Dallas-based Bank Ranked Best in a Review of the Best Performing Banks in the US

Posted on July 7, 2019

March 27, 2019, was an eventful day for Dallas-based NexBank Capital Inc. The financial institution sent out a press release indicating that it had topped in 3 categories for its returns on asset quality, efficiency, and equity. The announcement came on the heels of the release of a list prepared by S&P Global Market Intelligence.

The annual list is used to rank the best-performing US-based Community Banks and financial institutions. The bank ranked number 1 countrywide for its annual ROATCE (return on average tangible common equity).

Additionally, NexBank Capital also ranked number three in two categories; for its Texas ratio and efficiency ratio among Community Banks in the U.S. with three billion dollars to ten billion dollars. This was in relation to its assets base.

S&P Global Market Intelligence uses a total of six essential financial indicators to rank the best performing Community Banks in the U.S with a $3 billion to $10 billion asset base. The metrics used in this report were for a twelve-month period, which came to an end on December 31, 2018.

The metrics taken into account include loan growth, pretax returns on the average tangible common equities, net interest margin, net charge-offs considered as a percent of the banks’ average loans, the adjusted Texas ratio, and the efficiency ratio.

About NexBank Capital, Inc.

NexBank Capital, Inc. is a banking institution committed to providing financial services to its clients based on three primary business models: Institutional Services, Mortgage Banking, and Commercial Banking. The bank seeks to provide tailored banking and financial services to corporations, financial organizations, and institutions in Dallas, and around the country.

The bank opened its doors in 1934 and has been operating since then. It is actively involved in local community affairs where it hopes to make a meaningful impact through economic development, loan programs, community services, and financial education. NexBank strives to build a strong and sustainable community for Dallas residents and the surrounding counties.

Its mission is to deliver and provide uncommon value in every opportunity that it finds. For this reason, the bank aims to provide unrivaled and unparalleled access to custom and sophisticated banking solutions. It works with experienced in-house professionals with proven track records in the banking and financial sectors to help it deliver its promises. For more info you can checkout amazon.com






Categories: Bank Industry

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