Prosperity Bancshares, Inc. (PB)
| Market Cap | 6.94B |
| Revenue (ttm) | 1.21B |
| Net Income (ttm) | 499.19M |
| Shares Out | 95.28M |
| EPS (ttm) | 5.23 |
| PE Ratio | 13.93 |
| Forward PE | 12.28 |
| Dividend | $2.32 (3.18%) |
| Ex-Dividend Date | Jun 13, 2025 |
| Volume | 1,084,495 |
| Open | 69.99 |
| Previous Close | 70.24 |
| Day's Range | 69.70 - 73.15 |
| 52-Week Range | 58.66 - 86.76 |
| Beta | 0.70 |
| Analysts | Buy |
| Price Target | 83.64 (+14.76%) |
| Earnings Date | Jul 23, 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; ... [Read more]
Financial Performance
In 2024, Prosperity Bancshares's revenue was $1.18 billion, an increase of 8.44% compared to the previous year's $1.09 billion. Earnings were $479.39 million, an increase of 14.33%.
Financial StatementsAnalyst Summary
According to 15 analysts, the average rating for PB stock is "Buy." The 12-month stock price target is $83.64, which is an increase of 14.76% from the latest price.
News
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2025 EARNINGS CONFERENCE CALL
HOUSTON , June 25, 2025 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2025 Earnings Announcement, scheduled before the market opens on Wednesday, July 23, ...
Forget About Dividend Yield, Do This Instead
Focus on dividend sustainability and business quality, not just high yield, to build reliable passive income. Avoid overexposure to cyclical sectors; prioritize companies with resilient dividends thro...
Prosperity Bancshares, Inc. (PB) Q1 2025 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB) Q1 2025 Earnings Conference Call April 23, 2025 11:30 AM ET Company Participants Charlotte Rasche - EVP and General Counsel David Zalman - Senior Chairman and CE...
Prosperity Bancshares: Solid Regional Bank On Sale
Prosperity Bancshares, Inc.'s Q1 earnings beat expectations with $130.2 million net income, driven by controlled expenses and improved net interest margins. PB stock is attractive relative to book val...
PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2025 EARNINGS
First quarter earnings per share (diluted) of $1.37, an increase of 16.1% compared to first quarter 2024 First quarter net income increased 17.9% to $130.2 million compared to first quarter 2024 First...
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON , April 16, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the secon...
Prosperity Bancshares: Set For Brighter Days Ahead
Texas's Prosperity Bancshares hasn't been the best performer in recent years, but this masks a very high-quality underlying business. Prosperity not only funds itself at a cheaper rate than similar-si...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2025 EARNINGS CONFERENCE CALL
HOUSTON , March 27, 2025 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2025 Earnings Announcement, scheduled before the market opens on Wednesday, April 23,...
Prosperity Bancshares, Inc. (PB) Q4 2024 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB) Q4 2024 Earnings Conference Call January 29, 2025 11:30 AM ET Company Participants Charlotte Rasche - EVP & General Counsel David Zalman - Senior Chairman & CEO ...
Prosperity Bancshares: Close Out This Great Trade, Run With House Money
Prosperity Bancshares offered a 60% return over 15 months; consider locking in gains and holding a house money position for long-term wealth. Q4 earnings beat expectations with $307.6 million in reven...
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
HOUSTON , Jan. 21, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock ...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL
HOUSTON , Dec. 23, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, January 2...
Prosperity Bancshares: No Longer A Buy, But The Dividend Is Still Interesting
Prosperity Bancshares has shown strong performance and solid fundamentals, but a recent rally suggests a more cautious approach with a hold rating. The bank's strategic focus on Texas and Oklahoma MSA...
17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buyin...
Prosperity Bancshares, Inc. (PB) Q3 2024 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB) Q3 2024 Earnings Conference Call October 23, 2024 11:30 AM ET Company Participants Charlotte Rasche - Executive Vice President and General Counsel David Zalman -...
PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2024 EARNINGS
Board approved increase in dividend of 3.57% to $0.58 for fourth quarter 2024, representing the 21st consecutive annual increase, with a compound annual growth rate of 11.1% Net income of $127.3 milli...
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
HOUSTON , Oct. 16, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the fourth...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2024 EARNINGS CONFERENCE CALL
HOUSTON , Sept. 25, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, October 2...
Prosperity Bancshares: There Is Still Room For Further Upside
Prosperity Bancshares has achieved a 25% return in 3 months, driven by market expectations of rate cuts, enhancing credit demand prospects. PB's strategic location in high-growth Texas and Oklahoma MS...
Prosperity Bancshares, Inc. (PB) Q2 2024 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB) Q2 2024 Earnings Conference Call July 24, 2024 11:30 AM ET Company Participants Charlotte Rasche - EVP and General Counsel David Zalman - Senior Chairman and CEO...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2024 EARNINGS CONFERENCE CALL
HOUSTON , June 26, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, July 24, ...
Prosperity Bancshares: Close To Being Part Of The Dividend Aristocrats Group
Prosperity Bancshares is an attractive bank for dividend investors, with a growing dividend and low cost of deposits. The bank operates in fast-growing metropolitan areas in Texas and Oklahoma, which ...