Newtek Business' government loan program referrals jump [Seeking Alpha]
NewtekOne, Inc. (NEWT)
Last newtekone, inc. earnings: 11/6 04:05 pm
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US:NASDAQ Investor Relations:
investor.newtekbusinessservices.com
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Source: Seeking Alpha
Financials Newtek Business' government loan program referrals jump Mar. 18, 2020 1:19 PM ET | Newtek Business Services Corp. (NEWT) Liz Kiesche Newtek Business Services ( -31.2% have increased Also, inbound call volume has increased by several multiples per day. "We currently have the capacity to fund government-guaranteed loans to assist with the recovery of the small business community and the U.S. economy," Sloane said. "We plan on working closely with the Small Business Administration to point people in the right direction for disaster recovery." However, "our portfolio company (Newtek Merchant Solutions and Mobil Money) payment processing volume has been down approximately 10% since the beginning of the month, and we do expect further temporary deterioration in this business." Newtek has successfully tested and enacted its business continuity plan without any impact to its business operations. "Newtek and its portfolio companies are fully operational and servicing its borrowers
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NEWT
News
- Newtek Bank, N.A. Launches Newtek Zero-Fee Business Banking™GlobeNewswire
- NewtekOne, Inc.’s, CEO, Barry Sloane, Interviewed at the LD Micro Main Event XVII Investor ConferenceGlobeNewswire
- NewtekOne, Inc. (NASDAQ: NEWT) had its price target raised by analysts at Piper Sandler from $13.00 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
- NewtekOne, Inc. (NASDAQ: NEWT) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $15.00 price target on the stock, up previously from $13.00.MarketBeat
- NewtekOne, Inc. Reports Third Quarter 2024 Earnings of $0.45 per Basic and Diluted Common ShareGlobeNewswire
NEWT
Earnings
- 11/6/24 - Beat
NEWT
Sec Filings
- 11/18/24 - Form 4
- 11/12/24 - Form 10-Q
- 11/7/24 - Form 3
- NEWT's page on the SEC website