Newtek Business Services Corp. (NASDAQ:NEWT) Q2 2023 Earnings Call Transcript

Christopher Nolan: Given that it does have a very differentiated business model, are you finding more resistance from bank regulators who are having a difficult time getting their hands around your business?

Barry Sloane: It wouldn’t have surprised me if in fact, the regulators would pause. And so far, we haven’t seen that at all. So, I would say we’ve been blessed that everything we said we’re going to do and our plan we’ve done, including excessive amounts of capital. Good performance. So, no, the answer is it wouldn’t have surprised me if that occurred. It just has not, and we don’t see any hints of that occurring, at least–

Christopher Nolan: Got it. Okay. Thank you.

Operator: There are no further questions now. You may continue for closing remarks, Mr. Sloane.

Barry Sloane: I can’t thank everybody enough. And I appreciate everyone being patient, take down the call and get their questions in. So, thank you all very much. Look forward to reporting Q3 and Q4, and delivering everything one step at a time. Thanks so much. Have a good day.

Operator: This concludes today’s conference call. Thank you all for attending. You may now disconnect.