NewtekOne Inc is a financial services company that provides a comprehensive range of solutions for small to medium-sized businesses
Through its various subsidiaries, the company offers lending programs, payment processing, and business advisory services, helping entrepreneurs achieve their growth and operational goals. By leveraging technology and innovative financial products, NewtekOne aims to empower businesses with the resources and support they need to succeed in a competitive marketplace. The company positions itself as a trusted partner, facilitating access to capital and a suite of services tailored to meet the unique needs of its clients.
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.
BOCA RATON, Fla., March 11, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that its payment processing subsidiary Newtek Merchant Solutions (“NMS”) has hired John O’Connor as Chief Revenue Officer. Initially, Mr. O’Connor will support NMS’s efforts to make its merchant processing clients aware of the vast array of business and financial solutions offered by NewtekOne and its subsidiaries, including business checking and savings accounts with no fees and attractive interest rates. Most recently, Mr. O’Connor was chief growth officer for Nationwide TFS, LLC, a financial technology company and the largest electronic payments provider for the Chapter 13 bankruptcy industry. Prior to Nationwide TFS, John spent more than 30 years at Citigroup in various leadership roles responsible for directing the design and delivery of market programs at scale. Mr. O’Connor holds an M.B.A. from Hofstra University and a B.S. in business administration from Boston University School of Management.
BOCA RATON, Fla., March 05, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that Newtek Bank. N.A., the Company’s bank subsidiary, has hired Vaibhav “Vik” Mahajan as Chief Investment Officer. Mr. Mahajan will be responsible for enhancing and optimizing Newtek Bank’s execution of loan sales, including SBA 504 loans and the government-guaranteed portions of SBA 7(a) loans; in addition, he will run point on sourcing loan purchase and sale opportunities for Newtek Bank. With 25 years of experience in investment banking, financial services, and consulting, Vik brings a wealth of knowledge, experience, and contacts to Newtek Bank. Most recently, Mr. Mahajan was chief strategy officer and head of capital markets and data analytics for iCreditWorks where he led strategic initiatives across business expansion, commercial partnerships, and capital markets. Prior to iCreditWorks, Vik led the Financial Institutions Group (FIG) investment banking efforts at Deutsche Bank and Credit Suisse. Mr. Mahajan holds an M.B.A. from the University of Rochester’s William E. Simon Graduate School of Business Administration and a B.S. in Mechanical engineering from the National Institute of Technology Karnataka, a top ten engineering school in India.
BOCA RATON, Fla., March 03, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today it has hired Bryce Rowe as Vice President, Investor Relations. Mr. Rowe will assume responsibility for all aspects of the Company’s investor relations functions. Mr. Rowe joins the Company with 25 years of experience as an equity research analyst covering small-cap banks and business development companies (BDCs). Most recently, Bryce was a senior equity research analyst at B. Riley Securities. Mr. Rowe holds a B.A. from the University of Virginia and was awarded the Chartered Financial Analyst (CFA) designation in 2003.
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BOCA RATON, Fla., Feb. 18, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that Newtek Advantage® now integrates with Intuit QuickBooks®, providing independent business owners with a real-time snapshot into their finances. QuickBooks is the world’s leading small business technology platform that helps businesses grow and run their business in one place. NewtekOne strives to serve these same business owners and builds on the Newtek Advantage’s existing robust capabilities with this integration, delivering one of the most unique, dynamic, and useful single-pane-of-glass dashboards available. The Newtek Advantage integration works with both QuickBooks Online and QuickBooks Desktop.
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.
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 of the Federal Reserve System to divest or terminate the activities of NTS, which manages information technology hardware and software for approximately 17,000 customers.
BOCA 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.
BOCA 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. During this 13-minute interview, Mr. Sloane explains the importance of what NewtekOne has accomplished during its two decades of operating history and experience serving independent business owners, as well as how it is strategically positioned to continue to grow and capture market share as a bank holding company owning a nationally chartered bank in this vital demographic. To listen to the full interview please click on the following link Interview with NewtekOne CEO, Barry Sloane or visit NewtekOne’s website at NewtekOne, Inc. Events and Presentations. If you have any questions or would like to discuss these topics in further detail, please contact Jayne Cavuoto, Director of Investor Relations at NewtekOne, Inc. at jcavuoto@newtekone.com.
BOCA RATON, Fla., Nov. 04, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that it has hired Mr. Ron Lay as Chief Technology Officer at NewtekOne, Inc. and Newtek Bank, N.A.
BOCA RATON, Fla., Oct. 31, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today the appointment of Craig “CJ” Brunet as a member of the boards of directors of NewtekOne, Inc. and Newtek Bank N.A.
BOCA RATON, Fla., Oct. 25, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that NewtekOne’s CEO and President, Barry Sloane, will present at the LD Micro Main Event XVII on Tuesday, October 29, 2024 at 11:00AM ET (8:00AM PT), Track 1, at the Luxe Sunset Blvd Hotel in Los Angeles, CA. Mr. Sloane will hold one-on-one meetings on October 29-30, 2024. To schedule a meeting, please contact your LD Micro representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne at jcavuoto@newtekone.com.
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.
