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NewtekOne, Inc. (NASDAQ: NEWT) delivers innovative financial solutions through its integrated banking, lending, and technology platforms. This news hub provides investors and business professionals with direct access to official announcements, strategic developments, and regulatory updates from the financial services innovator.
Track NewtekOne's latest earnings reports, partnership announcements, and technology initiatives through verified press releases. Our curated collection ensures timely access to material disclosures including SBA lending updates, payment processing innovations, and compliance-related communications.
Key updates across NewtekOne's core operations: banking service expansions, business loan program developments, payment technology enhancements, and strategic partnership announcements. Stay informed about regulatory filings and corporate governance updates that impact the company's market position.
Bookmark this page for streamlined access to NewtekOne's financial communications. Combine these official updates with third-party analysis available through Stock Titan's research tools for comprehensive market understanding.
NewtekOne, Inc. (NASDAQ: NEWT) will announce its Q1 2023 financial results on May 8, 2023, after market close. Following this, a conference call with CEO Barry Sloane and Chief Accounting Officer Nicholas Leger will be held on May 9, 2023, at 8:30 am ET. Investors can register for the call online and the presentation will be accessible on the investor relations page of NewtekOne’s website. The company provides various business and financial solutions, including banking, lending, payment processing, and technology solutions primarily targeting small and medium-sized businesses across the U.S. For further details, interested parties can view the announcements and documents pertinent to the upcoming earnings release and conference call.
NewtekOne, Inc. (NASDAQ: NEWT) provided an update on its key performance indicators for Q1 2023. The firm reported total tier-one capital of approximately $78 million and total assets of $250 million at its bank subsidiary. Newtek Bank raised $110 million in deposits, bringing total deposits to around $251 million as of March 31, 2023. The company observed a 12% increase in loan closings year-over-year. SBA 7(a) loans originated are at Prime plus 3.0%, yielding positive net interest margins. The company reaffirmed its forecast for Q1 2023 after-tax earnings per share at $0.41, anticipating strong performance as a financial holding company moving forward.
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