Newtek Business Services (NEWT) Company Overview

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.

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.

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.

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.

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.

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

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

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 [email protected].

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.