Welcome to our dedicated page for NewtekOne news (Ticker: NEWT), a resource for investors and traders seeking the latest updates and insights on NewtekOne stock.
NewtekOne, Inc. (NASDAQ: NEWT) generates a steady flow of news as a financial holding company focused on providing business and financial solutions to independent business owners. Company announcements frequently highlight developments across its banking, lending, payment processing, capital markets, and technology activities under the Newtek and NewtekOne brands.
Investors following NEWT news can expect regular updates on earnings results, including quarterly and year-to-date financial performance, as well as details on loan originations, deposit growth, and securitization activity. NewtekOne issues press releases around its earnings conference calls and investor presentations, offering insight into its operations, lending programs such as SBA 7(a), SBA 504, and Alternative Loan Program (ALP) loans, and its technology-enabled banking platform.
NewtekOne also publishes news related to capital structure and securities, including offerings of depositary shares representing interests in its Series B preferred stock, exchange offers for outstanding notes, and updates on listed senior notes and preferred securities. Additional announcements cover dividends on common and preferred shares, share repurchase authorizations and activity, and credit facilities supporting subsidiaries such as Newtek Merchant Solutions.
Operational news items may include leadership appointments within subsidiaries, enhancements to payment processing capabilities, and descriptions of how NewtekOne integrates banking, lending, and payments for business clients. For investors and observers interested in small-business-focused financial services, this news feed provides a centralized view of NewtekOne’s public disclosures, from strategic financing transactions to technology and product updates.
Bookmark this page to review NEWT headlines, earnings releases, capital markets announcements, and other official communications that shape the company’s story over time.
Newtek Business Services Corp (Nasdaq: NEWT) will announce its Q1 2022 financial results on May 4, 2022, after market close. A conference call is scheduled for May 5, 2022, at 8:30 am ET, hosted by CEO Barry Sloane and CAO Nicholas Leger. Investors can join the call via phone or listen to a live webcast on Newtek's website. The company offers a range of business solutions for small- and medium-sized businesses, including lending, technology solutions, and financial services, helping them grow and manage expenses effectively.
Newtek Business Services Corp. (NASDAQ: NEWT) announced a second quarter 2022 cash dividend of $0.75 per share, payable on June 30, 2022, to shareholders of record as of June 20, 2022. The Board aims to maintain a dividend policy that distributes approximately 90 - 100% of the company's annual taxable income. Newtek, an internally managed business development company, offers diverse business solutions to the SMB market since 1999, promoting growth while controlling expenses and risks across the U.S.
Newtek Business Services Corp. (NASDAQ: NEWT) announced that its subsidiary, Newtek Small Business Finance (NSBF), remains the largest non-bank lender licensed by the SBA under the Section 7(a) loan program, based on loan approval volume as of March 31, 2022. NSBF also ranks as the second largest SBA 7(a) lender overall, including banks. CEO Barry Sloane expressed confidence in the company’s continued focus on the SBA 7(a) lending program and anticipates growth. Financial results for Q1 2022 are expected to be reported in the first week of May.
Newtek Business Services Corp. (NASDAQ: NEWT) will host a technology symposium on March 24, 2022, in New York City, focusing on cybersecurity and data protection. The event features a panel of experts, including representatives from Newtek Technology Solutions and Dell Technologies. The discussions will cover strategies to minimize cyber risks and ensure data safety. Newtek, an internally managed business development company, offers a range of financial solutions to small- and medium-sized businesses across the U.S.
Newtek Business Services Corp. (NASDAQ: NEWT) announces a 15.4% increase in its second-quarter 2022 cash dividend forecast, raising it from $0.65 to $0.75 per share. The first-quarter dividend of $0.65 is payable on March 31, 2022, to shareholders of record on March 21, 2022. CEO Barry Sloane expressed confidence in the company’s performance amid global volatility, citing strong engagement and support from their client base across various financial solutions, which has resulted in higher financial returns.
Newtek Business Services Corp (NASDAQ: NEWT) announced a conference call on March 2, 2022, at 8:30 am ET. CEO Barry Sloane will discuss the pending acquisition of the National Bank of New York City, providing revised illustrations on the matter. The call will be accessible via telephone and a live webcast will be available on the company’s website. Newtek aims to deliver cost-efficient solutions to the SMB market and has been operational since 1999, focusing on business lending, technology solutions, and various financial services.
Newtek Business Services Corp. (NASDAQ: NEWT) reported its financial results for the year ending December 31, 2021, highlighting total investment income of $108.5 million, up 17.7% year-over-year. Net investment income decreased to $25.7 million, or $1.13 per share, a 25.8% drop from the previous year. However, adjusted net investment income surged 69.3% to $79.1 million, or $3.47 per share. The company achieved record SBA 7(a) loans of $560.6 million for the full year, forecasting $750 million for 2022. Newtek also declared a cash dividend of $0.652 per share for Q1 2022, representing a 30% increase.
Newtek Business Services Corp. (NASDAQ: NEWT) announced a forecasted cash dividend of $0.65 per share for the second quarter of 2022, matching the previously declared first quarter dividend. This brings the total to $1.30 per share for the first six months of the year. CEO Barry Sloane expressed satisfaction with the momentum from core businesses, leading to this dividend forecast. The dividend is subject to Board approval, aiming to distribute approximately 90-100% of annual taxable income to shareholders.
Newtek Business Services Corp (Nasdaq: NEWT) will release its full year 2021 financial results on February 23, 2022, after market closure. A conference call, led by CEO Barry Sloane and Chief Accounting Officer Nicholas Leger, is scheduled for February 24, 2022, at 8:30 am ET. Investors can access the call via phone or a live webcast on the company’s Investor Relations website. Newtek, offering extensive business solutions to small and medium-sized businesses since 1999, emphasizes growth, cost-efficiency, and risk reduction in its service portfolio.
Newtek Business Services Corp. (NASDAQ: NEWT) announced the successful closing of its $56.3 million commercial loan securitization via Newtek Conventional Lending LLC. The transaction, rated 'A' (sf) by DBRS Morningstar, is secured by a pool of conventional business loans, with a 65.0% advance rate and a yield of 3.209%. CEO Barry Sloane highlighted this as a significant milestone, expanding their lending capabilities beyond traditional SBA programs to accommodate diverse borrower needs. The company also plans to acquire National Bank of New York City, enhancing its service offerings.