NexBank Capital is a very popular financial services company. The company serves the consumer by offering three core businesses: Mortgage Banking, Commercial Banking and Investment Banking. The institution offers its clients customized banking and financial services mostly to the leading financial companies, institutional clients, individual and corporations in the whole country. NexBank Capital is headquartered in Dallas, and it has several branches in different parts of the country.
Just recently, NexBank Capital published its financial results for the year that ended in 2015 and the fourth quarter. According to the consolidated results, the financial services company managed to reach a record level for assets, loans, earnings and deposits for four consecutive years.
The net income from the company also increased from one year to the other, and last year, it managed to reach fifty three million. The return of average equity for the company was reported to have grown significantly up to thirty five perfect when compared to the twenty three percent that was registered in the year 2014. According to the fourth quarter report, the net income for the company was sixteen million and the ROAE was reported to be 37%.
NexBank Capital reported that its total assets for the year was almost three billion, and this was a forty eight percent growth compared to what the company reported in 2014. In the year 2015, the company total loans were increased by over forty two percent. The deposits to the institution also grew significantly in the year, reaching almost two billion.
NexBank Capital is considered to be one of the leading regional banks in the United States. One of its affiliates NexBank SSB is believed to have played a huge role in the institutions growth, and it also maintained its capitalized status in the competitive market.
The Chief Executive Officer and president of the company, John Holt said that the good results were a reflection of the efficiency and profitability of the institution. In the past years, the company has increased its earnings, improved its assets and its deposit channels.