Stock Ideas
New
Stocks
Funds
Screener
Sectors
Watchlists
NEWT

NEWT - Newtek Business Services Corp Stock Price, Fair Value and News

12.52USD-0.42 (-3.25%)Market Closed

Market Summary

NEWT
USD12.52-0.42
Market Closed
-3.25%

NEWT Alerts

  • 2 major insider buys recently.
  • Big fall in earnings (Y/Y)

NEWT Stock Price

View Fullscreen

NEWT RSI Chart

NEWT Valuation

Market Cap

309.7M

Price/Earnings (Trailing)

8.06

Price/Sales (Trailing)

2.74

Price/Free Cashflow

-3.37

NEWT Price/Sales (Trailing)

NEWT Profitability

Return on Equity

15.12%

Return on Assets

2.55%

Free Cashflow Yield

-29.67%

NEWT Fundamentals

NEWT Revenue

Revenue (TTM)

113.2M

Rev. Growth (Yr)

16.55%

Rev. Growth (Qtr)

239.33%

NEWT Earnings

Earnings (TTM)

38.4M

Earnings Growth (Yr)

-47.98%

Earnings Growth (Qtr)

-11.05%

Breaking Down NEWT Revenue

Last 7 days

-5.2%

Last 30 days

-9.9%

Last 90 days

14.7%

Trailing 12 Months

-23.6%

How does NEWT drawdown profile look like?

NEWT Financial Health

Debt/Equity

2.61

Debt/Cashflow

-0.14

NEWT Investor Care

Dividend Yield

2.96%

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
YearQ1Q2Q3Q4
2024113.2M000
202355.5M72.4M89.3M106.2M
202268.9M58.8M48.7M38.6M
202188.9M85.6M82.3M79.0M
20200000
20190000
20180000
20170000
20160000
20150000
20140000
20130000

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

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 22, 2024
young nicolas
bought
6,615
13.23
500
president, newtek bank, n.a.
May 21, 2024
mulia salvatore francis
sold
-9,870
13.16
-750
-
May 15, 2024
sloane barry
bought
141,716
14.1716
10,000
chairman & ceo
May 15, 2024
zink gregory l
bought
28,304
14.152
2,000
-
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
-

1–10 of 50

Which funds bought or sold NEWT recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
JANE STREET GROUP, LLC
sold off
-100
-648,655
-
-%
May 16, 2024
Creekmur Asset Management LLC
reduced
-60.85
-13,775
6,247
-%
May 16, 2024
Ancora Advisors LLC
added
43.45
180,682
1,440,260
0.03%
May 16, 2024
AVENIR CORP
added
46.57
94,760
657,800
0.06%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.91
-27,167
25,784
-%
May 15, 2024
FIRST MANHATTAN CO. LLC.
unchanged
-
-1,831
7,194
-%
May 15, 2024
No Street GP LP
sold off
-100
-690,000
-
-%
May 15, 2024
Aquatic Capital Management LLC
new
-
96,800
96,800
-%
May 15, 2024
Steward Partners Investment Advisory, LLC
reduced
-33.33
-2,910
3,300
-%
May 15, 2024
Kinloch Capital, LLC
new
-
148,379
148,379
0.08%

1–10 of 48

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 13, 2024
8-K
Current Report
Jun 04, 2024
8-K
Current Report
May 30, 2024
8-A12B
8-A12B
May 30, 2024
8-K
Current Report
May 30, 2024
CERT
CERT
May 28, 2024
8-K
Current Report
May 24, 2024
4
Insider Trading
May 24, 2024
424B2
Prospectus Filed
May 23, 2024
FWP
Prospectus Filed
May 22, 2024
424B2
Prospectus Filed

Peers (Alternatives to Newtek Business Services Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
563.6B
180.9B
-4.12% 35.43%
11.19
3.12
60.42% 19.83%
306.9B
137.9B
0.85% 33.61%
12.26
2.23
56.12% -12.56%
200.2B
88.5B
-7.89% 35.55%
10.67
2.26
42.28% 26.14%
113.4B
140.1B
-7.63% 22.20%
14.18
0.81
54.53% -
15.5B
10.4B
-7.55% 23.00%
10.83
1.49
26.22% -33.87%
12.6B
8.1B
-14.26% 32.44%
14.4
1.55
32.15% -50.93%
MID-CAP
6.2B
4.2B
-15.15% 9.19%
8.93
1.46
34.68% -45.96%
6.0B
4.1B
-9.65% 40.61%
9.57
1.47
32.93% -30.73%
3.2B
1.3B
-6.81% 31.96%
11.42
2.46
30.60% -12.99%
3.0B
2.0B
-10.99% 15.87%
18.77
1.48
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
404.4M
173.1M
-1.50% 10.85%
13.86
2.34
26.54% -34.86%
362.3M
176.1M
-7.15% 0.05%
36.44
2.06
35.14% -73.84%
265.3M
98.7M
-8.08% -6.70%
9.01
2.69
6.27% -22.90%
42.9M
62.5M
-8.76% -9.42%
-14.5
0.69
18.83% -145.18%

Newtek Business Services Corp News

Latest updates
Via News Agency24 hours ago
Yahoo Lifestyle UK2 years ago

Newtek Business Services Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Revenue239.3%49.0015.0027.0023.0042.0034.0025.0025.0022.0017.0012.00----------
Interest Expenses7.3%9.008.008.006.005.004.003.003.003.0043.005.00----------
Income Taxes-13.5%3.004.003.003.00-11.956.000.00-0.891.00------------
Net Income-11.1%10.0011.0011.007.0019.00-2.2211.0014.0010.0020.0017.00----------
Net Income Margin-23.8%0.34*0.45*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 Cashflow26.5%-38.73-52.6988.00-88.46-11665.00-62.41-71.676.00------------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets5.6%1,5101,4301,3931,4511,2609991,0071,0231,0401,057-----------
    Cash Equivalents-11.3%16318422425619712682.00126163187203----------
  Goodwill0%26.0026.00-------------------
Liabilities6.4%1,2551,1801,1511,2161,027624615627640653-----------
  Long Term Debt2.9%662644649697697539---78.00-----------
Shareholder's Equity2.0%254249242235233375392395398404366369---------
  Retained Earnings16.3%33.0028.0022.0016.0014.0021.0021.00--36.00-----------
  Additional Paid-In Capital0.3%201201200199199354371--368-----------
Shares Outstanding0.1%25.0025.0025.0025.0025.0025.0024.00--24.0023.00----------
Minority Interest-----0.49-0.47----------------
Float----366---432-------------
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q42020Q32020Q22020Q12019Q42019Q32019Q2
Cashflow From Operations26.4%-38,674-52,52988,162-88,493-116,35965,175-62,412-71,6596,478-10,777-----------
  Share Based Compensation-14.8%681799593697739--1,248--------------
Cashflow From Investing11.0%-43,805-49,218-50,471-48,648-23,898---11.00-------------
Cashflow From Financing109.2%61,67929,486-70,332198,921186,899-21,70118,51834,242-29,884-5,469-----------
  Dividend Payments0.0%4,7714,7694,7664,612-16,22515,32417,63515,360------------
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

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 loans24,98517,502
Other interest earning assets1,622981
Total interest income27,06718,715
Interest expense  
Deposits5,5761,475
Total interest expense18,16114,132
Net interest income8,9064,583
Provision for credit losses4,0151,318
Net interest income after provision for credit losses4,8913,265
Noninterest income  
Dividend income386504
Loan servicing asset revaluation(1,735)919
Servicing income5,3574,403
Net gains on sales of loans20,2926,367
Net gain on loans under the fair value option2,7985,905
Technology and IT support income5,7706,709
Electronic payment processing income10,98710,328
Other noninterest income5,5127,221
Total noninterest income49,36742,356
Noninterest expense  
Salaries and employee benefits expense20,50619,073
Technology services expense3,4083,803
Electronic payment processing expense4,8464,504
Professional services expense4,5653,440
Other loan origination and maintenance expense2,2442,781
Depreciation and amortization532791
Other general and administrative costs5,0584,631
Total noninterest expense41,15939,023
Net income before taxes13,0996,598
Income tax expense (benefit)3,449(11,952)
Net income9,65018,550
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
NEWT
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
 WEBSITEnewtekone.com
 INDUSTRYBanks Diversified
 EMPLOYEES104

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 Jun 14 2024, market cap of Newtek Business Services Corp is 309.67 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 Jun 14 2024, NEWT's PE ratio (Price to Earnings) is 8.06 and Price to Sales (PS) ratio is 2.74. 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 0.099 (multiply by 100 for percentage) rate of return.