Newtek Business Services Corp. Stock News

BOCA RATON, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its second quarter 2025 financial results after the market closes on Monday, July 28, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, Frank DeMaria, Chief Financial Officer of NewtekOne, and M. Scott Price, Chief Financial Offic...

NEWTH notes offer an attractive yield-to-call of 9.9%, far exceeding comparable investment-grade and high-yield bond ETFs, rewarding investors for embedded call risk. NewtekOne's transition to a financial holding company with a national bank charter enhances funding stability, liquidity, and regulatory oversight, strengthening its credit profile. The primary risk is the high likelihood of the n...

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.

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 s...

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,...

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").

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 ...

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.