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Nexity Financial Corp NXTYQ

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
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1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

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Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Nexity Financial Corp is a financial holding company which was formed to enter the commercial banking business and to invest in other bank-related businesses. The company is engaged in two areas of the commercial banking industry: correspondent banking and Internet banking.

Contact
3500 Blue Lake Drive, Suite 330
Birmingham, AL, 35243
T +1 205 298-6391
Sector Financial Services
Industry Banks - Regional
Most Recent Earnings Sep 30, 2008
Fiscal Year End Dec 31, 2012
Stock Type Distressed
Employees 117