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Newtek Business Shareholders Approve Key Decisions in Meeting

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Newtek Business Shareholders Approve Key Decisions in Meeting

Confident Investing Starts Here:

Newtek Business ( (NEWT) ) just unveiled an announcement.

NewtekOne, Inc. held its Annual Meeting of Shareholders on June 13, 2025, where shareholders approved the election of three directors to serve until 2028 and ratified the selection of RSM US LLP as the independent auditors for the fiscal year ending December 31, 2025. Additionally, an advisory vote on executive compensation was conducted, with a majority of shareholders voting in favor.

The most recent analyst rating on (NEWT) stock is a Hold with a $15.00 price target. To see the full list of analyst forecasts on Newtek Business stock, see the NEWT Stock Forecast page.

Spark’s Take on NEWT Stock

According to Spark, TipRanks’ AI Analyst, NEWT is a Neutral.

Newtek Business faces significant financial challenges with zero revenue reported in 2024, impacting its stock score negatively. However, the positive earnings call and strategic corporate events provide some offsetting factors. The company’s valuation metrics are attractive, but technical indicators remain neutral to slightly bearish.

To see Spark’s full report on NEWT stock, click here.

More about Newtek Business

Average Trading Volume: 270,293

Technical Sentiment Signal: Sell

Current Market Cap: $274.2M

For detailed information about NEWT stock, go to TipRanks’ Stock Analysis page.

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