NewtekOne, Inc.

NewtekOne, Inc. is a bank holding company that serves the small- and medium-sized business market through its subsidiary, Newtek Bank, National Association. The company operates through two primary business lines: community banking and business services. Its banking operations include deposit products such as demand, savings, and money market accounts, alongside lending services focused on Small Business Administration loans, commercial and industrial loans, and commercial real estate financing. The company's business services segment encompasses payment processing, payroll management, insurance brokerage, and telecommunications services.

The company's payment processing division provides credit and debit card processing, check approval services, and cloud-based point-of-sale systems targeted at restaurants, retail establishments, assisted living facilities, and leisure businesses. Its payroll services include payment processing and tax reporting functions for independent business owners. NewtekOne also operates a wholesale insurance agency and inbound/outbound calling services. The organization was founded in 1998 and rebranded from Newtek Business Services Corp. to NewtekOne, Inc. in January 2023, reflecting its shift toward a unified banking and services platform.

Headquartered in Boca Raton, Florida, and incorporated in Maryland, the company operates as a publicly traded entity on the Nasdaq exchange with a dividend yield of 2.98%.