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

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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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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, 2022, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day.  Participants will include members of Prosperity's executive management team.

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

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

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

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

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

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q4 2021 Results - Earnings Call Transcript

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?

Prosperity Bancshares (PB) Tops Q4 Earnings and Revenue Estimates

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 quarter ended December 31, 2021 compared with $137.1 million for the same period in 2020. Net income per diluted common share was $1.38 for the quarter ended December 31, 2021, compared with $1.48 for the same period in 2020, and the annualized return on fourth quarter average assets was 1.37%.

PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2021 EARNINGS

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

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

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: Should You Buy?

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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, 2022, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day.  Participants will include members of Prosperity's executive management team.

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

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21 Upcoming Dividend Increases

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

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

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

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

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q3 2021 Results - Earnings Call Transcript

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?

Prosperity Bancshares (PB) Beats Q3 Earnings and Revenue Estimates

Prosperity Bancshares (NYSE:PB) reported its Q3 earnings results on Wednesday, October 27, 2021 at 06:30 AM. Here's what investors need to know about the announcement.

Recap: Prosperity Bancshares Q3 Earnings

HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of  $128.6 million for the quarter ended September 30, 2021 compared with $130.1 million for the same period in 2020. Net income per diluted common share was $1.39 for the quarter ended September 30, 2021, compared with $1.40 for the same period in 2020, and the annualized return on third quarter average assets was 1.42%.

Prosperity Bancshares, Inc.® Reports Third Quarter 2021 Earnings

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Dividend Increases: October 16-22, 2021

HOUSTON, Oct. 20, 2021 /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 fourth quarter of 2021, payable January 3, 2022, to shareholders of record as of December 15, 2021.  The fourth quarter dividend represents an increase of $0.03 per share, or 6.1%, from the prior quarter.

Prosperity Bancshares, Inc.® Increases Common Stock Dividend

HOUSTON, Sept. 29, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, October 27, 2021, 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 2021 Earnings Conference Call

Robust deposit growth and the decline in the loan portfolio will likely continue to boost bond portfolio growth in the coming quarters.

Prosperity Bancshares: Securities Growth To Buoy Net Interest Income

News for Prosperity Bancshares Stock (PB)