NewtekOne, Inc. (NEWT)

NASDAQ: NEWT · Real-Time Price · USD
11.86
-0.42 (-3.42%)
At close: Mar 28, 2025, 4:00 PM
11.90
+0.04 (0.36%)
After-hours: Mar 28, 2025, 5:18 PM EDT
-3.42%
Market Cap 311.81M
Revenue (ttm) 338.73M
Net Income (ttm) 49.25M
Shares Out 26.29M
EPS (ttm) 1.96
PE Ratio 6.05
Forward PE 5.32
Dividend $0.76 (6.41%)
Ex-Dividend Date Dec 31, 2024
Volume 202,453
Open 12.23
Previous Close 12.28
Day's Range 11.82 - 12.22
52-Week Range 10.66 - 15.49
Beta 1.41
Analysts Hold
Price Target 14.50 (+22.26%)
Earnings Date May 5, 2025

About NEWT

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including the United States small business administration loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising cr... [Read more]

Sector Financials
Founded 1998
Employees 591
Stock Exchange NASDAQ
Ticker Symbol NEWT
Full Company Profile

Financial Performance

In 2024, NewtekOne's revenue was $338.73 million, an increase of 24.93% compared to the previous year's $271.15 million. Earnings were $49.25 million, an increase of 7.36%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NEWT stock is "Hold." The 12-month stock price forecast is $14.5, which is an increase of 22.26% from the latest price.

Price Target
$14.5
(22.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

10 days ago - GlobeNewsWire

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 J...

19 days ago - GlobeNewsWire

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” Mahaj...

25 days ago - GlobeNewsWire

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 ...

27 days ago - GlobeNewsWire

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 & Newt...

4 weeks ago - Seeking Alpha

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

4 weeks ago - GlobeNewsWire

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 consiste...

3 months ago - Seeking Alpha

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 Confere...

3 months ago - Seeking Alpha

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 discu...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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 ou...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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

4 months ago - GlobeNewsWire

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,...

4 months ago - GlobeNewsWire

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, Newtek...

5 months ago - Seeking Alpha

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

5 months ago - GlobeNewsWire

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 Ne...

5 months ago - GlobeNewsWire

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 Tue...

5 months ago - GlobeNewsWire

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.

6 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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, No...

6 months ago - GlobeNewsWire

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 fallin...

6 months ago - Seeking Alpha

$1.8M Bet On Singular Genomics? Check Out These 3 Stocks Executives Are Buying

Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades.

Other symbols: OMICSRBK
6 months ago - Benzinga

NewtekOne, Inc. Closes Offering of $75.0 Million of 8.625% Fixed Rate Senior Notes Due 2029

BOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it has closed a registered public offering (the “Offering”) of $75.0 million aggregate principa...

6 months ago - GlobeNewsWire