Prosperity Bancshares, Inc. (PB)

NYSE: PB · IEX Real-Time Price · USD
78.25
+0.72 (0.93%)
Feb 3, 2023, 4:00 PM EST - Market closed
0.93%
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]

Sector Financials
IPO Date Nov 12, 1998
Employees 3,592
Stock Exchange NYSE
Ticker Symbol PB
Full Company Profile

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 Statements

Analyst 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.

Price Target
$79.34
(1.39% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

1 week ago - Zacks Investment Research

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.

1 week ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

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...

1 week ago - PRNewsWire

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...

Other symbols: WHLR
2 weeks ago - Accesswire

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 ...

2 weeks ago - PRNewsWire

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.

2 weeks ago - Zacks Investment Research

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 ...

2 weeks ago - PRNewsWire

These 15 Dividend Aristocrat stocks have been the best income builders

The S&P Dividend Aristocrats deserve more coverage.

3 weeks ago - Market Watch

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...

3 weeks ago - GlobeNewsWire

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...

1 month ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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?

3 months ago - Zacks Investment Research

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.

Other symbols: BROSLGSTBA
3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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?

4 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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...

6 months ago - GlobeNewsWire