Newtek Business Services Corp. Stock News

BOCA RATON, Fla., Oct. 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its third quarter 2025 financial results after the market closes on Wednesday, October 29, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and Frank DeMaria, Chief Financial Officer of NewtekOne at 4:30 pm ET on Wednesday, Octobe...

BOCA RATON, Fla., Sept. 30, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has refinanced its term debt facility and revolving line of credit. Private Credit at Goldman Sachs Alternatives is providing NMS with a $90 million term loan facility and a $5 million line of credit. A...

BOCA RATON, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) has declared a dividend on the Company's outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “Preferred Shares”) in the amount of $9.44 per Preferred Share, or $0.2361 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shar...

BOCA RATON, Fla., Sept. 19, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) today announced that it will participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2025 Investor Conference, taking place virtually on Tuesday, September 30, 2025.

BOCA RATON, Fla., Sept. 17, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or the “Company”) (NASDAQ: NEWT) and Patriot Financial Partners, L.P. (“Patriot”) announced today that they have completed a transaction pursuant to which in exchange for all of Patriot's 20,000 shares of the Company's convertible preferred stock, Series A, $0.02 par value per share (the “Series A Preferred Stock”...

NewtekOne, Inc. 8.625% Senior Notes due 2029 offer an attractive yield, reflecting market skepticism rather than true credit risk. Despite a business transition to a bank holding company and improved financials, NEWT's notes trade at a high yield due to a lack of Big Three ratings. Egan-Jones upgraded NEWT's credit rating to A-, but the market demands a premium, viewing NEWTH as riskier than it...

We tracked seven new preferred stock and baby bond offerings this month, with yields ranging from 6.5% to 8.875%. High-quality preferreds (Compliance Score 10) are trading at a 3.2% discount to par, offering an average yield of 6.6%. Buying new issues on the OTC at or below $25 allows individual investors to access wholesale pricing and minimize capital loss risk.

NEWTP offers an 8.5% fixed, non-cumulative dividend until 2030, then resets to 5-year Treasury plus 4.735% if not redeemed. NewtekOne's recent transition from a BDC to a financial holding company adds complexity and risk, especially given its underperformance versus peers and indices. Despite strong yield metrics, NEWTP's elevated yield reflects higher risk, not an attractive investment opportu...