Stock events for NewtekOne, Inc. (NEWT)
NewtekOne's stock (NEWT) has experienced an upward trend, increasing by 38.95% in the past six months. Key events impacting the stock price include the Q1 2026 earnings report, which showed a 22.9% increase in EPS, substantial growth in deposit accounts and loan originations, a 40% year-over-year increase in loan units originated in Q1 2026, deposit growth exceeding $2 billion as of March 31, 2026, securing a $20 million loan in April 2026, and a 17% stock price gain in a week around January 2026.
Demand Seasonality affecting NewtekOne, Inc.’s stock price
NewtekOne's products and services, particularly its lending operations, exhibit some seasonality, with the first quarter typically being the weakest in terms of earnings contribution. However, the company has demonstrated increased loan production, with Q1 2026 seeing a 40% year-over-year increase in loan units originated, and this momentum continued into April.
Overview of NewtekOne, Inc.’s business
NewtekOne, Inc. is a financial holding company providing business and financial solutions to small and medium-sized businesses (SMBs) and independent business owners. It operates in the Financial Services sector, specifically in the Banks - Regional and National Commercial Banks industries, and is a business development company specializing in financial and business services for SMBs. The company's major products and services include banking services, lending solutions, electronic payment processing, insurance solutions, payroll and HR solutions, and managed technology services.
NEWT’s Geographic footprint
NewtekOne, Inc. serves independent business owners across all 50 U.S. states. The company's headquarters are located in Boca Raton, Florida, and it maintains a network of regional offices and lending professionals to support its national customer base.
NEWT Corporate Image Assessment
NewtekOne has consistently emphasized its role as a partner for independent business owners since its founding in 1998. The company positions itself as a technology-oriented platform, leveraging proprietary and patented technological solutions for customer acquisition and providing a cloud-based business portal. NewtekOne's approval by the Federal Reserve's FedNow Program and the Clearinghouse RTP for real-time payments further enhances its reputation for modern financial solutions. There is no information indicating any significant negative events that have affected NewtekOne's brand reputation in the past year.
Ownership
NewtekOne, Inc. has a diverse ownership structure. Institutional shareholders hold approximately 49.99% to 44% of the company's stock. Insider ownership ranges from 5.90% to 53.31% of the company, with CEO Barry Sloane being the largest individual shareholder. The general public holds about a 42% stake.
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$13.88