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NewtekOne, Inc. - Common Stock (NEWT)

10.77
+0.09 (0.84%)
NASDAQ · Last Trade: Dec 1st, 6:16 PM EST
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NewtekOne, Inc. Commences Exchange Offer for 2026 Notes
BOCA RATON, Fla., Dec. 01, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) today announced the commencement of an offer to exchange (the “Exchange Offer”) any and all of its outstanding 5.50% Notes due 2026 (the “Old Notes”) for an equal principal amount of newly issued 8.50% Fixed Rate Senior Notes due 2031 (the “New Notes”). The Exchange Offer is being made pursuant to a registration statement on Form S-4 filed with the Securities and Exchange Commission (the “SEC”).
By NewtekOne, Inc. · Via GlobeNewswire · December 1, 2025
NewtekOne, Inc. Announces Investor/Analyst Day and Provides 4Q25 Update
BOCA RATON, Fla., Dec. 01, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT) is pleased to announce the following updates for its fourth quarter ending December 31, 2025 (“4Q25”).
By NewtekOne, Inc. · Via GlobeNewswire · December 1, 2025
Newtek Merchant Solutions Hires Justine Martin as Chief Revenue Officer
BOCA RATON, Fla., Nov. 05, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has hired Justine Martin as Chief Revenue Officer. In addition to teaching, training, and mentoring staff of NMS, Ms. Martin will focus on improving integration between the Company’s payments, banking, and lending functions. Ms. Martin will report to Barry Sloane, NMS’ Chief Executive Officer, and Michael Gleason, President and Chief Operating Officer of NMS. Ms. Martin will manage staff of NMS through NMS’ business development and customer servicing teams led by David Devers, Senior Vice President of NMS, and Lori Raffaelli, Vice President of NMS.
By NewtekOne, Inc. · Via GlobeNewswire · November 5, 2025
NewtekOne, Inc. Reports 3Q25 and Year-to-Date 2025 Basic and Diluted EPS of $0.68 and $0.67 and $1.57 and $1.54
Year-over-Year Quarterly and Year-to-Date Diluted EPS Growth Approximate 49% and 22%
By NewtekOne, Inc. · Via GlobeNewswire · October 29, 2025
NewtekOne, Inc. to Report Third Quarter 2025 Results and Host a Conference Call on Wednesday, October 29, 2025
BOCA RATON, Fla., Oct. 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its third quarter 2025 financial results after the market closes on Wednesday, October 29, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and Frank DeMaria, Chief Financial Officer of NewtekOne at 4:30 pm ET on Wednesday, October 29, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · October 8, 2025
Newtek Merchant Solutions Obtains Term Facility and Line of Credit from Goldman Sachs Alternatives
BOCA RATON, Fla., Sept. 30, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or “Company”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Merchant Solutions, LLC (“NMS”), has refinanced its term debt facility and revolving line of credit. Private Credit at Goldman Sachs Alternatives is providing NMS with a $90 million term loan facility and a $5 million line of credit. A portion of the proceeds funded the full repayment of NMS’s approximately $30 million of outstanding term debt with another lender. In addition, a $10 million undrawn line of credit with that lender was eliminated.
By NewtekOne, Inc. · Via GlobeNewswire · September 30, 2025
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., Sept. 30, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on October 24, 2025, to shareholders of record as of October 14, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · September 30, 2025
NewtekOne, Inc. Declares Dividend on Series B Preferred Shares
BOCA RATON, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) has declared a dividend on the Company’s outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “Preferred Shares”) in the amount of $9.44 per Preferred Share, or $0.2361 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on October 1, 2025 to holders of record as of September 29, 2025. This initial dividend payment on the Preferred Shares is pro-rated for the initial dividend period from the date of the issuance of the Preferred Shares on August 20, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · September 29, 2025
NewtekOne, Inc. to Participate in the Lytham Partners Fall 2025 Investor Conference on September 30, 2025
BOCA RATON, Fla., Sept. 19, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) today announced that it will participate in a webcast presentation and host one-on-one meetings with investors at the Lytham Partners Fall 2025 Investor Conference, taking place virtually on Tuesday, September 30, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · September 19, 2025
Patriot Financial Partners, L.P. Exchanges NewtekOne, Inc. Convertible Preferred Shares for Common Equity and Makes $10 Million Incremental Investment
BOCA RATON, Fla., Sept. 17, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne” or the “Company”) (NASDAQ: NEWT) and Patriot Financial Partners, L.P. (“Patriot”) announced today that they have completed a transaction pursuant to which in exchange for all of Patriot’s 20,000 shares of the Company’s convertible preferred stock, Series A, $0.02 par value per share (the “Series A Preferred Stock”) and $10.0 million in cash, the Company issued to Patriot 2,307,692 shares of its common stock, par value $0.02 per share (the “Common Shares”). With the exchange, Patriot relinquishes the right to convert the 20,000 shares of convertible preferred stock into 950,800 shares of common stock. The Common Shares were issued to Patriot in a private placement transaction in reliance on Section 4(a)(2) of the Securities Act of 1933, as amended. The Common Shares are subject to, among other things, a two-year transfer restriction.
By NewtekOne, Inc. · Via GlobeNewswire · September 17, 2025
NewtekOne and Newtek Bank Unveil Real-Time, All-in-One Business Banking + Merchant Solutions in a Single Online Process
BOCA RATON, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“Newtek”) (NASDAQ: NEWT) and its national bank subsidiary Newtek Bank, N.A. (“Newtek Bank”) have launched a game-changing innovation for independent business owners: a fully integrated onboarding process that delivers both an approved Newtek Bank true Newtek Zero-Fee Business Banking® checking account and a Newtek Merchant Solutions, LLC (“NMS”) merchant payment solution—simultaneously, using a single, streamlined data capture in a single online application process.
By NewtekOne, Inc. · Via GlobeNewswire · August 4, 2025
NewtekOne, Inc. Upsizes Additional Warehouse Facility to Support Growth of ALP Business
BOCA RATON, Fla., July 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne”) (NASDAQ: NEWT) announced that its consolidated subsidiary, Newtek ALP Holdings, amended its revolving credit facility with Capital One, N.A. (“Capital One”), which is employed to fund the origination of Alternative Loan Program (“ALP”) loans before they are placed into securitizations. The amendment provides for, among other things, a facility increase from $60 million to $100 million and a maturity extension of two years. The amended and extended Capital One facility comes on the heels of the Deutsche Bank ALP facility being amended in June.
By NewtekOne, Inc. · Via GlobeNewswire · July 29, 2025
NewtekOne, Inc. Closes Offering of Depositary Shares Each Representing 1/40th of an Interest in its Series 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B
BOCA RATON, Fla., Aug. 25, 2025 (GLOBE NEWSWIRE) -- On August 20, 2025, NewtekOne, Inc. (the “Company” or “NewtekOne”) (NASDAQ: NEWT) successfully closed an offering of 2,000,000 depositary shares (the “Depositary Shares”), each representing a 1/40th interest in a share of the Company's 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), with a liquidation preference of $1,000 per share (equivalent to $25.00 per Depositary Share). The offering generated approximately $48.357 million in net proceeds to the Company. In addition, the Company granted the underwriters a 30-day option to purchase up to an additional 150,000 Depositary Shares at the public offering price less the applicable underwriting discount. The newly issued Series B Preferred Stock will pay (and the holders of the Depositary Shares will correspondingly receive) a non-cumulative 8.500% per annum cash dividend (payable quarterly when, as and if declared by the Company’s board of directors, on January 1, April 1, July 1 and October 1 of each year, beginning on October 1, 2025) through October 1, 2030, at which time the dividend rate will reset based on the five-year US treasury rate on the relevant determination date plus a fixed spread and thereafter will reset on the fifth anniversary of the preceding reset date, with the dividend rate determined in the same manner.
By NewtekOne, Inc. · Via GlobeNewswire · August 25, 2025
NewtekOne, Inc. Reports Basic and Diluted EPS of $0.53 and $0.52 for the Three Months Ended June 30, 2025
BOCA RATON, Fla., July 28, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (Nasdaq: NEWT) reports its financial and operating results for the three months ended June 30, 2025 ("2Q25").
By NewtekOne, Inc. · Via GlobeNewswire · July 28, 2025
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., June 25, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on July 21, 2025, to shareholders of record as of July 9, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · June 25, 2025
NewtekOne, Inc. Upsizes Warehouse Facility to Support Growth of ALP Business
BOCA RATON, Fla., June 18, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that its consolidated subsidiary, Newtek ALP Holdings, amended and upsized its revolving credit facility with Deutsche Bank AG (“DB”), which facility is employed to fund the origination of Alternative Loan Program (“ALP”) loans before they are placed into securitizations. The amendment provides for, among other things, a facility increase to $170 million. DB has been an ALP warehouse lender to the Company since 2019. As previously reported on April 23, the Company closed a $184 million securitization backed by $216 million of ALP loans, which represented the Company’s third asset-backed securitization secured by ALP loans, and the Company’s 16th rated securitization.
By NewtekOne, Inc. · Via GlobeNewswire · June 18, 2025
NewtekOne, Inc. to Report Second Quarter 2025 Results and Host a Conference Call on Monday, July 28, 2025
BOCA RATON, Fla., June 02, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) will report its second quarter 2025 financial results after the market closes on Monday, July 28, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, Frank DeMaria, Chief Financial Officer of NewtekOne, and M. Scott Price, Chief Financial Officer of Newtek Bank, N.A., at 4:30 pm ET on Monday, July 28, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · June 2, 2025
NewtekOne, Inc. Reports Basic and Diluted EPS of $0.36 and $0.35 for the Three Months Ended March 31, 2025
EPS Exceeded NewtekOne's Projected $0.28-$0.32 Range
By NewtekOne, Inc. · Via GlobeNewswire · May 6, 2025
NewtekOne, Inc. Closes ALP Loan Securitization with Sale of $184 Million of Rated Notes
Transaction Marks NewtekOne’s 16th Securitization
By NewtekOne, Inc. · Via GlobeNewswire · April 23, 2025
NewtekOne, Inc. Announces Peter Downs has been named President of Newtek Bank, N.A.
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.
By NewtekOne, Inc. · Via GlobeNewswire · April 23, 2025
NewtekOne, Inc. Estimates $2.0 Million of Annual Expense Savings
BOCA RATON, Fla., April 14, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced the termination of three office space leases covering roughly 52,000 square feet, which will reduce the Company’s annual expenses by approximately $2.0 million on a recurring basis beginning in the second quarter of 2025. These lease terminations reflect the Company’s strategic shift to a mostly remote workforce and the Company’s technological capabilities to produce growth without having to use expensive branches, traditional bankers, brokers, or business development officers. The Company’s technology-enabled platform allows customer-facing, on-camera staff to gather deposits, originate loans, and provide vital business and financial solutions to clients.
By NewtekOne, Inc. · Via GlobeNewswire · April 14, 2025
Gro.X Redefines EdTech UX with Award-Winning Design for PrepAI
Gro.X has earned a Davey Award for transforming PrepAI's website with a design that showcases how AI streamlines test creation for educators. The redesign highlights PrepAI's impressive results—79% faster test creation and 23% better student performance—while addressing concerns about AI governance and data security. Through strategic UI/UX and conversion optimization, Gro.X demonstrates its expertise in helping B2B SaaS companies turn their websites into effective customer acquisition tools.
Via Get News · April 10, 2025
NewtekOne, Inc. Announces Balance Sheet Metrics for 1Q25 and Reiterates EPS Guidance for 2025
BOCA RATON, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) is pleased to provide the following preliminary loan and deposit metrics for its first quarter ending March 31, 2025:
By NewtekOne, Inc. · Via GlobeNewswire · April 8, 2025
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per Share
BOCA RATON, Fla., March 31, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced that its Board of Directors declared a quarterly cash dividend of $0.19 per share on the outstanding common stock of NewtekOne. The dividend is payable on April 30, 2025, to shareholders of record as of April 15, 2025.
By NewtekOne, Inc. · Via GlobeNewswire · March 31, 2025
NewtekOne, Inc. Closes Private Offering of Senior Unsecured Notes
NewtekOne’s Credit Rating Upgraded by Egan-Jones
By NewtekOne, Inc. · Via GlobeNewswire · March 20, 2025