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

Why Is Prosperity Bancshares (PB) Down 0.5% Since Last Earnings Report?

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

Prosperity Bancshares (PB) Stock Up 1.4% on Q2 Earnings Beat

Prosperity Bancshares' (PB) CEO David Zalman on Q2 2021 Results - Earnings Call Transcript

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.71% and -0.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Prosperity Bancshares (PB) Surpasses Q2 Earnings Estimates

Shares of Prosperity Bancshares (NYSE:PB) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share rose 10.16% year over year to $1.41, which beat the estimate of $1.39.

Recap: Prosperity Bancshares Q2 Earnings

HOUSTON, July 28, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of  $130.6 million for the quarter ended June 30, 2021 compared with $130.9 million for the same period in 2020. Net income per diluted common share was $1.41 for the quarter ended June 30, 2021, unchanged from the same period in 2020, and the annualized return on second quarter average assets was 1.45%.

Prosperity Bancshares, Inc.® Reports Second Quarter 2021 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) Earnings Expected to Grow: Should You Buy?

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HOUSTON, June 22, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, July 28, 2021, 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 Second Quarter 2021 Earnings Conference Call

Prosperity Bancshares (PB) Down 2% Since Last Earnings Report: Can It Rebound?

Is Prosperity Bancshares (PB) a great pick from the value investor's perspective right now? Read on to know more.

Is Prosperity Bancshares (PB) a Great Stock for Value Investors?

Rise in deposit balance, no provisions and lower expenses drive Prosperity Bancshares (PB) Q1 results significantly, while decline in revenues and near-zero interest rates play spoilsport.

Prosperity Bancshares (PB) Q1 Earnings Beat, Stock Down 3.3%

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q1 2021 Results - Earnings Call Transcript

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 4.35% and 2.16%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Prosperity Bancshares (PB) Q1 Earnings and Revenues Top Estimates

Shares of Prosperity Bancshares (NYSE:PB) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share rose 3.60% year over year to $1.44, which beat the estimate of $1.38.

Recap: Prosperity Bancshares Q1 Earnings

HOUSTON, April 28, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended March 31, 2021 of  $133.3 million compared with $130.8 million for the same period in 2020. Net income per diluted common share was $1.44 compared with $1.39 for the same period in 2020 and the annualized return on first quarter average assets was 1.54%.

Prosperity Bancshares, Inc.® Reports First Quarter 2021 Earnings

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Here we select five bank stocks - Huntington Bancshares (HBAN), Glacier Bancorp (GBCI), Regions (RF), New York Community Bancorp (NYCB) and Prosperity Bancshares (PB) - that are likely to pull off a positive earnings surprise in Q1.

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HOUSTON, March 29, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, April 28, 2021, 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 2021 Earnings Conference Call

Growth in loan balance and solid deposit mix are likely to support Prosperity Bancshares' (PB) financials, while near-zero interest rates might hurt margins.

Here's Why You Should Hold Prosperity Bancshares (PB) Stock

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Prosperity posted a relatively good fourth quarter, with the earnings beat relative to the Street balanced between a core pre-provision beat and lower credit costs. The bank beat expectations, but core PPOP was still down slightly from the prior quarter, spreads contracted, and loan balances contracted.

Prosperity Is Conservatively Run, But Back On The Hunt For Accretive Bank Deals

Revenue growth and nil provisions support Prosperity Bancshares' (PB) Q4 earnings despite lower rates.

Prosperity Bancshares (PB) Q4 Earnings Beat, Revenues Up Y/Y

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q4 2020 Results - Earnings Call Transcript

Shares of Prosperity Bancshares (NYSE:PB) moved higher by 0.1% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 2.78% over the past year to $1.48, which beat the estimate of $1.35.

Prosperity Bancshares: Q4 Earnings Insights

HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income for the quarter ended December 31, 2020 of $137.1 million compared with $86.1 million for the same period in 2019. Net...

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