Prosperity Bancshares

Prosperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan, investments, trust, and credit card to small and medium-sized businesses and consumers. The company was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Prosperity Bancshares posts strong Q4 results, eyes loan growth

Prosperity Bancshares reported strong financial performance in Q4 2022, with solid return metrics and positive loan growth drivers.
Challenges include potential future stress related to oil and gas prices, M&A deal complexities, and managing deposit mix changes.
Opportunities lie in continued loan growth, NIM improvement, and strategic funding source optimization for enhanced performance.
The bank remains focused on maintaining customer relationships, managing risks effectively, and navigating regulatory caution in acquisitions.

Prosperity Bancshares posts strong Q1 earnings amidst strategic acquisitions

Prosperity Bancshares delivered a strong performance in Q1 2023, showcasing solid financial metrics and strategic acquisitions to drive growth. Despite challenges like deposit fluctuations and increased expenses, the company remains focused on enhancing shareholder value and operational efficiency.
With a commitment to maintaining underwriting standards, leveraging market opportunities, and optimizing post-merger integration, Prosperity Bancshares is poised to capitalize on opportunities in a changing economic landscape. The company's emphasis on long-term growth and profitability positions it well for future success.
Overall, Prosperity Bancshares' Q1 earnings call highlighted a resilient performance, strategic initiatives for growth, and a positive outlook on future prospects. By navigating challenges effectively and seizing opportunities in the market, the company aims to sustain its competitive edge and drive value for stakeholders.

Prosperity Bancshares reports Q2 earnings, eyes margin improvement and growth

Prosperity Bancshares navigated Q2 2023 with a focus on growth amidst merger impacts. While facing margin pressure and increased expenses, the company remains proactive in managing risks and enhancing efficiencies. Opportunities lie in margin improvement, strategic capital allocation, and operational enhancements.

Prosperity Bancshares reports Q3 earnings, eyes growth amid challenges

Prosperity Bancshares reported a mixed performance with a focus on reserve management, expense control, and growth opportunities.
Challenges include lower net interest margin, regulatory pressures, and commercial real estate credit quality concerns.
Opportunities exist in acquisitions, cost management, deposit growth strategies, and enhancing shareholder value.
The bank remains cautious in its approach, emphasizing strong reserves and efficient expense management for future growth.
Despite challenges, Prosperity Bancshares aims to leverage opportunities for growth and navigate industry dynamics effectively.
The call highlighted a strategic focus on balance sheet optimization, customer behavior changes, and regulatory compliance.

Prosperity Bancshares reports solid Q4 earnings amidst strategic growth focus

Prosperity Bancshares' Q4 performance reflects a mix of challenges and strengths, with a focus on improving margins and strategic growth opportunities.
Management's cautious approach to loan growth and emphasis on regulatory compliance and relationships with other banks underpin the company's stability.
Future opportunities lie in M&A activities, increasing dividends, and maintaining financial strength through robust reserves and capital.
Despite challenges like interest rate dynamics and regulatory burdens, Prosperity Bancshares remains optimistic about future growth and profitability.

Prosperity Bancshares reports strong Q1 earnings amidst Texas economic strength

Prosperity Bancshares delivered a strong Q1 performance with growth in net income and EPS. The bank showcased financial strength and stability, with a focus on managing challenges and pursuing growth opportunities.
Despite facing challenges like low rates and high equity requirements, the bank remains optimistic about future M&A prospects and revenue growth potential. Efforts to reduce nonperforming assets and maintain liquidity are ongoing.
Overall, Prosperity Bancshares' Q1 earnings call highlighted a resilient performance in a robust Texas economy, setting the stage for continued growth and strategic expansion in the banking sector.

Prosperity Bancshares posts solid Q2 results, eyes growth opportunities

Prosperity Bancshares delivered a strong financial performance in Q2 2024, driven by increased net interest income and strategic gains.
While facing challenges in credit quality and merger-related costs, the company's robust asset base and liquidity position it well for future growth.
Anticipated improvements in net interest margin and continued focus on shareholder value creation present promising opportunities for Prosperity Bancshares.

Prosperity Bancshares reports robust Q3 earnings, eyes M&A opportunities

Prosperity Bancshares delivered strong financial results in Q3 2024, showing growth in net income and improvements in key financial metrics. The company's focus on strategic opportunities for M&A and its confidence in increasing dividends reflect a positive outlook for future performance.

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December is the last opportunity for companies to announce yearly dividend increases. 15 companies expected to raise their dividends in the upcoming week, with a focus on up-and-comers in the dividend growth space. The companies feature an average increase of 8.6% and a median increase of 4.9%.

15 Upcoming Dividend Increases

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

Why Is Prosperity Bancshares (PB) Up 7.6% Since Last Earnings Report?

Higher non-interest income, no provisions and robust loan and deposit balance aid Prosperity Bancshares' (PB) Q3 earnings while a decline in NII and rise in expenses act as spoilsport.

Prosperity Bancshares (PB) Stock Gains 4% on Q3 Earnings Beat

Prosperity Bancshares, Inc. (NYSE:PB ) Q3 2023 Earnings Conference Call October 25, 2023 11:30 AM ET Company Participants Charlotte Rasche – Executive Vice President and General Counsel David Zalman – Senior Chairman and Chief Executive Officer Asylbek Osmonov – Chief Financial Officer H. E. Tim Timanus, Jr. – Chairman Kevin Hanigan – President and Chief Operating Officer Randy Hester – Chief Lending Officer Conference Call Participants Brady Gailey – KBW Dave Rochester – Compass Point Michael Rose – Raymond James Peter Winter – D.A.

Prosperity Bancshares, Inc. (PB) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Prosperity Bancshares (PB) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Prosperity Bancshares (PB) Q3 Earnings

Prosperity Bancshares (PB) came out with quarterly earnings of $1.20 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.49 per share a year ago.

Prosperity Bancshares (PB) Q3 Earnings and Revenues Top Estimates

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.

Prosperity Bancshares (PB) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Prosperity Bancshares, Inc. stock has been crushed. The stock is attractively priced relative to book value and offers a 4% plus dividend yield with continued dividend increases. Q2 performance showed a decrease in revenues but strong earnings power in a weak macro environment.

Trading Prosperity Bancshares: Enough Damage Priced In

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Dividend Growth Predictions For 15 Companies Announcing Annual Boosts In October

HOUSTON , Sept. 27, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, October 25, 2023, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day.

PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2023 EARNINGS CONFERENCE CALL

Strategic acquisitions, decent loan demand, efforts to improve fee income and a solid balance sheet aid Prosperity Bancshares (PB). Strain on margins and subdued mortgage business are headwinds.

Prosperity Bancshares (PB) Rides on Buyouts Amid Margin Pressure

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Why Is Prosperity Bancshares (PB) Down 8.9% Since Last Earnings Report?

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Moody's Downgrades 10 Banks: Here's What Investors Need to Know

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News for Prosperity Bancshares Stock (PB)