NewtekOne's CEO Barry Sloane to Present at LD Micro Main Event XVII: What Investors Need to Know

NewtekOne, Inc. (NASDAQ: NEWT) CEO, Barry Sloane, is set to present at the LD Micro Main Event XVII on October 29, 2024. This presentation offers investors an opportunity to gain insights into the company's growth prospects and strategic initiatives. Here's what investors should look out for during Sloane's presentation.


1. **Growth and Profitability Trends:** Sloane is expected to emphasize NewtekOne's growth and profitability trends to attract investors. He may highlight recent financial performance, such as the 17.3% sequential growth in total loan closings in the third quarter of 2024 compared to the second quarter. Additionally, he might discuss the company's reconfirmed 2024 annual EPS forecast in a range of $1.85 to $2.05 per basic and diluted common share.


2. **Strategic Partnerships and Expansion Plans:** Sloane may reveal strategic partnerships or expansion plans to showcase NewtekOne's future potential. He might discuss new business lines, geographic expansions, or collaborations with other companies to drive growth and create shareholder value.

3. **Addressing Market Concerns:** Sloane will likely address any recent challenges or market concerns related to NewtekOne's business and financial performance. He may provide reassurances about the company's financial health, risk management strategies, or plans to mitigate potential headwinds.

4. **Key Financial Metrics and Strategic Initiatives:** Sloane might highlight key financial metrics, such as deposit growth, loan portfolio performance, or non-interest expense management, to attract investors. He may also discuss strategic initiatives, such as technological advancements, digital transformation, or enhanced customer experiences, that position NewtekOne for long-term success.

Historically, Barry Sloane's presentations at LD Micro events have been well-received by investors, with NewtekOne's stock performance often reflecting a positive sentiment following these presentations. Analyst expectations and coverage typically change in response to the information shared during these events, with potential upgrades or reiterations based on the company's performance and growth prospects.

Investors should closely monitor Sloane's presentation at the LD Micro Main Event XVII to gain valuable insights into NewtekOne's growth strategies, financial performance, and market position. By staying informed about the company's developments, investors can make more informed decisions about their investments in NewtekOne.