Texas historical bank, Nexbank has served Dallas communities for 95 years providing banking and financial services to individuals, businesses, and institutions. The Dallas-headquartered commercial bank is placed in high rankings, for 2016, by S&P Global Market Intelligence, Independent Banker Magazine, and other associations. On April 4th, 2017, Nexbank excitedly announced, on PR Newswire, it ranked as the 10th best performing community bank in the country, based on its overall rating score. Nexbank is also ranked as the fifth bank in the nation, based on its pretax return on equity, one of the financial metrics applied by S&P to determine banks’ rankings.
Nexbank made S&P’s top 10 list of the best commercial banks with assets worth between $1 billion to $10 billion, from January 1st, 2016 to December 31st, 2016. Independent Banker Magazine named it as 2016 Top Performing Bank, The Best of the Best. The community bank is first on the list with assets valued at more than $1 billion, based on ROAE and ROAA. Bank Director Magazine listed Nexbank as the number two Residential Real Estate Lender in the nation, based on its total ROA for 2016 second quarter. The fourth largest bank in Dallas, TX has a BBB investment grade rating and a BBB+ bank deposit rating.
Nexbank was founded in the early 1920’s as Heritage Bank and renamed, in 2005, to Nexbank SSB. It’s recognized as one of the leading commercial banks in Texas to provide banking, institutional, and commercial lending services. Individuals are offered personal checking accounts, savings accounts, and mortgages. Nexbank also offers companies and corporations checking and savings accounts, mortgages, M&A, investment banking, finance, and advisory services. Its high rankings and ratings are well deserved for its prior year performance based on ROAs, ROAEs, and ROAAs.