NEWT Stock Overview
NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
NewtekOne, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$11.22 |
| 52 Week High | US$19.37 |
| 52 Week Low | US$10.07 |
| Beta | 1.29 |
| 1 Month Change | 2.75% |
| 3 Month Change | -12.41% |
| 1 Year Change | -14.15% |
| 3 Year Change | -57.68% |
| 5 Year Change | -45.59% |
| Change since IPO | -98.64% |
Recent News & Updates
Recent updates
NewtekOne: Full Steam Ahead
Mar 10Newtek: A Logical Capital Return Framework Would Make Shares Attractive
Sep 25Newtek Business cuts dividend by 13% to $0.65
Aug 30Newtek prices $116.2M of SBA 7(a) unguaranteed loan-backed notes series 2022-1
Aug 24Newtek Business forecasts to pay $1.00-$1.50/share dividend in 2H22
Aug 03The Curious Case Of Newtek Business Services
Jun 24Newtek: 3 Reasons We Are Upgrading This Today
Apr 12Newtek Business Services Corp.: BDC To BHC - A Wait And See Prospect
Feb 11Newtek Firing On All Cylinders
Jan 06Should You Be Adding Newtek Business Services (NASDAQ:NEWT) To Your Watchlist Today?
Nov 17
Newtek: A Good Point To Exit
Oct 22Blazing BDC To Boring Bank? The Newtek Controversy Explained
Aug 29Newtek Business Services (NASDAQ:NEWT) Will Pay A Larger Dividend Than Last Year At US$0.90
Aug 28Newtek Business Services (NASDAQ:NEWT) Is Paying Out A Larger Dividend Than Last Year
Aug 14Shareholder Returns
| NEWT | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | -8.6% | -4.1% | -3.1% |
| 1Y | -14.2% | 19.7% | 20.9% |
Return vs Industry: NEWT underperformed the US Diversified Financial industry which returned 21.5% over the past year.
Return vs Market: NEWT underperformed the US Market which returned 22.4% over the past year.
Price Volatility
| NEWT volatility | |
|---|---|
| NEWT Average Weekly Movement | 5.8% |
| Diversified Financial Industry Average Movement | 5.7% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in US Market | 16.7% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: NEWT has not had significant price volatility in the past 3 months.
Volatility Over Time: NEWT's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 528 | Barry Sloane | www.newtekone.com |
NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA 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 a various restaurant, retail, assisted living, taxi cabs, parks, and golf course businesses.
NewtekOne, Inc. Fundamentals Summary
| NEWT fundamental statistics | |
|---|---|
| Market cap | US$280.69m |
| Earnings (TTM) | US$45.88m |
| Revenue (TTM) | US$271.15m |
6.0x
P/E Ratio1.0x
P/S RatioIs NEWT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEWT income statement (TTM) | |
|---|---|
| Revenue | US$271.15m |
| Cost of Revenue | US$44.30m |
| Gross Profit | US$226.84m |
| Other Expenses | US$180.97m |
| Earnings | US$45.88m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 06, 2024
| Earnings per share (EPS) | 1.86 |
| Gross Margin | 83.66% |
| Net Profit Margin | 16.92% |
| Debt/Equity Ratio | 442.2% |
How did NEWT perform over the long term?
See historical performance and comparison