NEWT earnings

BOCA RATON, Fla., April 30, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) reports its financial and operating results for the three months ended March 31, 2026. Financial Highlights for the three months ended March 31, 2026: For the three months ended March 31, 2026 ("1Q26"), basic and diluted earnings per share ("EPS") were $0.43 and $0.43 vs. $0.36 and $0.35, respectively, for the three months ended March 31, 2025 ("1Q25"), which reflect Y/Y increases of 19.4% and 22.9%.Book value per common share ended 1Q26 at $12.36, up Y/Y and Q/Q by 15.2% and 1.4%, respectively.Tangible book value per common share1 ended 1Q26 at $11.85, up Y/Y and Q/Q by 16.5% and 1.5%, res

BOCA RATON, Fla., April 06, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) (the "Company") reported that it originated a record 961 loans in the first quarter of 2026, marking a 40% increase compared to the first quarter of 2025. Dollar volume of 1Q26 loan originations approximated $391 million, up from $366 million in 1Q25. Monthly volume accelerated meaningfully through the quarter following the implementation of enhancements to the loan origination process, including the incorporation of additional AI-powered resources to support the launch of the Newtek Seven Day Business Loan™. Barry Sloane, Chief Executive Officer, President and Chairman, of NewtekOne commented, "We are plea

BOCA RATON, Fla., March 30, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("NewtekOne") (NASDAQ:NEWT) will report its first quarter 2026 financial results after the market closes on Thursday, April 30, 2026. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Frank M. DeMaria, Chief Financial Officer, at 4:30 pm ET on Thursday, April 30, 2026. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne First Quarter 2026 Financial Results beginning today and up until 15 minutes prior to the start of the April 30, 2026 conference call i

BOCA RATON, Fla., Jan. 29, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) reports its financial and operating results for the three and twelve month periods ended December 31, 2025. Financial Highlights for the three and twelve months ended December 31, 2025: For the three months ended December 31, 2025 ("4Q25"), basic and diluted earnings per share ("EPS") were $0.65 and $0.65, respectively, vs. $0.70 and $0.69, respectively, for the three months ended December 31, 2024 ("4Q24").For the twelve months ended December 31, 2025, basic and diluted EPS were $2.21 and $2.18, respectively, vs. $1.97 and $1.96, respectively, for the twelve months ended December 31, 2024.B

BOCA RATON, Fla., Jan. 26, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) will report its fourth quarter 2025 financial results after the market closes on Thursday, January 29, 2026. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Frank M. DeMaria, Chief Financial Officer, at 4:30 pm ET on Thursday, January 29, 2026. Barry Sloane commented, "We are excited to release fourth quarter and full year 2025 earnings and to host a conference call after the market closes on Thursday. We'll dive further into topics discussed at our Investor Day that was held January 8th, cover our fourth quarter and full year 2025 accom

BOCA RATON, Fla., Jan. 12, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) will report its fourth quarter 2025 financial results after the market closes on Thursday, January 29, 2026. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Frank DeMaria, Chief Financial Officer, at 4:30 pm ET on Thursday, January 29, 2026. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne Fourth Quarter 2025 Financial Results beginning today and up until 15 minutes prior to the start of the January 29, 2026 conference

BOCA RATON, Fla., Oct. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) reports its financial and operating results for the three and nine month periods ended September 30, 2025. Financial Highlights for the three and nine months ended September 30, 2025: For the three months ended September 30, 2025 ("3Q25"), basic and diluted earnings per share ("EPS") were $0.68 and $0.67, respectively, vs. $0.45 and $0.45, respectively, for the three months ended September 30, 2024 ("3Q24"), reflecting Y/Y increases of 51% and 49%, respectively.For the nine months ended September 30, 2025 ("YTD25"), basic and diluted EPS were $1.57 and $1.54, respectively, vs. $1.26 and $1.2

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. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne Third Quarter 2025 Financial Results beginning today and up until 15 minutes prior to the start of the October 29, 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"). Financial Highlights for 2Q25 Basic and diluted earnings per share ("EPS") were $0.53 and $0.52, respectively, vs. $0.43 and $0.43, respectively, for 2Q24, reflecting Y/Y increases of 23% and 21%, respectively.Book value per common share ended 2Q25 at $11.11, up Y/Y and Q/Q by 12.9% and 3.5%, respectively.Tangible book value per common share1 ended 2Q25 at $10.55, up Y/Y and Q/Q by 21.5% and 3.7%, respectively.Total revenue, defined as the sum of net interest income and noninterest income, was $70.

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. Barry Sloane, Chairman, President, and Chief Executive Officer, commented, "We look forward to reporting second quarter financial results on July 28, which we expect will show continued progress of our business plan. In addition, we are

BOCA RATON, Fla., May 06, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) reports its financial and operating results for the three months ended March 31, 2025 ("1Q25"). "In a challenging and fluid economic environment, we are extremely pleased to post solid quarterly results that include diluted earnings per share ("EPS") of $0.35, ahead of the guidance range we presented to the market in late February," said Barry Sloane, CEO, President and Chairman. "We continue to put up strong balance sheet and tangible book value per share growth and above average profitability. Our ability to generate $0.35 per diluted share of earnings despite a heavier loan loss provisi

BOCA RATON, Fla., April 04, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT) will report its first quarter 2025 financial results after the market closes on Tuesday, May 6, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, M. Scott Price, Chief Financial Officer, and Frank DeMaria, Chief Accounting Officer, the following day, Wednesday, May 7, 2025, at 8:30 am ET. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne First Quarter 2025 Financial Results beginning today and up until 15 minutes prior

BOCA RATON, Fla., Jan. 21, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) announced today that it will report its fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 26, 2025. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and M. Scott Price, Chief Financial Officer, the following day, Thursday, February 27, 2025 at 8:30 am ET. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne Fourth Quarter and Full Year 2024 Financial Results beginning today and up

BOCA RATON, Fla., Dec. 30, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ("the Company") (NASDAQ:NEWT) and Paltalk, Inc. ("Paltalk") (NASDAQ:PALT) will host a conference call on January 2, 2025, to discuss the anticipated January 2, 2025 closing of Paltalk's acquisition (the "Acquisition") of Newtek Technology Solutions, Inc. ("NTS"). Earlier today, Paltalk announced that Paltalk's shareholders voted to approve proposals required to close the Acquisition, which closing is presently scheduled for January 2, 2025. As previously disclosed, in connection with NewtekOne's acquisition of Newtek Bank and transition to a financial holding company, NewtekOne made a commitment to the Board of Governors o

BOCA RATON, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) announced today that NewtekOne closed a record $371.8 million of loans across all loan products for the three months ended September 30, 2024, which represents an 17.3% increase over $316.7 million of loans closed for the three months ended June 30, 2024. In addition, the Company achieved SBA 7(a) closings of $245.3 million in the third quarter 2024, a 6.6% increase over the second quarter of 2024, and a 12.5% increase over the same period last year. The Company forecasts $935.0 million in total SBA 7(a) loan closings for 2024, which would represent a 14.7% increase over 2023. Barry Sloane, President, Chairm

BOCA RATON, Fla., Oct. 02, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) announced today that it will report its third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and M. Scott Price, Chief Financial Officer, the following day, Thursday, November 7, 2024 at 8:30 am ET. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne Third Quarter 2024 Financial Results beginning today and up until 15 minutes prior to the start of the N

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 business clients and fostering the continued growth of our business model. As a company that provides best-in-class financial and business solutions to make its clients more successful, we

BOCA RATON, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its second quarter 2024 financial results after the market closes on Monday, August 5, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer and M. Scott Price, Chief Financial Officer, the following day, Tuesday, August 6, 2024 at 8:30 am ET. Please note, to receive a dial-in number for the conference call or to listen to the webcast, interested participants are encouraged to pre-register online at NewtekOne Second Quarter 2024 Financial Results beginning today and up until 15 minutes prior to the sta

Achieves Growth in Loans and Deposits in the First Quarter 2024 First Quarter 2024 Earnings per Share Beats Company's Previously Issued Forecast; Company Raises Full Year 2024 Earnings per Share Forecast BOCA RATON, Fla., May 06, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three months ended March 31, 2024. NewtekOne First Quarter 2024 Financial Highlights Net income was $9.7 million, or $0.38 per basic and diluted common share for the three months ended March 31, 2024, compared to $18.6 million, or $0.76 and $0.74 per basic and diluted common share, respectiv

BOCA RATON, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its first quarter 2024 financial results after the market closes on Monday, May 6, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Frank M. DeMaria, Chief Accounting Officer, the following day, Tuesday, May 7, 2024 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at NewtekOne First Quarter 2024 Financial Results. To receive a dial-in number, participants are requested to register at a minimum of

Full Year 2023 Basic Earnings per Share of $1.71 and Diluted Earnings per Share of $1.70 Conference Call Tomorrow 8:30 AM ET BOCA RATON, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three and twelve months ended December 31, 2023. This is NewtekOne's fourth quarter reporting, and third full quarter reporting, as a financial holding company following the Company's January 6, 2023 completion of the acquisition of National Bank of New York City ("NBNYC") (renamed Newtek Bank, N.A.) and the withdrawal of NewtekOne's BDC election. NewtekOne now consolidates the balance sheets and results of operations of i

BOCA RATON, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its fourth quarter and full year 2023 financial results after the market closes on Tuesday, March 5, 2024. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Nicholas Leger, Chief Accounting Officer, the following day, Wednesday, March 6, 2024 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at NewtekOne Fourth Quarter and Full Year 2023 Financial Results . To receive a dial-in number, participants are reque

BOCA RATON, Fla., Jan. 18, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), announced today that S&P Global Ratings raised its ratings on a total of four classes of notes issued by Newtek Small Business Loan Trusts 2018-1 and 2019-1. The Newtek Small Business Loan Trust 2018-1, Class A Notes were raised to "A+ (sf)" from "A (sf)'' and the Class B Notes was raised to "BBB (sf)" from "BBB- (sf)." In addition, the Newtek Small Business Loan Trust 2019-1 Class A Notes were raised to "A+ (sf)" from "A (sf)" and the Class B Notes were raised to "BBB (sf)" from "BBB- (sf)." According to S&P Global Ratings, the ratings upgrades reflect their view of the transactions' stable

BOCA RATON, Fla., Jan. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company" or "NewtekOne") (NASDAQ:NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed a record $262.9 million of SBA 7(a) loans for the three months ended December 31, 2023, which represents a new quarterly record for the Company, and a 20.6% increase over the previous quarterly record of $218.0 million SBA 7(a) loans closed for the three months ended September 30, 2023. In addition, NewtekOne, through Newtek Small Business Finance and Newtek Bank, closed a record $828.1 million of SBA 7(a) loans for the twelve months ended December 31, 2023, a new annual record for the Comp

Company Focuses on Quarter-over-Quarter Sequential Growth Conference Call Tomorrow 8:30 AM ET BOCA RATON, Fla., Nov. 07, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three and nine months ended September 30, 2023. This is NewtekOne's third quarter reporting, and second full quarter reporting, as a financial holding company following the Company's completion of its acquisition of National Bank of New York City ("NBNYC") (renamed Newtek Bank, N.A.) and the withdrawal of its BDC election, on January 6, 2023. NewtekOne now consolidates the results of its former portfolio companies (now subsidiaries) and no longer uses in

BOCA RATON, Fla., Oct. 10, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its third quarter 2023 financial results after the market closes on Tuesday, November 7, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Nicholas Leger, Chief Accounting Officer, the following day, Wednesday, November 8, 2023 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at NewtekOne Third Quarter 2023 Financial Results . To receive a dial-in number, participants are requested to register at a mi

BOCA RATON, Fla., Oct. 02, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company" or "NewtekOne") (NASDAQ:NEWT), announced today that its nationally chartered bank subsidiary, Newtek Bank, N.A., closed a record $218.0 million of SBA 7(a) loans for the three months ended September 30, 2023, which represents a new quarterly record for the Company, beating the previous record quarter of $217.8 million SBA 7(a) loans closed for the three months ended September 30, 2022. In addition, Newtek Bank closed a record 517 SBA 7(a) loan units for the three months ended September 30, 2023, an increase of 45.6% compared to 355 SBA 7(a) loan units closed by the Company for the same period in 2022. Total

BOCA RATON, Fla., Aug. 02, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three and six months ended June 30, 2023. This is NewtekOne's second quarter reporting, and first full quarter reporting, as a financial holding company following the Company's completion of its acquisition of National Bank of New York City ("NBNYC") (renamed Newtek Bank, N.A.) and the withdrawal of its BDC election, on January 6, 2023. NewtekOne now consolidates the results of its former portfolio companies (now subsidiaries) and no longer uses investment company accounting. As a result, some prior-period comparisons

BOCA RATON, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its second quarter 2023 financial results after the market closes on Wednesday, August 2, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer; M. Scott Price, Chief Financial Officer; and Nicholas Leger, Chief Accounting Officer, the following day, Thursday, August 3, 2023 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at NewtekOne Second Quarter 2023 Financial Results . To receive a dial-in number, participants are requested to register at a m

BOCA RATON, Fla., July 05, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that, through Newtek Bank and residual funding through Newtek Small Business Finance ("NSBF"), it funded a record 400 SBA 7(a) loans for the three months ended June 30, 2023, totaling $195.6 million, which represents a 21% increase over the number of 7(a) loans funded for the three months ended June 30, 2022. Newtek Bank had $103.2 million and $106.1 million, respectively, of newly approved and pending closing SBA 7(a) loans in the months of May 2023 and June 2023. The Company is reaffirming its 2023 SBA 7(a) loan funding forecast of $875 million, which would represent a 12.8%

The purpose of the amended press release is to correct two bullets containing balance sheet amounts for Loans Held for Investment and Total Deposits. The amounts disclosed in the bullets were amended to agree to the balance sheet exhibit included with the press release. There were no changes made to the financial statements included with the press release. We apologize for the formatting error. BOCA RATON, Fla., May 09, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three months ended March 31, 2023. This is NewtekOne's first quarter reporting as a financial holding company following the Company's completion of its acqu

BOCA RATON, Fla., May 08, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT), announced today its financial and operating results for the three months ended March 31, 2023. This is NewtekOne's first quarter reporting as a financial holding company following the Company's completion of its acquisition of National Bank of New York City ("NBNYC") (renamed Newtek Bank, N.A.) and the withdrawal of its BDC election, on January 6, 2023. As a result, prior-period comparisons on both a sequential and year-over-year basis are difficult. NewtekOne now consolidates its results and no longer uses investment company accounting. When analyzing NewtekOne, we believe it is important to consider the Co

BOCA RATON, Fla., May 01, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its subsidiary Newtek Bank N.A. had an 121% increase in its client deposits to approximately $310 million year to date through April 28, 2023, compared to $140 million in client deposits at December 31, 2022. The Company acquired the National Bank of New York City, and renamed it Newtek Bank, N.A., on January 6, 2023. The amount of uninsured client deposits was approximately 5.5% as of March 31, 2023. Barry Sloane, President, Chairman and CEO commented, "We are very pleased to be able to report such a strong increase in client deposits since December 31, 2022. Following t

BOCA RATON, Fla., April 27, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that its wholly owned bank subsidiary, Newtek Bank N.A., was granted Preferred Lenders Program ("PLP") status by the Small Business Administration's ("SBA"). Under the PLP, the SBA grants the most experienced lenders delegated authority to process, close, service, and liquidate SBA-guaranteed loans. In addition, qualified lenders are granted delegated authority (PLP) to make eligibility determinations. Newtek Bank, N.A. is a federally chartered OCC-regulated Florida-based bank that is owned 100% by NewtekOne, Inc., which is its publicly traded parent company (NASDAQ:NEWT).

BOCA RATON, Fla., April 20, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its first quarter 2023 financial results after the market closes on Monday, May 8, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, May 9, 2023 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participants are requested to register at a minimum of 15 minutes before the st

BOCA RATON, Fla., April 04, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. ((NASDAQ: NEWT) (the "Company" or "NewtekOne") updates the investment community on the Company's key performance indicators for the first quarter of 2023. Barry Sloane, Chairman, President and Chief Executive Officer said, "In advance of reporting our first quarter 2023 financial and operating results, which will be our first quarter as a financial holding company, and in an effort to provide additional transparency to the market during volatile times, we thought it would be useful to provide certain key performance indicators. We believe metrics on capital, liquidity, deposit initiatives, deposit diversification, digita

BOCA RATON, Fla., March 13, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ:NEWT) (the "Company") today updated the market on its financial holding company transition and forecasts. Barry Sloane, Chief Executive Officer, will hold a conference call with Q&A on Wednesday, March 15, 2023 at 8:30 am ET, to discuss this information in greater detail. On January 6, 2023, the Company completed the acquisition of National Bank of New York City ("NBNYC"), withdrew its BDC election, and became a financial holding company. On January 13, 2023, Newtek Business Services Corp. changed its name to NewtekOne® and NBNYC, the 59-year-old nationally chartered bank, was renamed Newtek Bank, National Associ

BOCA RATON, Fla., Feb. 08, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ:NEWT), today announced that it will report its fourth quarter and full year 2022 financial results after the market closes on Monday, February 27, 2023. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, February 28, 2023 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participants are requested to register at a minimum o

Will Release Financial and Operational Projections and Targets to the Investor and Analyst Community for 2023 and 2024 BOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), today announced that Barry Sloane, Chief Executive Officer, will hold a conference call on Tuesday, January 17, 2023 at 8:30 am ET, to discuss financial and operational projections and targets for 2023 and 2024 for the publicly traded financial holding company and its wholly owned banking subsidiary, Newtek Bank, National Association. During this conference call Mr. Sloane will present more detailed financial, operational and capitalization projections on a quarterly basis f

BOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ:NEWT) ("Newtek") announced that on January 6, 2023, it completed its acquisition of the National Bank of New York City ("NBNYC"), a 59-year-old national bank regulated and supervised by the Office of the Comptroller of the Currency, and converted to a financial holding company. NBNYC has been renamed Newtek Bank, National Association™ ("Newtek Bank, N.A.") and has become a wholly owned subsidiary of the Company. In addition, Newtek has filed with the Securities and Exchange Commission its notification of withdrawal of election to be subject to the Investment Company Act of 1940, and has ceased to be

BOCA RATON, Fla., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), today announced that Barry Sloane, Chief Executive Officer, will host a conference call on Wednesday, January 18, 2023 at 8:30 am ET, to discuss details of its rebranding strategy, as Newtek will change its name to NewtekOne® as well as the relaunch and redesign of its corporate website at www.newtekone.com.   In addition, it will provide a demonstration of the Newtek Advantage™, its dashboard and business portal for its depository and non-depository clients. The Company views the Newtek Advantage™ as an asset offered to its customer base as it will allow Newtek clients to easily interact wit

BOCA RATON, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that Barry Sloane, Chief Executive Officer, will hold a conference call on Wednesday, December 14, 2022 at 8:30 am ET, to provide an update on the pending acquisition of National Bank of New York City ("NBNYC") and to discuss the Company's financial illustration as a bank holding company. The corresponding presentation titled ‘Update on Pending Acquisition of National Bank of New York City' dated December 12, 2022, will be available in the ‘Events & Presentations' section of the Investor Relations portion of Newtek's

Record SBA 7(a) Loan Fundings of $223.0 Million Increased by 36.0% in the Third Quarter of 2022 Over the Same Period Last Year Raised Full Year 2022 SBA 7(a) Loan Funding Guidance to Approximately $775 Million BOCA RATON, Fla., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("Newtek" or the "Company") (NASDAQ:NEWT), an internally managed business development company ("BDC"), announced today its financial and operating results for three and nine months ended September 30, 2022. Third Quarter 2022 Financial Highlights Total investment income of $23.6 million for the three months ended September 30, 2022; an increase of 90.0% compared to total investment income of $12.4

BOCA RATON, Fla, Oct. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it will report its third quarter 2022 financial results after the market closes on Monday, November 7, 2022. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Tuesday, November 8, 2022 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participan

BOCA RATON, Fla., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), announced today that Newtek Small Business Finance, LLC ("NSBF") had record fundings of SBA 7(a) loans for the three and nine months ended September 30, 2022. For the three months ended September 30, 2022, NSBF funded a record $223.1 million in SBA 7(a) loans, which represents a 36.1% increase over $163.9 million of SBA 7(a) loan fundings for the three months ended September 30, 2021. NSBF also funded 355 loans, a record for the three months ended September 30, 2022, compared to 219 loans for the same period last year. For the nine m

BOCA RATON, Fla., Sept. 28, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it will host an investor conference call on Thursday, September 29, 2022 at 8:30 am ET. Barry Sloane, Chief Executive Officer, will discuss Newtek's planned acquisition of National Bank of New York City, which is subject to regulatory approval, as well as performance metrics for the third quarter 2022. Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participants are req

BOCA RATON, Fla., Sept. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ:NEWT), an internally managed business development company ("BDC"), announced today its future rebranding strategy in anticipation of the acquisition of the National Bank of New York City ("NBNYC," and the "Acquisition"), which is pending regulatory approvals and satisfaction of closing conditions. Upon receipt of the pending regulatory approvals and the close of the Acquisition, Newtek plans to change its name to "NewtekOne®" and to rename NBNYC, the 59-year-old nationally chartered bank, "Newtek Bank, National Association." The rebranding strategy is consistent with the Company's three-decade old

BOCA RATON, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. ("Newtek" or the "Company") (NASDAQ:NEWT), an internally managed business development company ("BDC"), announced today its financial and operating results for three and six months ended June 30, 2022. Barry Sloane, Chairman, President and Chief Executive Officer said, "We are very pleased to report our results for the second quarter 2022. We are proud to have been able to deliver what we believe are strong results that meet our earnings and dividends forecasts. Furthermore, we were able to grow SBA 7(a) loan fundings by 112.8%, to a record $200.6 million, and increase loan units funded by 154%, for the thre

BOCA RATON, Fla., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it has provided an illustration of certain financial targets, including earnings and capital levels, as to what Newtek might look like in 2023 as a bank holding company, if the Company were to receive regulatory approvals and close the acquisition of the National Bank of New York City ("NBNYC"). This illustration can be found on our corporate website at www.newtekone.com in the ‘Investor Relations' section under ‘Events and Presentations' and is titled ‘July 2022 Illustration of the NBNYC Acquisition and Convers

BOCA RATON, Fla., July 20, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp., (NASDAQ:NEWT), an internally managed business development company ("BDC"), today announced that it will report its second quarter 2022 financial results after the market closes on Wednesday, August 3, 2022. A conference call to discuss these results will be hosted by Barry Sloane, Chief Executive Officer, and Nicholas Leger, Chief Accounting Officer, the following day, Thursday, August 4, 2022 at 8:30 am ET. Please note, to attend the conference call or webcast, participants should register online at http://investor.newtekbusinessservices.com/events-and-presentations. To receive a dial-in number, participa