Company Quick10K Filing
LegacyTexas Financial
10-Q 2019-06-30 Filed 2019-07-24
10-Q 2019-03-31 Filed 2019-04-23
10-K 2018-12-31 Filed 2019-02-07
10-Q 2018-09-30 Filed 2018-10-24
10-Q 2018-06-30 Filed 2018-07-25
10-Q 2018-03-31 Filed 2018-04-25
10-K 2017-12-31 Filed 2018-02-08
10-Q 2017-09-30 Filed 2017-10-24
10-Q 2017-06-30 Filed 2017-07-25
10-Q 2017-03-31 Filed 2017-04-25
10-K 2016-12-31 Filed 2017-02-09
10-Q 2016-09-30 Filed 2016-10-25
10-Q 2016-06-30 Filed 2016-07-26
10-Q 2016-03-31 Filed 2016-04-25
10-K 2015-12-31 Filed 2016-02-26
10-Q 2015-09-30 Filed 2015-10-27
10-Q 2015-06-30 Filed 2015-07-29
10-Q 2015-03-31 Filed 2015-04-29
10-K 2014-12-31 Filed 2015-02-25
10-Q 2014-09-30 Filed 2014-10-28
10-Q 2014-06-30 Filed 2014-07-29
10-Q 2014-03-31 Filed 2014-04-29
10-K 2013-12-31 Filed 2014-02-26
10-Q 2013-09-30 Filed 2013-11-12
10-Q 2013-06-30 Filed 2013-07-30
10-Q 2013-03-31 Filed 2013-04-30
10-K 2012-12-31 Filed 2013-02-20
10-Q 2012-09-30 Filed 2012-10-30
10-Q 2012-06-30 Filed 2012-07-26
10-Q 2012-03-31 Filed 2012-04-27
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-10-27
10-Q 2011-06-30 Filed 2011-07-28
10-Q 2011-03-31 Filed 2011-04-28
10-K 2010-12-31 Filed 2011-03-03
10-Q 2010-09-30 Filed 2010-11-04
10-Q 2010-06-30 Filed 2010-07-26
8-K 2019-10-31 M&A, Shareholder Rights, Control, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2019-10-28 Shareholder Vote
8-K 2019-10-23
8-K 2019-10-21
8-K 2019-10-11 Other Events
8-K 2019-10-08 Other Events, Exhibits
8-K 2019-07-24 Earnings, Other Events
8-K 2019-06-16 Officers, Exhibits
8-K 2019-06-16 Enter Agreement, Regulation FD, Exhibits
8-K 2019-05-20 Shareholder Vote
8-K 2019-05-17 Regulation FD, Exhibits
8-K 2019-04-24 Regulation FD, Exhibits
8-K 2019-04-23 Earnings, Other Events
8-K 2019-04-10 Other Events, Exhibits
8-K 2019-03-01 Other Events, Exhibits
8-K 2019-01-23 Regulation FD, Exhibits
8-K 2019-01-22 Earnings, Other Events
8-K 2019-01-09 Other Events, Exhibits
8-K 2018-12-10 Other Events, Exhibits
8-K 2018-10-17 Regulation FD, Exhibits
8-K 2018-10-16 Earnings, Other Events
8-K 2018-10-09 Other Events, Exhibits
8-K 2018-07-18 Regulation FD, Exhibits
8-K 2018-07-17 Earnings, Other Events
8-K 2018-07-05 Other Events, Exhibits
8-K 2018-05-21 Shareholder Vote
8-K 2018-05-18 Regulation FD, Exhibits
8-K 2018-04-18 Regulation FD, Exhibits
8-K 2018-04-17 Earnings, Other Events
8-K 2018-04-04 Other Events, Exhibits
8-K 2018-03-01 Officers, Other Events
8-K 2018-01-24 Regulation FD, Exhibits
8-K 2018-01-23 Earnings, Other Events
8-K 2018-01-10 Other Events, Exhibits

LegacyTexas Financial Financials

LTXB Metrics, Comps, Filings

Quarterly | Annual

Business

LegacyTexas Financial Group, Inc. is a Maryland corporation and LegacyTexas Bank is its wholly owned principal operating subsidiary. Unless the context otherwise requires, references in this document to the "Company" refer to LegacyTexas Financial Group, Inc. and references to the "Bank" refer to LegacyTexas Bank, the Company's wholly owned operating subsidiary. References to "we," "us," and "our" mean LegacyTexas Financial Group, Inc. and/or LegacyTexas Bank, as the context requires.

Regulators of the Bank are the Texas Department of Banking ("TDOB") and the Board of Governors of the Federal Reserve System ("FRB") with back-up oversight by the Federal Deposit Insurance Corporation ("FDIC.") The Bank is a Federal Reserve member bank required to have certain reserves and stock set by the FRB and a member of the Federal Home Loan Bank of Dallas, one of the 12 regional banks in the Federal Home Loan Bank System ("FHLB"). The Company is regulated by the FRB.

Our principal business consists of attracting retail deposits from the general public and the business community and investing those funds, along with borrowed funds, in commercial real estate loans, secured and unsecured commercial and industrial loans, as well as permanent loans secured by first and second mortgages on one- to four-family residences and consumer loans. Additionally, the Warehouse Purchase Program allows mortgage banking company customers to close one- to four-family real estate loans in their own name and manage their cash flow needs until the loans are sold to investors. Our operating revenues are derived principally from interest earned on interest-earning assets, including loans and investment securities, and service charges and fees on deposits and other account services. Our primary sources of funds are deposits, FHLB advances and other borrowings, and payments received on loans and securities. We offer a variety of deposit accounts that provide a wide range of interest rates and terms, generally including savings, money market, certificate of deposit and demand accounts.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
BankUnited (BKU) 3,274 0% 3.9 1% 32,951 30,041 9 0 276 893 3,448
Flagstar Bancorp (FBC) 2,156 0% 4.9 1% 22,048 20,314 858 0 214 463 2,264
Capitol Federal Financial (CFFN) 1,956 0% 7.0 1% 9,340 8,004 17 0 94 244 1,702
LegacyTexas Financial (LTXB) 1,892 5.6 2% 9,936 8,793 0 99 157 289 1,629
Columbia Financial (CLBK) 1,806 0% 18.5 1% 7,070 6,078 3 0 56 155 2,877
Axos Financial (AX) 1,703 0% 2.5 1% 11,771 10,655 32 0 159 405 1,000
Provident Financial Services (PFS) 1,620 0% 5.8 1% 9,918 8,521 31 0 122 235 1,359
Meta Financial Group (CASH) 1,262 0% 7.5 2% 6,183 5,339 487 0 100 179 1,352
Oceanfirst Financial (OCFC) 1,193 5.9 1% 8,135 6,991 0 0 92 175 1,037
Brookline Bancorp (BRKL) 1,187 9.5 1% 7,878 6,946 0 0 88 209 1,995
Kearny Financial (KRNY) 1,149 7.1 1% 6,641 5,530 0 0 42 144 1,020
Beneficial Bancorp (BNCL) 1,034 2.6 1% 5,807 4,757 0 0 34 69 181
Northfield Bancorp (NFBK) 794 0% 8.8 1% 4,808 4,118 4 0 30 82 724
Dime Community Bancshares (DCOM) 775 0% 5.3 1% 6,425 5,816 4 0 42 124 662
First Defiance Financial (FDEF) 575 5.2 1% 3,351 2,933 0 0 49 90 463
Access National (ANCX) 571 0% 8.5 1% 3,021 2,579 9 0 27 53 446
Sterling Bancorp (SBT) 518 2.7 2% 3,322 2,971 0 0 59 136 371
HomeTrust Bancshares (HTBI) 463 0% 5.0 1% 3,655 3,242 8 0 28 69 346
Waterstone Financial (WSBF) 460 16.2 1% 2,005 1,618 0 0 27 56 910
Farmers & Merchants Bancorp (FMAO) 314 5.9 1% 1,575 1,347 0 0 17 34 200

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash515446457061695358748812216690132284192242616317423278289355318327293295260254269275264
Accounts Receivable
Inventory
PP&E484950505453975353539953525186828079113717172110727170109707172115108106
Assets2,9643,2353,1813,0413,6933,6363,6633,3743,5943,3843,5253,6043,9513,9514,1646,5136,6706,8797,6927,5628,0578,4408,3628,4378,9709,0699,0868,8669,2499,0839,0519,3469,936
Accounts Payable
Long-Term Debt1,6141,0611,2681,016
Liabilities2,5572,8292,7742,6293,1873,1203,1422,8433,0612,8442,9813,0533,3943,3863,5965,7515,8936,0866,8886,7397,2147,5737,4777,5378,0458,1198,1267,8868,2488,0437,9578,2258,793
Stockholders' Equity4074074064135065165215315335405445505575645687617777938048238438678859009259509609791,0011,0401,0941,1211,143
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Revenue
Cost of Revenue
Gross Profit888789951620181622232725182829152628432927
R&D
SG&A
Tax234496255434553911109121314148141528671187
Net Income551078111088878995162018162223272518282915262843582927
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash Operating-259-138112-179-69-31317-124292-419132122-51144341561963-5974352-34854867919
Cash Investing3184329513422-40-77-42293-48-306-79-173-254-266-163-449-171-383-53873-25-575-88-81218-436150-281-577
Cash Financing259-54-146110-7517-293207-23414069329-19220394130179822-183469331-57-64954550-265346-241208547