LegacyTexas Financial Group (LTXB) Reports Q2 EPS of $0.59

LegacyTexas Financial Group (NASDAQ: LTXB) reported Q2 EPS of $0.59, versus $0.74 reported last year.

• Core (non-GAAP) net income (which is net income adjusted for the impact of infrequent or non-recurring items) totaled $28.0 million for the quarter ended June 30, 2018, up $3.4 million from the first quarter of 2018 and up $28,000 from the second quarter of 2017.
• Basic earnings per share for the quarter ended June 30, 2018 was $0.59, an increase of $0.04 from the first quarter of 2018 and down $0.01 from the second quarter of 2017.
• Basic core (non-GAAP) earnings per share for the second quarter of 2018 was $0.59, up $0.07 from the first quarter of 2018 and down $0.01 from the second quarter of 2017.

"During the second quarter we continued to grow our customer base and franchise while positioning the Company for improved performance," said President and CEO Kevin Hanigan. "We will soon roll out enhancements to our digital product offerings and a new treasury management platform. We believe our customers, employees and shareholders will all benefit from our focus on building a top-tier performing bank."

For earnings history and earnings-related data on LegacyTexas Financial Group (LTXB) click here.

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