NewtekOne, Inc. (NASDAQ:NEWT) Q1 2023 Earnings Conference Call May 9, 2023 8:30 AM ET
Company Participants
Barry Sloane - President and Chief Executive Officer
Nicholas Leger - Chief Accounting Officer
Conference Call Participants
Crispin Love - Piper Sandler
Christopher Nolan - Ladenburg Thalmann & Co
Bryce Rowe - B. Riley
Paul Johnson - KBW
Scott Sullivan - RJ
Sean-Paul Adams - Raymond James
Steven Nemo - Private Investor
Operator
Good day, welcome to the Newtek One, Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in listening-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your speaker today, Barry Sloane, President and CEO of Newtek One Inc. Please go ahead.
Barry Sloane
Good morning, and thank you very much. I appreciate everyone attending, and welcome to our first quarter 2023 financial results conference call. Obviously, this is our first conference call as a financial holding company owning a nationally chartered technology-enabled bank, and we appreciate everyone’s attendance.
Our call today is going to be quite detailed to give investors and analysts an opportunity to begin to model our organization, which is clearly a differentiated business strategy and operation, one that will be different than any other financial holding company or bank holding company that you’re familiar with. So we appreciate everyone’s patience. We tried to give as much detail and transparency to try to set a baseline foundation so that people can begin to model up Newtek One, a very unique, differentiated financial holding company.
Joining me on today’s call is Nicolas Ledger, EVP and Chief Accounting Officer; Nick Young, President and COO of Newtek Bank NA; and John McCaffrey, Chief Financial Officer of Newtek Bank NA as well. We’ve also invited our analyst coverage. We have several analysts that are on the call that might participate in Q&A. Chris Nolan from Ladenburg. Crispin Love from Piper, Paul Johnson from KBW, along with Mike Perito. Marel Ross from Compass, Bryce Rowe from B. Riley and David Feaster from Raymond James. So we welcome calls coming in on the Q&A to try to get our story out in the market, and we get people to follow the very unique repositioning of Newtek One, a unique financial holding company.
I’d like to call everyone’s attention to the forward-looking statement on Slide #1. I should remind everybody that is not familiar with Newtek One, our PowerPoint presentation is on the Investor Relations section of our website, and you could follow along.