NewtekOne Inc (NAS:NEWT)
$ 13.442 -0.018 (-0.13%) Market Cap: 349.01 Mil Enterprise Value: 857.44 Mil PE Ratio: 6.82 PB Ratio: 1.37 GF Score: 70/100
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Newtek Business Services Corp To Acquire National Bank of New York City Call Transcript

Sep 29, 2022 / 12:30PM GMT
Release Date Price: $16.01 (-3.32%)
Operator

Good day, ladies and gentlemen. Thank you for standing by, and welcome to Newtek Investor Conference Call. (Operator Instructions) Please be advised that today's conference may be recorded.

I'd now like to hand the conference over to your speaker host, Mr. Barry Sloane, President, CEO and Founder of Newtek Business. Please go ahead, sir.

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

Thank you, operator, and I certainly appreciate everyone attending today's investor and analyst call. As we near the end of the third quarter, it's somewhat of an understatement to take a look at all the markets, look at the amount of volatility out there and make a comment. There are a lot of questions that people have, a, relative to the overall macro conditions in the market and also potentially questions about Newtek Business Service Corp as it's in a transitory position where it's announced a change potentially from a business development corp to owning a bank and owning a bank holding company.

So the purpose of today's

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