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Upturn AI SWOT - About
NewtekOne Inc. 8.00% Fixed Rate Senior Notes due 2028 (NEWTI)
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Upturn Advisory Summary
06/06/2024: NEWTI (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit 6.24% | Avg. Invested days 151 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 06/06/2024 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 426.24M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 22.10 - 25.80 | Updated Date 06/10/2024 |
52 Weeks Range 22.10 - 25.80 | Updated Date 06/10/2024 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
NewtekOne Inc. 8.00% Fixed Rate Senior Notes due 2028
Company Overview
History and Background
These are notes issued by NewtekOne, Inc. (formerly Newtek Business Services Corp.). NewtekOne was founded in 1998. It transitioned from a business development company (BDC) to a financial holding company in January 2023. The Senior Notes due 2028 represent debt obligations of the company.
Core Business Areas
- Newtek Bank: Provides commercial lending, deposit accounts, and treasury management services.
- Newtek Insurance Agency: Offers a range of business and personal insurance products.
- Newtek Merchant Solutions: Provides payment processing and other merchant services.
- Small Business Lending: Originates and services small business loans.
Leadership and Structure
Barry Sloane is the Chairman, President and Chief Executive Officer of NewtekOne, Inc. The company operates with a hierarchical structure, with executive leadership overseeing various business segments.
Top Products and Market Share
Key Offerings
- Small Business Loans (SBA 7(a) and non-SBA): Newtek originates and services small business loans. The market share fluctuates based on SBA lending volumes and competition. Competitors include traditional banks like JPMorgan Chase (JPM) and Bank of America (BAC), as well as other non-bank lenders.
- Payment Processing: Newtek provides merchant solutions and payment processing services. The market is highly competitive with players like Fiserv (FI), Global Payments (GPN), and Block (SQ).
- Insurance Services: Offers business and personal insurance. Competitors include major insurance brokers like Marsh & McLennan (MMC) and Aon (AON).
Market Dynamics
Industry Overview
The financial services industry is undergoing rapid digital transformation, increasing regulation, and fluctuating interest rates. Small business lending is influenced by economic conditions and government policies.
Positioning
NewtekOne positions itself as a provider of integrated financial and business solutions for small and medium-sized businesses (SMBs). It aims to offer a comprehensive suite of services to attract and retain clients.
Total Addressable Market (TAM)
The TAM for SMB lending, payment processing, and insurance is multi-billion dollar. NewtekOne's positioning in this TAM depends on its ability to scale its operations and effectively compete with larger players. Specific TAM estimates are dependent on market research reports and are not available without access to external resources.
Upturn SWOT Analysis
Strengths
- Diversified revenue streams
- Integrated service offerings
- Established network of referral partners
- Experienced management team in small business finance
- Transition to financial holding company
Weaknesses
- Reliance on SBA lending programs
- Exposure to credit risk in lending portfolio
- Smaller scale compared to larger competitors
- Relatively new bank charter operations
Opportunities
- Expanding into new geographic markets
- Developing new digital financial products
- Acquiring complementary businesses
- Leveraging fintech advancements
Threats
- Increased competition from fintech companies
- Changes in government regulations affecting lending
- Economic downturn impacting loan performance
- Rising interest rates
Competitors and Market Share
Key Competitors
- Bank of America (BAC)
- JPMorgan Chase (JPM)
- Fiserv (FI)
- Global Payments (GPN)
Competitive Landscape
NewtekOne's competitive advantage lies in its integrated service model and focus on SMBs. Disadvantages include smaller scale and reliance on specific lending programs.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is based on revenue and earnings growth rates over the past several years. Specific data is required.
Future Projections: Analyst estimates for future growth are typically found on financial news websites and broker reports. It depends on market conditions and company strategy execution.
Recent Initiatives: Recent initiatives include the transition to a financial holding company and the launch of Newtek Bank.
Summary
NewtekOne, with its transition to a financial holding company and launch of Newtek Bank, shows potential for integrated SMB solutions. However, its smaller scale compared to major competitors and reliance on specific lending programs present challenges. Strategic execution in expanding market reach and developing innovative financial products will be critical for future growth. NewtekOne needs to keep a close eye on changes in government regulations and the overall economic climate. Credit risk in its lending portfolio is also a key area of concern.
Peer Comparison
Sources and Disclaimers
Data Sources:
- NewtekOne, Inc. SEC Filings (10-K, 10-Q)
- Company Website
- Financial News Articles
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data is subject to change. Analyst estimates are projections and are not guaranteed.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NewtekOne Inc. 8.00% Fixed Rate Senior Notes due 2028
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2018-02-22 | CEO - | ||
Sector Other | Industry Other | Full time employees 162 | Website |
Full time employees 162 | Website | ||
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services; Accounts Receivable Financing, and The Secure Gateway. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance
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