NewtekOne Files 8-K on Financials
Ticker: NEWTH · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1587987
| Field | Detail |
|---|---|
| Company | Newtekone, Inc. (NEWTH) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.02, $1.0 Billion, $884 Million |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k, company-update
TL;DR
NewtekOne dropped an 8-K detailing its financial condition and results of operations.
AI Summary
NewtekOne, Inc. filed an 8-K on January 6, 2025, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the company's financial performance. The company 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 health and operational performance, impacting 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
- January 6, 2025 (date) — Date of Report
- September 30, 2013 (date) — Date of Name Change
FAQ
What specific financial information is being reported in this 8-K filing?
The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits'.
When was this 8-K report filed?
The report was filed on January 6, 2025.
What was NewtekOne, Inc. previously known as?
The company was formerly known as Newtek Business Services Corp.
On what date did the company change its name?
The date of the name change was September 30, 2013.
What is the primary purpose of this 8-K filing?
The primary purpose is to report on the company's results of operations and financial condition.
Filing Stats: 683 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2025-01-06 16:19:12
Key Financial Figures
- $0.02 — ich registered Common Stock, par value $0.02 per share NEWT Nasdaq Global Market LLC
- $1.0 Billion — titled, "Newtek Bank, N.A. Reaches over $1.0 Billion of Deposits; Grows Total Deposits by $8
- $884 Million — on of Deposits; Grows Total Deposits by $884 Million in its First Two Years of Operations."
Filing Documents
- newt-20250106.htm (8-K) — 31KB
- depositspressrelease.htm (EX-99.01) — 11KB
- depositspressrelease001.jpg (GRAPHIC) — 181KB
- depositspressrelease002.jpg (GRAPHIC) — 256KB
- depositspressrelease003.jpg (GRAPHIC) — 187KB
- depositspressrelease004.jpg (GRAPHIC) — 122KB
- 0001587987-25-000010.txt ( ) — 1264KB
- newt-20250106.xsd (EX-101.SCH) — 4KB
- newt-20250106_def.xml (EX-101.DEF) — 17KB
- newt-20250106_lab.xml (EX-101.LAB) — 32KB
- newt-20250106_pre.xml (EX-101.PRE) — 18KB
- newt-20250106_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 January 6, 2025, the Company issued a press release entitled, "Newtek Bank, N.A. Reaches over $1.0 Billion of Deposits; Grows Total Deposits by $884 Million in its First Two Years of Operations." 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 January 6, 2025
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: January 6, 2025 By: /S/ B ARRY S LOANE Barry Sloane Chief Executive Officer, President and Chairman of the Board