Low Leveraged NewtekOne Offers Very Undervalued 8.7% Baby Bond
We search all sectors for the most undervalued preferred stocks and baby bonds. This article presents NewtekOne's NEWTH baby bond, which, I believe, is by far the best baby bond among banks with its 8.7% yield to maturity. Not only is the yield the highest of any bank bond that I follow, but NewtekOne also has the best balance sheet of any bank that I follow.
Is the Options Market Predicting a Spike in NewtekOne (NEWT) Stock?
Investors need to pay close attention to NewtekOne (NEWT) stock based on the movements in the options market lately.
NewtekOne, Inc. (NEWT) Q3 2024 Earnings Call Transcript
NewtekOne, Inc. (NASDAQ:NEWT ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Barry Sloane - Founder, President and CEO Scott Price - Chief Financial Officer, NewtekOne and Newtek Bank National Association Nicolas Young - President and COO, Newtek Bank Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann & Co. Operator Good day and thank you for standing by. Welcome to the NewtekOne, Inc. Third Quarter 2024 Earnings Conference Call.
NewtekOne (NEWT) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for NewtekOne (NEWT) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
NewtekOne (NEWT) Q3 Earnings and Revenues Top Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.38 per share a year ago.
Gear Up for NewtekOne (NEWT) Q3 Earnings: Wall Street Estimates for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for NewtekOne (NEWT), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Preferreds Weekly Review: Banks Are Redeeming Their Preferreds
We take a look at the action in preferreds and baby bonds through the third week of September and highlight some of the key themes we are watching. Preferred stocks had a strong week, driven by falling Treasury yields and stable spreads. Banks are reducing Tier 1 capital by redeeming callable preferreds, with JPMorgan planning a $1.6bn repayment in October.
NewtekOne: 8.6% Yielding Bonds Make More Sense Than The Stock
We had previously rated NewtekOne, Inc. stock as a hold despite compelling valuation metrics. NewtekOne's Q2 2024 earnings were about in line with expectations, though provisions for loan losses crept up. The past strategic missteps keep us on the sidelines with the common shares.
NewtekOne, Inc. (NEWT) Q2 2024 Earnings Call Transcript
NewtekOne, Inc. (NASDAQ:NEWT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Barry Sloane - President, Chairman and Chief Executive Officer Scott Price - Chief Financial Officer Frank Di Maria - Chief Accounting Officer Nicolas Young - President and Chief Operating Officer, Newtek Bank, N.A Conference Call Participants Crispin Love - Piper Sandler Tim Switzer - KBW Steve Moss - Raymond James Christopher Nolan - Ladenburg Thalmann Bryce Rowe - B. Riley Operator Good day and thank you for standing by.
NewtekOne (NEWT) Reports Q2 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for NewtekOne (NEWT) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NewtekOne (NEWT) Surpasses Q2 Earnings and Revenue Estimates
NewtekOne (NEWT) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.26 per share a year ago.
Preferreds Weekly Review: Tight Spreads Drive Bond Issuance
We take a look at the action in preferreds and baby bonds through the first week of July and highlight some of the key themes we are watching. Preferreds market saw a solid week with a drop in Treasury yields and stable median yield-to-worst below 7%. Corporate bond yields stand at lowest levels in 2 years, prompting new issuance from across the space.
