NewtekOne (NEWT)

• Market cap: $337M
• 1 day: 0.87%
• 5 days: -4.76%
• 1 month: -13.21%
• 3 months: 7.92%
• 6 months: 3.89%
• Year to date: -6.90%
• 1 year: -13.62%
• 5 years: -43.57%
• 10 years: -5.74%
• Sector: Financials
• Industry: National Commercial Banks

About: NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions. It has four reportable segments Banking, Technology, NSBF, and Payments.

Employees: 570

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

28% more call options, than puts

Call options by funds: $604K | Put options by funds: $472K

22% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 32

11% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 18

2% more funds holding

Funds holding: 101 [Q2] → 103 (+2) [Q3]

5.24% less ownership

Funds ownership: 40.31% [Q2] → 35.07% (-5.24%) [Q3]

10% less capital invested

Capital invested by funds: $125M [Q2] → $113M (-$12.6M) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $14 9% upside
• Avg. target: $14.67 14% upside
• High target: $15 17% upside

3 analyst ratings

• positive: 0 0%
• neutral: 3 100%
• negative: 0 0%

B. Riley Securities Bryce Rowe 50% 1-year accuracy 4 / 8 met price target	9% upside $14	Neutral Maintained	19 Dec 2024
Piper Sandler Crispin Love 65% 1-year accuracy 17 / 26 met price target	17% upside $15	Neutral Maintained	11 Nov 2024
Keefe, Bruyette & Woods Timothy Switzer 89% 1-year accuracy 17 / 19 met price target	17% upside $15	Market Perform Reiterated	8 Nov 2024