Prosperity Bancshares, Inc. (PB)

Market Cap	7.14B
Revenue (ttm)	1.15B
Net Income (ttm)	444.79M
Shares Out	95.26M
EPS (ttm)	4.69
PE Ratio	15.97
Forward PE	13.39
Dividend	$2.32 (3.10%)
Ex-Dividend Date	Dec 13, 2024

Volume	921,418
Open	73.50
Previous Close	74.11
Day's Range	73.50 - 76.01
52-Week Range	57.16 - 86.76
Beta	0.93
Analysts	Buy
Price Target	82.00 (+9.41%)
Earnings Date	Jan 22, 2025

About PB

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; ...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Nov 12, 1998
• Employees: 3,850
• Stock Exchange: NYSE
• Ticker Symbol: PB
• Website: https://www.prosperitybankusa.com

Financial Performance

In 2023, Prosperity Bancshares's revenue was $1.09 billion, a decrease of -5.15% compared to the previous year's $1.15 billion. Earnings were $419.32 million, a decrease of -20.06%.

Analyst Forecast

According to 11 analysts, the average rating for PB stock is "Buy." The 12-month stock price forecast is $82.0, which is an increase of 9.41% from the latest price.

Price Target

$82.0

(9.41% upside)

Analyst Consensus: Buy