Nexity Financial Corporation - Sales Analysis Snapshot

Business Description
This Report provides a comprehensive Sales & Margin summary analysis for Nexity Financial Corporation Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.

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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