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Newtek Business ( (NEWT) ) just unveiled an update.
On January 27, 2026, NewtekOne, Inc. expanded its Board of Directors from seven to eight members and elected veteran banker Thomas Cestare as a Class I director, with a term running until the 2027 annual shareholders’ meeting, and appointed him to the Audit Committee. Cestare, who currently sits on the board of Newtek Bank, N.A. and serves as partner and chief operating officer at Patriot Financial Partners, brings more than 35 years of banking and financial leadership experience, including senior finance roles at Beneficial Bancorp and Sovereign Bancorp as well as partnership experience at KPMG, and his appointment comes in the context of Patriot’s 2025 exchange of preferred stock and cash for NewtekOne common shares, a transaction that may be deemed a related-party deal, underscoring his close ties to a significant shareholder and the company’s emphasis on bolstering board-level financial and risk oversight.
The most recent analyst rating on (NEWT) stock is a Buy 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 Outperform.
NEWT scores positively overall due to strong valuation (low P/E and high dividend yield) and constructive technical momentum (above key moving averages with positive MACD). The main constraint on the score is financial risk: high leverage and negative operating/free cash flows. Earnings-call guidance and recent corporate actions provide additional support but are tempered by credit-quality and NSBF loss headwinds.
To see Spark’s full report on NEWT stock, click here.
More about Newtek Business
NewtekOne, Inc., through its subsidiary Newtek Bank, N.A., operates in the financial services and banking industry, providing banking and related financial products and services, with a focus on serving business clients through its integrated financial solutions platform.
Average Trading Volume: 266,018
Technical Sentiment Signal: Strong Buy
Current Market Cap: $394.9M
For detailed information about NEWT stock, go to TipRanks’ Stock Analysis page.