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NewtekOne, Inc. to Report Third Quarter 2024 Financial Results on Wednesday, November 6, 2024 After the Market Closes
NewtekOneNewtekOne(US:NEWT) GlobeNewswire News Roomยท2024-10-02 14:51

Core Viewpoint - NewtekOne, Inc. is set to report its third quarter 2024 financial results on November 6, 2024, with a conference call scheduled for November 7, 2024, where the company will also provide 2025 business projections [1][3]. Company Overview - NewtekOne, Inc. is a financial holding company that offers a variety of business and financial solutions to independent business owners across all 50 states since 1999 [4]. - The company operates under the Newtek brand and provides cost-efficient products and services aimed at helping businesses grow sales, control expenses, and reduce risk [4]. Business Solutions - NewtekOne's offerings include banking services through Newtek Bank, business lending, SBA lending solutions, electronic payment processing, technology solutions (such as cloud computing and IT consulting), eCommerce, accounts receivable and inventory financing, insurance solutions, web services, and payroll and benefits solutions [5]. Management Commentary - Barry Sloane, CEO, expressed confidence in the company's performance despite a challenging equity market, highlighting a strong demand from small- and medium-sized businesses for NewtekOne's solutions [3]. - The company remains comfortable with its previously issued 2024 annual EPS guidance and plans to discuss its growth trajectory during the upcoming earnings call [3].