UPDATE August 25th 2016 — In a recent press release or PR Newswire, Nexbank reports strong 4th quarter results.
The AT&T Byron Nelson Golf Tournament has announced it will once again be co-sponsored by Nexbank. The bank is highly regarded in the Dallas area for their many sponsoring ventures of local community endeavors.
Nexbank is coming off of a record year as they reported higher than expected earnings for the entire year of 2015. They reported a year-end asset total of $2.72 billion, which is up nearly 50 percent from the previous year. They also initiated a long-term acquisition strategy in acquiring College Savings Bank in November 2015. The earnings and performance makes it four years in a row that Nexbank has experienced increased earnings and higher return on investments. Nexbank CEO John Holt credits the company’s innovative and efficient platform to their astonishing business performance in the banking industry. He also states that NexBank SSB, a regional banking division, should be credited with helping to maintain their robust capital base.