NEWT News and Press, Newtek Business Services Corp. From 09/14/23

2023-09-14 08:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw slim positive returns in August. The Federal Reserve approved a quarter-point interest rate hike to combat rising inflation, with interest rates hitting a range of 5.25% to 5.5%. Net investmen...

BOCA RATON, Fla., Aug. 31, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT), announced today that it has completed a registered public offering of $40.0 million aggregate principal amount of its 8.00% Fixed Rate Senior Notes du...

2023-08-21 11:00:30 ET More on NewtekOne NewtekOne: Q2 2023 Updates, Valuation Redo, Reiterate Buy NewtekOne, Inc. ( NEWT ) Q2 2023 Earnings Call Transcript NewtekOne Inc. 2023 Q2 - Results - Earnings Call Presentation NewtekOne: Critical Look At The Enti...

BOCA RATON, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that the Board of Directors of its bank subsidiary, Newtek Bank, N.A,. has declared a dividend of $2.0 million, payable to NewtekOne. Barry Sloane, Chairman,...

2023-08-08 09:10:00 ET Summary S&P 500 and Dow Jones Industrial Average both saw positive returns of around 3% in July. The Federal Reserve approved a quarter point interest rate hike to 5.5% to combat rising inflation. The inflation rate for the United States was 3.0% for the...

2023-08-07 02:36:38 ET Summary NewtekOne's deposit growth is exceeding forecasts - the bank could reach $1 billion in deposits by Q2 2024. However, its growth is currently bottlenecked by the rate of loan issuances. NewtekOne recently hired 3 executives, all of whom are from the f...

2023-08-03 13:46:08 ET NewtekOne, Inc. (NEWT) Q2 2023 Earnings Conference Call August 03, 2023 08:30 AM ET Company Participants Barry Sloane - President and CEO Nicholas Leger - CAO Scott Price - CFO, NewtekOne HoldCo and Newtek Bank National Association Co...

2023-08-02 16:39:20 ET NewtekOne press release ( NASDAQ: NEWT ): Q2 GAAP EPS of $0.26 misses by $0.02 . Revenue of $52.1M (+171.4% Y/Y) misses by $1.11M . For further details see: NewtekOne GAAP EPS of $0.26 misses by $0.02, revenue of $52.1M misses by $1...

BOCA RATON, Fla., Aug. 02, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc . (Nasdaq: NEWT), announced today its financial and operating results for the three and six months ended June 30, 2023. This is NewtekOne's second quarter reporting, and first full quarter reporting, as a financia...

2023-08-01 17:35:56 ET NewtekOne ( NASDAQ: NEWT ) is scheduled to announce Q2 earnings results on Wednesday, August 2nd, after market close. The consensus EPS Estimate is $0.17 (-77.3% Y/Y) and the consensus Revenue Estimate is $53.21M (+177.1% Y/Y). Over the last 2 ye...