NexBank Named Among Nation's Top Banks
Earns Two Top-10 Spots in S&P Global Market Intelligence Ranking for Best-Performing Banks of 2016
DALLAS, April 4, 2017 /PRNewswire/ -- NexBank Capital, Inc. placed in the top 10 in two categories in the latest S&P Global Market Intelligence ranking of the best-performing community banks with $1 billion to $10 billion in assets. NexBank Capital, Inc. ranked fifth in the nation based on pretax return on equity and ranked as the tenth best-performing community bank in the country based on its overall score.
S&P Global Market Intelligence used six core financial metrics for the 12-month period ended December 31, 2016 to identify the best-performing U.S. community banks between $1 billion and $10 billion in asset size. The metrics used include pretax return on average tangible common equity, net charge-offs as a percentage of average loans, efficiency ratio, adjusted Texas ratio, net interest margin on a fully taxable equivalent basis and loan growth.
About NexBank Capital, Inc.
NexBank Capital, Inc. is a financial services company that serves its clients through three core businesses: Commercial Banking, Mortgage Banking and Institutional Services. NexBank provides customized financial and banking services primarily to institutional clients, financial institutions, and corporations nationwide. www.NexBank.com
NexBank SSB is a member of the FDIC.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/nexbank-named-among-nations-top-banks-300434521.html
SOURCE NexBank
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