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Newtek Business Services Inc (NEWT) USD0.02

Sell:$22.00 Buy:$23.10 Change: $0.12 (0.53%)
NASDAQ:3.00%
Market closed |  Prices as at close on 23 August 2019 | Switch to live prices |
Sell:$22.00
Buy:$23.10
Change: $0.12 (0.53%)
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
Market closed |  Prices as at close on 23 August 2019 | Switch to live prices |
Sell:$22.00
Buy:$23.10
Change: $0.12 (0.53%)
Market closed |  Prices as at close on 23 August 2019 | Switch to live prices |
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Newtek Business Services Corp. is an internally managed non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation primarily through loans originated by its small business finance platform and its equity investments in certain portfolio companies that it controls. The Company is a national non-bank lender that provides, together with its controlled portfolio companies, a range of business services and financial products under the Newtek brand to the small and medium-sized business (SMB) market. The Company issues debt and makes equity investments in portfolio companies in various industries. Its products and services include Business Lending including the United States Small Business Administration (SBA) 7(a) and 504 lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), Data Backup, and Payroll and Benefits Solutions to SMB accounts across all industries.

Contact details

Address:
1981 Marcus Ave Ste 130
NEW HYDE PARK
11042-2060
United States
Telephone:
+1 (212) 3569500
Website:
https://www.newtekone.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
NEWT
ISIN:
US6525262035
Market cap:
$429.23 million
Shares in issue:
19.16 million
Sector:
Asset Management & Custody Banks
Exchange:
NASDAQ
Country:
United States
Currency:
US dollar
Indices:
NASDAQ Comb. Composite

Key personnel

  • Barry Sloane
    President, Chief Executive Officer, Director
  • Craig Brunet
    Executive Vice President, Chief Information Officer
  • Matthew Ash
    Former Executive Vice President, former Chief Compliance Officer
  • Brian Moon
    Treasurer and Senior Vice President - Corporate Development
  • Christopher Towers
    Chief Accounting Officer
  • Michael Schwartz
    Chief Compliance Officer, Chief Legal Officer and Secretary
  • Dean Choksi
    Vice President - Finance, Treasurer
  • James DeSantis
    Director of Credit Operations
  • Peter Downs
    Chief Lending Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.
Deal now Deal for just £11.95 per trade in a ISA, Lifetime ISA, SIPP or Fund & Share Account

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.