NewtekOne Files 8-K on Financials
Ticker: NEWTH · Form: 8-K · Filed: Dec 6, 2024 · CIK: 1587987
| Field | Detail |
|---|---|
| Company | Newtekone, Inc. (NEWTH) |
| Form Type | 8-K |
| Filed Date | Dec 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.02, $1.4 Billion, $1.9 Billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K
TL;DR
NewtekOne dropped its 8-K detailing financial results and exhibits.
AI Summary
NewtekOne, Inc. filed an 8-K on December 6, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's fiscal year end of December 31st. NewtekOne, Inc. was formerly known as Newtek Business Services Corp. until September 30, 2013.
Why It Matters
This filing provides investors with crucial updates on NewtekOne's financial performance and condition, which can influence investment decisions.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not indicate any immediate or significant risks.
Key Players & Entities
- NewtekOne, Inc. (company) — Filer
- Newtek Business Services Corp. (company) — Former Company Name
- December 6, 2024 (date) — Filing Date
- December 31 (date) — Fiscal Year End
FAQ
What is the primary purpose of this 8-K filing for NewtekOne, Inc.?
The primary purpose of this 8-K filing is to report on NewtekOne, Inc.'s results of operations and financial condition, and to provide financial statements and exhibits.
When was NewtekOne, Inc. formerly known by another name?
NewtekOne, Inc. was formerly known as Newtek Business Services Corp. until September 30, 2013.
What is NewtekOne, Inc.'s fiscal year end?
NewtekOne, Inc.'s fiscal year ends on December 31.
On what date was this 8-K filing submitted?
This 8-K filing was submitted on December 6, 2024.
What is the state of incorporation for NewtekOne, Inc.?
NewtekOne, Inc. is incorporated in Maryland.
Filing Stats: 682 words · 3 min read · ~2 pages · Grade level 10.4 · Accepted 2024-12-06 16:34:28
Key Financial Figures
- $0.02 — ich registered Common Stock, par value $0.02 per share NEWT Nasdaq Global Market LLC
- $1.4 Billion — nc. Forecasts Originating Approximately $1.4 Billion in Business Loans in 2024; In 2025, New
- $1.9 Billion — nc. Forecasts Originating Approximately $1.9 Billion in Business Loans." A copy of the Press
Filing Documents
- newt-20241206.htm (8-K) — 31KB
- originationforecastdecem.htm (EX-99.1) — 13KB
- originationforecastdecem001.jpg (GRAPHIC) — 178KB
- originationforecastdecem002.jpg (GRAPHIC) — 176KB
- originationforecastdecem003.jpg (GRAPHIC) — 224KB
- originationforecastdecem004.jpg (GRAPHIC) — 165KB
- originationforecastdecem005.jpg (GRAPHIC) — 100KB
- 0001587987-24-000243.txt ( ) — 1401KB
- newt-20241206.xsd (EX-101.SCH) — 4KB
- newt-20241206_def.xml (EX-101.DEF) — 17KB
- newt-20241206_lab.xml (EX-101.LAB) — 32KB
- newt-20241206_pre.xml (EX-101.PRE) — 18KB
- newt-20241206_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 December 6, 2024 the Company issued a press release entitled, "NewtekOne, Inc. Forecasts Originating Approximately $1.4 Billion in Business Loans in 2024; In 2025, NewtekOne, Inc. Forecasts Originating Approximately $1.9 Billion in Business Loans." 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 not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any registration statement pursuant to the Securities Act of 1933, 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 December 6, 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: December 6, 2024 By: /S/ B ARRY S LOANE Barry Sloane Chief Executive Officer, President and Chairman of the Board