LegacyTexas Financial Group is a bank holding company. Through its wholly owned subsidiary, LegacyTexas Bank, Co.'s principal business consists of accepting 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. Co. provides a range of deposit accounts that provide a range of interest rates and terms, generally including savings, money market, certificate of deposit and demand accounts. The LTXB average annual return 10 years is shown above.
The Average Annual Return on the LTXB average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether LTXB average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the LTXB average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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