LegacyTexas Financial Group provides various banking products and services in the United States. Its deposit products include interest-bearing and non-interest-bearing demand, savings, money market, certificates of deposit, and individual retirement accounts. The Company's lending products comprise commercial and consumer real estate loans; commercial and industrial loans; construction and land loans; and consumer loans, including new and used automobile loans, recreational vehicle loans, and loans secured by savings deposits, as well as permanent loans secured by first and second mortgages on one-to-four family residences.

It also offers insurance and title services; and brokerage services for the purchase and sale of non-deposit investment and insurance products through a third party brokerage arrangement.

TypePublic
HQPlano, US
Founded1952
Size (employees)859 (est)+3%
Websitelegacytexasfinancialgroup.com
LegacyTexas Financial Group was founded in 1952 and is headquartered in Plano, US
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LegacyTexas Financial Group Office Locations

LegacyTexas Financial Group has offices in Plano, McKinney, Grapevine, Grand Prairie and in 7 other locations
Plano, US (HQ)
1200 5851 Legacy Cir
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LegacyTexas Financial Group Financials and Metrics

LegacyTexas Financial Group Revenue

USD

Net income (Q3, 2018)

42.8m

EBIT (Q3, 2018)

85.7m

Market capitalization (17-Jan-2019)

1.8b

Closing stock price (17-Jan-2019)

38.1

Cash (30-Sep-2018)

254.3m

EV

2.5b
LegacyTexas Financial Group's current market capitalization is $1.8 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Cost of goods sold

21.6m35.1m55.4m

Sales and marketing expense

3.8m3.9m4.4m

General and administrative expense

14.9m15.0m14.4m

R&D expense

11.3m15.0m16.8m
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cost of goods sold

5.1m5.3m7.3m8.0m9.4m11.0m13.0m15.5m17.1m20.1m22.5m

Sales and marketing expense

1.0m645.0k1.0m1.0m751.0k817.0k1.2m980.0k888.0k1.4m824.0k

General and administrative expense

3.8m3.6m3.7m3.8m3.8m3.7m3.7m3.3m3.9m4.0m4.0m

R&D expense

2.5m2.8m3.3m3.7m4.0m3.9m3.9m4.3m4.7m5.1m5.4m
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017

Net Income

31.7m70.9m97.8m89.5m

Depreciation and Amortization

4.5m7.2m7.1m7.1m

Cash From Operating Activities

65.6m89.2m132.4m189.0m

Cash From Investing Activities

133.0m(1.1b)(1.0b)(769.9m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

24.4m7.7m16.5m25.8m36.6m54.5m22.1m45.3m72.5m18.2m46.1m74.8m25.8m53.6m96.4m

Depreciation and Amortization

3.4m1.1m2.2m3.3m3.6m5.5m1.8m3.5m5.3m1.8m3.6m5.4m1.7m3.4m5.1m

Cash From Operating Activities

484.9m13.4m34.8m57.1m55.0m88.6m55.7m75.0m137.6m96.6m139.9m192.0m48.2m102.5m188.3m

Cash From Investing Activities

(160.0m)(48.4m)(354.8m)(433.8m)(519.8m)(682.7m)(171.4m)(554.2m)(1.1b)(25.2m)(600.4m)218.2m(217.4m)(67.5m)
USDY, 2018

EV/EBIT

29.5 x

EV/CFO

13.4 x

Debt/Equity

0.9 x

Debt/Assets

0.1 x

Financial Leverage

8.7 x
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LegacyTexas Financial Group Operating Metrics

LegacyTexas Financial Group's Total Loans was reported to be $7.6b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches

48 47 44

Non-performing Loans

$23.51 m$22.87 m$26.85 m$66.41 m$38.22 m$43.50 m$42.85 m$40.87 m$111.39 m$107.40 m$99.20 m

Total Loans

$3.39 b$5.20 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$7.60 b
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LegacyTexas Financial Group Online and Social Media Presence

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LegacyTexas Financial Group News and Updates

LegacyTexas Financial Group, Inc. Announces Dates of Fourth Quarter and Full Year 2018 Earnings Release and Conference Call

PLANO, Texas, Jan. 9, 2019 /PRNewswire/ -- LegacyTexas Financial Group, Inc. (Nasdaq:LTXB) (the "Company"), the holding company for LegacyTexas Bank, today announced that it plans to release its fourth quarter and full year 2018 results after the close of the market on Tuesday, January...

LegacyTexas Financial Group, Inc. Announces Share Repurchase Program

PLANO, Texas, Dec. 10, 2018 /PRNewswire/ -- LegacyTexas Financial Group, Inc. (Nasdaq:LTXB) (the "Company"), the holding company for LegacyTexas Bank, today announced that the Board of Directors has authorized a share repurchase program which permits the repurchase of up to 5% of the...

LegacyTexas Financial Group, Inc. Announces Declaration of Quarterly Cash Dividend

PLANO, Texas, Oct. 16, 2018 /PRNewswire/ -- LegacyTexas Financial Group, Inc. (Nasdaq: LTXB) (the "Company"), the holding company for LegacyTexas Bank, today announced a quarterly cash dividend of $0.22 per share. The cash dividend is payable on November 9, 2018 to stockholders of record...
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LegacyTexas Financial Group Company Life and Culture

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LegacyTexas Financial Group Frequently Asked Questions

  • When was LegacyTexas Financial Group founded?

    LegacyTexas Financial Group was founded in 1952.

  • How many employees does LegacyTexas Financial Group have?

    LegacyTexas Financial Group has 859 employees.

  • Who are LegacyTexas Financial Group competitors?

    Competitors of LegacyTexas Financial Group include Zuger Kantonalbank, Valiant and Bankinter.

  • Where is LegacyTexas Financial Group headquarters?

    LegacyTexas Financial Group headquarters is located at 1200 5851 Legacy Cir, Plano.

  • Where are LegacyTexas Financial Group offices?

    LegacyTexas Financial Group has offices in Plano, McKinney, Grapevine, Grand Prairie and in 7 other locations.

  • How many offices does LegacyTexas Financial Group have?

    LegacyTexas Financial Group has 11 offices.