NexBank is a well-known U.S. Bank. Recently, the financial institution was honored to announce that they had been ranked well in the S&P Global Market Intelligence. The ranking process is carried out annually, and it is dependent on many factors including efficiency, return on equity, and asset quality. NexBank was glad to be ranked as No.1 since their annual ROATCE (return on average tangible common equity) was impeccable. The efficiency and Texas ratio at NexBank is also one of the reasons why the financial institution has been receiving numerous awards of late.

The banks that were ranked by S&P Global Market Intelligence were managing assets that were worth between $3 billion to $10 billion. The ranking process also involved the use of a performance metric that had six cores. Additionally, the ranking process was also determined by the performance of these banks in 12 months. The six performance metrics are efficiency ratio, pre-tax return on average tangible common equity, adjusted Texas ratio, net charge-offs, loan growth, and interest margin.

About NexBank

The financial services organization has focused on offering different services, and they are mortgage banking, commercial banking, and institutional services. Their financial and banking services are also customized. The NexBank client base also comprises of nationwide corporations and financial institutions.

NexBank has also gone a step further to make sure that all these professionals have a proven track record. At the end of 2018, NexBank had assets that were worth $8.3 billion. The bank has also met the complex needs that have been presented by some of its clients. The services offered by the bank are as follows:

  1. Commercial Banking-
  • Treasury Management.
  • Credit Services.
  • Commercial Lending.
  • Agency Services.
  • Commercial Real Estate Lending.
  • Correspondent Banking.
  1. Mortgage Banking
  • Wholesale and Correspondent Lending.
  • Warehouse Lending.
  1. Institutional Services
  • Real Estate Advisory.
  • Public funds.
  • Investment Banking.
  • Financial Institutions.
  • Treasury Management.
  1. Personal Banking
  • Mortgages.
  • Checking.
  • Savings.

John Holt is the president and CEO of NexBank. He is also honored to work with professionals such as James Dondero who is an investment expert. Dondero is a part of the board of directors, and his input at NexBank has also been invaluable. For more details you can checkout bizjournals.com