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Last $19.31 USD
Change Today +0.14 / 0.73%
Volume 12.7K
NEWT On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 11:11 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

newtek business services cor (NEWT) Snapshot

Open
$19.28
Previous Close
$19.17
Day High
$19.31
Day Low
$19.10
52 Week High
03/25/15 - $19.95
52 Week Low
08/4/14 - $11.30
Market Cap
199.4M
Average Volume 10 Days
64.3K
EPS TTM
$1.05
Shares Outstanding
10.3M
EX-Date
06/25/15
P/E TM
18.4x
Dividend
$1.88
Dividend Yield
4.49%
Current Stock Chart for NEWTEK BUSINESS SERVICES COR (NEWT)

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newtek business services cor (NEWT) Details

Newtek Business Services Corp., a business development company, provides financial and business services to the small-and medium-sized business market in the United States and internationally. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, All Other, and Capcos segments. The company originates small business administration loans for the purpose of acquiring commercial real estate, machinery, equipment, and inventory, as well as to refinance debt and fund franchises, working capital, and business acquisitions; and offers small business loan servicing and consulting services to the Federal Deposit Insurance Corporation and various other financial institutions, as well as provides accounts receivable financing and management services. Its electronic payment processing services include credit and debit card processing, check approval, and ancillary processing equipment and software to merchants. The company also provides Website, dedicated server, and cloud hosting services; Web design and development; Internet marketing; data storage and backup and other related services; and ecommerce services, such as payment processing, online shopping cart tools, Website design and Web related services. In addition, it offers Newtek Advantage, a mobile, real-time operating platform enabling a business to access data on a smartphone, tablet, laptop, or PC for eCommerce, credit/debit transactions, Website statistics, payroll, insurance, and business loans. Further, the company sells personal, commercial, and health/benefits lines of insurance products; and payroll management processing and employee tax filing services. It has strategic alliances with American International Group, CTAA, Navy Federal Credit Union, Credit Union National Association, Pershing, and others to provide agent services to small business clients. The company was founded in 1998 and is headquartered in New York, New York.

329 Employees
Last Reported Date: 03/31/15
Founded in 1998

newtek business services cor (NEWT) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $500.0K
Chief Lending Officer, Director and President...
Total Annual Compensation: $375.0K
Chief Accounting Officer, Executive Vice Pres...
Total Annual Compensation: $330.0K
Chief Compliance Officer and Executive Vice P...
Total Annual Compensation: $288.0K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $230.0K
Compensation as of Fiscal Year 2014.

newtek business services cor (NEWT) Key Developments

Newtek Business Services Seeks Acquisitions

Newtek Business Services Corp. (NasdaqCM:NEWT) is seeking acquisitions. Newtek Business will use part of $38 million four year term loan with Goldman Sachs for potential future acquisitions.

Newtek Business Services Corp. Declares Cash Dividend for the Second Quarter of 2015, Payable on July 15, 2015

Newtek Business Services Corp. announced that its board of directors declared a cash dividend of $0.47 per share for the second quarter of 2015, an increase from the first quarter dividend of $0.39 per share. The dividend will be payable on July 15, 2015 to shareholders of record as of June 29, 2015.

Newtek Business Services Corp. Presents at Marcum Microcap Conference 2015, May-28-2015 09:00 AM

Newtek Business Services Corp. Presents at Marcum Microcap Conference 2015, May-28-2015 09:00 AM. Venue: Grand Hyatt New York, Park Avenue at Grand Central, New York, NY 10017, United States. Speakers: Barry Sloane, Chairman, Chief Executive Officer and President.

 

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NEWT:US $19.31 USD +0.14

NEWT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Calpian Inc $0.60 USD 0.00
Global Payments Inc $109.20 USD +7.03
Heartland Payment Systems Inc $55.54 USD +0.93
LendingClub Corp $14.43 USD +0.08
On Deck Capital Inc $11.84 USD -0.20
View Industry Companies
 

Industry Analysis

NEWT

Industry Average

Valuation NEWT Industry Range
Price/Earnings 12.5x
Price/Sales 2.0x
Price/Book 1.2x
Price/Cash Flow 13.2x
TEV/Sales 0.6x
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