NewtekOne Keeps Quarterly Dividend at $0.19 a Share, Payable Oct. 1 to Holders of Record Sept. 24
NewtekOne Keeps Quarterly Dividend at $0.19 a Share, Payable Oct. 1 to Holders of Record Sept. 24
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NewtekOne Keeps Quarterly Dividend at $0.19 a Share, Payable Oct. 1 to Holders of Record Sept. 24
NewtekOne (NEWT) shares fell 3% on Friday after the company lowered its EPS guidance for 2026 and 2027.The company said it now expects 2026 EPS of $1.70 to $1.80 compared with $2.15 to $2.55 earlier.Analysts polled by FactSet expect $2.10.It now expects 2027 EPS of $2.00 to $2.20 compared with $2.40 to $2.80 earlier. Analysts expect $2.30.The revised guidance reflects a decision to hold more guaranteed portions of SBA loans on the company's balance sheet, according to a statement.Price: $11.91, Change: $-0.41, Percent Change: -3.33%
NewtekOne (NEWT) said Tuesday it expanded its client service platform with Glia, adding unified voice capabilities and additional AI tools to its support infrastructure.The rollout incorporates Glia Voice to consolidate telephone support into an existing framework that includes chat, video and CoBrowsing functions.The company said the expanded platform adds real-time representative coaching, client sentiment analytics and agentic AI capabilities designed to process routine requests and route complex inquiries to company specialists.Price: $12.80, Change: $-0.03, Percent Change: -0.23%
NewtekOne (NEWT) and Payroc WorldAccess said Wednesday they have formed an alliance under which Payroc will incorporate certain of NewtekOne's financial products and services into its offerings.Payroc's alliance with NewtekOne will give the 190,000 merchants on its platform access to services like insurance and same-day payroll and to products like loans and debit cards, the companies said.Financial terms of the collaboration were not disclosed.Shares of NewtekOne were more than 5% lower in Wednesday trading.Price: $12.88, Change: $-0.76, Percent Change: -5.57%