LegacyTexas Financial Group (LegacyTexas Financial Group) Pretax Margin % : 34.94% (As of Jun. 2019)

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What is LegacyTexas Financial Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LegacyTexas Financial Group's Pre-Tax Income for the three months ended in Jun. 2019 was $34.2 Mil. LegacyTexas Financial Group's Revenue for the three months ended in Jun. 2019 was $97.8 Mil. Therefore, LegacyTexas Financial Group's pretax margin for the quarter that ended in Jun. 2019 was 34.94%.

The historical rank and industry rank for LegacyTexas Financial Group's Pretax Margin % or its related term are showing as below:

LTXB's Pretax Margin % is not ranked ^*
in the Banks industry.
Industry Median: 32.77
* Ranked among companies with meaningful Pretax Margin % only.

LegacyTexas Financial Group Pretax Margin % Historical Data

The historical data trend for LegacyTexas Financial Group's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LegacyTexas Financial Group Pretax Margin % Chart

LegacyTexas Financial Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Pretax Margin %

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31.97

38.20

45.62

43.53

46.16

LegacyTexas Financial Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Pretax Margin %	Get a 7-Day Free Trial															36.99	55.20	55.57	40.57	34.94

Competitive Comparison of LegacyTexas Financial Group's Pretax Margin %

For the Banks - Regional subindustry, LegacyTexas Financial Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LegacyTexas Financial Group's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LegacyTexas Financial Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where LegacyTexas Financial Group's Pretax Margin % falls into.

LegacyTexas Financial Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

LegacyTexas Financial Group's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2018 )	/	Revenue (A: Dec. 2018 )
	=	174.822	/	378.768
	=	46.16 %

LegacyTexas Financial Group's Pretax Margin for the quarter that ended in Jun. 2019 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	34.16	/	97.768
	=	34.94 %

LegacyTexas Financial Group (NAS:LTXB) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

LegacyTexas Financial Group Pretax Margin % Related Terms

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LegacyTexas Financial Group (LegacyTexas Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LegacyTexas Financial Group Inc (NAS:LTXB) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

5851 Legacy Circle, Plano, TX, USA, 75024

Website

http://www.legacytexasfinancialgroup.com

LegacyTexas Financial Group Inc operates through its wholly owned subsidiary, LegacyTexas Bank. The bank's business consists of collecting deposits, both from individuals and the business community, and investing those funds in commercial real estate, commercial and industrial loans, permanent loans secured by mortgages, and consumer loans. Its operating revenue is principally derived from interest earned on earning assets, including loans and investment securities, and service charges and fees on deposits and other account services. Its operational focus is commercial banking, as reflected by its majority representation in the bank's loan portfolio. The bank's primary market area is North Texas.