Nexbank is a community bank based in Dallas, TX that provides services such as commercial banking, institutional services and mortgage banking. Nexbank is proud to assist financial institutions of all kinds, as well as big companies and entrepreneurs who work in real estate. The main focus is to bring quality financial service and to continue being innovative and responsive with clients.
One very important achievement of Nexbank was the amazing capital raise of $24 million in early 2016. This move opens up so many doors for improvement for major company operations. Nexbank has been doing very well and reported a net income of $38.1 million in 2016. As the company expands, so does the total worth of assets coming to a staggering $3.5 billion.
Matt Siekielski, Executive Vice President and CEO of Nexbank, came out and said that the company is very pleased with the capital raise and that they plan to reach new levels. Enjoying a new and generous rating from Kroll Bond Rating Agency, Nexbank now has access to more financial options that will improve business. Specifically, the company had its senior unsecured debt rating bumped up from BBB- to BBB. Additionally, Nexbank SSB had a rating boost with its deposit and senior unsecured debt from BBB to BBB+.