NewtekOne(NEWT)
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NewtekOne(NEWT) - 2024 Q3 - Quarterly Report
2024-11-12 21:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ Commission file number: 814-01035 NEWTEKONE, INC. (Exact name of registrant as specified in its charter) | --- | --- | |-------------------------------- ...
NewtekOne(NEWT) - 2024 Q3 - Earnings Call Transcript
2024-11-07 17:18
NewtekOne, Inc. (NASDAQ:NEWT) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Barry Sloane - Founder, President and CEO Scott Price - Chief Financial Officer, NewtekOne and Newtek Bank National Association Nicolas Young - President and COO, Newtek Bank Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Operator Good day and thank you for standing by. Welcome to the NewtekOne, In ...
NewtekOne(NEWT) - 2024 Q3 - Earnings Call Presentation
2024-11-07 13:39
| --- | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | NASDAQ: NEWT Third Quarter 2024 Financial Results Conference Call November 7, 2024 Hosted and Presented by: Barry Sloane, CEO & President ...
NewtekOne (NEWT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-07 02:00
NewtekOne (NEWT) reported $62.83 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 23.3%. EPS of $0.45 for the same period compares to $0.38 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $61.76 million, representing a surprise of +1.73%. The company delivered an EPS surprise of +9.76%, with the consensus EPS estimate being $0.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...
NewtekOne (NEWT) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-11-07 01:01
NewtekOne (NEWT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.76%. A quarter ago, it was expected that this provider of financial and business services to small-and medium-sized business would post earnings of $0.41 per share when it actually produced earnings of $0.43, deliverin ...
NewtekOne, Inc. Reports Third Quarter 2024 Earnings of $0.45 per Basic and Diluted Common Share
GlobeNewswire News Room· 2024-11-06 21:10
BOCA RATON, Fla., Nov. 06, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (Nasdaq: NEWT), reports its financial and operating results for the three and nine months ended September 30, 2024. NewtekOne Financial Highlights for the Three Months Ended September 30, 2024 Net income was $11.9 million, and earnings per share (“EPS”) was $0.45 per basic and diluted common share, for the three months ended September 30, 2024; a 4.7% increase, on a per share basis, compared to $10.9 million and $0.43 per basic and diluted ...
Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-11-05 15:20
In its upcoming report, NewtekOne (NEWT) is predicted by Wall Street analysts to post quarterly earnings of $0.41 per share, reflecting an increase of 7.9% compared to the same period last year. Revenues are forecasted to be $61.76 million, representing a year-over-year increase of 21.2%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...
NewtekOne, Inc. Announces Appointment of a New Independent Director
GlobeNewswire News Room· 2024-10-31 14:50
BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today the appointment of Craig "CJ" Brunet as a member of the boards of directors of NewtekOne, Inc. and Newtek Bank N.A. Mr. Brunet's career spans over 50 years with his experience rooted in the information technology and financial services sectors with specific focus in strategic planning, mergers and acquisitions, Software as a Service (SaaS), patent commercialization, cyber security, compliance, and risk managem ...
NewtekOne, Inc. CEO, Barry Sloane, to Present at the LD Micro Main Event XVII on October 29, 2024
GlobeNewswire News Room· 2024-10-25 14:55
BOCA RATON, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that NewtekOne's CEO and President, Barry Sloane, will present at the LD Micro Main Event XVII on Tuesday, October 29, 2024 at 11:00AM ET (8:00AM PT), Track 1, at the Luxe Sunset Blvd Hotel in Los Angeles, CA. Mr. Sloane will hold one-on-one meetings on October 29-30, 2024. To schedule a meeting, please contact your LD Micro representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne at jcavu ...
Newtek Bank, N.A. Achieves 11.7% Deposit Growth in the Third Quarter 2024
GlobeNewswire News Room· 2024-10-08 15:16
BOCA RATON, Fla., Oct. 08, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it expects to report deposits at Newtek Bank, N.A. of $742 million as of September 30, 2024; an expected sequential increase of 11.7% over $664 million at June 30, 2024, and an increase of 43% over $519 million at December 31, 2023. Insured deposits are expected to represent approximately 75% of total deposits at September 30, 2024. In the all-important category of business core deposits, we expect to fin ...