Prosperity Bancshares, Inc. (PB)
Stock Price Chart
Key Info
| Market Cap | 5.41B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 429.64M |
| Shares Out | 92.66M |
| EPS (ttm) | 5.03 |
| PE Ratio | 11.62 |
| Forward PE | 11.09 |
| Dividend | $1.84 |
| Dividend Yield | 3.15% |
Stock Quote
| Trading Day | Aug 10, 2020 |
| Last Price | $58.43 |
| Previous Close | $57.78 |
| Change ($) | 0.65 |
| Change (%) | 1.12% |
| Day's Open | 58.25 |
| Day's Range | 57.96 - 59.59 |
| Day's Volume | 193,647 |
| 52-Week Range | 42.02 - 75.22 |
More Stats
| Market Cap | 5.41B |
| Enterprise Value | 5.67B |
| Earnings Date (est) | Oct 21, 2020 |
| Ex-Dividend Date | Jun 12, 2020 |
| Shares Outstanding | 92.66M |
| Float | 88.65M |
| EPS (basic) | 4.96 |
| EPS (diluted) | 5.03 |
| FCF / Share | 6.70 |
| Dividend | $1.84 |
| Dividend Yield | 3.15% |
| Earnings Yield | 8.61% |
| FCF Yield | 11.46% |
| Payout Ratio | 36.10% |
| Shares Short | 3.08M |
| Short Ratio | 5.17 |
| Short % of Float | 3.47% |
| Beta | 1.42 |
| PE Ratio | 11.62 |
| Forward PE | 11.09 |
| P/FCF Ratio | 8.73 |
| PS Ratio | 5.34 |
| PB Ratio | 0.88 |
| Revenue | 1.01B |
| Operating Income | 518.19M |
| Net Income | 429.64M |
| Free Cash Flow | 620.38M |
| Net Cash | -260.39M |
| Net Cash / Share | -2.81 |
| Gross Margin | 80.41% |
| Operating Margin | 51.08% |
| Profit Margin | 42.40% |
| FCF Margin | 61.15% |
| ROA | 1.55% |
| ROE | 8.53% |
| ROIC | 1.90% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 816 | 729 | 719 | 727 | 744 | 774 | 577 | 450 | 378 | 358 |
| Revenue Growth | 11.86% | 1.4% | -1.08% | -2.24% | -3.87% | 34.09% | 28.18% | 19.24% | 5.33% | - |
| Gross Profit | 816 | 729 | 719 | 727 | 744 | 774 | 577 | 450 | 378 | 358 |
| Operating Income | 419 | 403 | 406 | 409 | 430 | 446 | 330 | 252 | 214 | 192 |
| Net Income | 333 | 322 | 272 | 274 | 287 | 297 | 221 | 168 | 142 | 128 |
| Shares Outstanding | 68.40 | 69.84 | 69.48 | 69.48 | 70.03 | 69.77 | 65.95 | 56.43 | 46.89 | 46.66 |
| Earnings Per Share | 4.52 | 4.61 | 3.92 | 3.94 | 4.09 | 4.32 | 3.65 | 3.23 | 3.01 | 2.73 |
| EPS Growth | -1.95% | 17.6% | -0.51% | -3.67% | -5.32% | 18.36% | 13% | 7.31% | 10.26% | - |
| Dividend Per Share | 1.69 | 1.49 | 1.38 | 1.24 | 1.12 | 0.99 | 0.89 | 0.82 | 0.74 | 0.65 |
| Dividend Growth | 13.42% | 7.97% | 11.29% | 10.81% | 12.69% | 11.57% | 9.2% | 10.88% | 13.95% | - |
| Operating Cash Flow | 403 | 320 | 391 | 334 | 311 | 348 | 308 | 210 | 218 | 178 |
| Capital Expenditures | -13.27 | -2.07 | -1.10 | 8.61 | 3.68 | 16.69 | -11.65 | 4.41 | 4.72 | 21.49 |
| Free Cash Flow | 390 | 318 | 390 | 343 | 314 | 365 | 296 | 214 | 223 | 199 |
| Cash & Equivalents | 574 | 411 | 392 | 437 | 564 | 678 | 381 | 326 | 213 | 159 |
| Total Debt | 1,807 | 1,316 | 829 | 1,311 | 807 | 492 | 499 | 796 | 153 | 527 |
| Net Cash / Debt | -1,233 | -905 | -437 | -874 | -243 | 186 | -118 | -470 | 60.71 | -368 |
| Assets | 32,186 | 22,693 | 22,587 | 22,331 | 22,037 | 21,508 | 18,642 | 14,584 | 9,823 | 9,477 |
| Liabilities | 26,215 | 18,641 | 18,763 | 18,689 | 18,574 | 18,263 | 15,855 | 12,494 | 8,255 | 8,024 |
| Book Value | 5,971 | 4,053 | 3,824 | 3,642 | 3,463 | 3,245 | 2,787 | 2,089 | 1,567 | 1,452 |
Company Profile
Company Details
| Full Name | Prosperity Bancshares, Inc. |
| Country | United States |
| Employees | 3,793 |
| CEO | David E. Zalman |
Stock Information
| Ticker Symbol | PB |
| Stock Exchange | New York Stock Exchange |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NYSE: PB |
| IPO Date | November 12, 1998 |
Description
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, 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 loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services, as well as debit and credit cards. As of December 31, 2019, the Bank operated 285 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 33 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; 8 in the Tulsa, Oklahoma area; and 42 in the Dallas/Fort Worth area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.