NEWT on Nasdaq
NewtekOne, Inc.
American national commercial bank based in Baltimore, incorporated in Maryland. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
- TickerNEWT on Nasdaq2
- IndustryNational Commercial Banks2
- HeadquartersBaltimore, United States2
- Incorporated inMD3
- Business address4800 T Rex Avenue, Suite 120, Boca Raton, Fl 334313
- Filer categoryAccelerated filer3
- Legal formStock Corporation2
- LEI549300YLU78IA8GKJ6882
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O CSC-LAWYERS INCORPORATING SERVICE COMPANY, 21202 Baltimore, United States2
- Registered withBusiness Services (Maryland Department of Assessments and Taxation), D154190962
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We are a financial holding company subject to the regulation and supervision of the Federal Reserve and the Federal Reserve Bank of Atlanta that, together with our consolidated subsidiaries, provides a wide range of business and financial solutions under the Newtek ® and NewtekOne ® brands to the independent business owner (SMB) market.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Interest | $20.5M5 | $26.3M5 | $67.7M5 | ||||
| Income tax | $1.3M5 | $6.5M6 | -$2.0M7 | $17.8M7 | $19.5M7 | ||
| Net income | $84.1M5 | $32.3M6 | $47.3M7 | $50.9M7 | $60.5M7 | ||
| Earnings per share | $3.695 | $1.346 | $1.897 | $1.977 | $2.217 | ||
| Earnings per share (diluted) | $3.695 | $1.346 | $1.887 | $1.967 | $2.187 | ||
| Shares (weighted, basic) | 22.8M shares5 | 24.2M shares6 | 24.3M shares7 | 24.9M shares7 | 26.3M shares7 | ||
| Shares (weighted, diluted) | 22.8M shares5 | 24.2M shares6 | 24.3M shares7 | 25.2M shares7 | 26.7M shares7 |
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Cash | $51.4M5 | $186.9M6 | $125.6M7 | $184.0M7 | $381.4M7 | $310.3M7 | |
| Goodwill | $05 | $25.9M6 | $14.1M7 | $14.1M7 | |||
| Intangible assets | $05 | $4.2M6 | $667.0K6 | $512.0K7 | |||
| Total assets | $998.9M5 | $1.4B7 | $2.1B7 | $2.7B7 | |||
| Long-term debt | $539.3M5 | $644.1M6 | $708.0M7 | $819.9M7 | |||
| Total liabilities | $623.5M5 | $1.2B6 | $1.8B7 | $2.3B7 | |||
| Retained earnings | $20.6M5 | $28.1M6 | $57.8M7 | $95.0M7 | |||
| Shareholders’ equity | $403.9M6 | $375.4M6 | $249.0M7 | $296.3M7 | $397.6M7 | ||
| Shares outstanding | 24.6M shares5 | 24.7M shares6 | 26.3M shares7 | 28.7M shares7 | 28.8M shares7 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $140.9M5 | -$62.4M6 | -$169.2M7 | -$153.0M7 | -$579.2M7 | ||
| Depreciation and amortization | $304.0K5 | $239.0K6 | $2.9M7 | $1.8M7 | $668.0K7 | ||
| Stock-based compensation | $05 | $06 | $2.8M7 | $4.1M7 | $4.1M7 | ||
| Capital spending | $05 | $11.0K6 | $458.0K7 | $439.0K7 | $106.0K7 | ||
| Free cash flow | $140.9M | -$62.4M | -$169.7M | -$153.5M | -$579.3M | ||
| Cash from investing | $05 | -$11.0K6 | -$172.2M7 | -$209.1M7 | -$245.3M7 | ||
| Dividends paid | $70.1M5 | $64.5M6 | $14.1M7 | $20.3M7 | $28.0M7 | ||
| Share buybacks | $06 | $07 | $402.0K7 | $07 | |||
| Cash from financing | -$5.5M5 | $1.2M6 | $345.0M7 | $560.9M7 | $753.5M7 | ||
| Dividend per share | $0.727 | $0.767 | $0.767 |
Leadership
Who has led NewtekOne, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
- PresidentPeter Mathison Downs May 15, 2025 to now10
- PresidentNicolas Young Jan 24, 2023 to May 15, 202511
- PresidentCraig Jeffry Brunet Nov 14, 2014 to Aug 19, 201512
- Chief financial officerFrank M. Demaria May 19, 2025 to now13
- Chief financial officerMichael Scott Price May 22, 2023 to May 19, 202514
Board members and other officers (23)
- EVP, Chief Accounting OfficerFrank M. Demaria Apr 3, 2024 to now15
- Chief Administrative OfficerHalli Razon-Feingold Jan 18, 2023 to now16
- Chief Accounting OfficerNicholas J. Leger Feb 5, 2021 to Feb 9, 202417
- Chief Risk OfficerNicolas Young Aug 17, 2021 to Aug 8, 202218
- Chief Accounting OfficerChristopher Towers May 8, 2019 to Mar 11, 202119
- Chief Lending OfficerPeter Mathison Downs Jan 19, 2016 to now20
- TreasurerDean Choksi Jan 21, 2016 to Jan 21, 201621
- Chief Info. Security OfficerJohn Raven Jan 21, 2016 to Jan 16, 201822
- Chief Information OfficerNilesh Joshi Apr 18, 2016 to Mar 22, 201723
- Principal Financial OfficerJennifer Catherine Eddelson Nov 14, 2014 to Jan 29, 201924
- Chief Risk, Chief ComplianceSusan Elizabeth Streich Nov 17, 2014 to Nov 17, 201425
- Board memberThomas David Cestare Feb 20, 2026 to now26
- Board memberCraig Jeffry Brunet Nov 7, 2024 to now27
- Board memberFernando Perez-Hickman Oct 6, 2021 to now28
- Board memberHalli Razon-Feingold Oct 6, 2021 to now29
- Board memberGregory L. Zink Mar 31, 2017 to now30
- Board memberRichard J. Salute Nov 16, 2015 to now31
- Board memberDavid C. Beck Nov 14, 2014 to Jan 28, 201532
- Board memberSalvatore Francis Mulia Nov 14, 2014 to now33
- Board memberSam Kirschner Nov 14, 2014 to Mar 24, 201734
- Board memberPeter Mathison Downs Nov 17, 2014 to now35
- General counselMichael Adam Schwartz Jan 9, 2015 to now36
- General counselMatthew Gordon Ash Nov 14, 2014 to Nov 14, 201437
Former names
- Newtek Business Services Corp.Oct 1, 2013 to Jan 13, 20233
Timeline
- Aug 26, 2013Founded NewtekOne, Inc. is founded2
Filings
480 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 141 major events, 198 insider forms, 11 large holders, 110 other. The latest 20:
- Sep 14, 20268-K EDGAR
- Aug 14, 20268-K EDGAR
- Aug 10, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 21, 2026EFFECT EDGAR
- Jul 17, 2026CORRESP EDGAR
- Jul 17, 2026S-3/A EDGAR
- Jul 2, 2026UPLOAD EDGAR
- Jun 25, 2026S-3 EDGAR
- Jun 25, 20264 EDGAR
- Jun 18, 20264 EDGAR
- Jun 18, 20264 EDGAR
- Jun 18, 20264 EDGAR
- Jun 18, 20264 EDGAR
- Jun 16, 20264 EDGAR
- Jun 15, 20268-K EDGAR
- Jun 15, 20264 EDGAR
- Jun 15, 20264 EDGAR
- Jun 12, 20268-K EDGAR
- Jun 4, 20264 EDGAR
The 480 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
262 open-market trades by officers, directors and large owners since October 2021: 248 buys and 14 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jun 15, 2026 | SLOANE BARRYPresident, Chairman & CEO | Buy | 5,000 | $14.20 | $71.0K | Form 4 |
| Jun 15, 2026 | DeMaria Frank MCheif Financial Officer | Buy | 500 | $13.92 | $7.0K | Form 4 |
| Jun 15, 2026 | SLOANE BARRYPresident, Chairman & CEO | Buy | 11,000 | $14.21 | $156.3K | Form 4 |
| Jun 3, 2026 | Brunet Craig JeffryDirector | Buy | 1,000 | $12.70 | $12.7K | Form 4 |
| May 26, 2026 | Downs Peter MathisonPresident, Newtek Bank | Buy | 737 | $13.56 | $10.0K | Form 4 |
| May 15, 2026 | Brunet Craig JeffryDirector | Buy | 330 | $12.72 | $4.2K | Form 4 |
| May 8, 2026 | Zink Gregory LDirector | Buy | 1,000 | $13.87 | $13.9K | Form 4 |
| May 7, 2026 | SALUTE RICHARD JDirector | Buy | 1,000 | $13.47 | $13.5K | Form 4 |
| Jan 14, 2026 | Razon-Feingold HalliSVP, Human Resources & CAO | Buy | 1,258 | $13.91 | $17.5K | Form 4 |
| Jan 14, 2026 | Schwartz Michael AdamChief Legal Officer | Buy | 2,247 | $13.91 | $31.3K | Form 4 |
| Jan 14, 2026 | DeMaria Frank MCheif Financial Officer | Buy | 1,556 | $13.91 | $21.6K | Form 4 |
| Jan 14, 2026 | SLOANE BARRYPresident, Chairman & CEO | Buy | 3,595 | $13.91 | $50.0K | Form 4 |
| Dec 31, 2025 | Brunet Craig JeffryDirector | Buy | 25 | $11.40 | $285 | Form 4 |
| Dec 15, 2025 | Zink Gregory LDirector | Buy | 500 | $12.06 | $6.0K | Form 4 |
| Dec 8, 2025 | SALUTE RICHARD JDirector | Buy | 900 | $11.28 | $10.2K | Form 4 |
| Dec 5, 2025 | Brunet Craig JeffryDirector | Buy | 789 | $11.31 | $8.9K | Form 4 |
| Nov 3, 2025 | Zink Gregory LDirector | Buy | 1,000 | $10.43 | $10.4K | Form 4 |
| Nov 3, 2025 | SLOANE BARRYPresident, Chairman & CEO | Buy | 10,000 | $10.22 | $102.2K | Form 4 |
| Oct 24, 2025 | Zink Gregory LDirector | Buy | 40 | $11.05 | $442 | Form 4 |
| Oct 24, 2025 | Brunet Craig JeffryDirector | Buy | 58 | $11.00 | $638 | Form 4 |
All 262 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Feb 13, 2024 to Mar 27, 202638
- Patriot Financial Partners IV, L.P.SCHEDULE 13D, 1 filing Sep 22, 202539
- Barry SloaneSCHEDULE 13D/A, 1 filing Feb 11, 202540
- ROYCE & ASSOCIATES LPSC 13G/A, 2 filings Jan 24, 2024 to Oct 30, 202441
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 2,528,805 | $37.5M | 0.0% | +332,792 |
| Patriot Financial Partners GP II, L.P. | 2,307,692 | $34.2M | 8.7% | No change |
| Vanguard Capital Management LLC | 1,118,464 | $16.6M | 0.0% | −47,700 |
| Goldman Sachs Group Inc | 731,313 | $10.8M | 0.0% | +67,549 |
| Geode Capital Management, LLC | 703,047 | $10.4M | 0.0% | +45,701 |
| Aqr Capital Management LLC | 568,816 | $8.4M | 0.0% | +3,928 |
| State Street Corp | 539,672 | $8.1M | 0.0% | +21,970 |
| Marshall Wace, Llp | 536,051 | $7.9M | 0.0% | −88,152 |
| Royce & Associates LP | 337,544 | $5.0M | 0.0% | No change |
| Two Sigma Investments, LP | 332,802 | $4.9M | 0.0% | +93,644 |
| Connor, Clark & Lunn Investment Management Ltd. | 318,244 | $4.7M | 0.0% | +18,276 |
| Franklin Resources Inc | 312,014 | $4.6M | 0.0% | +58,021 |
| Morgan Stanley | 221,074 | $3.3M | 0.0% | −33,506 |
| Northern Trust Corp | 215,138 | $3.2M | 0.0% | +20,769 |
| Vanguard Portfolio Management LLC | 207,794 | $3.1M | 0.0% | +29,228 |
| Ameriprise Financial Inc | 202,166 | $3.0M | 0.0% | +67,985 |
| Vanguard Fiduciary Trust Co | 178,517 | $2.6M | 0.0% | +8,753 |
| Squarepoint Ops LLC | 173,340 | $2.6M | 0.0% | +11,533 |
| Tudor Investment Corp Et Al | 158,583 | $2.3M | 0.0% | +70,311 |
| North Reef Capital Management LP | 155,681 | $2.3M | 0.1% | −43,273 |
| Bank of New York Mellon Corp | 152,841 | $2.3M | 0.0% | +14,335 |
| Nuveen, LLC | 141,896 | $2.1M | 0.0% | −99,278 |
| Barrett & Company, Inc. | 129,618 | $1.9M | 0.5% | +18,703 |
| Trexquant Investment LP | 124,555 | $1.8M | 0.0% | −18,058 |
| Quantinno Capital Management LP | 120,632 | $1.8M | 0.0% | +40,089 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
6 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Sep 19, 2202 | Virginia FoxxRepublican, House | Buy | $1,001 - $15,000 | Report | |
| Sep 27, 2022 | Virginia FoxxRepublican, House | Sale | $15,001 - $50,000 | +142.7% | Report |
| Sep 20, 2022 | Virginia FoxxRepublican, House | Buy | $1,001 - $15,000 | −143.1% | Report |
| Sep 6, 2022 | Virginia FoxxRepublican, House | Buy | $1,001 - $15,000 | −144.7% | Report |
| Sep 1, 2022 | Virginia FoxxRepublican, House | Buy | $1,001 - $15,000 | −142.5% | Report |
| Aug 30, 2021 | Virginia FoxxRepublican, House | Buy | $1,001 - $15,000 | −132.2% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARNewtekOne, Inc. filings on SEC EDGAR
- 2
- 3SEC EDGARNewtekOne, Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARNewtekOne, Inc. 10-K for fiscal 2021
- 6SEC EDGARNewtekOne, Inc. 10-K for fiscal 2022
- 7SEC EDGARNewtekOne, Inc. 10-K for fiscal 2023
- 8SEC EDGARNewtekOne, Inc. 10-Q for fiscal 2026
- 9SEC EDGARNewtekOne, Inc. 10-Q for fiscal 2026
- 10SEC EDGARPeter Mathison Downs, President
- 11SEC EDGARNicolas Young, President
- 12SEC EDGARCraig Jeffry Brunet, President
- 13
- 14
- 15
- 16
- 17
- 18SEC EDGARNicolas Young, Chief Risk Officer
- 19
- 20
- 21SEC EDGARDean Choksi, Treasurer
- 22
- 23
- 24
- 25
- 26SEC EDGARThomas David Cestare, Board member
- 27SEC EDGARCraig Jeffry Brunet, Board member
- 28SEC EDGARFernando Perez-Hickman, Board member
- 29SEC EDGARHalli Razon-Feingold, Board member
- 30SEC EDGARGregory L. Zink, Board member
- 31SEC EDGARRichard J. Salute, Board member
- 32SEC EDGARDavid C. Beck, Board member
- 33
- 34SEC EDGARSam Kirschner, Board member
- 35SEC EDGARPeter Mathison Downs, Board member
- 36
- 37SEC EDGARMatthew Gordon Ash, General counsel
- 38
- 39
- 40
- 41