NexBank Capital Inc. Reports High Financial Returns in 2015

NexBank Capital Inc. reported strong financial returns in the fourth quarter of 2015 as well as for the whole financial year ending 2015. The firm reached record levels of total earnings, loans, deposits and assets which is an incredible feat.

NexBank is a financial services company that is based in Dallas, Texas. In 2015, its net income reached an all-time high of $53.2 million after a year-over-year increase. The firm’s Return on Average Equity (ROAE) also grew to 35 percent (in 2015) compared to 2014’s net income and ROAE of $25.6 million and 23 percent respectively. For the fourth quarter alone, net income in 2015 was $16.2 million compared to $10.2 million in 2014. On the other hand, ROAE in the fourth quarter of 2015 was 37 percent compared to 33 percent in 2014.

NexBank also reported that its total assets in 2015 reached $2.72 billion, a 48 percent growth from the previous year. In addition, loans increased by 42 percent to $1.97 billion while total deposits reached $1.88 billion (a 32 percent increment). This amazing unprecedented growth at the firm was largely thanks to NexBank SSB, one of the leading banks in the region and a huge client of NexBank. NexBank continues to improve its market base in the region while looking to increase is clients, assets base and returns in 2016.

NexBank Capital, Inc.

NexBank Capital Inc. is a top financial services firm that serves its customers using three core businesses: Mortgage Banking, Investment Banking and Commercial Banking. NexBank provides customized banking and financial services to financial institutions, institutional clients, individuals and corporations. It is also a member of FDIC.

The mission of the company is to deliver unique value to all its clients at every opportunity. It provides its clients with unrivaled access to custom-tailored and sophisticated financial solutions that are delivered by highly experienced professionals. The firm is led by James Dondero as Chairman. Source: https://www.nexbank.com/about-nexbank-capital.htm