Declares Archives - Benefit Group

March 4, 2023

Barrett Business Services (BBSI) Declares $0.30 Dividend

Barrett Business Services said on March 1, 2023 that its board of directors declared a regular
quarterly dividend of $0.30 per share ($1.20 annualized).
Previously, the company paid $0.30 per share.

Shares must be purchased before the ex-div date of March 16, 2023 to qualify for the dividend.

Shareholders of record as of March 17, 2023
will receive the payment on March 31, 2023.

At the current share price of $90.82 / share,
the stock’s dividend yield is 1.32{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Looking back five years and taking a sample every week, the average dividend yield has been
1.61{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
the lowest has been 1.02{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
and the highest has been 3.66{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
The standard deviation of yields is 0.42 (n=237).

The current dividend yield is
0.68 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 0.18.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

Learn to Harvest Dividends

Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.

Analyst Price Forecast Suggests 27.19{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} Upside

As of March 3, 2023,
the average one-year price target for Barrett Business Services is $115.52.
The forecasts range from a low of $103.02 to a high of $131.25.
The average price target represents an increase of 27.19{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from its latest reported closing price of $90.82.

The projected annual revenue for Barrett Business Services
is $1,161MM, an increase of 10.12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The projected annual non-GAAP EPS
is $7.15.

What is the Fund Sentiment?

There are 391 funds or institutions reporting positions in Barrett Business Services.

This is an increase
of
29
owner(s) or 8.01{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the last quarter.

Average portfolio weight of all funds dedicated to BBSI is 0.25{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
an increase
of 8.35{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Total shares owned by institutions decreased
in the last three months by 2.58{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 7,167K shares.

The put/call ratio of BBSI is 0.62, indicating a

bullish
outlook.

What are large shareholders doing?

American Century Companies
holds 379K shares

representing 5.44{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 453K shares, representing
a decrease
of 19.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in BBSI by 99.91{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Jpmorgan Chase &
holds 330K shares

representing 4.75{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 341K shares, representing
a decrease
of 3.11{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 106,368.02{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

ASVIX – Small Cap Value Fund Investor Class
holds 306K shares

representing 4.39{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 370K shares, representing
a decrease
of 21.04{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in BBSI by 6.80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Private Capital Management
holds 262K shares

representing 3.77{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 263K shares, representing
a decrease
of 0.09{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 12.14{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Renaissance Technologies
holds 218K shares

representing 3.13{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 200K shares, representing
an increase
of 8.08{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in BBSI by 25.82{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Barrett Business Services Background Information
(This description is provided by the company.)

Barrett Business Services Inc. (BBSI) is a leading provider of business management solutions, combining human resource outsourcing and professional management consulting to create a unique operational platform that differentiates it from competitors. The Company’s integrated platform is built upon expertise in payroll processing, employee benefits, workers’ compensation coverage, risk management and workplace safety programs, and human resource administration. BBSI’s partnerships help businesses of all sizes improve the efficiency of their operations. The Company works with more than 7,500 clients across all lines of business in 39 states.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

March 2, 2023

NEWTEK Business Services (NEWT) Declares $0.18 Dividend

NEWTEK Business Services said on February 27, 2023 that its board of directors declared a regular
quarterly dividend of $0.18 per share ($0.72 annualized).
Shareholders of record as of April 4, 2023
will receive the payment on April 14, 2023.
Previously, the company paid $0.70 per share.

At the current share price of $15.31 / share,
the stock’s dividend yield is 4.70{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Looking back five years and taking a sample every week, the average dividend yield has been
10.62{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
the lowest has been 5.50{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
and the highest has been 22.07{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.
The standard deviation of yields is 3.21 (n=236).

The current dividend yield is
1.84 standard deviations

below
the historical average.

Additionally, the company’s dividend payout ratio is 2.08.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company’s 3-Year dividend growth rate is 0.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
demonstrating that it has increased its dividend over time.

Learn to Harvest Dividends

Buy Stock. Capture Dividend. Sell Stock. Repeat. This is the essence of dividend harvesting and you can
do it easily with Fintel’s Dividend Capture Calendar.

Analyst Price Forecast Suggests 16.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} Upside

As of March 1, 2023,
the average one-year price target for NEWTEK Business Services is $17.85.
The forecasts range from a low of $16.16 to a high of $19.95.
The average price target represents an increase of 16.59{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} from its latest reported closing price of $15.31.

The projected annual revenue for NEWTEK Business Services
is $121MM, an increase of 40.45{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The projected annual EPS
is $3.03, an increase of 126.07{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

What is the Fund Sentiment?

There are 83 funds or institutions reporting positions in NEWTEK Business Services.

This is a decrease
of
3
owner(s) or 3.49{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} in the last quarter.

Average portfolio weight of all funds dedicated to NEWT is 0.12{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550},
an increase
of 8.37{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Total shares owned by institutions increased
in the last three months by 20.20{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} to 5,504K shares.

The put/call ratio of NEWT is 1.27, indicating a

bearish
outlook.

What are large shareholders doing?

Royce & Associates
holds 1,021K shares

representing 4.18{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 446K shares, representing
an increase
of 56.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

increased

its portfolio allocation in NEWT by 110.48{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

Invesco
holds 684K shares

representing 2.80{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 682K shares, representing
an increase
of 0.28{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in NEWT by 99.99{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

KBWD – Invesco KBW High Dividend Yield Financial ETF
holds 665K shares

representing 2.72{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 679K shares, representing
a decrease
of 2.13{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

The firm

decreased

its portfolio allocation in NEWT by 3.48{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} over the last quarter.

RYTRX – Royce Total Return Fund Investment Class
holds 443K shares

representing 1.81{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Susquehanna International Group, Llp
holds 400K shares

representing 1.64{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} ownership of the company.

In it’s prior filing, the firm reported owning 0K shares, representing
an increase
of 100.00{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Newtek Business Services Background Information
(This description is provided by the company.)

Newtek Business Services Corp., Your Business Solutions Company®, is an internally managed BDC, which along with its controlled portfolio companies, provides a wide range of business and financial solutions under the Newtek® brand to the small- and medium-sized business (‘SMB’) market. Since 1999, Newtek has provided state-of-the-art, cost-efficient products and services and efficient business strategies to SMB relationships across all 50 states to help them grow their sales, control their expenses and reduce their risk.
Newtek’s and its portfolio companies’ products and services include: Business Lending, SBA Lending Solutions, Electronic Payment Processing, Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Inventory Financing, Insurance Solutions, Web Services, and Payroll and Benefits Solutions.
Newtek® and Your Business Solutions Company®, are registered trademarks of Newtek Business Services Corp.

This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

September 1, 2022

Newtek Business Services Corp. Declares Quarterly Dividend of $0.65 (NASDAQ:NEWT)

Newtek Business Services Corp. (NASDAQ:NEWT – Get Ranking) declared a quarterly dividend on Tuesday, August 30th, Zacks studies. Stockholders of report on Tuesday, September 20th will be compensated a dividend of .65 per share by the business enterprise products and services company on Friday, September 30th. This represents a $2.60 dividend on an annualized basis and a dividend generate of 12.30{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. The ex-dividend day of this dividend is Monday, September 19th.

Newtek Business Expert services has elevated its dividend by an common of 28.3{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} yearly over the last three a long time and has elevated its dividend every year for the final 1 consecutive yrs. Newtek Small business Services has a payout ratio of 101.4{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} indicating that the firm are unable to at present cover its dividend with earnings by itself and is relying on its harmony sheet to cover its dividend payments. Equities analysts assume Newtek Small business Providers to receive $3.29 for every share up coming yr, which usually means the enterprise should really carry on to be equipped to protect its $3.00 annual dividend with an predicted foreseeable future payout ratio of 91.2{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}.

Newtek Small business Services Buying and selling Down .7 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Shares of NEWT opened at $21.14 on Wednesday. The firm’s 50-day shifting average rate is $20.56 and its 200-working day moving common selling price is $23.76. The company has a sector capitalization of $514.97 million, a price tag-to-earnings ratio of 8.32 and a beta of 1.14. The organization has a current ratio of 1.44, a swift ratio of 1.44 and a financial debt-to-equity ratio of .97. Newtek Small business Providers has a 1-yr low of $17.65 and a 1-12 months significant of $32.38.

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Newtek Small business Products and services (NASDAQ:NEWT – Get Ranking) past posted its quarterly earnings knowledge on Wednesday, August 3rd. The organization products and services supplier reported $.75 EPS for the quarter, topping the consensus estimate of $.61 by $.14. The business experienced earnings of $19.23 million for the quarter, when compared to analyst estimates of $20.16 million. Newtek Organization Providers had a web margin of 109.21{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} and a return on fairness of 16.36{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}. In the course of the exact quarter in the prior yr, the firm posted $1.20 earnings for every share. Offer-side analysts anticipate that Newtek Business enterprise Services will put up 2.87 EPS for the recent calendar year.

Institutional Inflows and Outflows

Hedge cash have lately created variations to their positions in the inventory. Jane Avenue Group LLC elevated its holdings in shares of Newtek Enterprise Companies by 137.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} throughout the 2nd quarter. Jane Road Group LLC now owns 32,602 shares of the small business products and services provider’s stock valued at $617,000 just after getting an more 18,885 shares throughout the past quarter. Cubist Systematic Methods LLC bought a new place in shares of Newtek Small business Services throughout the second quarter valued at somewhere around $267,000. Dynamic Technological innovation Lab Personal Ltd purchased a new stake in Newtek Organization Solutions all through the initially quarter valued at somewhere around $265,000. Captrust Fiscal Advisors bought a new stake in Newtek Company Products and services throughout the second quarter valued at approximately $264,000. Lastly, Guggenheim Cash LLC bought a new stake in Newtek Small business Expert services in the course of the 1st quarter valued at close to $229,000. 17.47{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the stock is owned by hedge money and other institutional buyers.

Wall Street Analyst Weigh In

NEWT has been the topic of quite a few the latest analyst reports. Compass Place lowered their concentrate on price on shares of Newtek Business Providers to $22.00 in a report on Monday, August 15th. Raymond James lifted shares of Newtek Enterprise Expert services from an “underperform” rating to a “marketplace perform” score in a report on Monday, August 8th.

About Newtek Business Providers

(Get Score)

Newtek Small business Companies Corp. is a business growth organization specializing in offering economic and company providers to the modest-and medium-sized organization market place in the United States. The firm also seeks to spend in early phase businesses. The agency seeks to makes each credit card debt and equity investments.

Newtek Business Services Corp. Declares Second Quarter 2022 Dividend of $0.75 per Share | Nation/World

BOCA RATON, Fla., April 20, 2022 (World NEWSWIRE) — Newtek Small business Products and services Corp., (NASDAQ: NEWT), an internally managed small business development enterprise (“BDC”), these days announced that its Board of Directors declared a 2nd quarter 2022 income dividend of $.75 for every share.1 The 2nd quarter 2022 dividend is payable on June 30, 2022 to shareholders of record as of June 20, 2022.

1Observe about Dividend Payments: The Firm’s Board of Directors expects to preserve a dividend policy with the goal of making quarterly distributions in an amount of money that approximates 90 – 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the Company’s yearly taxable cash flow. The willpower of the tax characteristics of the Company’s distributions is designed each year as of the finish of the Company’s fiscal year centered upon its taxable earnings for the whole yr and distributions paid for the entire yr.

Newtek Organization Companies Corp., Your Enterprise Options Company® , is an internally managed BDC, which alongside with its managed portfolio businesses, delivers a extensive range of organization and money methods less than the Newtek® manufacturer to the smaller- and medium-sized company (“SMB”) marketplace. Since 1999, Newtek has presented point out-of-the-artwork, charge-productive items and expert services and productive company strategies to SMB associations across all 50 states to help them expand their revenue, command their bills and minimize their danger.

Newtek’s and its portfolio companies’ merchandise and expert services include things like: Business Lending, SBA Lending Remedies, Digital Payment Processing, Technological innovation Options (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Financing & Stock Funding, Insurance coverage Alternatives, World-wide-web Providers, and Payroll and Gains Remedies.

Newtek® and Your Business enterprise Alternatives Company® are registered trademarks of Newtek Company Providers Corp.

Observe Concerning Ahead Wanting Statements

This push launch includes selected forward-searching statements. Words these as “believes,” “intends,” “expects,” “projects,” “anticipates,” “forecasts,” “goal” and “future” or comparable expressions are supposed to determine forward-seeking statements.All ahead-seeking statements involve a variety of threats and uncertainties that could result in true results to differ materially from the programs, intentions and anticipations reflected in or recommended by the forward-hunting statements. These types of challenges and uncertainties incorporate, among the other individuals, intensified competition, operating complications and their effect on revenues and gain margins, expected long run business enterprise techniques and monetary functionality, expected upcoming quantity of buyers, business prospective buyers, legislative developments and related matters. Chance factors, cautionary statements and other problems, which could bring about Newtek’s genuine final results to vary from management’s present-day expectations, are contained in Newtek’s filings with the Securities and Exchange Commission and readily available throughhttp://www.sec.gov/. Newtek cautions you that forward-hunting statements are not assures of potential overall performance and that actual effects or developments may possibly vary materially from individuals projected or implied in these statements.

Source: Newtek Business Solutions Corp.

Investor Relations & Public Relations

Get hold of: Jayne Cavuoto

Telephone: (212) 273-8179 / jcavuoto@newtekone.com

December 27, 2021

Newtek Business Services Corp. Declares First Quarter 2022

BOCA RATON, Fla., Dec. 20, 2021 (Globe NEWSWIRE) — Newtek Organization Companies Corp., (NASDAQ: NEWT), an internally managed company enhancement enterprise (“BDC”), these days introduced that its Board of Directors declared a initial quarter 2022 cash dividend of $.65 per share.¹ The very first quarter 2022 dividend is payable on March 31, 2022 to shareholders of document as of March 21, 2022. The payment of the initial quarter 2022 dividend would stand for a 30{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} maximize about the initial quarter 2021 dividend of $.50 for each share, and a 47.7{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} raise more than the very first quarter 2020 dividend of $.44 per share,

¹Notice relating to Dividend Payments: The Company’s Board of Administrators expects to manage a dividend coverage with the aim of making quarterly distributions in an volume that approximates 90 – 100{ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550} of the Firm’s once-a-year taxable revenue. The willpower of the tax attributes of the Firm’s distributions is manufactured per year as of the close of the Company’s fiscal 12 months primarily based upon its taxable profits for the entire calendar year and distributions paid out for the complete year.

Newtek Enterprise Companies Corp., Your Enterprise Options Business^®, is an internally managed BDC, which along with its managed portfolio providers, provides a large range of business enterprise and economic options less than the Newtek^® model to the modest- and medium-sized organization (“SMB”) market place. Since 1999, Newtek has offered point out-of-the-artwork, charge-economical products and solutions and effective small business tactics to SMB associations throughout all 50 states to assist them expand their sales, handle their fees and minimize their danger.

Newtek’s and its portfolio companies’ goods and solutions involve: Small business Lending, SBA Lending Alternatives, Digital Payment Processing, Know-how Answers (Cloud Computing, Details Backup, Storage and Retrieval, IT Consulting), eCommerce, Accounts Receivable Funding & Inventory Financing, Insurance coverage Answers, Net Services, and Payroll and Gains Options.

Newtek^® and Your Organization Solutions Organization^® are registered trademarks of Newtek Business enterprise Products and services Corp.

Note Regarding Ahead On the lookout Statements

This press release incorporates sure ahead-hunting statements. Text these as “believes,” “intends,” “expects,” “projects,” “anticipates,” “forecasts,” “goal” and “future” or related expressions are meant to identify ahead-on the lookout statements. All forward-looking statements require a number of risks and uncertainties that could induce real success to vary materially from the ideas, intentions and anticipations reflected in or suggested by the forward-searching statements. Such hazards and uncertainties include things like, among the other individuals, intensified competition, functioning troubles and their influence on revenues and profit margins, predicted long run business techniques and fiscal general performance, anticipated foreseeable future number of customers, organization prospective buyers, legislative developments and equivalent issues. Possibility aspects, cautionary statements and other disorders, which could cause Newtek’s precise outcomes to vary from management’s present-day expectations, are contained in Newtek’s filings with the Securities and Exchange Commission and readily available by means of http://www.sec.gov/. Newtek cautions you that ahead-looking statements are not assures of long term effectiveness and that actual success or developments might vary materially from individuals projected or implied in these statements.

Supply: Newtek Business Expert services Corp.

Investor Relations & Public Relations
Make contact with: Jayne Cavuoto
Telephone: (212) 273-8179 / jcavuoto@newtekone.com

Tag: Declares

Barrett Business Services (BBSI) Declares $0.30 Dividend

NEWTEK Business Services (NEWT) Declares $0.18 Dividend

Newtek Business Services Corp. Declares Quarterly Dividend of $0.65 (NASDAQ:NEWT)

Newtek Small business Services Buying and selling Down .7 {ac23b82de22bd478cde2a3afa9e55fd5f696f5668b46466ac4c8be2ee1b69550}

Institutional Inflows and Outflows

Wall Street Analyst Weigh In

About Newtek Business Providers

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Newtek Business Services Corp. Declares First Quarter 2022