Nexity Financial Corporation

Nexity Financial Corporation

NXTYQ
Nexity Financial CorporationUS flagOther OTC
0.00
USD
- -
- -
777.00Market Cap
2000 Y
2001 Y
2002 Y
2003 Y
2004 Y
2005 Y
2006 Y
2007 Y
TTM
Revenue per Share
0.34
0.58
0.34
0.32
2.61
3.07
3.18
3.45
3.92
Basic EPS, GAAP
-0.83
-0.19
0.18
0.67
0.77
0.61
0.72
0.65
-0.6
Free Cash Flow per Basic Share
- -
- -
- -
0.69
1.01
0.68
0.77
0.84
-0.6
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
-0.91
-0.16
0.46
1.12
1.81
1.16
Tangible Book Value per Share
3.93
3.57
3.84
4.28
4.99
8.41
7.56
7.95
7.62
Basic Weighted Avg Shares
7
7
7
7
7
7
8
8
8
Sales/Revenue/Turnover
2
4
2
2
18
23
27
28
30
Operating Margin (%)
-391.88
-202.67
-378.98
-411.92
31.12
29.79
35.46
26.65
-28.96
Depreciation Expense
- -
- -
- -
1
1
- -
- -
- -
- -
Net Income, GAAP
-5
-1
1
5
5
5
6
5
-5
Effective Tax Rate (%)
- -
- -
272.98
- -
4.84
33.08
36.38
29.55
55.82
Profit Margin (%)
-247.79
-33.54
51.44
209.11
29.61
19.94
22.56
18.77
-15.33
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
- -
- -
96
107
117
122
134
184
Total Equity
26
24
26
31
36
63
65
67
60
Return on Invested Capital (%)
- -
- -
60.41
- -
3.92
2.81
3.31
2.67
3.8
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
94.07
43.64
-41.19

Capital Structure

FRC

in mil. unless spec.
Mar'08
Jun'08
Sep'08
ST Debt
31
32
7
LT Borrowings
172
183
184
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
55
38
12

Working Capital

FRC

in mil. unless spec.
Mar'08
Jun'08
Sep'08
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
9
11
15
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
31
32
7
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.99%
2.09%
Free Cash Flow
- -
- -
5.6%
Net Income, GAAP
- -
61.68%
-12.75%
Sales/Revenue/Turnover
- -
151.19%
4.85%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
7
7
7
6
27
2007
7
7
7
8
28
2008
9
8
6
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
0.15
0.18
0.19
- -
0.72
2007
0.19
0.14
0.18
- -
0.65
2008
0.09
-0.35
-0.49
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2006
- -
- -
- -
- -
- -
2007
- -
- -
- -
- -
- -
2008
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Greg A. Lee
Sector
Financial Services
Industry
Banks - Regional
Address
3500 Blue Lake Drive Birmingham AL United States of America 35243
IPO Date
Sep 21, 2005
Business
Nexity Financial Corporation Nexity Financial Corporation (NXTYQ), a bank holding company founded in 1999 and headquartered in Birmingham, Alabama, provides commercial banking services through its subsidiary Nexity Bank. The company offers correspondent banking services, including loan participations, fixed income investment services, clearing and cash management services, and funds management programs; it also provides internet banking and bank-related services to community banks. Nexity Bank operates primarily in the southeastern United States, including Alabama, Georgia, North Carolina, South Carolina, and Texas, targeting community banks and commercial clients. In July 2010, Nexity Financial Corporation filed for Chapter 11 bankruptcy protection with a plan to restructure its debt, after which its common stock trades at a nominal value of $0.00 over-the-counter under the NXTYQ ticker, indicating a lack of active operations or delisting from major exchanges. No significant acquisitions, partnerships, funding rounds, product launches, or strategic expansions have been reported for the company in the last 1-2 years, reflecting its dormant status post-bankruptcy. The firm maintains a minimal employee base and focuses on legacy banking segments without recent operational changes or subsidiary developments.