NexBank Capital, Inc is a financial service company that is based in Dallas, Tx. Just recently, the financial organization announced that it had scooped top three categories for its efficiency, equity, and asset quality. The S & P Global holds this event every year to rank the best the banks that are best performing in the U.S community.
In the event, NexBank Capital came first throughout the nation on the return on average tangible common equity, abbreviated as ROATCE. The bank also got itself the second position for its efficiency ratio and came third among the country’s banks with $3 to $10 billion worth of assets.
S&P Global Market Intelligence ranked the country’s best performing banks with $3 to $10 billion worth of assets basing on six basic financial performance metrics for the past one year, which ended in the 31st day of December 2018. These performance metrics included the following:
The pre-tax return on the average tangible common equity
The net interest edge
Net discounts as a percentage of the average loans
Adjusted Texas ratio
The efficiency ratio
With its headquarters in Dallas, NexBank is currently the 10th largest bank throughout the state of Texas. Nationwide, this bank is ranked as the 158th largest bank. It has a rich history that dates back to 1934 when it was established. Eighty-four years down the line in 2018, NexBank has grown to 85 employees at the three locations, namely 2515 Mckinney Ave, Suite 1100, 6121 Luther Lane, and 2515 Mckinney Avenue, Suite 1700. At the moment, the bank’s money market rates are five times that of the national average enabling it to score a B health rating.
The bank’s leadership merges industry expertise as well as an intense focus to serve its customers. Its objective is to provide the best financial services to all its individual, institutional and corporate clients. The able team is led by Mr. James Dondero, who is the bank’s chairman, as well as the co-founder and president of Highland Capital Management, L.P. The bank also has a knowledgeable cream of directors who brings with them a breadth of management, coupling it with extensive leadership experience. The entire team’s focal point is to be committed to the bank’s success by offering customer satisfactory and professional financial services.