NewtekOne, Inc. Declares Initial Dividend for Preferred Shares at $9.44

NewtekOne, Inc. declared a $9.44 dividend on Series B Preferred Shares, payable October 1, 2025.

Quiver AI Summary

NewtekOne, Inc. has announced a dividend of $9.44 per share on its 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, which equates to $0.2361 per depositary share. This payment will be made on October 1, 2025, to shareholders recorded as of September 29, 2025, and is pro-rated for the period since the preferred shares were issued on August 20, 2025. NewtekOne, a financial holding company, provides a variety of business and financial solutions to independent business owners in the U.S. since 1999, including banking, lending, electronic payment processing, technology solutions, and more. The company emphasizes its commitment to helping businesses grow and manage risks effectively.

Potential Positives

NewtekOne has declared an initial dividend of $9.44 per Preferred Share, reflecting a strong commitment to return value to investors.
The dividend payment indicates the company's positive financial performance since the issuance of the Preferred Shares back on August 20, 2025.
The ability to pay dividends on Preferred Shares may enhance investor confidence and attract new shareholders interested in dividend-paying stocks.
This press release highlights NewtekOne's ongoing efforts to provide a wide range of financial solutions, reinforcing its status as a comprehensive service provider in the business sector.

Potential Negatives

Declaring a dividend may indicate that the company is focusing on short-term shareholder returns rather than long-term growth, potentially signaling underlying financial challenges.
The initial pro-rated dividend payment could raise concerns about the company's cash flow and financial stability, as it suggests a limited ability to pay dividends from the outset.
The caution expressed in the forward-looking statements could imply significant uncertainties regarding future performance, which may affect investor confidence.

FAQ

What is the dividend declared by NewtekOne, Inc.?

NewtekOne, Inc. declared a dividend of $9.44 per Preferred Share, or $0.2361 per depositary share.

When is the dividend payment date for NewtekOne's Preferred Shares?

The dividend is payable on October 1, 2025.

Who is eligible to receive the dividend from NewtekOne?

Holders of record as of September 29, 2025, are eligible for the dividend payment.

What type of company is NewtekOne, Inc.?

NewtekOne, Inc. is a financial holding company providing various business and financial solutions.

When was NewtekOne, Inc. established?

NewtekOne has been providing services since 1999.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$NEWT Insider Trading Activity

$NEWT insiders have traded $NEWT stock on the open market 30 times in the past 6 months. Of those trades, 30 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $NEWT stock by insiders over the last 6 months:

BARRY SLOANE (Chairman & CEO) has made 19 purchases buying 32,000 shares for an estimated $357,846 and 0 sales.
RICHARD J SALUTE has made 5 purchases buying 7,100 shares for an estimated $78,948 and 0 sales.
GREGORY L ZINK has made 2 purchases buying 2,000 shares for an estimated $20,780 and 0 sales.
PETER MATHISON DOWNS (President - Newtek Bank, N.A.) has made 2 purchases buying 1,000 shares for an estimated $11,065 and 0 sales.
CRAIG JEFFRY BRUNET purchased 1,000 shares for an estimated $10,944
FRANK M DEMARIA (EVP, Chief Financial Officer) purchased 500 shares for an estimated $5,610

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$NEWT Hedge Fund Activity

We have seen 75 institutional investors add shares of $NEWT stock to their portfolio, and 70 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

AQR CAPITAL MANAGEMENT LLC added 187,578 shares (+111.5%) to their portfolio in Q2 2025, for an estimated $2,115,879
MARSHALL WACE, LLP added 187,103 shares (+42.9%) to their portfolio in Q2 2025, for an estimated $2,110,521
ROYCE & ASSOCIATES LP removed 182,491 shares (-35.1%) from their portfolio in Q2 2025, for an estimated $2,058,498
UBS GROUP AG added 150,678 shares (+276.1%) to their portfolio in Q2 2025, for an estimated $1,699,647
SEGALL BRYANT & HAMILL, LLC added 127,781 shares (+81.4%) to their portfolio in Q2 2025, for an estimated $1,441,369
CITADEL ADVISORS LLC added 112,741 shares (+107.3%) to their portfolio in Q2 2025, for an estimated $1,271,718
GOLDMAN SACHS GROUP INC added 102,523 shares (+49.7%) to their portfolio in Q2 2025, for an estimated $1,156,459

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$NEWT Price Targets

Multiple analysts have issued price targets for $NEWT recently. We have seen 2 analysts offer price targets for $NEWT in the last 6 months, with a median target of $12.5.

Here are some recent targets:

Timothy Switzer from Keefe, Bruyette & Woods set a target price of $13.0 on 09/19/2025
Crispin Love from Piper Sandler set a target price of $12.0 on 07/29/2025

Full Release

BOCA RATON, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“the Company”) (NASDAQ: NEWT) has declared a dividend on the Company’s outstanding 8.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B (the “Preferred Shares”) in the amount of $9.44 per Preferred Share, or $0.2361 per depositary share, which is equivalent to 1/40th of the dividend on the Preferred Shares, payable on October 1, 2025 to holders of record as of September 29, 2025. This initial dividend payment on the Preferred Shares is pro-rated for the initial dividend period from the date of the issuance of the Preferred Shares on August 20, 2025.

About NewtekOne, Inc.

NewtekOne ^® , Your Business Solutions Company ^® , is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek ^® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.

NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions , Electronic Payment Processing , eCommerce , Accounts Receivable Financing & Inventory Financing and Insurance Solutions , Web Services , and Payroll and Benefits Solutions . In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com).

Newtek ^® , NewtekOne ^® , Newtek Bank ^® , National Association, Your Business Solutions Company ^® , One Solution for All Your Business Needs ^® and Newtek Advantage are registered trademarks of NewtekOne, Inc.

Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.

SOURCE: NewtekOne, Inc.

Investor Relations & Public Relations
Contact: Bryce Rowe
Telephone: (212) 273-8292 / [email protected]