NewtekOne Files 8-K on Financials and Debt
Ticker: NEWTH · Form: 8-K · Filed: Aug 5, 2024 · CIK: 1587987
| Field | Detail |
|---|---|
| Company | Newtekone, Inc. (NEWTH) |
| Form Type | 8-K |
| Filed Date | Aug 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.02, $1.85, $2.05 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, debt, filing
TL;DR
NewtekOne dropped an 8-K detailing its financials and various debt notes due in 2026, 2028, and 2029.
AI Summary
NewtekOne, Inc. filed an 8-K on August 5, 2024, reporting on financial statements and exhibits. The filing includes details about its common stock par value, and various debt instruments including 5.50% Notes due 2026, 8.0% Notes due 2028, and 8.5% Notes due 2029.
Why It Matters
This filing provides investors with updated information on the company's financial structure and outstanding debt, which can impact its financial health and investment profile.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any immediate operational or financial distress.
Key Players & Entities
- NewtekOne, Inc. (company) — Filer of the 8-K report
- August 5, 2024 (date) — Date of the report
- 5.50% Notes due 2026 (dollar_amount) — Debt instrument mentioned in the filing
- 8.0% Notes due 2028 (dollar_amount) — Debt instrument mentioned in the filing
- 8.5% Notes due 2029 (dollar_amount) — Debt instrument mentioned in the filing
FAQ
What specific financial statements are included in this 8-K filing?
The filing states it includes 'Financial Statements and Exhibits' but does not detail the specific statements within the provided text.
What is the par value per share of NewtekOne's common stock?
The filing mentions 'CommonStockParValue002PerShareMember' but does not explicitly state the dollar amount in the provided text.
What is the principal executive office address for NewtekOne, Inc.?
The principal executive offices are located at 4800 T Rex Avenue, Suite 120, Boca Raton, Florida 33431.
What is the IRS Employer Identification Number for NewtekOne, Inc.?
The IRS Employer Identification Number is 46-3755188.
What was NewtekOne's former company name and when did the name change occur?
The former company name was Newtek Business Services Corp., and the name change date was September 30, 2013.
Filing Stats: 647 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-08-05 16:50:44
Key Financial Figures
- $0.02 — ich registered Common Stock, par value $0.02 per share NEWT Nasdaq Global Market LLC
- $1.85 — 2024 Annual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common S
- $2.05 — ual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common Share." A
Filing Documents
- newt-20240805.htm (8-K) — 30KB
- q22024earningsrelease.htm (EX-99.1) — 31KB
- q22024earningsrelease001.jpg (GRAPHIC) — 211KB
- q22024earningsrelease002.jpg (GRAPHIC) — 231KB
- q22024earningsrelease003.jpg (GRAPHIC) — 310KB
- q22024earningsrelease004.jpg (GRAPHIC) — 321KB
- q22024earningsrelease005.jpg (GRAPHIC) — 172KB
- q22024earningsrelease006.jpg (GRAPHIC) — 180KB
- q22024earningsrelease007.jpg (GRAPHIC) — 44KB
- q22024earningsrelease008.jpg (GRAPHIC) — 211KB
- q22024earningsrelease009.jpg (GRAPHIC) — 135KB
- q22024earningsrelease010.jpg (GRAPHIC) — 210KB
- q22024earningsrelease011.jpg (GRAPHIC) — 90KB
- 0001587987-24-000162.txt ( ) — 3167KB
- newt-20240805.xsd (EX-101.SCH) — 3KB
- newt-20240805_def.xml (EX-101.DEF) — 17KB
- newt-20240805_lab.xml (EX-101.LAB) — 31KB
- newt-20240805_pre.xml (EX-101.PRE) — 17KB
- newt-20240805_htm.xml (XML) — 6KB
Forward-Looking Statements
Forward-Looking Statements
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On August 5, 2024, NewtekOne issued a press release announcing "NewtekOne, Inc. Reports Second Quarter 2024 Financial Results; Newtek Bank, N.A. Demonstrates Loan and Deposit Growth; Maintains its 2024 Annual EPS Forecast in a Range of $1.85 to $2.05 per Basic and Diluted Common Share." A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this report shall be deemed "filed" for purposes of the Securities Exchange Act of 1934, as amended.
01 Financial Statement and Exhibits
Item 9.01 Financial Statement and Exhibits (d) Exhibits. Exhibit Number Description 99.1 NewtekOne, Inc. Press Release Dated August 5, 2024
SIGNATURES
SIGNATURES In accordance with the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NEWTEKONE, INC. Date: August 5, 2024 By: /S/ B ARRY S LOANE Barry Sloane Chief Executive Officer, President and Chairman of the Board