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Tue, 23 Apr 2024 12:30:00 +0000 |
NewtekOne, Inc. CEO, Barry Sloane, to Attend the B. Riley Securities 24th Institutional Investor Conference May 22-23, 2024
BOCA RATON, Fla., April 23, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), announced today that NewtekOne’s CEO and President, Barry Sloane, and CFO, M. Scott Price, will attend and hold-one-on-one meetings at the B. Riley Securities 24th Institutional Investor Conference on May 22-23, 2024 at the Beverly Hilton Hotel in Beverly Hills, CA. To schedule a meeting, please contact your B. Riley representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne, at jcavuoto@newte
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Thu, 04 Apr 2024 14:10:00 +0000 |
NewtekOne, Inc. to Report First Quarter 2024 Financial Results on Monday, May 6, 2024 After the Market Closes
BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its first quarter 2024 financial results after the market closes on Monday, May 6, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Frank M. DeMaria, Chief Accounting Officer, the following day, Tuesday, May 7, 2024 at 8:30 am ET. Please note, to attend the con
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Mon, 01 Apr 2024 14:15:00 +0000 |
NewtekOne, Inc. Hires Taylor Quinn as Chief Risk Officer
BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that it has hired Mr. Taylor Quinn as Senior Vice President, Chief Risk Officer for NewtekOne and Newtek Bank, N.A., effective today. Mr. Quinn comes to the Company as an established financial services executive with close to 15 years of experience in audit, finance, and risk management with a focus in the banking space. Most recently, Taylor was the Senior Vice President, Chief A
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Mon, 01 Apr 2024 14:15:00 +0000 |
NewtekOne, Inc. Promotes Frank M. DeMaria to Chief Accounting Officer
BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has promoted Mr. Frank M. DeMaria to Executive Vice President, Chief Accounting Officer of NewtekOne effective as of March 29, 2024. Mr. DeMaria has been with NewtekOne since May of 2023 as Senior Vice President of Accounting and Finance. Frank brings a career’s worth of experience across many facets of financial holding company accounting and finance to this position. Frank’s prior experience inc
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Mon, 01 Apr 2024 14:15:00 +0000 |
NewtekOne, Inc. Announces Loan Closings for the First Quarter 2024
Record Loan Approvals Across All Loan Products in First Quarter 2024 Strong Growth in Lending and Deposits in the First Quarter 2024 BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed $207.7 million of SBA 7(a) loans for the three months ended March 31, 2024, which represents a 36.2% increase over $152.5 million of SBA 7(a) loans closed in the
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Mon, 01 Apr 2024 14:15:00 +0000 |
CORRECTING and REPLACING NewtekOne, Inc. News Release
BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Today NewtekOne, Inc. (“NewtekOne”) timely filed its annual report on Form 10-K for the period ended December 31, 2023. The purpose of this press release is to update and replace NewtekOne’s press release dated March 5, 2024, which announced NewtekOne’s unaudited fourth quarter and full year 2023 financial results. NewtekOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results Full Year 2023 Basic Earnings per Share of $1.89 and D
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Tue, 19 Mar 2024 12:00:00 +0000 |
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today 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 15, 2024 to shareholders of record as of April 1, 2024. This represents a 5.5% increase over the $0.18 per share quarterly dividend declared on December 11, 2023. Note Regarding Dividend Payments Amount and timing of divid
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Mon, 11 Mar 2024 18:04:31 +0000 |
NewtekOne, Inc.'s (NASDAQ:NEWT) top owners are individual investors with 55% stake, while 39% is held by institutions
Key Insights The considerable ownership by individual investors in NewtekOne indicates that they collectively have a...
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Thu, 07 Mar 2024 16:29:45 +0000 |
Newtek Business Services Corp. (NASDAQ:NEWT) Q4 2023 Earnings Call Transcript
Newtek Business Services Corp. (NASDAQ:NEWT) Q4 2023 Earnings Call Transcript March 6, 2024 Newtek Business Services Corp. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you for standing by. Welcome to the NewtekOne Inc. Fourth Quarter […]
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Wed, 06 Mar 2024 00:11:00 +0000 |
NewtekOne, Inc. Reports Fourth Quarter and Full Year 2023 Financial Results
Full Year 2023 Basic Earnings per Share of $1.71 and Diluted Earnings per Share of $1.70 Conference Call Tomorrow 8:30 AM ET BOCA RATON, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), announced today its financial and operating results for the three and twelve months ended December 31, 2023. This is NewtekOne's fourth quarter reporting, and third full quarter reporting, as a financial holding company following the Company's January 6, 2023 completion of the acquisition
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Mon, 05 Feb 2024 18:40:00 +0000 |
NewtekOne, Inc. Begins 2024 with Strong January Loan Pipeline Growth
BOCA RATON, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today strong growth in its total loan pipeline, across all lending products, year-to-date through January 31, 2024, compared to the same period last year. The total pipeline consists of loans that are in the Company’s three lending stages: prequalification, underwriting and approved pending closing. NewtekOne’s loan programs include SBA 7(a) loans, SBA 504 loans, alternative loan financi
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Mon, 05 Feb 2024 14:05:00 +0000 |
NewtekOne, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on Tuesday, March 5, 2024 After the Market Closes
BOCA RATON, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that it will report its fourth quarter and full year 2023 financial results after the market closes on Tuesday, March 5, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Nicholas Leger, Chief Accounting Officer, the following day, Wednesday, March 6, 2024 at 8:30 am ET. Please note
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Thu, 01 Feb 2024 19:40:00 +0000 |
NewtekOne, Inc. Releases the Newtek Advantage™ Guide to Success
BOCA RATON, Fla., Feb. 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that it has published its ‘2024 Newtek Advantage™ Guide to Success’, which is available to investors, existing clients, and prospective new clients on the Company’s website through the following link: 2024 Newtek Advantage Guide to Success. The 2024 Newtek Advantage Guide to Success is a Newtek-created and published document that the Company believes can provide independent busines
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Thu, 18 Jan 2024 13:30:00 +0000 |
Newtek Small Business Loan Trust Securitizations Ratings Upgraded by S&P Global Ratings
BOCA RATON, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that S&P Global Ratings raised its ratings on a total of four classes of notes issued by Newtek Small Business Loan Trusts 2018-1 and 2019-1. The Newtek Small Business Loan Trust 2018-1, Class A Notes were raised to “A+ (sf)” from “A (sf)’’ and the Class B Notes was raised to “BBB (sf)” from “BBB- (sf).” In addition, the Newtek Small Business Loan Trust 2019-1 Class A Notes were ra
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Wed, 17 Jan 2024 13:40:31 +0000 |
The past three years for NewtekOne (NASDAQ:NEWT) investors has not been profitable
Many investors define successful investing as beating the market average over the long term. But in any portfolio...
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Wed, 03 Jan 2024 13:30:00 +0000 |
NewtekOne, Inc. Announces Record Loan Closings for the Fourth Quarter and Full Year 2023
BOCA RATON, Fla., Jan. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed a record $262.9 million of SBA 7(a) loans for the three months ended December 31, 2023, which represents a new quarterly record for the Company, and a 20.6% increase over the previous quarterly record of $218.0 million SBA 7(a) loans closed for the three months ended September 30, 2023. In addit
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Mon, 11 Dec 2023 20:35:00 +0000 |
NewtekOne, Inc. Declares a Quarterly Dividend of $0.18 per Share
BOCA RATON, Fla., Dec. 11, 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 on the outstanding common stock of NewtekOne. The dividend is payable on January 12, 2024 to shareholders of record as of December 29, 2023. About NewtekOne, Inc. NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiar
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Wed, 29 Nov 2023 13:30:00 +0000 |
NewtekOne, Inc. Launches Newtek Accounting
BOCA RATON, Fla., Nov. 29, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that it has partnered with 1-800Accountant (https://1800accountant.com/), America’s leading virtual accounting firm for small businesses, for NewtekOne to offer 1-800Accountant’s accounting services to NewtekOne’s independent business owner clients and referral partners via “Newtek Accounting” (newtekaccounting.com). Through Newtek Accounting, NewtekOne's clients wil
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Tue, 28 Nov 2023 13:30:00 +0000 |
Newtek Bank, N.A. Hires Chief Operating Officer of Digital Banking Operations
BOCA RATON, Fla., Nov. 28, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), today announced that its bank subsidiary, Newtek Bank, N.A., has hired Ms. Jennifer Merritt as Chief Operating Officer of digital banking operations, effective November 27, 2023. Ms. Merritt comes to Newtek Bank with over a decade of banking experience with specific focuses on digital banking and banking-product development. Most recently, Jennifer was Senior Vice President, Strategic Operations L
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Wed, 15 Nov 2023 10:16:31 +0000 |
Analysts Just Shaved Their NewtekOne, Inc. (NASDAQ:NEWT) Forecasts Dramatically
The analysts covering NewtekOne, Inc. ( NASDAQ:NEWT ) delivered a dose of negativity to shareholders today, by making a...
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