NewtekOne, Inc.

NewtekOne, Inc. is a bank holding company that provides a wide range of business and financial solutions to small- and medium-sized businesses under the Newtek and NewtekOne brands. Through its subsidiary, Newtek Bank, National Association, the company accepts various deposits, including demand, savings, NOW, money market, and time deposits. It also offers loans such as U.S. Small Business Administration loans, commercial and industrial loans, and commercial real estate loans. Additionally, NewtekOne provides electronic payment processing services, including credit and debit card processing, check approval, and cloud-based point-of-sale systems for businesses like restaurants and retail stores. Other services include wholesale brokerage insurance, payroll management with tax reporting, and inbound/outbound calling services.

NewtekOne, Inc. is listed on the Nasdaq Global Market (NasdaqGM) under the ticker symbol NEWT. The company's financials and stock trades are denominated in US Dollars (USD), reflecting its operations based in the United States.

NewtekOne operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it functions as a regional bank, focusing on providing banking and financial services to local businesses and communities, particularly small- and medium-sized enterprises.

NewtekOne is headquartered in Boca Raton, Florida, United States. The company primarily serves the small- and medium-sized business market across the United States, offering a variety of financial and business solutions tailored to this segment.

NewtekOne generates revenue through multiple streams. As a bank holding company, it earns interest income from loans, including SBA loans, commercial and industrial loans, and commercial real estate loans. It also earns fee income from deposit accounts and electronic payment processing services, such as credit and debit card processing and cloud-based point-of-sale systems. Additionally, the company provides wholesale brokerage insurance services, payroll management with tax reporting, and inbound/outbound calling services, all of which contribute to its revenue. This diversified business model allows NewtekOne to serve the comprehensive needs of small- and medium-sized businesses.