Richard J. Salute net worth and biography

Richard Salute Biography and Net Worth

Director of NewtekOne

A veteran accounting and audit executive, with over 40 years’ of experience, Mr. Salute will serve on the Board and as Chairman of the Audit Committee. Mr. Salute served as a Managing Partner of the Long Island office of CohnReznick, where he was the Capital Markets and SEC Practice Director until his retirement in April of 2012. Additionally, during his tenure at CohnReznick, he was the engagement partner on NewtekOne’s account for approximately 5 years through 2010. Prior to CohnReznick, Mr. Salute spent nearly 30 years at Arthur Anderson, a global accounting firm, managing complex audits for medium- and large-sized public and private companies, and was responsible for providing his clients with strategic planning services as well as consultation in areas of corporate finance, mergers and acquisitions and process evaluation. Throughout his career, Mr. Salute has been the key accounting and finance professional in numerous initial public offerings and had an integral role in raising capital in the public markets for many of his clients. During his career, he has represented a multitude of publicly traded clients.

What is Richard J. Salute's net worth?: The estimated net worth of Richard J. Salute is at least $577.23 thousand as of December 8th, 2025. Mr. Salute owns 44,505 shares of NewtekOne stock worth more than $577,230 as of April 30th. This net worth approximation does not reflect any other assets that Mr. Salute may own. Learn More about Richard J. Salute's net worth.
How do I contact Richard J. Salute?: The corporate mailing address for Mr. Salute and other NewtekOne executives is 4800 T Rex Avenue Suite 120, Boca Raton FL, 11042. NewtekOne can also be reached via phone at (212) 356-9500 and via email at [email protected]. Learn More on Richard J. Salute's contact information.
Has Richard J. Salute been buying or selling shares of NewtekOne?: Richard J. Salute has not been actively trading shares of NewtekOne during the past quarter. Most recently, on Monday, December 8th, Richard J. Salute bought 900 shares of NewtekOne stock. The stock was acquired at an average cost of $11.28 per share, with a total value of $10,152.00. Following the completion of the transaction, the director now directly owns 44,505 shares of the company's stock, valued at $502,016.40. Learn More on Richard J. Salute's trading history.
Who are NewtekOne's active insiders?: NewtekOne's insider roster includes Craig Brunet (Director), Frank DeMaria (Insider), Michael Price (CFO), Halli Razon-Feingold (CAO), Richard Salute (Director), Michael Schwartz (Insider), Barry Sloane (CEO), and Gregory Zink (Director). Learn More on NewtekOne's active insiders.
Are insiders buying or selling shares of NewtekOne?: In the last twelve months, NewtekOne insiders bought shares 19 times. They purchased a total of 60,445 shares worth more than $687,919.55. The most recent insider tranaction occured on January, 14th when CEO Barry Sloane bought 3,595 shares worth more than $50,006.45. Insiders at NewtekOne own 6.7% of the company. Learn More about insider trades at NewtekOne.
Information on this page was last updated on 1/14/2026.

Richard J. Salute Insider Trading History at NewtekOne

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
12/8/2025	Buy	900	$11.28	$10,152.00	44,505
8/1/2025	Buy	2,100	$11.24	$23,604.00	43,605
12/23/2024	Buy	1,000	$12.82	$12,820.00	34,117
9/20/2024	Buy	500	$11.73	$5,865.00	33,117
11/22/2023	Buy	200	$13.03	$2,606.00	28,843
3/22/2023	Buy	1,100	$12.59	$13,849.00	26,575
5/15/2020	Buy	500	$14.35	$7,175.00	16,344
3/18/2020	Buy	1,200	$10.19	$12,228.00
3/12/2020	Buy	1,555	$12.88	$20,028.40	14,644
5/6/2019	Buy	282	$22.97	$6,477.54	11,123
6/13/2018	Buy	250	$19.98	$4,995.00	9,373
6/11/2018	Buy	247	$20.24	$4,999.28	8,873
11/10/2017	Buy	1,468	$17.07	$25,058.76	7,734
5/15/2017	Buy	800	$17.42	$13,936.00	6,734
5/12/2017	Buy	800	$17.15	$13,720.00	5,934
5/11/2017	Buy	800	$16.87	$13,496.00	5,134
1/4/2016	Buy	91	$13.69	$1,245.79	1,797

Richard J. Salute Buying and Selling Activity at NewtekOne

NewtekOne Company Overview

NewtekOne, Inc. operates as the bank holding company for Newtek Bank, National Association that engages in the provision of various business and financial solutions under the Newtek brand name to the small- and medium-sized business market. The company accepts demand, savings, NOW, money market, and time deposits; and provides loans including SBA loans, commercial and industrial loans, and commercial real estate loans. It is also involved in the provision of electronic payment processing services comprising credit and debit card processing services, check approval services, processing equipment, and software, as well as cloud-based Point of Sale systems for a various restaurant, retail, assisted living, taxi cabs, parks, and golf course businesses. In addition, it offers wholesale brokerage insurance agency services; and payroll management, and related payment and tax reporting services to independent business owners. Further, the company provides website hosting, dedicated server hosting, cloud hosting, web design and development, internet marketing, ecommerce, data storage, backup and disaster recovery, and other related services, including consulting and implementing technology solutions for enterprise and commercial clients as well as SMBs. The company was formerly known as Newtek Business Services Corp. and changed its name to NewtekOne, Inc. in January 2023. NewtekOne, Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

Today's Range

Now: $12.97

$12.35

$13.12

50 Day Range

MA: $12.07

$10.46

$13.13

2 Week Range

Now: $12.97

$9.51

$14.91

Volume

204,072 shs

Average Volume

244,518 shs

Market Capitalization

$373.94 million

P/E Ratio

5.92

Dividend Yield

5.86%

Beta

1.22