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NEWT Stock Risk & Deep Value Analysis

NewtekOne Inc

Financial Services • Banks - Regional

DVR Score

6.4

out of 10

Solid Pick

What You Need to Know About NEWT Stock

We analyzed NewtekOne Inc using our deep value framework. Sign in to see our full verdict and DVR Score.

We ran NEWT through our deep value framework — analyzing financial health, distress signals, competitive moat, and risk factors. Our risk assessment: Aggressive. Here's what we found.

Updated Mar 19, 2026Run Fresh Analysis →

NEWT Risk Analysis & Red Flags

Risk Matrix

Overall

Aggressive

Financial

High

Market

Medium

Competitive

Medium

Execution

High

Regulatory

Medium

Upcoming Risk Events

  • 📅

    Higher-than-expected credit losses or deterioration in loan portfolio quality

  • 📅

    Slower-than-anticipated deposit growth or increasing cost of funds

  • 📅

    Regulatory changes impacting bank holding companies or SMB lending

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What Does NewtekOne Inc (NEWT) Do?

Market Cap

$328.74M

Sector

Financial Services

Industry

Banks - Regional

Employees

591

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that provides various business and financial solutions under the Newtek and NewtekOne brands to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including the United States small business administration loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based point of sale systems for a various restaurant, retail, assisted living, taxi cabs, parks, and golf course businesses. In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners, as well as inbound and outbound calling services. The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023. NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

Visit NewtekOne Inc Website

Investment Thesis

NewtekOne is a high-conviction, high-risk play on the transformation of SMB banking. Its strategic pivot to a BHC, combined with a tech-enabled, comprehensive service offering, positions it to capture a significant share of the underserved SMB market. Successful execution in building a low-cost deposit base and maintaining credit quality could unlock substantial value and deliver 10x growth within 3-5 years.

Is NEWT Stock Undervalued?

NewtekOne (NEWT) continues its ambitious pivot as a bank holding company (BHC), aiming to be the leading tech-enabled financial and business services provider for underserved SMBs. The strategy leverages a regulatory moat for lower cost of funds and a comprehensive, scalable platform, offering significant 10x growth potential. While the vision is strong and leadership has demonstrated clear strategic direction, the financial health reflects ongoing substantial investment required for building a robust deposit base and scaling operations. Without major material changes in the past 54 days, the company is presumed to be continuing its execution efforts, facing persistent operational and financial risks. The score slightly nudges up to reflect continued, albeit challenging, progress consistent with its high-risk, high-reward profile.

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NEWT Price Targets & Strategy

12-Month Target

$17.50

Bull Case

$22.00

Bear Case

$8.50

Entry Strategy

Dollar-cost average on dips below $11.00; accumulate between $9.50-$10.50.

Exit Strategy

Take 30% profit at $18.00, another 30% at $25.00. Maintain a stop-loss at $8.00.

Portfolio Allocation

5% for moderate risk tolerance

Price Targets & Strategy

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Is NEWT Financially Healthy?

Valuation

P/E Ratio

5.08

Price/Book

0.97

Other

Dividend Yield

662.00%

Does NEWT Have a Competitive Moat?

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Moat Rating

🛡️ Narrow

Moat Trend

Expanding

Moat Sources

3 Identified

Regulatory AdvantagesSwitching CostsIntangible Assets (Brand and proprietary technology)

The moat is strengthening as the company builds its deposit base, integrates more services, and scales its technology. Regulatory barriers to entry for new BHCs are high, and switching costs for SMBs using an integrated platform are significant. Durability depends on sustained investment in tech and superior execution.

Moat Erosion Risks

  • Intense competition from traditional banks and agile fintech lenders targeting SMBs
  • Inability to cost-effectively scale the deposit base, eroding cost advantage
  • Technological obsolescence if proprietary platform fails to innovate

NEWT Competitive Moat Analysis

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NEWT Market Intelligence

Sentiment & Insider Activity

Social Sentiment

Neutral

Institutional Sentiment

Neutral

Insider Activity (Form 4)

Mixed activity; some insider buying observed in early stages of the BHC pivot, indicating long-term conviction.

Options Flow

Limited activity; some speculative call buying at out-of-the-money strikes, but overall illiquid.

Earnings Intelligence

Next Earnings

Estimated Early May 2026 (for Q1 2026)

Surprise Probability

Medium

Historical Earnings Pattern

Highly volatile due to pivot; stock reaction dependent on management commentary on deposit growth, credit quality, and future guidance.

Key Metrics to Watch

Net Interest Income (NII) and Net Interest Margin (NIM)Total deposits and cost of deposits (COF)Loan growth and credit quality metrics (NPLs, charge-offs)Non-interest income growth from business servicesEfficiency ratio and operating expenses

Competitive Position

Top Competitor

WAL

Market Share Trend

Gaining

Valuation vs Peers

Trading at a discount on traditional bank P/E and P/TBV multiples due to early-stage pivot and associated uncertainties, but potentially a premium on future growth potential (e.g., Price/Sales if non-interest income accelerates).

Competitive Advantages

  • Regulatory moat as a BHC allows for lower cost of funds via deposits
  • Integrated tech platform offering comprehensive business solutions beyond lending
  • Established network and brand within the SMB lending space from previous BDC operations

Market Intelligence

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What Could Drive NEWT Stock Higher?

Near-Term (0-6 months)

  • Q1 2026 Earnings Report (Estimated Early May 2026)
  • Updates on deposit growth and net interest margin (NIM) expansion
  • Rollout of new technology features for SMB clients

Medium-Term (6-18 months)

  • Strategic partnerships expanding service offerings or client reach (e.g., payment processors)
  • Achievement of significant deposit growth milestones (e.g., $1B in deposits)
  • Improved efficiency ratio signaling operational leverage

Long-Term (18+ months)

  • Establishing market leadership as a one-stop-shop for SMB financial services
  • Disruption of traditional regional banking models for SMBs
  • Significant expansion of non-interest income streams

Catalysts & Growth Drivers

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What's the Bull Case for NEWT?

  • Acceleration in low-cost deposit growth and NIM expansion

  • Stable or improving credit quality and non-performing loan ratios

  • Increasing adoption of non-lending business services by SMB clients

Bull Case Analysis

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Competing with NEWT

See how NewtekOne Inc compares to related companies

CompanyMarket CapDVR ScoreP/ERevenueProfit MarginRev Growth

NewtekOne Inc

NEWT

$328.7M6.45.1

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FAQ

What is the DVR Score for NewtekOne Inc (NEWT)?

As of March 19, 2026, NewtekOne Inc has a DVR Score of 6.4 out of 10, placing it in the "Solid Pick" category. This score is generated by our AI-powered deep value analysis framework that evaluates growth potential, financial health, competitive moat, and risk factors.

What is the market capitalization of NewtekOne Inc?

NewtekOne Inc's market capitalization is approximately $328.7M. The company operates in the Financial Services sector within the Banks - Regional industry.

What ticker symbol does NewtekOne Inc use?

NEWT is the ticker symbol for NewtekOne Inc. The company trades on the NGM.

What is the risk level for NEWT stock?

Our analysis rates NewtekOne Inc's overall risk as Aggressive. This assessment considers execution risk, market risk, financial risk, competitive risk, and regulatory risk. For a full breakdown, see the risk analysis section above.

What is the P/E ratio of NEWT?

NewtekOne Inc currently has a price-to-earnings (P/E) ratio of 5.1. This is below the market average, which could indicate the stock is undervalued or facing headwinds.

Does NewtekOne Inc pay a dividend?

Yes, NewtekOne Inc pays a dividend with a current yield of approximately 662.00%.

How often is the NEWT DVR analysis updated?

Our AI-powered analysis of NewtekOne Inc is refreshed regularly to incorporate the latest financial data, market conditions, and news. The most recent update was on March 19, 2026.

Important Disclaimer – Not Financial Advice

Deep Value Reports is an independent research platform for educational and informational purposes only. We are not financial advisors, investment advisors, or licensed professionals. The analysis, scores, and information provided on this page for NEWT (NewtekOne Inc) should not be construed as personalized investment advice, a recommendation to buy or sell any security, or an offer to provide investment advisory services.

All investments involve risk, including the potential loss of principal. Past performance does not guarantee future results. Always conduct your own research, consider your financial situation, and consult with a qualified financial advisor before making any investment decisions.

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