NEWT
Banks - Regional · Financial Services
Board Member
Board Member
NewtekOne, Inc. (NEWT)Equibles does not estimate personal net worth.
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Get NEWT alertsPeter Downs is recorded as Board Member at NewtekOne, Inc. (NEWT). The newest filing on record that lists Peter Downs as Board Member at NewtekOne, Inc. (NEWT) is dated May 2, 2022. NewtekOne, Inc. reported in an 8-K filed April 23, 2025 that Peter Downs was appointed President of the Bank, effective April 22, 2025. The proxy statement of NewtekOne, Inc. reports total compensation of $850,000 for Peter Downs in fiscal 2025, including a base salary of $750,000. Disclosed compensation is on record for 9 fiscal years. Peter Downs has spoken on 1 earnings call across 1 company, most recently for NewtekOne, Inc. on January 29, 2026. NewtekOne, Inc. is classified in the Banks - Regional industry within the Financial Services sector. Other leadership on record at NewtekOne, Inc. includes Barry Sloane (CEO and Board Member), Frank DeMaria (CFO), Frank M. DeMaria (CFO and Chief Accounting Officer) and 7 others.
“The Bank has appointed Peter Downs (60), the Company’s and Bank’s Chief Lending Officer, as President of the Bank, effective April 22, 2025; Mr. Young will remain employed by the Bank through May 16, 2025, to assist in the transition.”
“And that is something that is testament to what Pete's built. Back to you. Thank you. Page 22. We are branchless. We're a unique bank. We had to open up digital deposit accounts for business customers, not consumers, but business customers.”
Proxy statement
Start not stated–present
Last confirmed April 24, 2026
Start not stated–present
Last confirmed May 2, 2022
NEWT
Banks - Regional · Financial Services
Board Member
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2025 | NewtekOne, Inc. (NEWT) | President, Newtek Bank | $750,000 | $850,000 |
| 2024 | NewtekOne, Inc. (NEWT) | President, Newtek Bank (formerly Chief Lending Officer) | $700,000 | $955,000 |
| 2023 | NewtekOne, Inc. (NEWT) | President, Newtek Bank (formerly Chief Lending Officer) | $625,000 | $875,000 |
| 2022 | NewtekOne, Inc. (NEWT) | President, Newtek Bank (formerly Chief Lending Officer) | $550,000 | $1,175,000 |
| 2021 | NewtekOne, Inc. (NEWT) | Chief Lending Officer | $550,000 | $1,050,000 |
| 2020 | NewtekOne, Inc. (NEWT) | Chief Lending Officer | $550,000 | $650,000 |
| 2019 | NewtekOne, Inc. (NEWT) | Chief Lending Officer | $491,667 | $646,667 |
| 2018 | NewtekOne, Inc. (NEWT) | Chief Lending Officer | $443,333 | $918,333 |
| 2017 | NewtekOne, Inc. (NEWT) | Chief Lending Officer | $404,167 | $604,167 |