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NewtekOne(NEWT) - 2025 Q3 - Earnings Call Transcript
2025-10-29 21:30
NewtekOne (NasdaqGM:NEWT) Q3 2025 Earnings Call October 29, 2025 04:30 PM ET Speaker1Good day, and thank you for standing by. Welcome to the NewtekOne Inc. third quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press *11 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your que ...
NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A.
Newsfilter· 2025-04-23 12:30
BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Boca Raton, FL, April 23, 2025 - NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) announced that Peter Downs has been named President of Newtek Bank, N.A. (the "Bank"). In addition, Frank M. DeMaria has been named Chief Financial Officer of the Company, with Scott Price maintaining the role as Chief Financial Officer of Newtek Bank, focusing on developing and executing the Bank's financial strategy. Barry Sloane, CEO, President and Chairman, said, "We acquir ...
NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A.
Globenewswire· 2025-04-23 12:30
Core Viewpoint - NewtekOne, Inc. has announced significant management changes, including the appointment of Peter Downs as President of Newtek Bank and Frank M. DeMaria as Chief Financial Officer, to support the company's growth strategy and enhance its technology-enabled banking services [1][2]. Management Changes - Peter Downs has been appointed as President of Newtek Bank, N.A. [1] - Frank M. DeMaria has been named Chief Financial Officer of NewtekOne, while Scott Price continues as CFO of Newtek Bank [1] - Thomas Soucy has been promoted to Chief Credit Officer of the Bank, and Nicholas Leger has been appointed CFO of several non-bank subsidiaries [2] Company Performance - NewtekOne acquired National Bank of New York City on January 6, 2023, and has successfully transformed it into a technology-enabled digital bank with a national presence [2] - The Bank reported a 42% efficiency ratio, 6% return on assets, and over 40% return on tangible common equity for 2024 [2] Strategic Focus - The company emphasizes the importance of technology in providing financial solutions to independent business owners, utilizing in-house developed applications such as The Newtek Advantage and NewTracker [2] - NewtekOne aims to continue its growth trajectory by embracing technology and enhancing its service offerings [2] Business Solutions Offered - NewtekOne provides a wide range of business and financial solutions, including banking, business lending, SBA lending solutions, electronic payment processing, and technology solutions [3][4]
NewtekOne(NEWT) - 2024 Q4 - Earnings Call Transcript
2025-02-27 18:25
Call Start: 08:30 January 1, 0000 9:34 AM ET NewtekOne, Inc. (NASDAQ:NEWT) Q4 2024 Earnings Conference Call February 27, 2025 08:30 AM ET Company Participants Barry Sloane - Founder, President & CEO Scott Price - CFO, NewtekOne & Newtek Bank National Association Conference Call Participants Crispin Love - Piper Sandler Steve Moss - Raymond James Tim Switzer - KBW Christopher Nolan - Ladenburg Thalmann Operator Good day, and thank you for standing by. Welcome to the NewtekOne, Inc. Fourth Quarter 2024 Earnin ...