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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NewtekOne's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NewtekOne's position in the market.
Rhea-AI Summary
NewtekOne, Inc. (NASDAQ: NEWT) will report its Q4 and full year 2023 financial results on March 5, 2024. A conference call to discuss the results will be held on March 6, 2024. Participants can register online to attend the call or webcast and access the presentation on the company's website. A replay will also be available for 90 days.
Rhea-AI Impact
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End-of-Day
-1.37%
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Rhea-AI Summary
NewtekOne, Inc. (NASDAQ: NEWT) has released the '2024 Newtek Advantage™ Guide to Success' aimed at independent business owners. The guide offers insights on increasing revenues, reducing expenses, and improving productivity. The Chairman, President, and CEO, Barry Sloane, emphasizes the company's commitment to helping business owners succeed, leveraging 25 years of institutional knowledge and data. The guide also covers the acquisition of Newtek Bank, N.A. and the 'Newtek Advantage™'.
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Rhea-AI Sentiment
End-of-Day
-1.17%
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NewtekOne, Inc. (NASDAQ: NEWT) announced that S&P Global Ratings raised ratings on four classes of notes issued by Newtek Small Business Loan Trusts 2018-1 and 2019-1. The ratings upgrades reflect stable performance, increasing credit enhancement, and structural features of the transactions. The loans in these securitizations outperformed credit expectations despite the effects of the pandemic and interest rate shocks of 2022 and 2023. Newtek's unique method of loan acquisition, underwriting, and portfolio management is highlighted, along with the positive credit performance of its alternative loan financing and SBA 504 programs.
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End-of-Day
-1.6%
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NewtekOne, Inc. (NASDAQ: NEWT) announced record-breaking SBA 7(a) loan closings, with $262.9 million for Q4 2023 and $828.1 million for 2023, representing a 20.6% and 7.3% increase, respectively, over previous records. Newtek Bank expects a 23% increase in Q1 2024. The company's total loan closings reached $1.1 billion in 2023, compared to $911.5 million in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
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NewtekOne, Inc. (NASDAQ: NEWT) declares a quarterly cash dividend of $0.18 per share
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Rhea-AI Sentiment
End-of-Day
-3.23%
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NewtekOne, Inc. (NASDAQ: NEWT) partners with 1-800Accountant to offer accounting services to independent business owners. The partnership aims to provide digital bookkeeping, personalized accounting solutions, and tax advisory services to NewtekOne's clients, enhancing their business and finance solutions. The integration with Newtek Bank's online banking, payment processing, and payroll functionalities will offer a complete, real-time dashboard to clients, setting Newtek Bank apart from traditional banks.
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End-of-Day
0.45%
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NewtekOne, Inc. (NEWTEK) has appointed Jennifer Merritt as Chief Operating Officer of digital banking operations at its bank subsidiary, Newtek Bank, N.A. Ms. Merritt brings over a decade of banking experience, specializing in digital banking and banking-product development. With a background in strategic operations, online banking platform development, and regulatory compliance, she aims to enhance operational efficiencies and transform deposit opportunities at Newtek Bank. The company plans to leverage Ms. Merritt's expertise to grow commercial bank deposits and provide best-in-class service to its clients.
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Rhea-AI Sentiment
End-of-Day
-1.86%
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NEWT: NewtekOne Announces Strong Q3 2023 Financial Results and Strategic Acquisitions
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End-of-Day
-7.23%
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NewtekOne, Inc. to report Q3 2023 financial results on November 7, 2023
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Rhea-AI Sentiment
End-of-Day
1.22%
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NewtekOne's CEO and President, Barry Sloane, will present at the LD Micro 'Sweet Sixteen' Main Event XVI tomorrow. The livestream of the presentation can be accessed on Newtek's website. A replay will be available for 90 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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NewtekOne, Inc.
Nasdaq:NEWT
NEWT Rankings
NEWT Stock Data
310.81M
23.21M
6.76%
38.26%
7.57%
Securities and Commodity Exchanges
Finance and Insurance
United States of America
BOCA RATON
About NEWT
newtek business services corp. has been in business since 1998, servicing over 100,000 business accounts in all 50 states. newtek aims to provide real-time, state-of-the-art content and business services in order to become the definitive destination for business owners across the united states. we are: a credible business partner with over $100 million of stockholders equity, over $160 million in revenues and over 100,000 business accounts we have operated as a publicly traded company for over eleven years, currently under sarbanes-oxley regulation all of our corporate data, as well as your company data, is stored in our military-strength facility in arizona, which is both sas-70 type ii and pci compliant we have fully transparent financial statements which can be found online in our investor relations section, http://investor.newtekbusinessservices.com. or at sec.gov we are the chosen counterparty for small growing entrepreneurial independent business owners across the united states.