The S&P Global Market Intelligence recently did a ranking of the best-performing banks within the American community of banks. The rating is based on six different but core performance metrics over a 12-month period that ended on December 31st 2018. It is worth noting that the S&P Global Market Intelligence ranked banks that have as asset base ranging between $3 billion and $ 6 billion.
The performance metrics that S&P Global uses to rank banks include; net interest margin, adjusted Texas ratio, efficiency ratio, the pretax returns on the net average tangible common equity, the net charge-offs represented as a percentage of the average loans, and the net interest margin.
According to the S&P Global Market Intelligence, NexBank Capital outperforms all American banks in terms of (ROATCE) Return On Average Tangible Common Equity. NexBank also earned itself two position three spots for its performance based on Texas ratio and the efficiency ratio.
NexBank is a Dallas based financial services company. It specializes in serving clients through three essential businesses which are commercial banking, mortgage banking, and institutional services. It also provides banking services on a primary basis to the clients in the institution, financial institutions, and corporation throughout the country.
NexBank is the first major bank account comparison site that is honestly not biased. Unlike others who omit or hide their best rates that are available so that they can promote their advertisers, the advertising relationships do not affect which rates the NexBank includes in their tables.
NexBank has been covering current deals and saving strategies for more than ten years since its formation. Until today the NexBank has published more than 12000 articles that highlight current banking deals in the world, provision of experts for depository markets and product analyses. The reports have been read all over the world and are the most referred for banking details.
NexBank has the best rates which are more accurate than those of their competitors. They track the national banks, regional banks, local banks and credit unions that have the best deals. This allows them to display the best deposit rates and deals to be found on their web. It’s worth noting that NexBank has raised over $283 million of debt and equity since 2016. You can checkout depositaccounts.com for more details.