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Prosperity Bancshares, Inc. (PB)

Stock Price: $75.13 USD -0.19 (-0.25%)
Updated May 7, 2021 4:00 PM EDT - Market closed
Market Cap 6.96B
Revenue (ttm) 1.14B
Net Income (ttm) 531.37M
Shares Out 92.93M
EPS (ttm) 5.73
PE Ratio 13.11
Forward PE 13.35
Dividend $1.90
Dividend Yield 2.53%
Trading Day May 7
Last Price $75.13
Previous Close $75.32
Change ($) -0.19
Change (%) -0.25%
Day's Open 74.09
Day's Range 74.09 - 75.14
Day's Volume 418,562
52-Week Range 48.14 - 83.02

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Rise in deposit balance, no provisions and lower expenses drive Prosperity Bancshares (PB) Q1 results significantly, while decline in revenues and near-zero interest rates play spoilsport.

1 week ago - Zacks Investment Research

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 4.35% and 2.16%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Shares of Prosperity Bancshares (NYSE:PB) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share rose 3.60% year over year to $1.44, which beat the estimate of $...

1 week ago - Benzinga

HOUSTON, April 28, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, ...

1 week ago - PRNewsWire

Here we select five bank stocks - Huntington Bancshares (HBAN), Glacier Bancorp (GBCI), Regions (RF), New York Community Bancorp (NYCB) and Prosperity Bancshares (PB) - that are likely to pull off a pos...

Other stocks mentioned: GBCI, HBAN, NYCB, RF
2 weeks ago - Zacks Investment Research

HOUSTON, March 29, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, April 28, 20...

1 month ago - PRNewsWire

Growth in loan balance and solid deposit mix are likely to support Prosperity Bancshares' (PB) financials, while near-zero interest rates might hurt margins.

2 months ago - Zacks Investment Research

2021 is supposed to be a big year for bank mergers and acquisitions. Many banks have already expressed an interest in being a buyer.

Other stocks mentioned: BKU, CFG, FBC, NYCB, PBCT, STL
2 months ago - The Motley Fool

Prosperity posted a relatively good fourth quarter, with the earnings beat relative to the Street balanced between a core pre-provision beat and lower credit costs. The bank beat expectations, but core ...

3 months ago - Seeking Alpha

Revenue growth and nil provisions support Prosperity Bancshares' (PB) Q4 earnings despite lower rates.

3 months ago - Zacks Investment Research

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Shares of Prosperity Bancshares (NYSE:PB) moved higher by 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 2.78% over the past year to $1.48, w...

3 months ago - Benzinga

HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31...

3 months ago - PRNewsWire

HOUSTON, Jan. 26, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock rep...

3 months ago - PRNewsWire

As of Jan. 26, the GuruFocus All-in-One Screener, a Premium feature, found that the following companies have low price-earnings ratios and high dividend yields.

Other stocks mentioned: HUN, JEF, MDU, PHI
3 months ago - GuruFocus

PB vs. TCBI: Which Stock Is the Better Value Option?

Other stocks mentioned: TCBI
3 months ago - Zacks Investment Research

Barron's published 36 unique stock mentions and recommendations for 2021 into recent weekly issues. Barron's staff writers Andrew Bary and Lawrence C Strauss contributed. The 36 Barron's Blessed stocks ...

Other stocks mentioned: AAPL, BXS, CADE, CIT, GS, HBAN, KO ...
4 months ago - Seeking Alpha

HOUSTON, Dec. 29, 2020 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2020 Earnings Announcement, scheduled before the market opens on Wednesday, January 27, ...

4 months ago - PRNewsWire

The coronavirus vaccine-related news by Pfizer (PFE) will have positive financial implications on banks. So, almost all banks - big/small like JPMorgan (JPM), BofA (BAC), Citi (C), Wells Fargo (WFC), We...

Other stocks mentioned: BAC, C, JPM, WBS, WFC
5 months ago - Zacks Investment Research

Improvement in fee income and lower expenses support Prosperity Bancshares' (PB) Q3 earnings.

6 months ago - Zacks Investment Research

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Shares of Prosperity Bancshares (NYSE:PB) rose 0.9% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share rose 17.65% year over year to $1.40, which beat the ...

6 months ago - Benzinga

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 6.87% and 5.13%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

HOUSTON, Oct. 28, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended September 3...

6 months ago - PRNewsWire

Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

HOUSTON, Sept. 29, 2020 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2020 Earnings Announcement, scheduled before the market opens on Wednesday, October 28, ...

7 months ago - PRNewsWire

Prosperity Bancshares: A Credit Safe Haven And Good Long-Term Buy

8 months ago - Seeking Alpha

Prosperity Bancshares (PB) reported earnings 30 days ago. What's next for the stock?

8 months ago - Zacks Investment Research

Improvement in net interest income and loan balance supports Prosperity Bancshares' (PB) Q2 results amid low rates and coronavirus concerns.

9 months ago - Zacks Investment Research

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q2 2020 Results - Earnings Call Transcript

9 months ago - Seeking Alpha

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 10.62% and 2.00%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

9 months ago - Zacks Investment Research

Shares of Prosperity Bancshares (NYSE:PB) were unchanged in pre-market trading after the company reported Q2 results.

9 months ago - Benzinga

HOUSTON, July 29, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended June 30, 20...

9 months ago - PRNewsWire

Prosperity Bancshares (PB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Investing in growth-oriented stocks at the right time makes Wells Fargo (WFC) unattractive for investors, right now.

Other stocks mentioned: FRC, STT
10 months ago - Zacks Investment Research

Prosperity Bancshares (PB) remains well-poised for organic and inorganic growth. However, lower rates and increasing costs are major concerns.

10 months ago - Zacks Investment Research

Let's see if Prosperity Bancshares (PB) stock is a good choice for value-oriented investors right now from multiple angles.

10 months ago - Zacks Investment Research

HOUSTON, June 8, 2020 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank®, will be presenting at the 2020 Morgan Stanley Virtual US Financials Conference via ...

10 months ago - PRNewsWire

Prosperity Bancshares (PB) reported earnings 30 days ago. What's next for the stock?

11 months ago - Zacks Investment Research

Prosperity Bancshares (PB) records higher revenues in the first quarter of 2020. However, a rise in expenses hurt results to some extent.

1 year ago - Zacks Investment Research

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q1 2020 - Earnings Call Transcript

1 year ago - Seeking Alpha

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 15.83% and 3.21%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

While lower rates and rise in provisions are expected to have hurt banks' earnings in the first quarter, improved trading and mortgage banking performances, and decent lending activities are likely to h...

Other stocks mentioned: ABCB, HOPE, HTLF, STBA
1 year ago - Zacks Investment Research

Invest Alongside Insiders In These Dividend Stocks

Other stocks mentioned: ADC, ARCC, CSWC, MAIN, NHI, RILY, WPC
1 year ago - Seeking Alpha

Prosperity Bancshares CEO David Zalman on how the oil industry is faring amidst growing tensions

YouTube video

David Zalman, Prosperity Bancshares senior chairman and CEO and Dallas Fed Reserve Bank board member, joins 'Power Lunch' to discuss the oil market amid growing tensions between Saudi Arabia and Russia.

1 year ago - CNBC Television

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?

1 year ago - Zacks Investment Research

PB vs. BANC: Which Stock Is the Better Value Option?

Other stocks mentioned: BANC
1 year ago - Zacks Investment Research

Prosperity Bancshares (PB) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

1 year ago - Zacks Investment Research

Prosperity Bancshares (PB) reported earnings 30 days ago. What's next for the stock?

1 year ago - Zacks Investment Research

About PB

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

Industry
Banks-Regional
IPO Date
Nov 12, 1998
Stock Exchange
NYSE
Ticker Symbol
PB
Full Company Profile

Financial Performance

In 2020, PB's revenue was $1.14 billion, an increase of 40.03% compared to the previous year's $815.75 million. Earnings were $528.90 million, an increase of 59.04%.

Financial Statements

Analyst Forecasts

According to 14 analysts, the average rating for PB stock is "Buy." The 12-month stock price forecast is 78.60, which is an increase of 4.62% from the latest price.

Price Target
$78.60
(4.62% upside)
Analyst Consensus: Buy