Nexbank recently made a release of their last quarter financial report for the year 2015. According to the release, it is fair to say that the bank is doing quite well, having witnessed a steady financial growth for the last four years, consecutively.
The company’s president and CEO seemed to be quite satisfied with last year’s financial results of the company. He quoted that the company had observed an enormous growth in its total assets. This is all attributed to the increased earnings in this year.
In the same financial year, the company recorded a growth in their deposits. The growth is deposits was as a result of acquiring College Savings Bank. This acquisition added to their total deposits for the year.
Overall, the continuous growth of the company is attributed to their strategic positioning within the market. The company, being dedicated to commercial clients, has seen them develop products that efficiently suit the needs of their clients.
NexBank Capital Inc. in Brief
NexBank is a leading regional provider for financial services to both commercial and individual clients. The company history can be traced back to the year 1922, when they started serving the banking community in the United States. The company is led by John Dondero, who is also the co-founder and president of Highland Capital Management.
NexBank majors in three core lines of business. The company offers mortgage banking. Mortgage banking services by the company are in two forms, wholesale and warehouse. They also offer commercial and investment banking services on various platforms. For the past four years, the company has been witnessing massive growth in all aspects of its business.