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. We show 37 historical shares outstanding datapoints in our coverage of LTXB's shares outstanding history.
Understanding the changing numbers of LTXB shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like LTXB versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching LTXB by allowing them to research LTXB shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
