Barry Sloane - Newtek Business Chairman, CEO and Pres
| NEWT Stock | USD 13.20 0.21 1.62% |
Chairman
Mr. Barry S Sloane is President, Chief Executive Officer, Director of the Company. He served as our Chairman and Chief Executive Officer since 1999 and as our President since 2008 since 2008.
| Age | 64 |
| Tenure | 16 years |
| Address | 4800 T-Rex Avenue, Boca Raton, FL, United States, 33431 |
| Phone | 212 356 9500 |
| Web | https://www.newtekone.com |
Latest Insider Transactions
Sloane founded Newtek in 1998 and was an executive officer of each of the Companysponsored certified capital companies beginning in 1999. In addition, in April 2015 Mr. Sloane became engaged as a director with AK Capital LLC, a securities brokerage company. From September 1993 through July 1995, Mr. Sloane was a Managing Director of Smith Barney, Inc. While there, he directed the Commercial and Residential Real Estate Securitization Unit, and he was national sales manager for institutional mortgage and asset backed securities sales. From April 1991 through September 1993, Mr. Sloane was founder and President of Aegis Capital Markets, a consumer loan origination and securitization business which was eventually taken public with the name of “Aegis Consumer Funding.” From October 1988 through March 1991, Mr. Sloane was Senior Vice President of Donaldson, Lufkin and Jenrette, where he was responsible for directing sales of mortgagebacked securities. From August 1982 to September 1988, MrBarry Sloane Latest Insider Activity
Tracking and analyzing the buying and selling activities of Barry Sloane against Newtek Business stock is an integral part of due diligence when investing in Newtek Business. Barry Sloane insider activity provides valuable insight into whether Newtek Business is net buyers or sellers over its current business cycle. Note, Newtek Business insiders must abide by specific rules, including filing SEC forms every time they buy or sell Newtek Business'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Barry Sloane over two weeks ago Acquisition by Barry Sloane of 10000 shares of Newtek Business at 11.7954 subject to Rule 16b-3 | ||
Barry Sloane over three months ago Acquisition by Barry Sloane of 1000 shares of Newtek Business at 12.08 subject to Rule 16b-3 | ||
Barry Sloane over three months ago Acquisition by Barry Sloane of 428 shares of Newtek Business at 14.007 subject to Rule 16b-3 | ||
Barry Sloane over six months ago Disposition of 50000 shares by Barry Sloane of Newtek Business subject to Rule 16b-3 |
Newtek Business Management Efficiency
The company has return on total asset (ROA) of 0.0608 % which means that it generated a profit of $0.0608 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1705 %, meaning that it created $0.1705 on every $100 dollars invested by stockholders. Newtek Business' management efficiency ratios could be used to measure how well Newtek Business manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Newtek Business' Return On Capital Employed is comparatively stable compared to the past year. Return On Equity is likely to gain to 0.20 in 2024, whereas Return On Tangible Assets are likely to drop 0.03 in 2024. At this time, Newtek Business' Liabilities And Stockholders Equity is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 1.2 B in 2024, whereas Total Current Liabilities is likely to drop slightly above 54.5 M in 2024.Management Performance
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0608 |
Newtek Business Services Leadership Team
Elected by the shareholders, the Newtek Business' board of directors comprises two types of representatives: Newtek Business inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newtek. The board's role is to monitor Newtek Business' management team and ensure that shareholders' interests are well served. Newtek Business' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newtek Business' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Schwartz, Chief Legal Officer and Corporate Secretary | ||
| Peter Downs, Chief Lending Officer, Director and President of Newtek Small Bus. Fin. | ||
| Jayne CavuotoKrafchik, Director Relations | ||
| Brian Moon, Treasurer and Senior Vice President - Corporate Development | ||
| Halli RazonFeingold, Chief Resources | ||
| Nicolas Young, Chief Officer | ||
| Timothy Ihlefeld, Ex Officer | ||
| Andrew Kaplan, Chief Officer | ||
| Nicholas Leger, Principal Officer | ||
| Ron Lay, Chief Officer | ||
| Frank DeMaria, Executive Officer | ||
| Barry Sloane, Chairman, CEO and Pres | ||
| Michael Price, Chief Officer | ||
| Albert Spada, Exec Lending | ||
| Taylor Quinn, Senior Officer |
Newtek Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Newtek Business a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0608 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 696.68 M | ||||
| Shares Outstanding | 26.31 M | ||||
| Shares Owned By Insiders | 6.77 % | ||||
| Shares Owned By Institutions | 34.85 % | ||||
| Number Of Shares Shorted | 965.56 K | ||||
| Price To Earning | 11.31 X |
Thematic Opportunities
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Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.