(NEWT) Newtek Business - Ratings and Ratios

NewtekOne, Inc. serves as the bank holding company for Newtek Bank, National Association, delivering a comprehensive suite of business and financial solutions tailored to small- and medium-sized enterprises (SMEs) under the Newtek brand. The company offers a range of deposit products, including demand, savings, NOW, money market, and time deposits, alongside a diverse portfolio of loans such as SBA 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 services, and cloud-based Point of Sale (POS) systems designed for specific industries like restaurants, retail, assisted living facilities, taxi cabs, parks, and golf courses.

Further, the company operates a wholesale brokerage insurance agency and offers payroll management services, including payment and tax reporting solutions, primarily targeting independent business owners. It also provides a broad spectrum of technology solutions, including website hosting, dedicated server hosting, cloud hosting, web design and development, internet marketing, e-commerce, data storage, backup, and disaster recovery services. These technology offerings are complemented by consulting services aimed at both enterprise clients and SMBs. Formerly known as Newtek Business Services Corp., the company rebranded as NewtekOne, Inc. in January 2023. Founded in 1998, NewtekOne is headquartered in Boca Raton, Florida.

Ticker Symbol: NEWT Exchange: NASDAQ Type: common stock Country Origin: United States GICS Sub Industry: Asset Management & Custody Banks

3-Month Forecast: Based on the provided and , NEWT is expected to maintain a stable price range. The SMA 20, 50, and 200 are tightly clustered around 12.77-12.82, indicating a sideways trend. The ATR of 0.39 suggests minimal volatility. The forward P/E of 6.38 and current P/E of 7.73 suggest potential upside, supported by a RoE of 16.29. The stock is likely to trade within a narrow range near its current price of 12.99, with potential for slight appreciation if market conditions improve.