NewtekOne Inc (LTS:0K7X)
$ 14.54 -0.02 (-0.14%) Market Cap: 381.42 Mil Enterprise Value: 899.38 Mil PE Ratio: 8.63 PB Ratio: 1.44 GF Score: 75/100

Q4 2018 Newtek Business Services Corp Earnings Call Transcript

Mar 07, 2019 / 01:30PM GMT
Release Date Price: $17.89
Barry Scott Sloane
Newtek Business Services Corp. - Chairman, President & CEO

Thank you very much, operator. And to our investors present today, we greatly appreciate you attending our full year 2018 financial results conference call. We do have a PowerPoint presentation that is attached to our Website, newtekone.com, Investor Relations section. And we'll be following along with that presentation. I'd like to point all your attention to Slide number 1 on the forward-looking statements and would appreciate if everyone would have the opportunity to absorb that.

We'll now move to Slide number 2. And as we do on these calls regularly, we like to look at the company's historical stock performance. Obviously, last year was a challenging year for most public companies with respect to stock performance. However, if you look at our 5-year, 3-year, and 1-year returns, all quite stellar.

Newtek's total return for this calendar year, which does not include the first quarter dividend, 13.8% as of Feb 28, and that's with the stock trading at $19.84. We are higher than that. We closed yesterday

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