Newtek Business Services Stock News

Achieves Record SBA 7(a) Loan Fundings of $198.0 Million in the Fourth Quarter and $560.6 Million for the Full Year 2021 Achieves Record SBA 7(a) Loan Fundings of $198.0 Million in the Fourth Quarter and $560.6 Million for the Full Year 2021

Growth stocks have gotten crushed in recent months, creating an opportunity to buy Live Oak Bancshares.

Newtek was previously a little known BDC with an exceedingly loyal following. But as of August, management's plans to reposition the company as a bank sent many investors diving for cover.

Newtek Business (NASDAQ:NEWT) declares $0.65/share quarterly dividend.Forward yield 9.95%Payable March 31; for shareholders of record March 21; ex-div March 18.See NEWT Dividend Scorecard,…

Newtek Firing On All Cylinders

Newtek Business Services Corp. (NASDAQ:NEWT)s share price gapped down before the market opened on Friday . The stock had previously closed at $29.92, but opened at $28.46. Newtek Business Services shares last traded at $27.68, with a volume of 2,614 shares. Separately, Zacks Investment Research upgraded shares of Newtek Business Services from a hold rating []

BDC Newtek Business Services (NEWT) as announced a partial call on their 5.75% notes due 2024 (NEWTL). They will call $40,000,000 worth of the bonds (1.6 million shares). The company had previous noted the planned call but here is the official announcement. The call date is 12/29/2021. The post Newtek Business Services Calls Baby Bonds first appeared on Innovative Income Investor .

BOCA RATON, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Newtek Business Services Corp .(Newtek or the Company), (NASDAQ: NEWT), an internally managed business development company (BDC), today announced that the Company has caused notices to be issued to the holders of its 5.75% Notes due 2024 (CUSIP No. 652526 609; NASDAQ: NEWTL) (the Notes) regarding the Companys exercise of its option to redeem $40,000,000 of the issued and outstanding Notes ($78,250,000 in aggregate principal amount outstanding) on December 29, 2021 (the Redemption Date). The Notes will be redeemed at 100% of their principal amount ($25 per Note), plus the accrued and unpaid interest thereon through, but excluding, the Redemption Date. A copy of the notice of redemption is attached to the Companys Current Report on Form 8-K as Exhibit 99.1 that was filed with the SEC on November 29, 2021, and can be accessed through the following link https://investor.newtekbusinessservices.com/node/16791/html .

October 24-December 3, 2021 readers mentioned 52 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are the ReFa/Ro.).

Newtek (NEWT) possesses solid growth attributes, which could help it handily outperform the market.

While lower rates and pre-payments hurt the Zacks SBIC & commercial finance industry players, robust economic growth, impressive asset quality, and regulatory changes will keep aiding Main Street Capi

Newtek Business Services Corp. (NEWT) CEO Barry Sloane on Q3 2021 Results - Earning Call Transcript

Newtek Business Services (NASDAQ:NEWT) is set to give its latest quarterly earnings report on Monday, 2021-11-08. Here's what investors need to know before the announcement.