NewtekOne, Inc. Begins 2024 with Strong January Loan Pipeline Growth
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: GlobeNewswire
BOCA RATON, Fla., Feb. 05, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT), announced today strong growth in its total loan pipeline, across all lending products, year-to-date through January 31, 2024, compared to the same period last year. The total pipeline consists of loans that are in the Company’s three lending stages: prequalification, underwriting and approved pending closing. NewtekOne’s loan programs include SBA 7(a) loans, SBA 504 loans, alternative loan financing program (formerly referred to as our non-conforming conventional loan program), conforming C&I loans and conforming CRE loans. Newtek Bank’s flagship loan program, SBA 7(a) lending, and the Company’s alternative loan finance program, led the year-over-year pipeline growth for January. The following summarize the year-over-year pipeline growth year-to-date through January 31, 2024: The total loan pipeline across all loan products year-to-date through January 31, 2024 reached $1.4 billion;
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News
- Newtek Business Services Corp. (NASDAQ:NEWT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- NewtekOne, Inc. (NASDAQ: NEWT) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- NewtekOne, Inc. Reports First Quarter 2024 Financial ResultsGlobeNewswire
- "Apiture Innovator" Awards Announced at Apiture Accelerate 2024 ConferenceAccesswire
- NewtekOne, Inc. (NASDAQ: NEWT) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
NEWT
Earnings
- 5/6/24 - Beat
NEWT
Sec Filings
- 5/6/24 - Form 8-K
- 4/30/24 - Form DEFA14A
- 4/29/24 - Form DEF
- NEWT's page on the SEC website