Nexbank Capital, Inc, is a top regional bank based in Dallas, Texas. Nexbank’s client base is centered around three main services: Investment Banking, Commercial Banking, and Mortgage Banking. Nexbank primarily serves financial institutions, corporations across the United States and institutional clientele.
Founded in 1922, Nexbank has consistently built a strong financial services corporation with focus on serving large corporations, real estate investors, and middle-market companies alike. As of December 31, 2016, Nexbank showed assets in excess of $4.6 billion.
In June 2016 Nexbank completed a common equity capital raise in the amount of $24 million. The proceeds from this effort will be used to further fund general corporate projects.
For the first half of 2016, Nexbank reported a net income in the amount of $38.1 billion with ROAE (Return On Average Equity)of 37.6%. Matt Siekielski, Nexbank’s Executive Vice President and Chief Operations Officer stated, “With this raise in capital we are in an optimum position to continue to move forward with the growth of Nexbank scalable business across the board.”
John Holt, President and CEO of Nexbank, said, “We are elated with the overwhelming success of this capital raise, , and we greatly appreciate the positive response we have received from our shareholders. This raise will provide even more support to ensure the continued growth and opportunities for development for Nexbank”
Nexbank is also widely known for it’s support and donations to the communities it serves n both a local and more extensive scale. In December 2015 Nexbank acquired College Savings Bank of Princeton, New Jersey. This financial institution oversaw 529 college college savings programs. Regarding this acquisition Holt said, “Nexbank will now be even better able to meet the needs of our clients, who include a large number of families who are saving for college.”
Following the horrific sniper attack on police officers in downtown Dallas on July 8, 2016, Nexbank was one of the first financial institutions to step up and donate funds to the officers who were injured in the line of duty and to the families of those officers who were injured in the line of duty, and to the families of the officers who lost their lives. Holt issued a statement saying, “The only thing we as a community can do in the face of such a terrible time is to come together and help those who are suffering in every way possible. Of curse nothing can undo the devastation of such a senseless attack, but hopefully it will alleviate some of the pain by letting the victims know the entire state of Texas is there for them and will be providing support following their ordeal.”