YOLFTbeta
NewtekOne, Inc.

NewtekOne, Inc.

NEWT · NASDAQ · Financial Services / Banks - Regional

10.62USD+0.18 (+1.72%)

Price History

Full chart

Market Stats

Previous Close10.44
Open10.50
Day Range10.43 – 10.66
52-Week Range9.01 – 15.43
Volume178.00K
Market Cap323.22M
P/E (TTM)5.06
Forward P/E5.19
EPS2.21
Dividend Yield6.75%
Beta1.35
50-Day Avg13.02
200-Day Avg12.96

About

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including the United States small business administration loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based point of sale systems for various restaurants, retail, assisted living, taxi cabs, parks, and golf course businesses. In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners, as well as inbound and outbound calling services. The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023. NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Barry Scott Sloane
  • Employees572
  • Headquarters4800 T-Rex Avenue, Boca Raton, FL, United States, 33431, USA
  • Websitehttps://www.newtekone.com

Leadership

  • Mr. Barry Scott SloanePresident, Chairman & CEO · b. 1960
  • Mr. Frank M. DeMariaExecutive VP & CFO · b. 1989
  • Mr. Michael Adam SchwartzChief Legal Officer, Chief Compliance Officer & Secretary · b. 1961
  • Mr. Peter Mathison DownsPresident of Newtek Bank N.A. & Director · b. 1965
  • Mr. Vaibhav MahajanChief Investment Officer
  • Mr. Ron LayChief Technology Officer
  • Ms. Halli Razon-FeingoldChief Administrative & Human Resources Officer and Director · b. 1989
  • Mr. Bryce Wells Rowe C.F.A.Vice President of Investor Relations
  • Mr. Taylor QuinnSenior VP & Chief Risk Officer
  • Mr. Andrew KaplanChief Strategy Officer

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue11.88M8.71M23.91M34.62M60.49M70.18M95.87M88.17M78.79M87.99M96.26M111.77M116.30M131.13M136.53M130.11M26.07M30.96M38.91M49.52M88.79M92.84M168.28M131.50M252.82M318.85M322.17M
Growth (%)--26.69%+174.45%+44.84%+74.71%+16.01%+36.61%-8.04%-10.63%+11.67%+9.40%+16.11%+4.05%+12.75%+4.11%-4.70%-79.96%+18.78%+25.67%+27.24%+79.32%+4.56%+81.26%-21.86%+92.26%+26.12%+1.04%
Cost of Revenue-4.91M104.81K13.19M24.61M14.04M16.00M17.02M45.24M51.11M58.31M87.58M90.43M94.50M100.12M70.19M12.75M15.23M19.29M21.08M14.30M17.88M20.52M26.32M79.44M107.33M79.60M
Gross Profit11.88M8.71M23.80M34.62M60.49M56.14M79.87M71.14M33.55M36.88M37.95M24.19M25.87M36.63M36.40M59.92M13.32M15.73M19.62M28.43M44.99M74.96M147.76M105.17M173.38M211.52M242.57M
Gross Margin100.00%100.00%99.56%100.00%100.00%80.00%83.31%80.69%42.58%41.91%39.42%21.65%22.24%27.94%26.66%46.05%51.08%50.80%50.42%57.42%50.67%80.74%87.81%79.98%68.58%66.34%75.29%
Operating Expense1.42M4.92M22.34M27.44M28.54M39.95M50.06M58.51M81.51M90.16M90.81M109.95M105.23M21.58M118.39M45.51M25.78M31.79M35.40M40.94M33.06M42.34M62.29M66.39M128.00M142.83M105.78M
Operating Income10.46M3.79M1.46M7.18M31.95M16.19M29.82M12.64M-47.95M-53.28M-52.86M-85.75M-79.36M15.05M-81.98M14.41M-12.46M-16.05M-15.78M-12.50M11.93M32.62M85.47M38.77M45.37M68.69M136.79M
Operating Margin88.04%43.56%6.12%20.74%52.81%23.07%31.10%14.33%-60.86%-60.56%-54.92%-76.72%-68.24%11.48%-60.05%11.08%-47.79%-51.85%-40.54%-25.25%13.44%35.14%50.79%29.49%17.95%21.54%42.46%
EBITDA10.46M3.80M23.91M19.15M33.89M32.69M34.37M19.01M4.64M5.41M12.20M10.06M9.40M17.08M20.22M17.59M620.00K-524.00K38.92M53.24M65.22M33.02M85.77M39.01M48.26M70.48M137.46M
EBITDA Margin88.06%43.63%100.00%55.31%56.02%46.58%35.85%21.56%5.90%6.15%12.67%9.00%8.08%13.03%14.81%13.52%2.38%-1.69%100.02%107.51%73.46%35.57%50.97%29.67%19.09%22.10%42.67%
Net Income5.43M-3.43M930.00K8.17M9.57M10.62M7.73M-2.12M-11.22M-10.46M-429.00K1.44M3.33M5.64M7.53M3.97M35.74M27.30M38.98M35.68M41.13M33.62M84.14M32.31M47.33M50.85M60.51M
Net Income Margin45.66%-39.32%3.89%23.59%15.82%15.13%8.06%-2.40%-14.24%-11.89%-0.45%1.29%2.87%4.30%5.51%3.05%137.08%88.18%100.16%72.05%46.33%36.21%50.00%24.57%18.72%15.95%18.78%
R&D-----------------0.440.50.380.370.320.520.250.18--
R&D as % of Total Revenue-----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense07.28M0013.88M14.04M16.00M17.02M14.80M10.89M10.35M4.48M3.42M4.50M5.86M06.48M8.44M11.40M16.07M20.42M17.88M20.52M26.32M67.74M81.11M56.64M
Interest Expense % of Total Revenue0.00%83.58%0.00%0.00%22.94%20.00%16.69%19.31%18.79%12.37%10.75%4.01%2.94%3.43%4.29%0.00%24.85%27.26%29.29%32.45%23.00%19.26%12.19%20.02%26.79%25.44%17.58%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets54.65M83.54M83.36M169.05M192.18M228.40M265.01M240.74M217.82M169.53M136.08M165.01M129.79M152.74M198.61M301.83M352.43M401.45M519.61M653.34M797.41M840.98M1.06B998.90M1.43B2.06B2.74B
Total Liabilities40.40M69.75M66.89M137.11M143.54M145.58M182.52M180.54M136.02M113.45M82.06M109.42M70.64M83.84M121.60M135.41M148.48M192.36M241.28M365.90M475.19M501.63M652.67M623.54M1.18B1.76B2.35B
Total Equity8.31M9.27M11.39M27.17M40.25M77.09M87.53M55.60M56.58M53.77M52.41M54.28M57.97M66.85M75.34M166.42M203.95M209.09M278.33M287.44M322.23M339.35M403.89M375.36M249.05M296.28M397.57M
Cash25.45M34.70M31.17M41.17M33.44M29.54M23.94M26.68M25.37M16.85M12.58M10.38M11.20M14.23M12.51M17.81M4.31M2.05M2.46M2.32M1.76M2.07M2.40M53.69M153.09M353.15M283.81M
Total Debt39.18M67.56M113.43M129.17M126.63M116.57M136.41M113.37M105.85M96.56M68.25M63.55M56.88M71.20M105.64M125.42M133.95M171.24M216.25M366.33M463.57M460.48M481.11M547.30M651.07M714.54M822.76M
Net Debt13.72M32.86M82.25M87.99M93.19M87.03M112.47M86.69M80.48M79.70M55.66M53.16M45.68M56.97M93.13M107.61M129.64M169.19M213.79M329.31M440.06M458.41M478.71M493.61M497.99M361.39M538.95M

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-2.40M-6.50M-5.84M-9.91M-11.98M-5.58M-5.84M1.88M-2.01M-9.54M3.13M-2.21M11.40M-4.35M4.97M-14.37M-37.95M-14.10M-72.94M-73.67M-88.96M17.76M140.92M-62.42M-169.22M-153.01M55.98M
Investing Cash Flow-7.88M-9.65M-1.98M9.27M2.70M-4.76M-18.72M18.41M1.82M-1.53M3.40M-6.34M-17.81M-22.50M-36.12M-30.04M302.00K-375.00K-446.00K-627.00K-126.00K-10.00K-11.00K-11.00K-172.24M-209.05M-880.51M
Financing Cash Flow34.16M25.39M4.29M10.64M1.55M17.93M18.96M-17.54M-1.13M2.55M-10.80M6.34M7.22M29.88M29.43M53.08M24.14M10.19M71.02M85.11M90.94M465.00K-5.49M1.18M344.97M560.90M753.45M
Capital Expenditure028.90K107.36K279.44K323.90K1.59M3.83M2.77M6.39M3.50M1.76M2.08M1.50M3.06M2.03M1.39M105.00K375.00K446.00K627.00K126.00K10.00K11.00K11.00K458.00K439.00K106.00K
Free Cash Flow-2.40M-6.53M-5.94M-10.19M-12.30M-7.17M-9.67M-890.00K-8.40M-13.04M1.36M-4.28M9.91M-7.41M2.94M-15.76M-38.06M-14.47M-73.38M-74.29M-89.08M17.75M140.92M-62.43M-169.68M-153.45M55.87M
Dividends Paid245.07K903.48K607.54K---61.46M-274.00K-726.00K----15.11M24.31M27.30M28.20M32.43M40.77M42.58M70.14M64.54M14.15M441.00K28.04M
FCF to OCF100.00%100.44%101.84%102.82%102.70%128.55%165.65%-47.32%418.58%136.66%43.61%193.98%86.87%170.17%59.15%109.67%100.28%102.66%100.61%100.85%100.14%99.94%100.00%100.02%100.27%100.29%99.81%
Dividend Paid to FCF-10.20%-13.83%-10.22%----635.31%--3.26%-53.23%-----95.89%-63.87%-188.61%-38.43%-43.66%-45.77%239.86%49.77%-103.39%-8.34%-0.29%50.19%

Earnings

Report DateMar 31, 2000Sep 30, 2000Dec 31, 2000Mar 31, 2001Aug 13, 2001Nov 7, 2001Mar 18, 2002May 6, 2002Aug 12, 2002Nov 13, 2002Mar 18, 2003May 8, 2003Aug 11, 2003Nov 4, 2003Mar 2, 2004May 5, 2004Aug 5, 2004Nov 3, 2004Mar 2, 2005May 12, 2005Aug 10, 2005Nov 10, 2005Apr 4, 2006Aug 14, 2006Nov 9, 2006Mar 23, 2007May 9, 2007Aug 9, 2007Nov 8, 2007Mar 27, 2008May 8, 2008Aug 6, 2008Nov 12, 2008Mar 18, 2009May 13, 2009Aug 12, 2009Nov 11, 2009Mar 10, 2010May 11, 2010Aug 11, 2010Nov 10, 2010Mar 16, 2011May 11, 2011Aug 10, 2011Nov 9, 2011Mar 14, 2012May 8, 2012Jul 31, 2012Oct 31, 2012Mar 27, 2013May 8, 2013Aug 6, 2013Nov 6, 2013Mar 31, 2014May 7, 2014Aug 14, 2014Nov 14, 2014Mar 31, 2015May 7, 2015Jul 29, 2015Nov 3, 2015Mar 7, 2016May 4, 2016Aug 8, 2016Nov 2, 2016Mar 6, 2017May 4, 2017Aug 2, 2017Nov 1, 2017Mar 5, 2018May 2, 2018Aug 1, 2018Nov 7, 2018Mar 6, 2019May 1, 2019Aug 6, 2019Nov 6, 2019Mar 4, 2020May 7, 2020Aug 5, 2020Nov 4, 2020Mar 22, 2021May 11, 2021Aug 10, 2021Nov 8, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 7, 2022Feb 27, 2023May 8, 2023Aug 2, 2023Nov 7, 2023Mar 5, 2024May 6, 2024Aug 5, 2024Nov 6, 2024Feb 26, 2025Jun 13, 2025Jul 28, 2025Oct 28, 2025Jan 29, 2026Apr 30, 2026Aug 6, 2026Nov 4, 2026
EPS Estimate----0.30---0.10-0.100.65-0.05-0.601.15-0.90-0.450.200.620.83-0.450.051.05-0.30-------------------------0.150.150.180.250.250.200.300.350.380.470.470.450.450.330.370.440.460.360.400.460.510.370.420.470.540.410.560.560.730.521.460.070.561.080.740.590.610.610.720.680.630.360.170.370.580.200.370.390.670.400.520.650.660.430.460.41
EPS Actual-0.22-0.480.170.180.300.10-0.35-0.05-0.101.10-0.050.330.501.80-0.80-0.300.350.650.90-0.420.55-0.051.00-0.35-0.150.57-0.41-0.33-0.55-0.27-0.38-0.28-0.39-0.40-0.14-0.090.110.06-0.070.13-0.040.200.07-0.040.120.330.180.170.200.200.200.250.250.300.170.350.34-0.410.510.490.500.630.340.340.460.460.400.410.450.510.440.440.500.570.440.570.630.680.211.370.040.441.051.200.560.660.720.750.620.060.450.260.370.530.380.430.450.690.350.520.670.650.430.47-
Surprise----0.00%--50.00%0.00%69.23%0.00%--16.67%56.52%11.11%33.33%75.00%4.84%8.43%-22.22%-200.00%-4.76%-16.67%-------------------------33.33%33.33%38.89%0.00%20.00%-15.00%16.67%-2.86%-207.89%8.51%4.26%11.11%40.00%3.03%-8.11%4.55%0.00%11.11%2.50%-2.17%0.00%18.92%4.76%6.38%5.56%7.32%1.79%12.50%-6.85%-59.62%-6.16%-42.86%-21.43%-2.78%62.16%-5.08%8.20%18.03%4.17%-8.82%-90.48%25.00%52.94%0.00%-8.62%90.00%16.22%15.38%2.99%-13.37%0.00%3.08%-1.52%0.00%2.17%-
Timing----Pre-marketPre-market-Pre-market-Pre-marketPre-market---After-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours--------------------------Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-

Key Statistics & Ratios

Market Cap323.22M
Enterprise Value696.68M
Trailing P/E5.06
Forward P/E5.19
PEG Ratio3.20
Price / Sales0.79
Price / Book0.92
EPS2.21
Book Value12.64
Revenue (TTM)406.63M
Gross Profit (TTM)350.88M
EBITDA235.03M
Profit Margin16.10%
Operating Margin52.05%
Return on Equity18.04%
Return on Assets5.19%
Shares Outstanding28.88M
Shares Float25.04M
Beta1.35
Dividend Yield6.75%
Dividend Rate0.76
Payout Ratio34.23%

Analyst Ratings

Hold
Based on 5 analystsTarget 15.80
  • Strong Buy
    1
  • Hold
    4

Ownership Breakdown

Institutions
57.31%
Insiders
5.93%
Retail / Other
36.76%

Top Institutional Holders

  • Patriot Financial Partners GP II, LP
    2.31M7.99%
  • BlackRock Inc
    2.20M7.60%
  • Vanguard Capital Management, LLC
    1.17M4.04%
  • T. Rowe Price Associates, Inc.
    922.47K3.19%
  • The Goldman Sachs Group Inc
    663.76K2.30%
  • Geode Capital Management, LLC
    657.35K2.28%
  • Marshall Wace Asset Management Ltd
    624.20K2.16%
  • AQR Capital Management LLC
    564.89K1.96%
  • State Street Corp
    517.70K1.79%
  • Royce & Associates, LP
    337.54K1.17%
  • Two Sigma Investments LLC
    332.80K1.15%
  • Connor Clark & Lunn Inv Mgmt Ltd
    299.97K1.04%
  • Morgan Stanley - Brokerage Accounts
    254.58K0.88%

Top Fund Holders

  • iShares Russell 2000 ETF
    779.99K2.70%
  • Vanguard MStar Total Stk Mkt Idx Invest
    779.84K2.70%
  • T. Rowe Price Financial Services
    460.50K1.59%
  • T. Rowe Price Integrated US SMCC Eq I
    329.23K1.14%
  • Royce Small-Cap Trust
    314.89K1.09%
  • Fidelity Small Cap Index
    290.33K1.01%
  • iShares Russell 2000 Value ETF
    267.24K0.93%

Dividends

20263×
0.19Sep 24, 20260.19Jun 24, 20260.19Mar 24, 2026
20254×
0.19Dec 22, 20250.19Oct 14, 20250.19Jul 9, 20250.19Apr 15, 2025
20244×
0.19Dec 31, 20240.19Oct 10, 20240.19Jul 9, 20240.19Mar 28, 2024
20234×
0.18Dec 28, 20230.18Oct 6, 20230.18Jul 7, 20230.18Apr 3, 2023
20224×
0.70Dec 19, 20220.65Sep 19, 20220.75Jun 16, 20220.65Mar 18, 2022
20214×
1.05Dec 17, 20210.90Sep 17, 20210.70Jun 14, 20210.50Mar 19, 2021
20201×
0.47Dec 17, 2020

Stock Splits

  • Oct 23, 20141:5