NEWT Stock Price, Newtek Business Services Quote, Chart

Market Summary

USD13.65-0.37

Delayed

-2.64%

NEWT Stock Price

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NEWT RSI Chart

NEWT Valuation

Market Cap

337.6M

Price/Earnings (Trailing)

8.79

Price/Sales (Trailing)

2.7

Price/Free Cashflow

-3.67

NEWT Price/Sales (Trailing)

NEWT Profitability

Return on Equity

15.12%

Return on Assets

2.55%

Free Cashflow Yield

-27.22%

NEWT Fundamentals

NEWT Revenue

Revenue (TTM)

125.0M

Rev. Growth (Yr)

163.78%

Rev. Growth (Qtr)

87.22%

NEWT Earnings

Earnings (TTM)

38.4M

Earnings Growth (Yr)

-47.98%

Earnings Growth (Qtr)

-11.05%

Breaking Down NEWT Revenue

Last 7 days

6.8%

Last 30 days

24.4%

Last 90 days

16.9%

Trailing 12 Months

18.7%

How does NEWT drawdown profile look like?

NEWT Financial Health

Debt/Equity

2.61

Debt/Cashflow

-0.14

NEWT Investor Care

Dividend Yield

2.71%

Dividend/Share (TTM)

0.37

Shares Dilution (1Y)

0.51%

Diluted EPS (TTM)

1.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	125.0M	0	0	0
2023	52.6M	66.5M	80.4M	94.4M
2022	68.9M	58.8M	48.7M	38.6M
2021	88.9M	85.6M	82.3M	79.0M
2020	0	0	0	0
2019	0	0	0	0
2018	0	0	0	0
2017	0	0	0	0
2016	0	0	0	0
2015	0	0	0	0
2014	0	0	0	0
2013	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Newtek Business Services Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 22, 2024	mulia salvatore francis	sold	-8,152	10.87	-750	-
Mar 21, 2024	mulia salvatore francis	sold	-8,032	10.71	-750	-
Feb 21, 2024	mulia salvatore francis	sold	-8,610	11.48	-750	-
Jan 26, 2024	mulia salvatore francis	gifted	-52,640	13.16	-4,000	-
Jan 22, 2024	mulia salvatore francis	sold	-9,420	12.56	-750	-
Dec 21, 2023	mulia salvatore francis	sold	-10,755	14.34	-750	-
Dec 13, 2023	sloane barry	bought	40,335	13.445	3,000	chairman & ceo
Dec 04, 2023	leger nicholas j	sold	-69.125	13.825	-5.00	chief accounting officer
Nov 27, 2023	sloane barry	bought	67,967	12.9906	5,232	chairman & ceo
Nov 22, 2023	salute richard j	bought	2,605	13.0259	200	-

Which funds bought or sold NEWT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Creekmur Asset Management LLC	reduced	-60.85	-13,775	6,247	-%
May 16, 2024	JANE STREET GROUP, LLC	sold off	-100	-648,655	-	-%
May 16, 2024	AVENIR CORP	added	46.57	94,760	657,800	0.06%
May 16, 2024	Ancora Advisors LLC	added	43.45	180,682	1,440,260	0.03%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.91	-27,167	25,784	-%
May 15, 2024	STATE STREET CORP	added	0.67	-1,213,400	5,033,840	-%
May 15, 2024	AMERIPRISE FINANCIAL INC	added	14.84	-17,867	193,314	-%
May 15, 2024	BARCLAYS PLC	reduced	-52.61	-292,000	177,000	-%
May 15, 2024	CITADEL ADVISORS LLC	added	88.91	355,765	1,059,120	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	100	94,197	252,373	-%

Are Funds Buying or Selling NEWT?

Are funds buying NEWT calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NEWT

No. of Funds

Unveiling Newtek Business Services Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
May 15, 2024	newtekone, inc.	5.35%	1,324,345	SC 13D
Feb 13, 2024	vanguard group inc	5.48%	1,351,102	SC 13G
Jan 26, 2024	blackrock inc.	7.3%	1,793,129	SC 13G
Jan 26, 2024	newtekone, inc.	5.3%	1,310,038	SC 13D
Jan 24, 2024	royce & associates lp	8.29%	2,042,490	SC 13G
Jan 31, 2023	newtekone, inc.	5.2%	1,274,269	SC 13D
Jan 10, 2022	newtek business services corp.	4.8%	1,160,037	SC 13D

Recent SEC filings of Newtek Business Services Corp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 15, 2024	SC 13D	13D - Major Acquisition
May 10, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
Apr 30, 2024	DEFA14A	DEFA14A
Apr 29, 2024	DEF 14A	DEF 14A
Apr 23, 2024	4	Insider Trading
Apr 22, 2024	144	Notice of Insider Sale Intent
Apr 19, 2024	PRE 14A	PRE 14A

Peers (Alternatives to Newtek Business Services Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Newtek Business Services Corp News

Latest updates

Newtek Business Services Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Revenue	87.2%	49.00	26.00	27.00	23.00	19.00	22.00	25.00	25.00	22.00	17.00	12.00	-	-	-	-	-	-	-	-	-	-
Interest Expenses	7.3%	9.00	8.00	8.00	6.00	5.00	4.00	3.00	3.00	3.00	43.00	5.00	-	-	-	-	-	-	-	-	-	-
Income Taxes	-13.5%	3.00	4.00	3.00	3.00	-11.95	6.00	0.00	-0.89	1.00	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-11.1%	10.00	11.00	11.00	7.00	19.00	-2.22	11.00	14.00	10.00	20.00	17.00	-	-	-	-	-	-	-	-	-	-
Net Income Margin	-38.7%	0.31*	0.50*	0.43*	0.52*	0.78*	0.84*	1.12*	1.02*	1.22*	1.07*	0.41*	0.39*	0.38*	0.36*	-	-	-	-	-	-	-
Free Cashflow	26.5%	-38.73	-52.69	88.00	-88.46	-116	65.00	-62.41	-71.67	6.00	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.6%	1,510	1,430	1,393	1,451	1,260	999	1,007	1,023	1,040	1,057	-	-	-	-	-	-	-	-	-	-	-
Cash Equivalents	-11.3%	163	184	224	256	197	126	82.00	126	163	187	203	-	-	-	-	-	-	-	-	-	-
Goodwill	0%	26.00	26.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities	6.4%	1,255	1,180	1,151	1,216	1,027	624	615	627	640	653	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	2.9%	662	644	649	697	697	539	-	-	-	78.00	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	2.0%	254	249	242	235	233	375	392	395	398	404	366	369	-	-	-	-	-	-	-	-	-
Retained Earnings	16.3%	33.00	28.00	22.00	16.00	14.00	21.00	21.00	-	-	36.00	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital	0.3%	201	201	200	199	199	354	371	-	-	368	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.1%	25.00	25.00	25.00	25.00	25.00	25.00	24.00	-	-	24.00	23.00	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-0.49	-0.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	366	-	-	-	432	-	-	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Cashflow From Operations	26.4%	-38,674	-52,529	88,162	-88,493	-116,359	65,175	-62,412	-71,659	6,478	-10,777	-	-	-	-	-	-	-	-	-	-	-
Share Based Compensation	-14.8%	681	799	593	697	739	-	-1,248	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	11.0%	-43,805	-49,218	-50,471	-48,648	-23,898	-	-	-11.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Financing	109.2%	61,679	29,486	-70,332	198,921	186,899	-21,701	18,518	34,242	-29,884	-5,469	-	-	-	-	-	-	-	-	-	-	-
Dividend Payments	-100.0%	-	4,769	4,766	4,612	-	16,225	15,324	17,635	15,360	-	-	-	-	-	-	-	-	-	-	-	-

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NEWT Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income
Debt securities available-for-sale	$ 460	$ 232
Loans and fees on loans	24,985	17,502
Other interest earning assets	1,622	981
Total interest income	27,067	18,715
Interest expense
Deposits	5,576	1,475
Total interest expense	18,161	14,132
Net interest income	8,906	4,583
Provision for credit losses	4,015	1,318
Net interest income after provision for credit losses	4,891	3,265
Noninterest income
Dividend income	386	504
Loan servicing asset revaluation	(1,735)	919
Servicing income	5,357	4,403
Net gains on sales of loans	20,292	6,367
Net gain on loans under the fair value option	2,798	5,905
Technology and IT support income	5,770	6,709
Electronic payment processing income	10,987	10,328
Other noninterest income	5,512	7,221
Total noninterest income	49,367	42,356
Noninterest expense
Salaries and employee benefits expense	20,506	19,073
Technology services expense	3,408	3,803
Electronic payment processing expense	4,846	4,504
Professional services expense	4,565	3,440
Other loan origination and maintenance expense	2,244	2,781
Depreciation and amortization	532	791
Other general and administrative costs	5,058	4,631
Total noninterest expense	41,159	39,023
Net income before taxes	13,099	6,598
Income tax expense (benefit)	3,449	(11,952)
Net income	9,650	18,550
Dividends to preferred shareholders	(400)	(249)
Net income available to common shareholders	$ 9,250	$ 18,301
Earnings per share, basic (in dollars per share)	$ 0.38	$ 0.76
Earnings per share, diluted (in dollars per share)	$ 0.38	$ 0.74
Notes and securitizations
Interest expense
Interest expense	$ 10,827	$ 8,718
Bank and FHLB borrowings
Interest expense
Interest expense	$ 1,758	$ 3,939

About Newtek Business Services Corp

NewtekOne, Inc., a financial holding company, provides a range of business and financial solutions to the small- and medium-sized business market. Its business and financial solutions include banking services, business lending, electronic payment processing, ecommerce, accounts receivable financing and inventory financing, insurance solutions, web services, and payroll and benefits solutions, as well as technology solutions, including cloud computing, data backup, storage, retrieval, and IT consulting. The company was founded in 1998 and is based in Boca Raton, Florida.

CEO	Mr. Barry Scott Sloane
WEBSITE	newtekone.com
INDUSTRY	Banks Diversified
EMPLOYEES	104

Newtek Business Services Corp Frequently Asked Questions

What is the ticker symbol for Newtek Business Services Corp? What does NEWT stand for in stocks?

NEWT is the stock ticker symbol of Newtek Business Services Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Newtek Business Services Corp (NEWT)?

As of Fri May 17 2024, market cap of Newtek Business Services Corp is 337.62 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEWT stock?

You can check NEWT's fair value in chart for subscribers.

What is the fair value of NEWT stock?

You can check NEWT's fair value in chart for subscribers. The fair value of Newtek Business Services Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Newtek Business Services Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEWT so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Newtek Business Services Corp a good stock to buy?

The fair value guage provides a quick view whether NEWT is over valued or under valued. Whether Newtek Business Services Corp is cheap or expensive depends on the assumptions which impact Newtek Business Services Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEWT.

What is Newtek Business Services Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NEWT's PE ratio (Price to Earnings) is 8.79 and Price to Sales (PS) ratio is 2.7. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEWT PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Newtek Business Services Corp's stock?

In the past 10 years, Newtek Business Services Corp has provided 0.11 (multiply by 100 for percentage) rate of return.