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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...
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BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today that its joint venture, Newtek-TSO II Conventional Credit Partners, LP (“Newtek-TSO”), has closed a securitization backed by alternative business loa...
2024-07-23 10:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-07-08 09:00:23 ET Newtek Business Services Corp (NEWT) declaring a stock dividend of $0.19 per share on Ex-Date : July 09, 2024. Shareholders on record as of July 09, 2024 are eligible for the dividend. The payment date is scheduled for July 19, 2024, and the declaration was of...