BOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it has closed a registered public offering (the "Offering") of $75.0 million aggregate principal amount of its 8.625% Fixed Rate Senior Notes due 2029 (the "Notes"). The Notes will mature on October 15, 2029, and may be redeemed by the Company, in whole or in part, at any time on or after October 15, 2026, at a redemption price equal to 100% of the outstanding principal amount to be redeemed plus accrued ...

tumsasedgars NewtekOne, Inc. (NASDAQ:NEWT) has its fan base. We are not part of it. You can get that straight from our coverage of the stock. Out of the last 8 ratings we have generated for the company, 1 has been a Sell and 7 have been a Hold. NewtekOne: 6x Earnings With A 6.5% Dividend Yield NEWT · Mar. 06, 2024 · 16 Comments · Make Analyst's Pick HOLD NewtekOne: Look For Further Downgrades To Growth Outlook NEWT, NEWTI · Dec. 28, 2023 · 56 Comments · Make Analyst's Pick 90LD NewtekOne: The 8.1% Baby Bond ...

BOCA RATON, Fla., Sept. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it is reconfirming its 2024 annual earnings per share ("EPS") forecast in a range of $1.85 to $2.05 per basic and diluted common share. Barry Sloane, Chairman, President and Chief Executive Officer said, "Despite a challenging, volatile equity market for financially related businesses, we continue to be proud of our management team for executing on our goals and metrics, satisfying the needs of our busin ...

BOCA RATON, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) has hired Mr. Andrew Kaplan as Chief Strategy Officer, effective today. Mr. Kaplan comes to NewtekOne with over 35 years of experience in banking and financial services, with the focus on creating and managing diverse business lines such as payments, digital banking, retail banking, premier banking, and marketing. Most recently, Mr. Kaplan was the Chief Digital Officer at Flagstar Bank, N.A., where he helped transform a dorm ...

BOCA RATON, Fla., Aug. 28, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ: NEWT), announced today that NewtekOne's CEO and President, Barry Sloane, and CFO, M. Scott Price, will attend, and hold one-on-one and group investor meetings at the Raymond James 2024 U.S. Banking and Banking on Tech Conference September 4-5, 2024 at the Marriot Marquis Chicago. To schedule a meeting, please contact your Raymond James representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne, at ...

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 June 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) | --- | --- | |------------------------------------- ...

| --- | --- | --- | |-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | NASDAQ: NEWT Second Quarter 2024 Financial Results Conference Call August 6, 2024 | | | | Hosted and Presented by: Barry Sloane, CEO & President M. Scott Price, CFO | | | | Also Attending Nicolas Young, President, Newtek Bank, N.A. Investor Relations Jayne Cavuoto Director of Investor ...

NewtekOne, Inc. (NASDAQ:NEWT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Barry Sloane - President, Chairman and Chief Executive Officer Scott Price - Chief Financial Officer Frank Di Maria - Chief Accounting Officer Nicolas Young - President and Chief Operating Officer, Newtek Bank, N.A Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Bryce Rowe - B. Riley Operator Good day and t ...

Mr. Sloane continued, "The weighted-average coupon of the collateral pool is expected to be approximately 12.68% following the end of the prefunding period, plus the servicing fee of 100 basis points to the Company, provides the NALP Business Loan Trust 2024-1 with approximately 11.68% of net weighted-average yield on its assets. The weighted average yield to investors in the Notes was 6.724%. There is approximately a 500 basis point margin on loan coupon to support bond holder yield. We welcome investors a ...

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 ("NewtekTSO"), has closed a securitization backed by alternative business loans, selling $137,170,000 of Class A Notes and $17,150,000 of Class B Notes (collectively, the "Notes") issued by NALP Business Loan Trust 2024-1. The Notes are backed by $190,520,000 of collateral, consisting of $159,770,000 of Company originated a ...