NewtekOne Inc (NAS:NEWT)
$ 13.415 -0.045 (-0.33%) Market Cap: 348.31 Mil Enterprise Value: 856.74 Mil PE Ratio: 6.81 PB Ratio: 1.36 GF Score: 70/100

Q1 2022 Newtek Business Services Corp Earnings Call Transcript

May 05, 2022 / 12:30PM GMT
Release Date Price: $25.31 (-2.65%)
Jayne L. Cavuoto;Krafchik
Newtek Business Services Corp. - Director of IR

Good morning, everybody. My name is Jayne Cavuoto, and I am the Director of Investor Relations here at Newtek Business Service Corp. Today, I would like to thank you all for attending Newtek's First Quarter 2022 Financial Results Conference Call.

I would like to now turn the call over to Barry Sloane, CEO, President, and Chairman of Newtek Business Services Corp.

Barry Scott Sloane
Newtek Business Services Corp. - Chairman, President & CEO

Good morning, everyone, and welcome to our first quarter 2022 financial results conference call. Today on the call, thank you, Jayne Cavuoto, Director of Investor Relations. I'm also here today with Nick Leger, our Chief Accounting Officer, and we'll be making the presentation.

We're very, very excited about reporting our first quarter results. We're proud to announce that we beat analyst estimates of $0.62 adjusted NII a share for the Q1 consensus coming in at $0.72 of adjusted NII.

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