Prosperity Bancshares, Inc. (PB)
| Market Cap | 7.14B |
| Revenue (ttm) | 1.14B |
| Net Income (ttm) | 513.42M |
| Shares Out | 91.31M |
| EPS (ttm) | 5.59 |
| PE Ratio | 14.00 |
| Forward PE | 11.04 |
| Dividend | $2.11 (2.70%) |
| Ex-Dividend Date | Dec 14, 2022 |
| Volume | 514,336 |
| Open | 77.37 |
| Previous Close | 77.53 |
| Day's Range | 77.23 - 78.44 |
| 52-Week Range | 64.69 - 78.44 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 79.34 (+1.39%) |
| Earnings Date | Jan 25, 2023 |
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 2021, PB's revenue was $1.13 billion, a decrease of -0.79% compared to the previous year's $1.14 billion. Earnings were $519.30 million, a decrease of -1.82%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for PB stock is "Buy." The 12-month stock price forecast is $79.34, which is an increase of 1.39% from the latest price.
News
Prosperity Bancshares (PB) Could Be a Great Choice
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?
Prosperity Bancshares (PB) Up on Q4 Earnings Beat, Revenue Rise
Prosperity Bancshares (PB) records a rise in revenues in the fourth quarter of 2022. A marginal decline in expenses is another positive.
Prosperity Bancshares (PB) Surpasses Q4 Earnings Estimates
Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.67% and 0.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2022 EARNINGS
Fourth quarter net income of $137.9 million and earnings per share (diluted) of $1.51 Fourth quarter net income increased 8.7% compared to fourth quarter 2021 Loans, excluding Warehouse Purchase Progr...
Cedar Realty Trust Declares Dividends on Preferred Stock
VIRGINIA BEACH, VA / ACCESSWIRE / January 20, 2023 / Cedar Realty Trust, Inc. (the "Company") announced today that its Board of Directors (the "Board") declared the payment of a cash dividend of $0.45...
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
HOUSTON , Jan. 18, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the first ...
Prosperity Bancshares (PB) Reports Next Week: Wall Street Expects Earnings Growth
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.
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
HOUSTON , Jan. 17, 2023 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock ...
Altera Infrastructure emerges from Chapter 11 with a strengthened balance sheet and foundation for long-term growth
WESTHILL, United Kingdom, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Altera Infrastructure L.P. and certain of its subsidiaries (“ Altera ”), one of the world's leading suppliers of infrastructure assets to th...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON , Dec. 20, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, January 2...
Prosperity Bancshares (PB) Dips on Q3 Earnings Miss, Cost Hike
Prosperity Bancshares (PB) records a rise in revenues and expenses in the third quarter of 2022.
Prosperity Bancshares (PB) Lags Q3 Earnings and Revenue Estimates
Prosperity Bancshares (PB) delivered earnings and revenue surprises of -1.32% and 0.64%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Watch These 4 Stocks That Recently Announced Dividend Hikes
Prosperity Bancshares, Inc. (PB), Brown & Brown, Inc. (BRO), SL Green Realty Corp. (SLG) and S&T Bancorp, Inc. (STBA) recently hiked dividends.
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
HOUSTON , Oct. 19, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.55 per share for the fourth...
PROSPERITY BANCSHARES, INC.® TO ACQUIRE FIRST BANCSHARES OF TEXAS, INC.
HOUSTON and MIDLAND, Texas , Oct. 11, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc. ® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank ® , and First Bancshares of Texas, Inc. ("Firs...
PROSPERITY BANCSHARES, INC.® TO ACQUIRE LONE STAR STATE BANCSHARES, INC.
HOUSTON and LUBBOCK, Texas , Oct. 11, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and Lone Star State Bancshares, Inc. ("Lone S...
PROSPERITY BANCSHARES, INC.® ANNOUNCES DIRECTOR CHANGES
HOUSTON , Oct. 6, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank® (the "Bank"), has announced several changes to its Board of Direc...
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2022 EARNINGS CONFERENCE CALL
HOUSTON , Sept. 29, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, October 2...
Prosperity Bancshares (PB) Upgraded to Buy: Here's What You Should Know
Prosperity Bancshares (PB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
5 Reasons to Invest in Prosperity Bancshares (PB) Stock Now
Prosperity Bancshares (PB) stock looks like a good investment option, given its strong fundamentals and decent growth prospects.
Why Prosperity Bancshares (PB) is a Great Dividend Stock Right Now
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?
Why Prosperity Bancshares (PB) is a Top Dividend Stock for Your Portfolio
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?
Prosperity Bancshares (PB) is a Top Dividend Stock Right Now: Should You Buy?
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?
Altera Infrastructure executes Restructuring Support Agreement with majority of secured lenders, enters Chapter 11 to strengthen capital structure and position for long-term growth
WESTHILL, United Kingdom, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Altera Infrastructure L.P. and certain of its subsidiaries (“ Altera ”), one of the world's leading suppliers of infrastructure assets to th...