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Preferreds Weekly Review: Banks Are Redeeming Their Preferreds
Seeking Alpha· 2024-09-30 01:01
Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top- down, providing an overview of the broader market. We also try Check out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations. Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets. ...
NewtekOne(NEWT) - 2024 Q2 - Quarterly Results
2024-09-16 19:55
Dividend Information - NewtekOne, Inc. declared a quarterly dividend of $0.19 per share[3] - The press release regarding the dividend was issued on September 16, 2024[3] Company Classification and Operations - The company is classified as an emerging growth company under the Securities Act[2] - The company operates under the trading symbol NEWT on the Nasdaq Global Market[1] - NewtekOne's principal executive offices are located in Boca Raton, Florida[1] Financial Reporting and Risks - Forward-looking statements indicate potential risks and uncertainties affecting future results[2] - Management's expectations are subject to significant risks that could lead to actual results differing[2] - The report does not incorporate the information as "filed" under the Securities Exchange Act[3] - The company’s financial statements are available on its website and the SEC's website[2] Report Signing - The CEO, Barry Sloane, signed the report on behalf of NewtekOne[3]
NewtekOne, Inc. Closes Offering of $75.0 Million of 8.625% Fixed Rate Senior Notes Due 2029
GlobeNewswire News Room· 2024-09-16 16:44
BOCA RATON, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) announced today that it has closed a registered public offering (the "Offering") of $75.0 million aggregate principal amount of its 8.625% Fixed Rate Senior Notes due 2029 (the "Notes"). The Notes will mature on October 15, 2029, and may be redeemed by the Company, in whole or in part, at any time on or after October 15, 2026, at a redemption price equal to 100% of the outstanding principal amount to be redeemed plus accrued ...
NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
Seeking Alpha· 2024-09-10 18:46
tumsasedgars NewtekOne, Inc. (NASDAQ:NEWT) has its fan base. We are not part of it. You can get that straight from our coverage of the stock. Out of the last 8 ratings we have generated for the company, 1 has been a Sell and 7 have been a Hold. NewtekOne: 6x Earnings With A 6.5% Dividend Yield NEWT · Mar. 06, 2024 · 16 Comments · Make Analyst's Pick HOLD NewtekOne: Look For Further Downgrades To Growth Outlook NEWT, NEWTI · Dec. 28, 2023 · 56 Comments · Make Analyst's Pick 90LD NewtekOne: The 8.1% Baby Bond ...
NewtekOne, Inc. Reconfirms its 2024 Annual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common Share
GlobeNewswire News Room· 2024-09-05 12:30
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 busin ...
NewtekOne, Inc. Hires Andrew Kaplan as Chief Strategy Officer
GlobeNewswire News Room· 2024-09-03 12:30
BOCA RATON, Fla., Sept. 03, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (NASDAQ: NEWT) has hired Mr. Andrew Kaplan as Chief Strategy Officer, effective today. Mr. Kaplan comes to NewtekOne with over 35 years of experience in banking and financial services, with the focus on creating and managing diverse business lines such as payments, digital banking, retail banking, premier banking, and marketing. Most recently, Mr. Kaplan was the Chief Digital Officer at Flagstar Bank, N.A., where he helped transform a dorm ...
NewtekOne, Inc. CEO, Barry Sloane, to Attend the Raymond James 2024 U.S. Banking and Banking on Tech Conference September 4-5, 2024
GlobeNewswire News Room· 2024-08-28 14:05
BOCA RATON, Fla., Aug. 28, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the "Company") (NASDAQ: NEWT), announced today that NewtekOne's CEO and President, Barry Sloane, and CFO, M. Scott Price, will attend, and hold one-on-one and group investor meetings at the Raymond James 2024 U.S. Banking and Banking on Tech Conference September 4-5, 2024 at the Marriot Marquis Chicago. To schedule a meeting, please contact your Raymond James representative, or Jayne Cavuoto, Director of Investor Relations at NewtekOne, at ...
NewtekOne(NEWT) - 2024 Q2 - Quarterly Report
2024-08-09 19:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____to_____ Commission file number: 814-01035 NEWTEKONE, INC. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------------- ...
NewtekOne(NEWT) - 2024 Q2 - Earnings Call Presentation
2024-08-07 04:57
| --- | --- | --- | |-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | | | | | | NASDAQ: NEWT Second Quarter 2024 Financial Results Conference Call August 6, 2024 | | | | Hosted and Presented by: Barry Sloane, CEO & President M. Scott Price, CFO | | | | Also Attending Nicolas Young, President, Newtek Bank, N.A. Investor Relations Jayne Cavuoto Director of Investor ...
NewtekOne(NEWT) - 2024 Q2 - Earnings Call Transcript
2024-08-07 04:56
NewtekOne, Inc. (NASDAQ:NEWT) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Barry Sloane - President, Chairman and Chief Executive Officer Scott Price - Chief Financial Officer Frank Di Maria - Chief Accounting Officer Nicolas Young - President and Chief Operating Officer, Newtek Bank, N.A Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Bryce Rowe - B. Riley Operator Good day and t ...