Equities

Newtek Business Services Corp

Newtek Business Services Corp

Actions
  • Price (USD)11.39
  • Today's Change-0.12 / -1.04%
  • Shares traded511.26k
  • 1 Year change-44.36%
  • Beta1.3945
Data delayed at least 15 minutes, as of Apr 02 2020 21:00 BST.
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Profile data is unavailable for this security.

About the company

Newtek Business Services Corp. is an internally managed non-diversified closed-end management investment company. The Company's investment objective is to generate both current income and capital appreciation primarily through loans originated by its small business finance platform and its equity investments in certain portfolio companies that it controls. The Company is a national non-bank lender that provides, together with its controlled portfolio companies, a range of business services and financial products under the Newtek brand to the small and medium-sized business (SMB) market. The Company issues debt and makes equity investments in portfolio companies in various industries. Its products and services include Business Lending including the United States Small Business Administration (SBA) 7(a) and 504 lending, Electronic Payment Processing, Managed Technology Solutions (Cloud Computing), Data Backup, and Payroll and Benefits Solutions to SMB accounts across all industries.

  • Revenue in USD (TTM)109.70m
  • Net income in USD41.14m
  • Incorporated2013
  • Employees109.00
  • Location
    Newtek Business Services Corp4800 T REX AVENUE, SUITE 120BOCA RATON 33431United StatesUSA
  • Phone+1 (212) 356-9500
  • Websitehttps://www.newtekone.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
NEWT:NMQ since
announced
Transaction
value
Cloud On POSDeal completed20 Nov 201920 Nov 2019Deal completed-50.74%--
Data delayed at least 15 minutes, as of Apr 02 2020 21:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Regional Management Corp355.71m44.73m134.96m1.64k3.200.44562.430.37943.833.8330.2127.490.3364----217,163.004.233.894.403.99----12.5811.08--2.470.72510.0015.9811.6826.5624.769.74--
Atlanticus Holdings Corp275.93m47.02m145.03m319.002.8651.952.750.52563.183.1818.520.17540.4405------7.47-2.0271.14-6.3067.3658.9216.95-5.11----0.9967--48.196.64116.87---16.89--
SWK Holdings Corp27.91m19.64m147.22m5.007.510.646632.615.271.521.522.1617.630.1212--12.935,582,600.008.5313.138.6613.44----70.3795.95----0.000.00-30.6732.16-89.48-13.59----
X Financial467.06m125.46m158.02m744.001.260.2674--0.33830.78540.78542.923.710.5632--2.55627,769.2014.83--23.04--53.49--26.33----4.700.089--98.14--159.53------
Net 1 UEPS Technologies Inc292.79m-236.49m168.01m3.15k--0.5241--0.5738-4.23-4.275.235.670.330911.553.3793,068.02-27.88-0.0361-42.04-0.069437.9150.00-84.26-0.08071.15-0.44830.242---41.10-9.10-556.39---14.69--
Ellington Financial Inc159.90m56.47m185.44m150.002.420.2276--1.161.751.754.9021.460.0385--0.3431,066,007.001.270.97852.871.9743.6456.6733.1328.16----0.7904192.0918.4111.2520.98-0.9298---11.52
Curo Group Holdings Corp1.14bn103.90m186.97m4.00k2.023.741.530.16382.272.4324.871.231.14--46.71285,449.3010.38--12.24--74.20--9.10----2.940.9399--9.26--599.70------
Granite Point Mortgage Trust Inc247.47m70.11m197.99m--2.730.19322.810.80011.321.324.1318.600.0633--22.92--1.80--2.17--38.55--28.37------0.7689--33.53--11.34------
Oportun Financial Corp442.37m4.26m213.60m2.66k19.780.4372.820.48290.400.4019.3718.10------166,115.30------------13.92------0.7089---6.59---74.32------
EZCORP Inc853.97m7.45m221.37m6.80k29.670.29586.090.25920.13410.128715.3813.460.6741.9826.77125,583.700.52820.24660.6170.284957.9058.140.78380.36353.691.820.24310.004.322.58-93.00-21.0211.08--
NEWTEK Business Services Corp109.70m41.14m239.64m109.005.420.73335.762.182.122.125.6815.700.1512--2.191,006,385.005.677.225.907.51----37.5044.35--2.720.572785.7718.35-3.9815.3059.5944.50--
CNFinance Holdings Ltd436.49m75.31m260.61m2.76k3.740.5141--0.59711.021.025.877.390.1898------3.27--3.44--52.11--17.25------0.649---27.62---37.90------
Ready Capital Corp240.99m72.32m291.35m0.003.030.3469--1.211.851.855.7416.140.0601--27.02--1.872.111.922.4635.1444.2831.1532.33----0.823183.8637.6429.8623.6422.01--0.00
America First Multifamily Investors LP78.46m25.42m293.83m0.0011.510.861210.303.750.41950.41951.307.170.078--10.86--3.033.143.353.2468.5072.9438.8637.95----0.569192.28-11.1611.44-28.9011.79-64.900.00
Intelligent Systems Corporation34.30m10.97m304.88m530.0027.978.1825.458.891.221.223.824.180.9329--5.4964,722.6429.8311.1034.2411.9865.7259.4331.9818.37----0.00--70.6652.3075.67--54.73--
International Money Express Inc319.60m19.61m319.49m247.0015.995.719.890.99970.52530.52538.511.471.41--8.461,293,927.008.65--13.01------6.14----4.280.6285--16.68--370.69------
Data as of Apr 02 2020. Currency figures normalised to Newtek Business Services Corp's reporting currency: US Dollar USD

Institutional shareholders

13.52%Per cent of shares held by top holders
HolderShares% Held
Wellington Management Co. LLPas of 31 Dec 2019523.84k2.64%
Invesco Capital Management LLCas of 31 Dec 2019442.94k2.24%
UBS Securities LLCas of 31 Dec 2019317.88k1.60%
Advisors Asset Management, Inc.as of 31 Dec 2019304.32k1.54%
LSV Asset Managementas of 31 Dec 2019286.45k1.45%
Van Eck Associates Corp.as of 31 Dec 2019221.55k1.12%
Millennium Management LLCas of 31 Dec 2019170.45k0.86%
McKinley Capital Management LLCas of 31 Dec 2019142.66k0.72%
Bard Associates, Inc.as of 31 Dec 2019140.35k0.71%
Two Sigma Investments LPas of 31 Dec 2019128.45k0.65%
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Data from 31 Dec 2019 - 31 Dec 2019Source: FactSet Research Systems Inc.
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