Newtek Business Services Corp (NEWTL) Stock
NEWTL is no longer traded. Newtek Business Services was delisted from the Nasdaq in July 2024.
Prices on this page are historical; the last trade was July 30, 2024 at $24.99.
Newtek Business Services stock price history
NEWTL final trading statistics
- Final close
- $24.99
- Final trading day
- Jul 30, 2024
- Market cap at delisting
- $231.75M
- Shares outstanding
- —
- Final 52-week range
- $24.35 – $25.28
- Avg. volume (final 3 mo.)
- 5,773
- All-time high (split-adj.)
- $24.99 · Jul 2024
- All-time low (split-adj.)
- $11.97 · Mar 2020
- Return since IPO
- +32.7%
- Beta
- —
- Book value / share
- —
- Price / book
- —
Newtek Business Services annual financials
| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2023 | $253.14M | $45.4M | — |
| FY2022 | $105.17M | $32.3M | — |
| FY2021 | $147.76M | $84.1M | — |
| FY2020 | $74.96M | $33.6M | $3.27 |
| FY2019 | $88.79M | $41.1M | $1.30 |
Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.
About Newtek Business Services Corp
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. The firm also seeks to invest in early stage businesses. The firm seeks to makes both debt and equity investments. Under debt investments, it focuses on first lien loans, which have terms of 1 to 25 years; second lien loans, which have terms of 5 to 25 years, and unsecured loans, which are provided to meet short-term funding needs and are repaid within 6 to 12 months. It operates through Electronic Payment Processing, Managed Technology Solutions, Small Business Finance, 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 management services. Its electronic payment processing services include credit and debit card processing, check approval, ancillary processing equipment and software to merchants, eCommerce, electronic solutions to accept non-cash payments, check conversion, remote deposit capture, ACH processing, and electronic gift and loyalty card programs. The company also provides Website hosting, 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; Accounts Receivable Financing, and The Secure Gateway. 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
Newtek Business Services stock FAQ
What happened to Newtek Business Services stock?
Newtek Business Services stock was delisted from the Nasdaq. Its final close was $24.99 on July 30, 2024.
Is NEWTL stock still trading?
No. NEWTL was delisted from the Nasdaq in July 2024 and no longer trades on a U.S. exchange.
What was the last price of NEWTL stock?
NEWTL closed at $24.99 on its final trading day, July 30, 2024, for a market value of about $231.75M.
What were Newtek Business Services's revenue and earnings in its last full fiscal year?
Newtek Business Services reported revenue of $253.14M and net income of $45.4M in fiscal 2023, its last full year as a public company.
When did Newtek Business Services go public?
Newtek Business Services Corp stock began trading on July 31, 2019.