Newtek Business Services Corp. (NEWT)
NASDAQ: NEWT · IEX Real-Time Price · USD
-0.31 (-2.40%)
Jun 18, 2024, 4:00 PM EDT - Market closed

Company Description

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market.

The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans.

It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based Point of Sale systems for a various restaurant, retail, assisted living, taxi cabs, parks, and golf course businesses.

In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners.

Further, the company provides website hosting, dedicated server hosting, cloud hosting, web design and development, internet marketing, ecommerce, data storage, backup and disaster recovery, and other related services, including consulting and implementing technology solutions for enterprise and commercial clients as well as SMBs.

The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023.

NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

Newtek Business Services Corp.
Newtek Business Services logo
Country United States
Industry Banks - Regional
Sector Financials
Employees 559
CEO Barry Scott Sloane

Contact Details

4800 T Rex Avenue, Suite 120
Boca Raton, Florida 33431
United States
Phone 212-356-9500

Stock Details

Ticker Symbol NEWT
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001587987
CUSIP Number 652526203
ISIN Number US6525262035
Employer ID 46-3755188
SIC Code 6021

Key Executives

Name Position
Barry Scott Sloane President, Chairman and Chief Executive Officer
Halli Razon-Feingold Senior Vice President of Human Resources, Chief Administrative Officer and Director
Michael Adam Schwartz Chief Legal Officer, Chief Compliance Officer and Secretary
Nicholas J. Leger Senior Vice President and Treasurer
Peter Mathison Downs Chief Lending Officer, President of Newtek Small Business Finance and Director
Michael Scott Price Chief Financial Officer
Frank M. DeMaria Executive Vice President and Chief Accounting Officer
Taylor Quinn Senior Vice President and Chief Risk Officer

Latest SEC Filings

Date Type Title
Jun 18, 2024 8-K Current Report
Jun 13, 2024 8-K Current Report
Jun 4, 2024 8-K Current Report
May 30, 2024 8-K Current Report
May 30, 2024 CERT Certification by an exchange approving securities for listing
May 30, 2024 8-A12B Registration of securities
May 28, 2024 8-K Current Report
May 24, 2024 424B2 Prospectus
May 23, 2024 FWP Free Writing Prospectus
May 22, 2024 424B2 Prospectus