Press Releases


Press Releases

Date Title and Summary Additional Formats
Toggle Summary NewtekOne Raises $50M in Private Note Offering
BOCA RATON, Fla. , Jan. 24, 2023 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) (the “Company”), announced that on January 23, 2023 , the Company completed an exempt private offering of $50.0 million aggregate principal amount of its 8.125% notes due 2025 (the “Notes”).
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Toggle Summary Newtek Business Services Corp. Completes Acquisition of National Bank of New York City
Newtek Business Services Corp. Becomes a Financial Holding Company BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) announced that on January 6, 2023 , it completed its acquisition of the National Bank of New York City (“NBNYC”), a
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Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, January 18, 2023 at 8:30 am ET to Discuss the Company’s NewtekOne® Rebranding Strategy and the Relaunch and Redesign of the Corporate Website
Will Provide Demonstration of the Newtek Advantage™ BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), today announced that Barry Sloane , Chief Executive Officer, will host a conference call on Wednesday, January 18, 2023 at 8:30 am ET , to
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Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Tuesday, January 17, 2023 at 8:30 am ET
Will Release Financial and Operational Projections and Targets to the Investor and Analyst Community for 2023 and 2024 BOCA RATON, Fla. , Jan. 06, 2023 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), today announced that Barry Sloane , Chief Executive Officer, will hold a
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Toggle Summary Newtek Business Services Corp. to Hold Investor Conference Call on Wednesday, December 14, 2022 at 8:30 am ET
Will Provide Update on the Financial Illustration of the Bank Holding Company and the Bank on a Go-Forward Basis Subsequent to the Acquisition of the National Bank of New York City BOCA RATON, Fla. , Dec. 12, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp ., (Nasdaq: NEWT), an internally
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Toggle Summary Newtek Secures Approximately $300 Million in Debt Financing to Further its Growth and Objectives for 2023
BOCA RATON, Fla. , Dec. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) today announced that its new joint venture, Newtek-TSO II Conventional Credit Partners, LP , has closed a $150 million leverage facility from a well-known investment bank to be used to fund the
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Toggle Summary Newtek Receives Approval From the OCC to Acquire National Bank of New York City
Newtek Recently Received Federal Reserve Approval to Become a Bank Holding Company BOCA RATON, Fla. , Dec. 01, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received conditional approval from Office of the Comptroller of the Currency
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Toggle Summary Newtek Receives Approval from the Federal Reserve to Become a Bank Holding Company
BOCA RATON, Fla. , Nov. 21, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring the National Bank of New York City
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Toggle Summary Newtek Business Services Corp. Declares a Fourth Quarter 2022 Distribution of $0.70 per Share
BOCA RATON, Fla. , Nov. 17, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp. , (NASDAQ: NEWT), an internally managed business development company (“BDC”), today announced that its Board of Directors declared a fourth quarter 2022 cash distribution of $0.70 per share 1 , payable on December
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Toggle Summary Newtek Business Services Corp. Reports Third Quarter 2022 Financial Results
Record SBA 7(a) Loan Fundings of $223.0 Million Increased by 36.0% in the Third Quarter of 2022 Over the Same Period Last Year Raised Full Year 2022 SBA 7(a) Loan Funding Guidance to Approximately $775 Million BOCA RATON, Fla. , Nov. 07, 2022 (GLOBE NEWSWIRE) -- Newtek Business Services Corp.
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