Growing Strong – Dallas Bank

Nexbank continued its growth in the year 2015. The Dallas-based financial services company reported an increase in year-over-year net income to $53.2 million and an increase in Return on Average Equity (ROAE) to 35% for 2015. That compares to net income of $25.6 million and ROAE of 23% for 2014. Nexbank enjoyed its fourth consecutive year of record earnings, assets, loans, and deposits. Total assets were $2.72 billion at the end of 2015, up 48% over 2014. Total loans increased 42% in 2015 to $1.97 billion, and total deposits increased 32% to $1.88 billion. Fourth quarter results were also strong in 2015, with net income of $16.2 million and ROAE of 37%, compared to $10.2 million and 33% for fourth quarter 2014.

Nexbank is a popular financial institution, based in Dallas Texas. Nearly 100 years old, Nexbank offers personal banking services, as well as extensive commercial banking services. Individuals can open a checking or savings account and apply for a mortgage with Nexbank. Certificates of deposit are also available. Private customers can take advantage of online banking for maximum convenience. Utilizing online banking, customers can make deposits and withdrawals twenty four hours per day, seven days per week, from wherever they have an Internet connection. The bank helps customers to cut down on paper in their lives with online bill pay. Mobile banking is available, too, with iPhone or Android.

For business customers, Nexbank offers commercial lending, commercial mortgage lending, credit services, and treasury services. Nexbank also offers investment banking, including mergers and acquisitions, corporate finance, recapitalization and restructuring, operations advisory, and real estate advisory. Nexbank also does business as Nexbank SSB, Nexbank Securities, Inc., Nexbank Title, Inc., and Nexwash, LLC. NexBank SSB acquired College Savings Bank on November 30, 2015. Commercial banking and advisory services are offered nationwide.

Founded in 1922, Nexbank serves many individual customers, as well some of the largest clients in the institutional markets. Led by Chairman James Dondero, the management team includes knowledgeable and experienced banking professionals.

“For 2016, Nexbank remains focused on our client base and the development of our businesses in the U.S. We continue to be well positioned to capture opportunities that expand and strengthen our product offering,” said Matt Siekielski, Chief Operating Officer of Nexbank Capital, Inc.

Sources:

https://www.depositaccounts.com/banks/nexbank.html

http://www.prnewswire.com/news-releases/nexbank-reports-strong-fourth-quarter-and-full-year-2015-results-300235572.html

Andy Wirth – Squaw Valley CEO Elected Chairman of Regional Air Service Corporation

Andy Wirth has another impressive accomplishment to his long list of impressive accomplishments. He is now the elected chairman of the Regional Air Service Corporation, which promotes air service into the Reno-Tahoe International Airport and promotes flights throughout the world.

The Reno-Tahoe airport has plenty of opportunity for individuals looking to travel to and from the Lake Tahoe area. This airport is a crucial component of how individuals from outside of the Lake Tahoe area are able to travel there for vacation.

This brings together expertise and marketing money to increase the quality of air service in the area. His expertise has served him well as he worked to make the ski area a top destination for people looking to go on vacation. His work has also extended beyond the Lake Tahoe region, to Utah, Colorado, and Canada.

Andy Wirth is also an avid skydiver, who was nearly killed when he was once forced to land in a vineyard. This meant that when he jumped out of the airplane, a pole in the vineyard cut his arm off.

He was hospitalized for 3 months as a result of his accident.  Learn more about Andy Wirth: http://www.powder.com/tag/andy-wirth/

He is a firm believer in community service and protecting the environment. His skydiving accident motivated him to start a Wounded Warrior Project team that raises money for the Navy Seals Foundation. This is because the accident gave him another appreciation for life that many people in the military are faced with on a daily basis.

Andy Wirth also made an appearance on the hit TV Series “Undercover Boss” which featured him doing many of the tasks which ensure that the guests have a great experience.

He was able to fill the shoes of his employees and look for opportunities to recognize the hard work which goes into his organization. The tasks which he performed on the show include shoveling snow and interacting with guests. He was even able to see all of the great aspects of working in a ski resort.

Duda Melzer Looks To Bring RBS Into New Media Industry

 

The news that Duda Melzer has been appointed to the position of Chairman of the RBS Group board of directors did not come as a shock to those who have followed his career trajectory closely over the years. Eduardo Sirotsky Melzer, better known by his nickname Duda, is the grandson of the founder of the RBS Group, Mauricio Sirotsky Sobrinho, who established the company as one of the top media outlets in Brazil and around the world. Where his grandfather sought to develop the company as a newspaper, TV, and radio giant, the latest Chairman has been charged with the task of bringing RBS to the fore in the latest new technologies in the media industry.

There is more to Duda Melzer than simply his high profile as a media executive, in fact he has become known as one of the most popular and respected followers of horse racing in the world.

Over the course of his career at RBS Duda Melzer has overseen a number of high profile campaigns designed to highlight the social consciousness of the RBS Group in the 21st century; Melzer was acting as CEO of RBS when campaigns to highlight issues surrounding child abuse and social justice were unveiled. As the focus of RBS continues to move towards new media these campaigns are shifting to a digital environment that is reflected in the career of Duda Melzer that saw him become an executive for new media companies in the U.S.

http://www.espacovital.com.br/publicacao-27301-nelson-sirotsky-vai-deixar-a-presidencia-do-grupo-rbs

http://www.portalmakingof.com.br/eduardo_sirotsky_melzer_assume_presidencia_executiva_do_grupo_rbs.html

On The Rise After Significant Increase In Assets

Dallas based financial company Nexbank Capital Inc. reported a substantial increase in revenue for the 2015 quarter. The company has seen a constant increase over the years, but reached record breaking levels in earnings and assets this year. In 2015 NexBank reported a Return On Average Equity totaled $53.2 million, which was a major increase from just the year before which totaled $23%. Their assets totaled $2.72 billion, which was a 48% increase from 2014. Year after year the company has seen a tremendous amount in financial increase as we as an increase in assets and deposits.

NexBank Reports Strong Fourth Quarter and Full Year 2015 Results

NexBank Capital was founded in 1934 with a goal of providing financial services in the areas of Commercial Banking, Mortgage Banking and Investment Banking. They service several leading financial institutions all around the world. It is the 17th largest bank in Texas and the 288th largest in the world. NexBank is committed to providing a variety of services to their clients, that help make their financial management practices easier and more efficient.

The financial firm has a strong and experienced team of executives. It is through the teamwork of their top leadership that NexBank was able to achieve such success and financial growth over the last year. Under the leadership of their President and Chief Executive Officer John Holt, the company has seen an increase of $2.7 in assets. He also led the company to an expansion of their services to help better meet their goals as a company, as well of the goals of their clients.

http://www.texasbankers.com/Texas_Bankers/News_Releases/Texas_Banks_Donate_to_Dallas_Police_Fund.aspx