121% Since December 31, 2022

    BOCA RATON, Fla., May 01, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its subsidiary Newtek Bank N.A. had an 121% increase in its client deposits to approximately $310 million year to date through April 28, 2023, compared to $140 million in client deposits at December 31, 2022. The Company acquired the National Bank of New York City, and renamed it Newtek Bank, N.A., on January 6, 2023. The amount of uninsured client deposits was approximately 5.

  • GlobeNewswire

    Newtek Bank N.A., Receives SBA Preferred Lenders Program (PLP) Status

    BOCA RATON, Fla., April 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its wholly owned bank subsidiary, Newtek Bank N.A., was granted Preferred Lenders Program (“PLP”) status by the Small Business Administration’s (“SBA”). Under the PLP, the SBA grants the most experienced lenders delegated authority to process, close, service, and liquidate SBA-guaranteed loans. In addition, qualified lenders are granted delegated authority (PLP) to make eligi

  • GlobeNewswire

    NewtekOne, Inc. to Report First Quarter 2023 Financial Results on Monday, May 8, 2023 After the Market Closes

    BOCA RATON, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its first quarter 2023 financial results after the market closes on Monday, May 8, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, May 9, 2023 at 8:30 am ET. Please note, to attend the conference call or webcast, participants shoul

  • GlobeNewswire

    NewtekOne, Inc.’s CEO Updates the Market on First Quarter 2023 Key Performance Indicators

    BOCA RATON, Fla., April 04, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ((NASDAQ: NEWT) (the “Company” or “NewtekOne”) updates the investment community on the Company’s key performance indicators for the first quarter of 2023. Barry Sloane, Chairman, President and Chief Executive Officer said, “In advance of reporting our first quarter 2023 financial and operating results, which will be our first quarter as a financial holding company, and in an effort to provide additional transparency to the mark

  • GlobeNewswire

    NewtekOne, Inc. Updates Market on Financial Holding Company Transition and Forecasts

    Will Hold Conference Call to Discuss with Q&A On Wednesday, March 15, 2023 at 8:30am ETBOCA RATON, Fla., March 13, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (the “Company”) today updated the market on its financial holding company transition and forecasts. Barry Sloane, Chief Executive Officer, will hold a conference call with Q&A on Wednesday, March 15, 2023 at 8:30 am ET, to discuss this information in greater detail. On January 6, 2023, the Company completed the acquisition of N

  • GlobeNewswire

    NewtekOne, Inc. CEO, Barry Sloane, Comments on the Declaration of its First Quarterly Dividend as a Financial Holding Company of $0.18 per Share

    $0.18 per Share Dividend is a 12.5% Increase Over Previously Forecasted $0.16 per Share DividendBOCA RATON, Fla., Feb. 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its Board of Directors declared a cash dividend of $0.18 per share, payable on April 14, 2023 to shareholders of record as of April 4, 2023. This first quarterly dividend declaration as a financial holding company exceeds the Company’s previously stated projection of $0.16 per share

  • GlobeNewswire

    NewtekOne, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

    Company Declares First Quarterly Dividend as a Financial Holding Company of $0.18 per Share Exceeding Previous Projections of $0.16 per Share and Refreshes its 2023 and 2024 Financial Holding Company ProjectionsBOCA RATON, Fla., Feb. 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT) (the "Company"), announced today its financial and operating results for the three and twelve months ended December 31, 2022. On January 6, 2023, the Company completed the acquisition of National Bank of Ne

  • GlobeNewswire

    NewtekOne, Inc. Declares Quarterly Dividend of $0.18 per Share

    BOCA RATON, Fla., Feb. 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its Board of Directors declared a quarterly cash dividend of $0.18 per share, payable on April 14, 2023 to shareholders of record as of April 4, 2023. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek® brand to

  • GlobeNewswire

    NewtekOne, Inc.’s CEO, Barry Sloane, To Speak on Specialized Commercial Banks Panel at the KBW Fintech and Payments Conference on Thursday, March 2, 2023

    BOCA RATON, Fla., Feb. 14, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that Barry Sloane, CEO and President of NewtekOne will speak on the ‘Specialized Commercial Banks’ panel at the KBW Fintech and Payments Conference on Thursday, March 2, 2023 at 9:30 am ET. Mr. Sloane will also be available for one-on-one meetings on Wednesday, March 1 2023 and Thursday, March 2, 2023. If you are interested in scheduling a meeting, please contact your KBW represent

  • Simply Wall St.

    The past year for NewtekOne (NASDAQ:NEWT) investors has not been profitable

    While it may not be enough for some shareholders, we think it is good to see the NewtekOne, Inc. ( NASDAQ:NEWT ) share...

  • GlobeNewswire

    NewtekOne, Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on Monday, February 27, 2023 After the Market Closes

    BOCA RATON, Fla., Feb. 08, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its fourth quarter and full year 2022 financial results after the market closes on Monday, February 27, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, February 28, 2023 at 8:30 am ET. Please note, to attend the conference call or w

  • GlobeNewswire

    NewtekOne Raises $20 Million in Sale of Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P.

    BOCA RATON, Fla., Feb. 07, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) (the “Company”) announced that it has sold $20 million of the Company’s 8% Convertible Series A Preferred Stock to Patriot Financial Partners IV, L.P. Barry Sloane, Chairman, President and Chief Executive Officer said, “Patriot Financial Partners is a sophisticated institutional investor that we believe can add value to our enterprise in a multitude of ways. In addition to having access to their deep bench of expe

  • GlobeNewswire

    NewtekOne Raises $50M in Private Note Offering

    BOCA RATON, Fla., Jan. 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) (the “Company”), announced that on January 23, 2023, the Company completed an exempt private offering of $50.0 million aggregate principal amount of its 8.125% notes due 2025 (the “Notes”). The Notes were issued to institutional accredited investors in a private placement. The Notes will mature on February 1, 2025, will bear interest at a rate of 8.125% per year and will be the Company’s direct uns

  • GlobeNewswire

    Newtek Business Services Corp. to Hold Investor Conference Call on Tuesday, January 17, 2023 at 8:30 am ET

    Will Release Financial and Operational Projections and Targets to the Investor and Analyst Community for 2023 and 2024 BOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), today announced that Barry Sloane, Chief Executive Officer, will hold a conference call on Tuesday, January 17, 2023 at 8:30 am ET, to discuss financial and operational projections and targets for 2023 and 2024 for the publicly traded financial holding company and its wholly owned

  • GlobeNewswire

    Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, January 18, 2023 at 8:30 am ET to Discuss the Company’s NewtekOne® Rebranding Strategy and the Relaunch and Redesign of the Corporate Website

    Will Provide Demonstration of the Newtek Advantage™BOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), today announced that Barry Sloane, Chief Executive Officer, will host a conference call on Wednesday, January 18, 2023 at 8:30 am ET, to discuss details of its rebranding strategy, as Newtek will change its name to NewtekOne® as well as the relaunch and redesign of its corporate website at www.newtekone.com. In addition, it will provide a demonstr

  • GlobeNewswire

    Newtek Business Services Corp. Completes Acquisition of National Bank of New York City

    Newtek Business Services Corp. Becomes a Financial Holding CompanyBOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) announced that on January 6, 2023, it completed its acquisition of the National Bank of New York City (“NBNYC”), a 59-year-old national bank regulated and supervised by the Office of the Comptroller of the Currency, and converted to a financial holding company. NBNYC has been renamed Newtek Bank, National Association™ (“New

  • Zacks

    Is the Options Market Predicting a Spike in Newtek Business Services (NEWT) Stock?

    Investors need to pay close attention to Newtek Business Services (NEWT) stock based on the movements in the options market lately.

  • PR Newswire

    Freedom Bank Partners with Newtek Insurance to Offer Clients a Full Range of Insurance Solutions

    The Freedom Bank of Virginia ("Freedom Bank") announced today that it has partnered with Newtek Insurance to offer a full range of insurance solutions to business and consumer clients. In association with Newtek Insurance, Freedom Bank clients will enjoy access to commercial and personal insurance including property, general liability and workers compensation, home, renters, disability, individual life, as well as group health and employee benefits options.

  • GlobeNewswire

    Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, December 14, 2022 at 8:30 am ET

    Will Provide Update on the Financial Illustration of the Bank Holding Company and the Bank on a Go-Forward Basis Subsequent to the Acquisition of the National Bank of New York CityBOCA RATON, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Barry Sloane, Chief Executive Officer, will hold a conference call on Wednesday, December 14, 2022 at 8:30 am ET, to provide an update on t

  • GlobeNewswire

    Newtek Secures Approximately $300 Million in Debt Financing to Further its Growth and Objectives for 2023

    BOCA RATON, Fla., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) today announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP, has closed a $150 million leverage facility from a well-known investment bank to be used to fund the acquisition of non-conforming conventional loans made to middle-market companies as well as small businesses. In addition, Newtek’s portfolio company Newtek Business Lending, LLC, has entered into amendments a

  • GlobeNewswire

    Pokemoto Crosses Milestone of 50 Franchise Agreements Signed

    Pokemoto, Hawaiian Poke Chain has signed its 50th Franchise Agreement Burleson, Texas, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Pokemoto, Muscle Maker, Inc.’s (Nasdaq: GRIL) expanding Hawaiian poke bowl restaurant concept, today announced it has crossed a threshold milestone of 50 franchise agreements signed, reaching 15 states once opened, since putting its foot on the gas with franchising efforts. Pokemoto will make a splash in new markets while expanding in existing markets, including Texas, South C

  • GlobeNewswire

    Newtek Receives Approval From the OCC to Acquire National Bank of New York City

    Newtek Recently Received Federal Reserve Approval to Become a Bank Holding CompanyBOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received conditional approval from Office of the Comptroller of the Currency (“OCC”) to complete its acquisition of the National Bank of New York City (“NBNYC” and the “Acquisition”). Newtek announced last week that it received approval from the Federal Reserve to become a bank ho