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Newtek Business Services Corp (NEWT.OQ)

NEWT.OQ on NASDAQ Stock Exchange Global Market

17.66USD
24 May 2017
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$-0.16 (-0.90%)
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Latest Key Developments (Source: Significant Developments)

Newtek Small Business Finance increases Capital One revolving credit facility to $100 mln
Monday, 15 May 2017 09:00am EDT 

May 15 (Reuters) - Newtek Business Services Corp :Newtek Small Business Finance, LLC increases Capital One revolving credit facility to $100.0 million.Newtek Business Services Corp - term of the loan has been extended three years, through May 2020.Newtek Business Services- Newtek Small Business Finance, LLC increased its existing revolving credit facility by $50.0 million to $100.0 million.Newtek Business Services Corp - concurrent with line increase, NSBF received a reduction in interest rate from its present facility of 1.125%.  Full Article

Newtek Business Services reports net investment loss per share of $0.13
Thursday, 4 May 2017 09:00am EDT 

May 4 (Reuters) - Newtek Business Services Corp :Reports first quarter 2017 financial results.Net asset value ("nav") of $246.4 million, or $14.31 per share, at March 31, 2017.Forecast paying an annual cash dividend of $1.57 per share in 2017, representing a 2.6 pct increase over 2016 annual dividend.Qtrly net investment loss per share $0.13.Adjusted net investment income of $6.5 million, or $0.40 per share for three months ended March 31, 2017.  Full Article

Newtek Business Services Corp declares Q1 cash dividend of $0.36 per share
Monday, 6 Mar 2017 04:10pm EST 

Newtek Business Services Corp : Newtek Business Services Corp - its board of directors declared a Q1 cash dividend of $0.36 per share . Newtek business services corp - cash dividend of $0.36 per share, is an increase over dividend of $0.35 per share for q1 of 2016 .Newtek business services corp - reaffirms its forecast of paying an annual cash dividend of $1.57 per share in 2017.  Full Article

Newtek Business Services forecasts annual div of $1.57 per share in 2017
Monday, 6 Mar 2017 04:10pm EST 

Newtek Business Services Corp : Newtek Business Services Corp. Reports full year 2016 financial results . Newtek Business Services Corp - anticipate funding approximately $400 million in sba 7(a) and sba 504 loans in 2017 . Newtek Business Services Corp - net asset value of $209.1 million, or $14.30 per share, at december 31, 2016 . Newtek business services corp - forecasts paying an annual cash dividend of $1.57 per share in 2017 . Newtek Business Services - expect 2017 annual dividend to maintain similar tax attributes as in 2016 in accordance with structure of our business model . Newtek Business Services - expect 2017 annual dividend to maintain similar tax attributes as in 2016 in accordance with structure of business model .Newtek Business Services Corp - reaffirm dividend forecast for 2017 of $1.57 per share, which represents a 2.6% increase over 2016 annual dividend.  Full Article

NEWTEK BUSINESS SERVICES PRICES PUBLIC OFFERING OF COMMON STOCK
Wednesday, 25 Jan 2017 09:58am EST 

Newtek Business Services Corp : NEWTEK BUSINESS SERVICES CORP. PRICES PUBLIC OFFERING OF 2,250,000 SHARES OF COMMON STOCK .SAYS OFFERING OF 2.25 MILLION COMMON SHARES PRICED AT $15.25PER SHARE.  Full Article

CEO Barry Sloane reports 6.83 pct stake in Newtek Business Services as of Dec 31, 2016 - SEC filing
Friday, 13 Jan 2017 10:39am EST 

Newtek Business Services Corp - :CEO Barry Sloane reports 6.83 percent stake in Newtek Business Services Corp as of Dec 31, 2016 - SEC filing.  Full Article

Newtek Business Services reports stock repurchase program
Monday, 21 Nov 2016 09:10am EST 

Newtek Business Services Corp : Newtek Business Services Corp - board approved a repurchase program under which company may repurchase up to 200,000 shares of its common stock . Newtek Business Services Corp - expects to finance repurchases with existing capital . Company anticipates that termination date for this new repurchase program will be on May 21, 2017 .Newtek Business Services Corp. announces stock repurchase program.  Full Article

Newtek Business Services posts Q2 net investment loss $0.28/shr
Monday, 8 Aug 2016 04:10pm EDT 

Newtek Business Services Corp : Newtek Business Services Corp reports second quarter 2016 financial results . Net asset value $14.11 per share, at June 30, 2016, compared to $14.06 per share, at December 31, 2015 . Increased 2016 annual cash dividend forecast to approximately $22.2 million, or 1.53 per share .Newtek Business Services Corp qtrly net investment loss per share $0.28.  Full Article

Newtek Business Services Corp Acquires Banc-Serv Partners, LLC
Wednesday, 29 Jun 2016 02:47pm EDT 

Newtek Business Services Corp : Newtek will retain banc-serv's management team as part of terms of acquisition .Newtek Business Services Corp. acquires Banc-Serv Partners, LLC.  Full Article

Newtek Business Services declares Q2 dividend of $0.35/shr
Thursday, 9 Jun 2016 02:10pm EDT 

Newtek Business Services Corp: Newtek declares Q2 dividend of $0.35 per share .Reconfirming its full year 2016 dividend forecast of $22.0 million, or $1.52 per share.  Full Article

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BRIEF-Newtek Small Business Finance increases Capital One revolving credit facility to $100 mln

* Newtek Small Business Finance, LLC increases Capital One revolving credit facility to $100.0 million