NewtekOneNEWT
NEWT
About: NewtekOne Inc is a financial holding company engaged in providing financial solutions to its Client Base. It is an internally managed non-diversified closed-end management investment company. It has four reportable segments Banking, Alternative Lending, Technology, NSBF, and Payments.
Employees: 591
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
142% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 12
132% more call options, than puts
Call options by funds: $538K | Put options by funds: $232K
108% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 25
14% more funds holding
Funds holding: 104 [Q3] → 119 (+15) [Q4]
7% more capital invested
Capital invested by funds: $113M [Q3] → $121M (+$7.65M) [Q4]
0.7% more ownership
Funds ownership: 35.21% [Q3] → 35.92% (+0.7%) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$14
27%
upside
Avg. target
$14
27%
upside
High target
$14
27%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Compass Point Casey Alexander 94% 1-year accuracy 15 / 16 met price target | 27%upside $14 | Neutral Maintained | 20 Mar 2025 |
Financial journalist opinion
Based on 4 articles about NEWT published over the past 30 days
Neutral
GlobeNewsWire
3 days ago
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., March 31, 2025 (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 April 30, 2025, to shareholders of record as of April 15, 2025.
Neutral
GlobeNewsWire
2 weeks ago
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 2030 (the “Notes” and the "Offering").
Neutral
GlobeNewsWire
3 weeks ago
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 John O'Connor as Chief Revenue Officer. Initially, Mr. O'Connor will support NMS's efforts to make its merchant processing clients aware of the vast array of business and financial solutions offered by NewtekOne and its subsidiaries, including business checking and savings accounts with no fees and attractive interest rates. Most recently, Mr. O'Connor was chief growth officer for Nationwide TFS, LLC, a financial technology company and the largest electronic payments provider for the Chapter 13 bankruptcy industry. Prior to Nationwide TFS, John spent more than 30 years at Citigroup in various leadership roles responsible for directing the design and delivery of market programs at scale. Mr. O'Connor holds an M.B.A. from Hofstra University and a B.S. in business administration from Boston University School of Management.
Neutral
GlobeNewsWire
4 weeks ago
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” Mahajan as Chief Investment Officer. Mr. Mahajan will be responsible for enhancing and optimizing Newtek Bank's execution of loan sales, including SBA 504 loans and the government-guaranteed portions of SBA 7(a) loans; in addition, he will run point on sourcing loan purchase and sale opportunities for Newtek Bank. With 25 years of experience in investment banking, financial services, and consulting, Vik brings a wealth of knowledge, experience, and contacts to Newtek Bank. Most recently, Mr. Mahajan was chief strategy officer and head of capital markets and data analytics for iCreditWorks where he led strategic initiatives across business expansion, commercial partnerships, and capital markets. Prior to iCreditWorks, Vik led the Financial Institutions Group (FIG) investment banking efforts at Deutsche Bank and Credit Suisse. Mr. Mahajan holds an M.B.A. from the University of Rochester's William E. Simon Graduate School of Business Administration and a B.S. in Mechanical engineering from the National Institute of Technology Karnataka, a top ten engineering school in India.
Neutral
GlobeNewsWire
1 month ago
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 responsibility for all aspects of the Company's investor relations functions. Mr. Rowe joins the Company with 25 years of experience as an equity research analyst covering small-cap banks and business development companies (BDCs). Most recently, Bryce was a senior equity research analyst at B. Riley Securities. Mr. Rowe holds a B.A. from the University of Virginia and was awarded the Chartered Financial Analyst (CFA) designation in 2003.
Neutral
Seeking Alpha
1 month ago
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 & Newtek Bank National Association Conference Call Participants Crispin Love - Piper Sandler Steve Moss - Raymond James Tim Switzer - KBW Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. Fourth Quarter 2024 Earnings Conference Call.
Neutral
Zacks Investment Research
1 month ago
NewtekOne (NEWT) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for NewtekOne (NEWT) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Positive
Zacks Investment Research
1 month ago
NewtekOne (NEWT) Q4 Earnings and Revenues Surpass Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.53 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
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
Positive
Zacks Investment Research
1 month ago
Gear Up for NewtekOne (NEWT) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for NewtekOne (NEWT), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
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