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Wright Reports > Earnings Analysis Report > N > Nexity Financial Corporation

Nexity Financial Corporation - Earning & Dividend Analysis Snapshot

This detailed Report provides an Earnings and Dividends history for Nexity Financial Corporation. Tabular results include up to a ten-year history of "as reported" Earnings per Share and Dividends per Share plus a calculation of the amount of earnings paid out over the year in dividends (i.e. Payout Ratio). Earnings and Dividends are presented on both a Quarterly and Annual basis. An annual Percent Change factor is calculated for both Earnings and Dividends.

Nexity Financial Corporation. The Group's principal activity is to provide banking services. It provides a range of asset and fee-generating correspondent banking services to community banks. It uses internet-based technologies to deliver information and other ancillary products to our customer base. The customer base has two components namely community banks and retail customers nationwide. The banking services include the purchase and sale of loan participations with community banks, fixed income investment services and cash management programs. It competes in two areas namely correspondent banking and Internet banking. Correspondent banking services include loan participations, investment services, and clearing and cash management services. Internet banking division provides banking services to consumers and small businesses across the United States.

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