NewtekOne

NEWT · NASDAQ

$11.19+$0.26 (+2.38%)TodayMarket closed ·
Prev close $10.93

About NEWT

NewtekOne, Inc. is a financial holding company, which engages in the provision of business and financial solutions. The company is headquartered in Boca Raton, Florida and currently employs 572 full-time employees. The Company’s segments include Banking, Alternative Lending, NSBF and Payments. Its business and financial solutions include Banking (Newtek Bank, N.A. ), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing and Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, the Company offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com). The Company’s lending solutions include term loans and revolving lines of credit. The Company’s insurance solutions include commercial insurance, personal insurance, employee benefits and life insurance.

Employees
572
Headquarters
Boca Raton, Florida
Listed
Mar 17, 1980
Sector
Financials
Industry
Financial Services

Leadership

NewtekOne executives
NameTitleSince
Barry Sloane—1999
Frank Demaria——
Peter Downs—2015
Halli Razon-Feingold—2016
Michael Schwartz—2005
Thomas Cestare——
Craig Brunet—2001
Fernando Perez-Hickman——
Richard Salute——
Gregory Zink——

Revenue by product and region

Fiscal year ended Sep 30, 2014: $112.38M total revenue

By product

  • Electronic payment processing.$67.47M60.0%
  • Small business finance.$31.22M27.8%
  • Managed technology solutions.$12.07M10.7%
  • Other Segments [Member]$1.95M1.7%
  • Capcos.$312.00K0.3%

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