John Holt, the CEO and President of NexBank Capital, recently captured the headlines by serving as a panelist an Annual Strategic Opportunities and M&A Conference for the Texas Bankers Association. Held in New Orleans, Louisiana, the summit focused on expounding on the critical topic “Reinventing Community Banking: Perspectives on Competing by Innovation”. The Annual Conference is essentially a platform for consultants, advisers and bank leaders to share perspectives and deliberate on vital opportunities and emerging challenges facing the business world, with a keen emphasis on community bank leaders.
Through the summit, held on November 7, 2016, participants are expected to explore crucial opportunities through M&A with the sole intention of promoting organic growth and development.
Profile of NexBank
NexBank is a leading financial service provider that focuses on a diverse range of services such as commercial lending, institutional services and mortgage banking. Since its formation in 2012, the company has overcome various odds to become a force to reckon with in the financial sector. Such unprecedented success couldn’t have been possible without the insightful leadership and acute business acumen of James Dondero, NexBank’s co-Founder. As a testament to their excellence, the company’s valuation of $5.3 billion in assets as of 2017 is nothing short of remarkable.
Mortgage banking plays an essential role at the core of company operations courtesy of its prime services: warehouse lending and wholesale and correspondent lending. The former entails the provision of warehouse lines with additional capital resources to effectively meet their business needs. In return, customers are offered reasonable terms and competitive rates for services rendered. The latter focuses on providing top of the range residential property to its esteemed clients on a mortgage basis.
On the other hand, commercial banking majorly revolves around the following critical services:
- Credit services
- Treasury management
- Commercial real estate lending
Institutional services essentially focus on real estate advisory prior to the acquisition of real estate as well as investment banking and treasury management.