LegacyTexas Financial Group

Financial Services banks investment lending mortgages

With more than $7.5 billion in assets and 47 locations in 19 North Texas cities, we’re one of the largest locally based banks in the area. While those numbers are significant, our relationships are even more so. We believe in our customers. Their goals. Their dreams. Their ambitions for tomorrow. And since 1952, we’ve been doing whatever it takes to support them as they advance in business and life. In addition to commercial banking, business banking and consumer banking, we offer a full range of financial services through our Mortgage Division and our subsidiary companies, LegacyTexas Insurance and LegacyTexas Title.

Market capitalization(2017-10-19)

$1.8 B

Total Loans Issued(Q2, 2017)

$7.6 B

Company Growth (employees)

Type

Public

Plano, US

Founded

1952

Size (employees)

870 (est)

Website

legacytexasfinancialgroup.com

LegacyTexas Financial Group was founded in 1952 and is headquartered in Plano, US

LegacyTexas Financial Group Office Locations

LegacyTexas Financial Group has offices in Plano, Frisco, Addison, Grand Prairie and in 7 other locations

Plano, US (HQ)

1200 5851 Legacy Cir

Show all (11)

LegacyTexas Financial Group Financials and Metrics

LegacyTexas Financial Group Financials

Summary

USD

LegacyTexas Financial Group's current market capitalization is $1.8 b.

Income Statement

Annual

USD	FY, 2016
Cost of goods sold	35.1 m
Sales and marketing expense	96.4 m
R&D expense	15 m
General and administrative expense	15 m

Quarterly

USD	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cost of goods sold	5.1 m	5.3 m	7.3 m	8 m	9.4 m	11 m
Sales and marketing expense	23.6 m	24.3 m	23.4 m	23.9 m	24.7 m	25.3 m
R&D expense	2.5 m	2.8 m	3.3 m	3.7 m	4 m	3.9 m
General and administrative expense	3.8 m	3.6 m	3.7 m	3.8 m	3.8 m	3.7 m

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Balance Sheet

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	88 m	132 m	615.6 m	289.2 m
PP&E	53.3 m	48.7 m	77.6 m	74.2 m
Goodwill	29.7 m	29.7 m	180.8 m	178.6 m
Total Assets	3.5 b	4.2 b	7.7 b	8.4 b

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	165.9 m	90.3 m	283.9 m	192 m	241.7 m	316.8 m	422.6 m	277.9 m	355 m
PP&E	52 m	51.1 m	81.8 m	80.1 m	79.2 m	71.3 m	71.2 m	72.3 m	72.3 m
Goodwill	29.7 m	29.7 m	179.3 m	180.6 m	180.6 m	180.8 m	178.6 m	178.6 m	178.6 m
Total Assets	4 b	4 b	6.5 b	6.7 b	6.9 b	7.6 b	8.1 b	8.4 b	8.4 b

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Cash Flow

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	31.7 m	31.3 m	70.9 m	97.8 m
Depreciation and Amortization	4.5 m	4.4 m	7.2 m	7.1 m
Cash From Operating Activities	65.6 m	52 m	89.2 m	132.4 m
Cash From Investing Activities	133 m	(606.9 m)	(1.1 b)	(1 b)

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	16.5 m	25.8 m	16.3 m	36.6 m	54.5 m	22.1 m	45.3 m	72.5 m	18.2 m
Depreciation and Amortization	2.2 m	3.3 m	1.8 m	3.6 m	5.5 m	1.8 m	3.5 m	5.3 m	1.8 m
Cash From Operating Activities	34.8 m	57.1 m	11.5 m	55 m	88.6 m	55.7 m	75 m	137.6 m	96.6 m
Cash From Investing Activities	(354.8 m)	(433.8 m)	(254 m)	(519.8 m)	(682.7 m)	(171.4 m)	(554.2 m)	(1.1 b)	(25.2 m)

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Ratios

	Y, 2017
Financial Leverage	9.4 x

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LegacyTexas Financial Group Operating Metrics

LegacyTexas Financial Group's Total Loans Issued was reported to be $7.6 b in Q2, 2017

	FY, 2014	Q1, 2015	Q2, 2015	Q3, 2015	FY, 2015	Q1, 2016	Q2, 2016	Q3, 2016	FY, 2016	Q1, 2017	Q2, 2017
Bank Branches	48				47				44
Total Loans Issued	$3.39 b	$5.2 b	$5.45 b	$5.61 b	$6.06 b	$6.24 b	$6.61 b	$7.05 b	$7.05 b	$7.04 b	$7.6 b
Non-performing Loans	$23.51 m	$22.87 m	$26.85 m	$66.41 m	$38.22 m	$43.5 m	$42.85 m	$40.87 m	$111.39 m	$107.4 m	$99.2 m