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NewtekOne (NEWT) Competitors

$13.12
-0.09 (-0.68%)
(As of 06/10/2024 ET)

NEWT vs. WABC, HOPE, NIC, SASR, OCFC, BFC, FBMS, AMTB, DCOM, and HAFC

Should you be buying NewtekOne stock or one of its competitors? The main competitors of NewtekOne include Westamerica Bancorporation (WABC), Hope Bancorp (HOPE), Nicolet Bankshares (NIC), Sandy Spring Bancorp (SASR), OceanFirst Financial (OCFC), Bank First (BFC), First Bancshares (FBMS), Amerant Bancorp (AMTB), Dime Community Bancshares (DCOM), and Hanmi Financial (HAFC). These companies are all part of the "national commercial banks" industry.

NewtekOne vs.

NewtekOne (NASDAQ:NEWT) and Westamerica Bancorporation (NASDAQ:WABC) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, valuation, dividends, profitability, institutional ownership, community ranking, media sentiment, earnings and analyst recommendations.

Westamerica Bancorporation has higher revenue and earnings than NewtekOne. Westamerica Bancorporation is trading at a lower price-to-earnings ratio than NewtekOne, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
NewtekOne$271.46M1.20$47.33M$1.558.52
Westamerica Bancorporation$327.54M3.85$161.77M$5.927.99

38.4% of NewtekOne shares are held by institutional investors. Comparatively, 81.9% of Westamerica Bancorporation shares are held by institutional investors. 6.4% of NewtekOne shares are held by company insiders. Comparatively, 5.5% of Westamerica Bancorporation shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

NewtekOne presently has a consensus price target of $14.50, indicating a potential upside of 9.77%. Westamerica Bancorporation has a consensus price target of $53.50, indicating a potential upside of 13.11%. Given Westamerica Bancorporation's higher probable upside, analysts clearly believe Westamerica Bancorporation is more favorable than NewtekOne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NewtekOne
0 Sell rating(s)
3 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.25
Westamerica Bancorporation
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

NewtekOne pays an annual dividend of $0.76 per share and has a dividend yield of 5.8%. Westamerica Bancorporation pays an annual dividend of $1.76 per share and has a dividend yield of 3.7%. NewtekOne pays out 49.0% of its earnings in the form of a dividend. Westamerica Bancorporation pays out 29.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, NewtekOne had 3 more articles in the media than Westamerica Bancorporation. MarketBeat recorded 5 mentions for NewtekOne and 2 mentions for Westamerica Bancorporation. Westamerica Bancorporation's average media sentiment score of 1.69 beat NewtekOne's score of 0.27 indicating that Westamerica Bancorporation is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
NewtekOne
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Westamerica Bancorporation
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Westamerica Bancorporation has a net margin of 48.35% compared to NewtekOne's net margin of 14.14%. Westamerica Bancorporation's return on equity of 21.99% beat NewtekOne's return on equity.

Company Net Margins Return on Equity Return on Assets
NewtekOne14.14% 18.27% 2.77%
Westamerica Bancorporation 48.35%21.99%2.42%

NewtekOne has a beta of 1.32, meaning that its share price is 32% more volatile than the S&P 500. Comparatively, Westamerica Bancorporation has a beta of 0.56, meaning that its share price is 44% less volatile than the S&P 500.

NewtekOne received 81 more outperform votes than Westamerica Bancorporation when rated by MarketBeat users. Likewise, 60.19% of users gave NewtekOne an outperform vote while only 50.32% of users gave Westamerica Bancorporation an outperform vote.

CompanyUnderperformOutperform
NewtekOneOutperform Votes
319
60.19%
Underperform Votes
211
39.81%
Westamerica BancorporationOutperform Votes
238
50.32%
Underperform Votes
235
49.68%

Summary

NewtekOne and Westamerica Bancorporation tied by winning 10 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NEWT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NEWT vs. The Competition

MetricNewtekOneNational commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$326.68M$18.16B$8.89B$8.12B
Dividend Yield5.75%4.03%10.74%4.06%
P/E Ratio8.528.7453.3713.58
Price / Sales1.201.743,515.8072.07
Price / Cash10.108.5027.5328.99
Price / Book1.421.032.444.53
Net Income$47.33M$2.35B$998.68M$214.27M
7 Day Performance-2.87%-0.93%-0.08%0.90%
1 Month Performance3.36%-2.55%0.61%2.14%
1 Year Performance-9.64%8.11%17.76%4.96%

NewtekOne Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WABC
Westamerica Bancorporation
3.2307 of 5 stars
$46.92
-1.8%
$53.50
+14.0%
+13.2%$1.25B$327.54M7.93641Positive News
HOPE
Hope Bancorp
4.8194 of 5 stars
$10.20
-1.8%
$11.83
+16.0%
+12.7%$1.23B$1.09B10.201,244
NIC
Nicolet Bankshares
2.5417 of 5 stars
$77.86
-1.5%
$87.88
+12.9%
+9.1%$1.16B$418.83M12.00976News Coverage
SASR
Sandy Spring Bancorp
3.1777 of 5 stars
$23.03
-1.1%
$23.50
+2.0%
-12.4%$1.04B$704.60M11.291,112Positive News
OCFC
OceanFirst Financial
3.9719 of 5 stars
$14.08
-2.8%
$18.00
+27.8%
-11.6%$826.64M$641.60M8.23878
BFC
Bank First
2.2159 of 5 stars
$81.00
+0.3%
$93.50
+15.4%
-7.4%$816.48M$240.60M10.52361Positive News
Gap Down
FBMS
First Bancshares
4.6801 of 5 stars
$24.25
-2.0%
$31.00
+27.8%
-13.2%$757.09M$387.64M9.621,078Analyst Downgrade
AMTB
Amerant Bancorp
2.5467 of 5 stars
$21.57
-2.7%
$25.75
+19.4%
+8.9%$727.34M$636.08M31.72696News Coverage
DCOM
Dime Community Bancshares
3.7796 of 5 stars
$17.65
-1.9%
$26.83
+52.0%
-2.3%$687.82M$645.57M9.92851
HAFC
Hanmi Financial
4.069 of 5 stars
$15.26
-1.8%
$17.50
+14.7%
-4.2%$463.75M$403.51M6.36615

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This page (NASDAQ:NEWT) was last updated on 6/10/2024 by MarketBeat.com Staff

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