Craft

NewtekOne

Stock Price

$13.4

2024-10-29

Market Capitalization

$347.9 M

2024-10-29

Revenue

$217.3 M

FY, 2024

NewtekOne Summary

Company Summary

Overview
NewtekOne (formerly known as Newtek Business Services) is a business development company that provides a range of business and financial solutions. It offers business lending, electronic payment processing, managed technology solutions (cloud computing), technology consulting, ecommerce, accounts receivable and inventory financing, personal and commercial lines insurance services, web services, data backup, storage and retrieval, and payroll and benefits solutions.
Type
Public
Status
Active
Founded
1998
HQ
Boca Raton, FL, US | view all locations
Website
https://www.newtekone.com/
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Barry Sloane

    Barry Sloane, President, Chairman and Chief Executive Officer

  • Peter Downs

    Peter Downs, Chief Lending Officer, Director, & President of Newtek Small Business Finance

  • Halli Razon-Feingold

    Halli Razon-Feingold, Chief Administrative Officer & SVP, Human Resources

  • Nicholas J. Leger, Chief Accounting Officer

Operating MetricsView all

Loans Originated

$775.6M
38.4%

FY, 2022

Payments Processed

$5B

FY, 2022

Total Loans, units

3.5K
28.1%

FY, 2022

LocationsView all

6 locations detected

  • Boca Raton, FL HQ

    United States

    4800 T-Rex Ave # 120

  • Indianapolis, IN

    United States

    8777 Purdue Rd # 330

  • New Hyde Park, NY

    United States

    1981 Marcus Ave #130

  • New York, NY

    United States

    151 W 30th St 8th Floor

  • Orlando, FL

    United States

    14 E Washington St # 600B

  • Phoenix, AZ

    United States

    2550 W Union Hills Dr #390

NewtekOne Financials

Summary Financials

Revenue (FY, 2024)
$217.3M
Net income (FY, 2024)
$50.9M
Cash (FY, 2024)
$6.9M
Enterprise value
$1.0B

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