NEWT Stock Price, Newtek Business Services Quote, Chart

Market Summary

USD11.21-0.15

Market Closed

-1.32%

NEWT Stock Price

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NEWT RSI Chart

NEWT Valuation

Market Cap

277.0M

Price/Earnings (Trailing)

5.85

Price/Sales (Trailing)

1.57

Price/Free Cashflow

-1.63

NEWT Price/Sales (Trailing)

NEWT Profitability

Return on Equity

19%

Return on Assets

3.31%

Free Cashflow Yield

-61.26%

NEWT Fundamentals

NEWT Revenue

Revenue (TTM)

176.8M

Rev. Growth (Yr)

235.6%

Rev. Growth (Qtr)

4.1%

NEWT Earnings

Earnings (TTM)

47.3M

Earnings Growth (Yr)

945.34%

Earnings Growth (Qtr)

88.31%

Breaking Down NEWT Revenue

Last 7 days

-8.6%

Last 30 days

2.7%

Last 90 days

-12.5%

Trailing 12 Months

-14.1%

How does NEWT drawdown profile look like?

NEWT Financial Health

Debt/Equity

2.59

Debt/Cashflow

-0.26

NEWT Investor Care

Dividend Yield

3.21%

Dividend/Share (TTM)

0.36

Shares Dilution (1Y)

0.41%

Diluted EPS (TTM)

1.88

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
2023	106.8M	127.8M	145.4M	176.8M
2022	96.7M	84.9M	97.7M	86.2M
2021	96.3M	100.3M	104.4M	108.5M
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
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	-
Nov 21, 2023	mulia salvatore francis	sold	-10,147	13.53	-750	-

Which funds bought or sold NEWT recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 10, 2024	Ridgewood Investments LLC	added	15.39	-50,358	577,335	0.31%
Apr 05, 2024	GAMMA Investing LLC	sold off	-100	-1,381	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	4.26	-469,007	18,645,200	-%
Mar 01, 2024	Creekmur Asset Management LLC	new	-	20,022	20,022	0.01%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	111	1,186,350	2,400,900	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.4	-11,701	159,901	-%
Feb 15, 2024	BARCLAYS PLC	added	738	409,000	469,000	-%
Feb 15, 2024	Front Row Advisors LLC	unchanged	-	-61.00	1,121	-%
Feb 15, 2024	Farther Finance Advisors, LLC	added	0.31	-1,770	26,993	-%
Feb 15, 2024	Legal & General Group Plc	added	1.37	-1,501	27,586	-%

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
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
Apr 05, 2024	8-K	Current Report
Apr 03, 2024	3	Insider Trading
Apr 01, 2024	10-K	Annual Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	8-K/A	Current Report
Mar 22, 2024	4	Insider Trading
Mar 21, 2024	144	Notice of Insider Sale Intent
Mar 19, 2024	8-K	Current Report
Mar 15, 2024	NT 10-K	NT 10-K

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	526.7B	171.1B	-3.91%	31.81%	10.63	3.08	60.72%	31.52%
BAC	283.0B	130.3B	1.52%	21.78%	10.67	2.17	79.51%	-3.68%
WFC	203.8B	85.7B	-0.94%	43.72%	10.65	2.38	41.49%	39.96%
C	111.9B	133.3B	1.65%	18.16%	12.13	0.84	79.09%	-
CFG	15.1B	10.2B	-1.49%	13.37%	9.41	1.48	44.53%	-22.43%
KEY	13.5B	7.9B	-0.41%	19.27%	13.93	1.7	46.47%	-49.56%
MID-CAP
CMA	6.7B	4.2B	2.75%	17.44%	7.65	1.61	56.25%	-23.46%
ZION	6.0B	3.9B	1.56%	34.92%	8.8	1.52	45.91%	-25.03%
ABCB	3.1B	1.3B	-1.16%	34.79%	11.56	2.43	43.24%	-22.35%
ASB	3.1B	2.0B	0.10%	12.49%	16.74	1.56	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	25.23%	-24.02%
ALRS	396.1M	164.9M	-4.97%	29.15%	33.87	2.4	42.66%	-70.76%
AROW	365.2M	162.6M	-7.04%	-2.86%	12.14	2.25	25.39%	-38.37%
ACNB	276.1M	96.6M	-8.72%	5.46%	8.71	2.86	11.02%	-11.37%
ASRV	39.4M	60.9M	-11.88%	-26.28%	-11.79	0.65	24.06%	-144.92%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.1%	45.00	43.00	46.00	43.00	13.00	25.00	25.00	22.00	25.00	12.00	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	-100.0%	-	8.00	6.00	5.00	18.00	3.00	3.00	3.00	5.00	5.00	-	-	-	-	-	-	-	-	-	-	-
Income Taxes	-187.3%	-2.63	3.00	3.00	-4.86	6.00	0.00	-0.89	1.00	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	88.3%	19.00	10.00	7.00	12.00	-2.22	11.00	14.00	10.00	20.00	17.00	-	-	-	-	-	-	-	-	-	-	-
Net Income Margin	47.9%	0.27*	0.18*	0.22*	0.32*	0.37*	0.56*	0.70*	0.87*	0.78*	0.32*	0.34*	0.35*	0.36*	-	-	-	-	-	-	-	-
Free Cashflow	-159.9%	-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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.6%	1,430	1,380	1,439	1,250	999	1,007	1,023	1,040	1,057	-	-	-	-	-	-	-	-	-	-	-	-
Cash Equivalents	-17.7%	184	224	256	197	126	82.00	126	163	187	203	-	-	-	-	-	-	-	-	-	-	-
Liabilities	2.3%	1,180	1,153	1,218	1,032	624	615	627	640	653	-	-	-	-	-	-	-	-	-	-	-	-
Long Term Debt	-0.7%	644	649	697	697	539	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	9.7%	249	227	221	218	375	392	395	398	404	366	369	-	-	-	-	-	-	-	-	-	-
Retained Earnings	96.6%	28.00	14.00	9.00	7.00	21.00	21.00	-	-	36.00	-	-	-	-	-	-	-	-	-	-	-	-
Additional Paid-In Capital	4.3%	201	193	192	191	354	371	-	-	368	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.1%	25.00	25.00	25.00	25.00	25.00	24.00	-	-	24.00	23.00	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-0.49	-0.47	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-159.6%	-52.53	88.00	-88.49	-116	65.00	-62.41	-71.66	6.00	-10.78	-	-	-	-	-	-	-	-	-	-	-	-
Share Based Compensation	34.7%	1.00	1.00	-	-	-	-1.25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	2.5%	-49.22	-50.47	-48.65	-23.90	-	-	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Financing	141.9%	29.00	-70.33	199	187	-21.70	19.00	34.00	-29.88	-5.47	-	-	-	-	-	-	-	-	-	-	-	-
Dividend Payments	0.1%	5.00	5.00	5.00	-	16.00	15.00	18.00	15.00	-	-	-	-	-	-	-	-	-	-	-	-	-

NEWT Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($)	12 Months Ended
CONSOLIDATED STATEMENTS OF INCOME - USD ($)	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income
Debt securities available-for-sale	$ 1,518,000	$ 1.34	$ 3.69
Loans and fees on loans	84,001,000	35,696,000	25,951,000
Loans and fees on loans - PPP loans	0	0	49,989,000
Interest from affiliates	0	2,921,000	3,026,000
Other interest earning assets	8,854,000	0	0
Total interest income	94,373,000	38,617,000	78,966,000
Interest expense
Deposits	15,849,000	0	0
Total interest expense	67,739,000	26,325,000	20,515,000
Net interest income	26,634,000	12,292,000	58,451,000
Provision for credit losses	11,704,000	0	0
Net interest income after provision for credit losses	14,930,000	12,292,000	58,451,000
Noninterest income
Dividend income	1,757,000	24,657,000	9,896,000
Loan servicing asset revaluation	(3,549,000)	(10,095,000)	(6,778,000)
Servicing income	18,300,000	13,700,000
Net gains on sales of loans	50,734,000	56,901,000	53,113,000
Net gain (loss) on loans under the fair value option	18,008,000	(26,504,000)	11,477,000
Technology and IT support income	24,916,000	0	0
Electronic payment processing income	42,855,000	0	0
Other noninterest income	23,762,000	34,221,000	10,295,000
Total noninterest income	176,772,000	92,878,000	89,310,000
Noninterest expense
Salaries and employee benefits expense	65,708,000	20,186,000	17,866,000
Technology services expense	14,272,000	0	0
Electronic payment processing expense	18,327,000	0	0
Professional services expense	13,077,000	7,134,000	5,610,000
Other loan origination and maintenance expense	9,433,000	30,746,000	29,506,000
Depreciation and amortization	2,884,000	239,000	304,000
Loss on extinguishment of debt	271,000	417,000	1,552,000
Other general and administrative costs	22,357,000	7,673,000	7,454,000
Total noninterest expense	146,329,000	66,395,000	62,292,000
Net income before taxes	45,373,000	38,775,000	85,469,000
Income tax expense (benefit)	(1,956,000)	6,464,000	1,327,000
Net income	47,329,000	32,311,000	84,142,000
Dividends to preferred shareholders	(1,454,000)	0	0
Net income available to common shareholders	$ 45,875,000	$ 32,311,000	$ 84,142,000
Earnings per share, basic (in dollars per share)	$ 1.89	$ 1.34	$ 3.69
Earnings per share, diluted (in dollars per share)	$ 1.88	$ 1.34	$ 3.69
Non-affiliate
Noninterest income
Servicing income	$ 18,289,000	$ 13,698,000	$ 11,307,000
Related Party
Interest expense
Notes payable related party	0	547,000	388,000
Notes and securitizations
Interest expense
Interest expense	40,217,000	21,780,000	18,591,000
Bank and FHLB borrowings
Interest expense
Interest expense	$ 11,673,000	$ 3,998,000	$ 1,536,000

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 Mon Apr 15 2024, market cap of Newtek Business Services Corp is 276.99 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 Mon Apr 15 2024, NEWT's PE ratio (Price to Earnings) is 5.85 and Price to Sales (PS) ratio is 1.57. 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 0.091 (multiply by 100 for percentage) rate of return.