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Security Profile
- Security Type
- Bank Holding Company
- CUSIP
- 652526203 (prev. 652526104 )
- Market Cap
- Small Cap
- Previous Symbol
- NKBS (changed 10/16/2006)
- Previous Name
- Newtek Business Services Corp.
Business: Newtek Business Services, Inc. is an internally managed business development company, which along with its controlled portfolio companies, provides a wide range of business services and financial products under the Newtek brand to the small- and medium-sized business (SMB) market. Newtek's products and services include: Business Lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), eCommerce, Accounts Receivable Financing, The Secure Gateway, The Newtek Advantage™, Insurance Services, Web Services, Data Backup, Storage and Retrieval and Payroll. The Small Business Authority is a registered trademark of Newtek Business Services Corp.
Notes: January 6th, 20223-- Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) announced that on January 6, 2023, it completed its acquisition of the National Bank of New York City (“NBNYC”), a 59-year-old national bank regulated and supervised by the Office of the Comptroller of the Currency, and converted to a financial holding company. NBNYC has been renamed Newtek Bank, National Association™ (“Newtek Bank, N.A.”) and has become a wholly owned subsidiary of the Company. In addition, Newtek has filed with the Securities and Exchange Commission its notification of withdrawal of election to be subject to the Investment Company Act of 1940, and has ceased to be a business development company as of January 6, 2023. Within the next two weeks, Newtek will change its name from Newtek Business Services Corp. to NewtekOne, Inc <p> October 22, 2014 -- Newtek Business Services, Inc. NASDAQ: NEWT, announced today the results of the voting by its shareholders, gave their approval to proceed with the Company’s conversion to a business development company (BDC) In addition, the shareholders also approved the proposed reverse split of the Company’s shares. Board of Directors met and approved a reverse split ratio of one new share for each five (1:5) of the Company’s current common shares. The reverse split will be effective as of the close of business today,
Company Contact
- CEO
- Barry Sloane
- CFO
- M. Scott Price
- Headquarters
- 4800 T Rex Avenue, Suite 120, Boca Raton, FL 33431
- Phone
- 212-356-9500 · Toll-Free 855-284-3722
- Investor Relations
- Jayne Cavuoto · 212-273-8179 · jcavuoto@newtekone.com