| NewtekOne: Strong EPS Guidance, Credit Quality Dips (Rating Downgrade) |
NewtekOne is guiding for fiscal 2025 EPS to come in at $2.25 per share at the midpoint. The commons are currently trading at a 5.14x multiple to this. The dividend annualized at $0.76 per share is driving a 6.56% dividend yield for common shareholders. Nonaccruals are rising, reaching $59.27 million as of the end of NEWT's first quarter. This was up 110% year-over-year. |
seekingalpha.com |
2025-05-14 09:43:59 |
Czytaj oryginał (ang.) |
| NewtekOne: A Well-Positioned And Undervalued Stock For Your Portfolio |
NewtekOne, Inc. has transformed into a financial holding company with a resilient business model, strong balance sheet, and diversified portfolio, ensuring sustainable growth. Despite market uncertainties, NEWT's Q1 2025 performance showed robust interest income growth and efficient loan management, driven by interest rate cuts and increased borrower confidence. NEWT's well-positioned balance sheet, high capital adequacy, and expanding deposit base mitigate risks and support continued expansion in the SMB lending sector. |
seekingalpha.com |
2025-05-14 02:47:16 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. (NEWT) Q1 2025 Earnings Conference Call Transcript |
NewtekOne, Inc. (NASDAQ:NEWT ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Barry Sloane - Founder, President & CEO Scott Price - CFO, Newtek Bank National Association Frank DeMaria - CFO, NewtekOne, Inc. Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-07 14:57:22 |
Czytaj oryginał (ang.) |
| Compared to Estimates, NewtekOne (NEWT) Q1 Earnings: A Look at Key Metrics |
Although the revenue and EPS for NewtekOne (NEWT) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-05-06 23:00:40 |
Czytaj oryginał (ang.) |
| NewtekOne (NEWT) Q1 Earnings and Revenues Surpass Estimates |
NewtekOne (NEWT) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.38 per share a year ago. |
zacks.com |
2025-05-06 22:30:41 |
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| NewtekOne, Inc. Reports Basic and Diluted EPS of $0.36 and $0.35 for the Three Months Ended March 31, 2025 |
BOCA RATON, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (Nasdaq: NEWT) reports its financial and operating results for the three months ended March 31, 2025 ("1Q25"). |
globenewswire.com |
2025-05-06 20:10:00 |
Czytaj oryginał (ang.) |
| NewtekOne: A Combination Of Value And Yield |
NewtekOne, Inc. has transitioned from a BDC to a bank holding company, leveraging its SBA loan expertise to recycle capital and generate non-interest income. Despite a 7% dividend yield and a low PE ratio, market skepticism persists due to uncertainty around its CLO equity tranche and perceived lack of disruption. The company has grown its tangible book value by 10.5% CAGR and deposits by over 600%, supporting significant loan portfolio growth. |
seekingalpha.com |
2025-04-28 14:17:19 |
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| NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes |
BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has closed a $184 million securitization backed by $216 million of Alternative Loan Program (“ALP”) loans. |
globenewswire.com |
2025-04-23 16:10:00 |
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| NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A. |
BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Boca Raton, FL, April 23, 2025 - NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced that Peter Downs has been named President of Newtek Bank, N.A. (the “Bank”). In addition, Frank M. DeMaria has been named Chief Financial Officer of the Company, with Scott Price maintaining the role as Chief Financial Officer of Newtek Bank, focusing on developing and executing the Bank's financial strategy. |
globenewswire.com |
2025-04-23 12:30:00 |
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| NewtekOne (NEWT) Surges 7.2%: Is This an Indication of Further Gains? |
NewtekOne (NEWT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term. |
zacks.com |
2025-04-10 17:55:43 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025 |
BOCA RATON, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) is pleased to provide the following preliminary loan and deposit metrics for its first quarter ending March 31, 2025: |
globenewswire.com |
2025-04-08 13:00:00 |
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| NewtekOne, Inc. to Report First Quarter 2025 Results on Tuesday, May 6, 2025 and Host a Conference Call on Wednesday, May 7, 2025 |
BOCA RATON, Fla., April 04, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, M. Scott Price, Chief Financial Officer, and Frank DeMaria, Chief Accounting Officer, the following day, Wednesday, May 7, 2025, at 8:30 am ET. |
globenewswire.com |
2025-04-04 20:05:00 |
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| NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share |
BOCA RATON, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on April 30, 2025, to shareholders of record as of April 15, 2025. |
globenewswire.com |
2025-03-31 14:52:00 |
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| NewtekOne, Inc. Closes Private Offering of Senior Unsecured Notes |
BOCA RATON, Fla., March 20, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has completed an exempt offering of $30.0 million aggregate principal amount of its 8.375% notes due 2030 (the “Notes” and the "Offering"). |
globenewswire.com |
2025-03-20 10:30:00 |
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| Newtek Merchant Solutions Hires John O'Connor as Chief Revenue Officer |
BOCA RATON, Fla., March 11, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that its payment processing subsidiary Newtek Merchant Solutions (“NMS”) has hired John O'Connor as Chief Revenue Officer. Initially, Mr. O'Connor will support NMS's efforts to make its merchant processing clients aware of the vast array of business and financial solutions offered by NewtekOne and its subsidiaries, including business checking and savings accounts with no fees and attractive interest rates. Most recently, Mr. O'Connor was chief growth officer for Nationwide TFS, LLC, a financial technology company and the largest electronic payments provider for the Chapter 13 bankruptcy industry. Prior to Nationwide TFS, John spent more than 30 years at Citigroup in various leadership roles responsible for directing the design and delivery of market programs at scale. Mr. O'Connor holds an M.B.A. from Hofstra University and a B.S. in business administration from Boston University School of Management. |
globenewswire.com |
2025-03-11 10:30:00 |
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| Newtek Bank, N.A. Hires Vik Mahajan as Chief Investment Officer |
BOCA RATON, Fla., March 05, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that Newtek Bank. N.A., the Company's bank subsidiary, has hired Vaibhav “Vik” Mahajan as Chief Investment Officer. Mr. Mahajan will be responsible for enhancing and optimizing Newtek Bank's execution of loan sales, including SBA 504 loans and the government-guaranteed portions of SBA 7(a) loans; in addition, he will run point on sourcing loan purchase and sale opportunities for Newtek Bank. With 25 years of experience in investment banking, financial services, and consulting, Vik brings a wealth of knowledge, experience, and contacts to Newtek Bank. Most recently, Mr. Mahajan was chief strategy officer and head of capital markets and data analytics for iCreditWorks where he led strategic initiatives across business expansion, commercial partnerships, and capital markets. Prior to iCreditWorks, Vik led the Financial Institutions Group (FIG) investment banking efforts at Deutsche Bank and Credit Suisse. Mr. Mahajan holds an M.B.A. from the University of Rochester's William E. Simon Graduate School of Business Administration and a B.S. in Mechanical engineering from the National Institute of Technology Karnataka, a top ten engineering school in India. |
globenewswire.com |
2025-03-05 13:28:00 |
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| NewtekOne, Inc. Hires Bryce Rowe as the Company's Vice President, Investor Relations |
BOCA RATON, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today it has hired Bryce Rowe as Vice President, Investor Relations. Mr. Rowe will assume responsibility for all aspects of the Company's investor relations functions. Mr. Rowe joins the Company with 25 years of experience as an equity research analyst covering small-cap banks and business development companies (BDCs). Most recently, Bryce was a senior equity research analyst at B. Riley Securities. Mr. Rowe holds a B.A. from the University of Virginia and was awarded the Chartered Financial Analyst (CFA) designation in 2003. |
globenewswire.com |
2025-03-03 10:30:00 |
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| NewtekOne, Inc. (NEWT) Q4 2024 Earnings Call Transcript |
Call End: NewtekOne, Inc. (NASDAQ:NEWT ) Q4 2024 Earnings Conference Call February 27, 2025 08:30 AM ET Company Participants Barry Sloane - Founder, President & CEO Scott Price - CFO, NewtekOne & Newtek Bank National Association Conference Call Participants Crispin Love - Piper Sandler Steve Moss - Raymond James Tim Switzer - KBW Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. Fourth Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2025-02-27 15:25:38 |
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| NewtekOne (NEWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates |
While the top- and bottom-line numbers for NewtekOne (NEWT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-02-26 23:30:33 |
Czytaj oryginał (ang.) |
| NewtekOne (NEWT) Q4 Earnings and Revenues Surpass Estimates |
NewtekOne (NEWT) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.53 per share a year ago. |
zacks.com |
2025-02-26 21:55:21 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Reports Full Year 2024 Earnings of $1.97 per Basic and $1.96 per Diluted Common Share |
Raises Full Year 2025 Earnings Forecast Range to $2.10 to $2.50 per Basic and Diluted Common Share Raises Full Year 2025 Earnings Forecast Range to $2.10 to $2.50 per Basic and Diluted Common Share |
globenewswire.com |
2025-02-26 19:27:00 |
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| Gear Up for NewtekOne (NEWT) Q4 Earnings: Wall Street Estimates for Key Metrics |
Beyond analysts' top -and-bottom-line estimates for NewtekOne (NEWT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024. |
zacks.com |
2025-02-24 12:21:58 |
Czytaj oryginał (ang.) |
| What Makes NewtekOne (NEWT) a New Buy Stock |
NewtekOne (NEWT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. |
zacks.com |
2025-01-07 15:16:34 |
Czytaj oryginał (ang.) |
| NewtekOne: Bank Conversion Progressing Well |
NewtekOne's business model involves issuing loans, selling guaranteed portions, and securitizing unguaranteed portions, generating revenue via a high-risk, high-reward business model. Despite consistent 10% annual loan issuance growth, NewtekOne's valuation remains low at 7.5 P/E due to its unique business model and economic risk exposures. Transitioning to a bank holding company aims to reduce reliance on expensive notes and bonds, to leverage deposits to improve interest margins. |
seekingalpha.com |
2025-01-05 20:15:21 |
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| NewtekOne, Inc. (NEWT) Mergers & Acquisitions Call Transcript |
NewtekOne, Inc. (NASDAQ:NEWT ) Mergers & Acquisitions Conference Call January 2, 2025 4:15 PM ET Company Participants Barry Sloane - CEO and Chairman Jason Katz - CEO and Chairman, Paltalk IPM Conference Call Participants Harold Elish - UBS Financial Services Crispin Love - Piper Sandler Steve Moss - Raymond James Allen Klee - Maxim Group Christopher Nolan - Landenburg Thalmann & Company Bryce Rowe - B. Riley Nicholas Bruno - Raymond James Tim Switzer - KBW Operator Good day, and thank you for standing by. |
seekingalpha.com |
2025-01-02 21:59:17 |
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| NewtekOne, Inc. and Paltalk, Inc. To Hold Conference Call on January 2, 2025, To Discuss the Anticipated January 2, 2025 Closing of the Divestiture of Newtek Technology Solutions, Inc. to Paltalk, Inc. |
BOCA RATON, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) and Paltalk, Inc. (“Paltalk”) (Nasdaq: PALT) will host a conference call on January 2, 2025, to discuss the anticipated January 2, 2025 closing of Paltalk's acquisition (the “Acquisition”) of Newtek Technology Solutions, Inc. (“NTS”). Earlier today, Paltalk announced that Paltalk's shareholders voted to approve proposals required to close the Acquisition, which closing is presently scheduled for January 2, 2025. As previously disclosed, in connection with NewtekOne's acquisition of Newtek Bank and transition to a financial holding company, NewtekOne made a commitment to the Board of Governors of the Federal Reserve System to divest or terminate the activities of NTS, which manages information technology hardware and software for approximately 17,000 customers. |
globenewswire.com |
2024-12-30 18:35:00 |
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| Low Leveraged NewtekOne Offers Very Undervalued 8.7% Baby Bond |
We search all sectors for the most undervalued preferred stocks and baby bonds. This article presents NewtekOne's NEWTH baby bond, which, I believe, is by far the best baby bond among banks with its 8.7% yield to maturity. Not only is the yield the highest of any bank bond that I follow, but NewtekOne also has the best balance sheet of any bank that I follow. |
seekingalpha.com |
2024-12-23 13:30:00 |
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| NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share |
BOCA RATON, Fla., Dec. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on January 13, 2025, to shareholders of record as of December 31, 2024. |
globenewswire.com |
2024-12-16 10:30:00 |
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| Newtek Bank, N.A. and Apiture Honored for Most Effective Bank-Fintech Partnership in the IBSi Global FinTech Innovation Awards |
Newtek Bank, N.A. Tripled Deposits in 2023 Using the Apiture Digital Banking Platform Newtek Bank, N.A. Tripled Deposits in 2023 Using the Apiture Digital Banking Platform |
globenewswire.com |
2024-12-10 15:05:00 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Forecasts Originating Approximately $1.4 Billion in Business Loans in 2024 |
In 2025, NewtekOne, Inc. Forecasts Originating Approximately $1.9 Billion in Business Loans In 2025, NewtekOne, Inc. Forecasts Originating Approximately $1.9 Billion in Business Loans |
globenewswire.com |
2024-12-06 10:36:00 |
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| Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock? |
Investors need to pay close attention to NewtekOne (NEWT) stock based on the movements in the options market lately. |
zacks.com |
2024-11-27 14:05:23 |
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| Newtek Bank, N.A. Launches Newtek Zero-Fee Business Banking™ |
Goal is to Attract Business Deposits with Full Transparency, Trust, and Low Cost Goal is to Attract Business Deposits with Full Transparency, Trust, and Low Cost |
globenewswire.com |
2024-11-18 10:30:00 |
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| NewtekOne, Inc.'s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor Conference |
BOCA RATON, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc.'s (NASDAQ: NEWT) CEO, President, and Chairman, Barry Sloane, was recently interviewed by Chris Miglino, founder and CEO, of Sequire, at the LD Micro Main Event XVII Investor Conference. During the interview, Mr. Sloane discussed the history of NewtekOne and its importance in the business marketplace today with its ecosystem of offerings available to the approximate 30 million independent business owners across the United States. During this 13-minute interview, Mr. Sloane explains the importance of what NewtekOne has accomplished during its two decades of operating history and experience serving independent business owners, as well as how it is strategically positioned to continue to grow and capture market share as a bank holding company owning a nationally chartered bank in this vital demographic. To listen to the full interview please click on the following link Interview with NewtekOne CEO, Barry Sloane or visit NewtekOne's website at NewtekOne, Inc. Events and Presentations. If you have any questions or would like to discuss these topics in further detail, please contact Jayne Cavuoto, Director of Investor Relations at NewtekOne, Inc. at jcavuoto@newtekone.com. |
globenewswire.com |
2024-11-14 14:10:00 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript |
NewtekOne, Inc. (NASDAQ:NEWT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Barry Sloane - Founder, President and CEO Scott Price - Chief Financial Officer, NewtekOne and Newtek Bank National Association Nicolas Young - President and COO, Newtek Bank Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Operator Good day and thank you for standing by. Welcome to the NewtekOne, Inc. Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-11-07 14:18:49 |
Czytaj oryginał (ang.) |
| NewtekOne (NEWT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for NewtekOne (NEWT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2024-11-06 23:00:48 |
Czytaj oryginał (ang.) |
| NewtekOne (NEWT) Q3 Earnings and Revenues Top Estimates |
NewtekOne (NEWT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago. |
zacks.com |
2024-11-06 22:01:37 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Reports Third Quarter 2024 Earnings of $0.45 per Basic and Diluted Common Share |
Growth in Deposits, Loans and Payments Segment Lead the Third Quarter 2024 Results Growth in Deposits, Loans and Payments Segment Lead the Third Quarter 2024 Results |
globenewswire.com |
2024-11-06 18:10:00 |
Czytaj oryginał (ang.) |
| Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics |
Besides Wall Street's top -and-bottom-line estimates for NewtekOne (NEWT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024. |
zacks.com |
2024-11-05 12:20:38 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Announces Appointment of a New Independent Director |
BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today the appointment of Craig “CJ” Brunet as a member of the boards of directors of NewtekOne, Inc. and Newtek Bank N.A. |
globenewswire.com |
2024-10-31 12:50:00 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. CEO, Barry Sloane, to Present at the LD Micro Main Event XVII on October 29, 2024 |
BOCA RATON, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that NewtekOne's CEO and President, Barry Sloane, will present at the LD Micro Main Event XVII on Tuesday, October 29, 2024 at 11:00AM ET (8:00AM PT), Track 1, at the Luxe Sunset Blvd Hotel in Los Angeles, CA. Mr. Sloane will hold one-on-one meetings on October 29-30, 2024. To schedule a meeting, please contact your LD Micro representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne at jcavuoto@newtekone.com. |
globenewswire.com |
2024-10-25 14:55:00 |
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| Newtek Bank, N.A. Achieves 11.7% Deposit Growth in the Third Quarter 2024 |
BOCA RATON, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it expects to report deposits at Newtek Bank, N.A. |
globenewswire.com |
2024-10-08 15:16:00 |
Czytaj oryginał (ang.) |
| NewtekOne, Inc. Achieves 17.3% Sequential Growth in Record Total Loan Closings in the Third Quarter 2024 over the Second Quarter 2024 |
Achieves SBA 7(a) Closings of $245.3 Million in the Third Quarter 2024 Achieves SBA 7(a) Closings of $245.3 Million in the Third Quarter 2024 |
globenewswire.com |
2024-10-03 16:30:00 |
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| NewtekOne, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 After the Market Closes |
BOCA RATON, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it will report its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and M. Scott Price, Chief Financial Officer, the following day, Thursday, November 7, 2024 at 8:30 am ET. |
globenewswire.com |
2024-10-02 14:51:00 |
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| Preferreds Weekly Review: Banks Are Redeeming Their Preferreds |
We take a look at the action in preferreds and baby bonds through the third week of September and highlight some of the key themes we are watching. Preferred stocks had a strong week, driven by falling Treasury yields and stable spreads. Banks are reducing Tier 1 capital by redeeming callable preferreds, with JPMorgan planning a $1.6bn repayment in October. |
seekingalpha.com |
2024-09-30 01:01:59 |
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