Newtek Business Services Corp. (NEWT) News
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Latest NEWT News From Around the Web
Below are the latest news stories about NEWTEKONE INC that investors may wish to consider to help them evaluate NEWT as an investment opportunity.
Newtek Bank, N.A. Reaches Over $1.0 Billion in DepositsGrows Total Deposits by $884 Million in its First Two Years of OperationsBOCA RATON, Fla., Jan. 06, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced today the following deposit metrics of Newtek Bank, N.A. (“Newtek Bank” or the “Bank”), its technology-enabled banking subsidiary, at December 31, 2024: $1.03 billion in total deposits at December 31, 2024, which represents a 97.0% increase in total deposits over the year ended December 31, 2023, and growth of $884 m |
NewtekOne, Inc. and Paltalk, Inc. To Hold Conference Call on January 2, 2025, To Discuss the Anticipated January 2, 2025 Closing of the Divestiture of Newtek Technology Solutions, Inc. to Paltalk, Inc.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 Ja |
NewtekOne (NASDAQ:NEWT) shareholders have endured a 43% loss from investing in the stock three years agoIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market... |
NewtekOne, Inc. Declares a Quarterly Dividend of $0.19 per ShareBOCA RATON, Fla., Dec. 16, 2024 (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 January 13, 2025, to shareholders of record as of December 31, 2024. Note Regarding Dividend Payments Amount and timing of dividends, if any, remain subject to the discretion of the Company's Board of Directors. About NewtekOne, Inc. Ne |
Newtek Bank, N.A. and Apiture Honored for Most Effective Bank-Fintech Partnership in the IBSi Global FinTech Innovation AwardsNewtek Bank, N.A. Tripled Deposits in 2023 Using the Apiture Digital Banking PlatformBOCA RATON, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced today that Newtek Bank, N.A., its technology-enabled banking subsidiary, and Apiture, a leading provider of digital banking solutions, have been recognized for Most Effective Bank-FinTech Partnership in the IBSi Global FinTech Innovation Awards 2024. Now in its sixth year, the awards program celebrates ba |
Apiture and Newtek Bank Honored for Best Bank-Fintech Partnership in the IBSi Global FinTech Innovation AwardsApiture, a leading provider of digital banking solutions, and Newtek Bank, N.A., the technology-enabled banking subsidiary of NewtekOne, Inc. (NASDAQ:NEWT), today announced they have been recognized for Best Bank-FinTech Partnership in the IBSi Global ... |
NewtekOne, Inc. Forecasts Originating Approximately $1.4 Billion in Business Loans in 2024In 2025, NewtekOne, Inc. Forecasts Originating Approximately $1.9 Billion in Business LoansBOCA RATON, Fla., Dec. 06, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) announced today that it reaffirmed its forecast to originate approximately $1.4 billion in business loans in 2024 across all of its loan products including SBA 7(a) loans, SBA 504 loans, alternative loan program loans, CRE conforming loans, and C&I conforming loans. The Company forecasts originating approxima |
Newtek Bank, N.A. Launches Newtek Zero-Fee Business Banking™Goal is to Attract Business Deposits with Full Transparency, Trust, and Low CostBOCA RATON, Fla., Nov. 18, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that its national bank subsidiary, Newtek Bank, N.A., member FDIC, has launched Newtek Zero-Fee Business Banking™, which provides its commercial clients with true zero-fee business banking depository accounts without hidden banking fees or costs. Newtek Bank does not charge fees to its business banking clients for ACH, |
NewtekOne, Inc.’s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor ConferenceBOCA RATON, Fla., Nov. 14, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc.’s (NASDAQ: NEWT) CEO, President, and Chairman, Barry Sloane, was recently interviewed by Chris Miglino, founder and CEO, of Sequire, at the LD Micro Main Event XVII Investor Conference. During the interview, Mr. Sloane discussed the history of NewtekOne and its importance in the business marketplace today with its ecosystem of offerings available to the approximate 30 million independent business owners across the United States. |
NewtekOne Third Quarter 2024 Earnings: Beats ExpectationsNewtekOne ( NASDAQ:NEWT ) Third Quarter 2024 Results Key Financial Results Revenue: US$83.1m (up 19% from 3Q 2023). Net... |