NEWT icon

NewtekOne

10.80 USD
-0.03
0.28%
At close Apr 28, 4:00 PM EDT
After hours
10.80
+0.00
0.00%
1 day
-0.28%
5 days
6.09%
1 month
-8.94%
3 months
-17.37%
6 months
-20.35%
Year to date
-15.09%
1 year
-3.23%
5 years
-28.19%
10 years
-36.88%
 

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 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

133% more first-time investments, than exits

New positions opened: 28 | 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

13% more funds holding

Funds holding: 104 [Q3] → 118 (+14) [Q4]

7% more capital invested

Capital invested by funds: $113M [Q3] → $121M (+$8.07M) [Q4]

0.83% more ownership

Funds ownership: 35.08% [Q3] → 35.92% (+0.83%) [Q4]

Research analyst outlook

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

Low target
$14
30%
upside
Avg. target
$14
30%
upside
High target
$14
30%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Compass Point
Casey Alexander
40% 1-year accuracy
6 / 15 met price target
30%upside
$14
Neutral
Maintained
20 Mar 2025

Financial journalist opinion

Based on 7 articles about NEWT published over the past 30 days

Positive
Seeking Alpha
12 hours ago
NewtekOne: A Combination Of Value And Yield
NewtekOne, Inc. has transitioned from a BDC to a bank holding company, leveraging its SBA loan expertise to recycle capital and generate non-interest income. Despite a 7% dividend yield and a low PE ratio, market skepticism persists due to uncertainty around its CLO equity tranche and perceived lack of disruption. The company has grown its tangible book value by 10.5% CAGR and deposits by over 600%, supporting significant loan portfolio growth.
NewtekOne: A Combination Of Value And Yield
Neutral
GlobeNewsWire
5 days ago
NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes
BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has closed a $184 million securitization backed by $216 million of Alternative Loan Program (“ALP”) loans.
NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes
Neutral
GlobeNewsWire
5 days ago
NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A.
BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Boca Raton, FL, April 23, 2025 - NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced that Peter Downs has been named President of Newtek Bank, N.A. (the “Bank”). In addition, Frank M. DeMaria has been named Chief Financial Officer of the Company, with Scott Price maintaining the role as Chief Financial Officer of Newtek Bank, focusing on developing and executing the Bank's financial strategy.
NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A.
Positive
Zacks Investment Research
2 weeks ago
NewtekOne (NEWT) Surges 7.2%: Is This an Indication of Further Gains?
NewtekOne (NEWT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
NewtekOne (NEWT) Surges 7.2%: Is This an Indication of Further Gains?
Neutral
GlobeNewsWire
2 weeks ago
NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025
BOCA RATON, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) is pleased to provide the following preliminary loan and deposit metrics for its first quarter ending March 31, 2025:
NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025
Neutral
GlobeNewsWire
3 weeks ago
NewtekOne, Inc. to Report First Quarter 2025 Results on Tuesday, May 6, 2025 and Host a Conference Call on Wednesday, May 7, 2025
BOCA RATON, Fla., April 04, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, M. Scott Price, Chief Financial Officer, and Frank DeMaria, Chief Accounting Officer, the following day, Wednesday, May 7, 2025, at 8:30 am ET.
NewtekOne, Inc. to Report First Quarter 2025 Results on Tuesday, May 6, 2025 and Host a Conference Call on Wednesday, May 7, 2025
Neutral
GlobeNewsWire
4 weeks 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.
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
Neutral
GlobeNewsWire
1 month 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").
NewtekOne, Inc. Closes Private Offering of Senior Unsecured Notes
Neutral
GlobeNewsWire
1 month 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.
Newtek Merchant Solutions Hires John O'Connor as Chief Revenue Officer
Neutral
GlobeNewsWire
1 month 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.
Newtek Bank, N.A. Hires Vik Mahajan as Chief Investment Officer
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