Recently, NexBank Capital, Inc. released a report on the top categories for its return on efficiency, equity, as well as asset quality in the annual ranking of the Best-Performing U.S. Community Banks of S&P Global Market. NexBank Capital, Inc. came first on its annual ROATCE (return on average tangible common equity). Additionally, it won two number three positions for its efficiency ratio as well as Texas ratio competing with U.S. banks with assets worth between $3 billion and $10 billion.
Headquartered in Dallas, NexBank is one of the top 10 largest banks in Texas. Additionally, it is ranked top 200 largest bank in the country. Founded in 1934, the company grew rapidly and today, it has more than 85 employees at three different locations. The company’s money market rates five times the national average.
S&P Global Market Intelligence emerged among the best-performing U.S. community banks that have assets worth between $3 billion and $10 billion. The ranking was based on six main financial performance metrics for the one year period which ended December 31, 2018. The metrics include efficiency ratio, pretax ROATCE, adjusted Texas ratio, net charge-offs as a percentage of average loans, loan growth, as well as net interest margin.
At the helm of leadership of NexBank, James Dondero, serving as co-founder and President of Highland Capital Management, L.P., brings extensive management and leadership experience as well as a vast commitment to the success of the company.
About NexBank Capital, Inc.
According to bizjourals.com, the Dallas-based financial services company serves clients through three core businesses namely: mortgage banking, commercial banking, and institutional services. NexBank offers customized financial as well as banking services to financial institutions, institutional clients, as well as large corporations across the country, middle-market companies, and real estate investors. Its range of services are designed to help institutions, companies and individuals to meet a wide range of complex financial needs.
Beyond conducting business, NexBank is keen on impacting the community positively. It works to make a positive impact on the community it works, lives and serves in through financial education, loan programs, community services, as well as economic development. It is dedicated to influence sustainable changes as well as develop a stronger community for Dallas residents and other surrounding communities. You can checkout marketwatch.com for more details.