Select Page

NewtekOne, Inc. (Nasdaq:NEWT) is a comprehensive financial holding company that offers a variety of business and financial solutions tailored to small- and medium-sized businesses. These solutions encompass a broad range of services, including banking, SBA lending, electronic payment processing, ecommerce, inventory and accounts receivable financing, insurance, web services, and payroll and benefits solutions. In addition, NewtekOne provides technology solutions, such as cloud computing, data backup, storage, retrieval, and IT consulting. With a focus on serving the needs of its customers, NewtekOne has already serviced over 2.2 million businesses and holds approximately USD 1 billion in assets on its books.

Comps: Gladstone Investment Corporation (Nasdaq:GAIN), TriplePoint Venture Growth BDC Corp. (NYSE:TPVG)

When compared to other asset management firms, NewtekOne has impressive revenue and a high yield of 5.8%. In addition, it outperforms TriplePoint Venture Growth BDC Corp. in several key areas, including earnings per share, price-to-earnings ratio, profit margin, return on equity, and net income. While the yield is not as strong as TriplePoint Venture Growth BDC Corp., the margins and yield are healthy.