Nexbank is a Dallas, Texas based financial institution. According to recent article, “NexBank Reports Strong Fourth Quarter and Full Year 2015 Results” NexBank achieved top levels in 2015. NexBank’s net income reached 53.2 million and its Return of Average Equity (ROAE) reached 35% for 2015. The fourth quarter net income reported in at $16.2 million and its ROAE was 37%, a vast growth over the same quarter in 2014 which reported $10.2 million in net income and 33% ROAE. All this adds up to NexBank obtaining record levels in earning, assets, loans, and deposits four years in a row. At the end of 2015, NexBank assets equaled an astounding $2.72 billion, which is a 48% growth over the course of the year. In addition, Nexbank added the College Savings Bank to its assets in November of 2015.
NexBank Capitol, Inc is a financial banking company that specializes in 3 service areas: Commercial Banking, Mortgage Banking, and Investment Banking. NexBank serves the Dallas, Texas Banking community and has been in service since 1922. It is the 17th largest bank in Texas and the 288th largest in the nation. NexBank has grown through the years and now boasts 3 locations and 91 employees.
NexBank is a trusted banking institution. Nexbank uses its highly qualified personnel to serve financial institutions, institutional clients, corporations and individuals all across the United States. NexBank has money market rates that are two times the national average. It has an A rating on depositaccounts.com and an A+ rating with mybanktracker.com.