Prosperity Bancshares, Inc. (PB)

NYSE: PB · IEX Real-Time Price · USD
70.00
-0.83 (-1.17%)
May 18, 2022 4:00 PM EDT - Market closed
Market Cap6.45B
Revenue (ttm)1.12B
Net Income (ttm)508.31M
Shares Out92.18M
EPS (ttm)5.49
PE Ratio12.75
Forward PE12.64
Dividend$2.02 (2.89%)
Ex-Dividend DateJun 14, 2022
Volume637,077
Open70.52
Previous Close70.83
Day's Range69.50 - 71.03
52-Week Range64.40 - 80.46
Beta1.13
AnalystsBuy
Price Target77.99 (+11.4%)
Earnings DateApr 27, 2022

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; ...

IndustryBanks
IPO DateNov 12, 1998
Employees3,595
Stock ExchangeNYSE
Ticker SymbolPB
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 21 analysts, the average rating for PB stock is "Buy." The 12-month stock price forecast is 77.99, which is an increase of 11.41% from the latest price.

Price Target
$77.99
(11.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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?

18 hours ago - Zacks Investment Research

Fed to Hike Rates Until Inflation Comes Down: 3 Banks to Watch

Powell's indication of a continued rise in interest rates until inflation is restrained will likely benefit the margins of banks like SVB Financial (SIVB), Prosperity Bancshares (PB) and Hancock Whitney...

Other symbols:HWCSIVB
21 hours ago - Zacks Investment Research

Are You Looking for a High-Growth Dividend Stock? 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?

2 weeks ago - Zacks Investment Research

Prosperity Bancshares (PB) Gains on Q1 Earnings Beat, Costs Up

Prosperity Bancshares (PB) records a decline in revenues and marginally higher expenses in the first quarter of 2022.

2 weeks ago - Zacks Investment Research

Prosperity Bancshares (PB) Q1 Earnings and Revenues Beat Estimates

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 3.10% and 1.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2022 EARNINGS

- First quarter net income of $122.3 million and earnings per share (diluted) of $1.33 - Deposits increased $296.5 million or 1.0% (3.9% annualized) during the first quarter 2022 - Allowance for credit ...

3 weeks ago - PRNewsWire

3 Bank Stocks Set to Pull Off a Beat This Earnings Season

Solid loan demand leading to improvement in NII is likely to have aided the Q1 performances of Northern Trust (NTRS), SouthState Corporation (SSB) and Prosperity Bancshares (PB).

Other symbols:NTRSSSB
3 weeks ago - Zacks Investment Research

Prosperity Bancshares (PB) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

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.

4 weeks ago - Zacks Investment Research

PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND

HOUSTON , April 20, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.52 per share for the second ...

4 weeks ago - PRNewsWire

7 Bank Stocks to Buy if the Economic Recovery Story Pans Out

Should you have full confidence in the economic recovery narrative, these bank stocks might belong in your portfolio. The post 7 Bank Stocks to Buy if the Economic Recovery Story Pans Out appeared first...

Other symbols:BACFRCJPMPNBKTFCUSB
1 month ago - InvestorPlace

PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2022 EARNINGS CONFERENCE CALL

HOUSTON , March 30, 2022 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2022 Earnings Announcement, scheduled before the market opens on Wednesday, April 27, 2...

1 month ago - PRNewsWire

Prosperity Bancshares (PB) Down 3.5% Since Last Earnings Report: Can It Rebound?

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

2 months ago - Zacks Investment Research

3 Wildly Oversold Nasdaq Stocks to Buy

Following ferocious bear markets, these three Nasdaq stocks are shaping up to be strong buys off and on their price charts. The post 3 Wildly Oversold Nasdaq Stocks to Buy appeared first on InvestorPlace.

Other symbols:LCIDPYPL
3 months ago - InvestorPlace

7 Bank Stocks to Buy as Goldman Sachs Girds for 5+ Rate Hikes

With the Federal Reserve signaling higher interest rates and thus rising borrowing costs, these viable bank stocks may benefit. The post 7 Bank Stocks to Buy as Goldman Sachs Girds for 5+ Rate Hikes app...

Other symbols:BACCJPMSCHWTFCWFC
3 months ago - InvestorPlace

Prosperity Bancshares (PB) Down 1.5% Despite Q4 Earnings Beat

Strong deposit balance, lower expenses and nil provisions support Prosperity Bancshares (PB) Q4 results. However, decrease in revenues and net interest margin are headwinds.

3 months ago - Zacks Investment Research

Prosperity Bancshares (PB) Tops Q4 Earnings and Revenue Estimates

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.73% and 0.32%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2021 EARNINGS

HOUSTON, Jan. 26, 2022 /PRNewswire/ --  Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of  $126.8 million for the quart...

3 months ago - PRNewsWire

Should You Buy Prosperity Bancshares (PB) Ahead of Earnings?

Prosperity Bancshares (PB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

Prosperity Bancshares (PB) Expected to Beat Earnings Estimates: Should You Buy?

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.

3 months ago - Zacks Investment Research

PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM

HOUSTON, Jan. 18, 2022 /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...

4 months ago - PRNewsWire

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

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

Other symbols:CFR
4 months ago - Zacks Investment Research

Prosperity Bancshares, Inc.® Invites You To Join Its Fourth Quarter 2021 Earnings Conference Call

HOUSTON, Dec. 22, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, January 26, ...

4 months ago - PRNewsWire

Prosperity Bancshares A Top Ranked SAFE Dividend Stock With 2.7% Yield

Prosperity Bancshares has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.7% yield

6 months ago - Forbes

Prosperity Bancshares (PB) Q3 Earnings Beat, Stock Dips 2.8%

Prosperity Bancshares (PB) records a decline in revenues and higher expenses in the third quarter of 2021.

6 months ago - Zacks Investment Research

Prosperity Bancshares (PB) Beats Q3 Earnings and Revenue Estimates

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.72% and 1.00%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research