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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Prosperity Bancshares (PB) has seen solid earnings estimate revision activity over the past two months, and belongs to a strong industry as well.

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

Why Is Prosperity Bancshares (PB) Down 4.5% Since Last Earnings Report?

Prosperity Bancshares (PB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Prosperity Bancshares (PB) Might be Well Poised for a Surge

Completion of LegacyTexas Financial buyout during the quarter support Prosperity Bancshares Inc.'s (PB) Q4 results.

Prosperity Bancshares (PB) Stock Up 2.2% on Q4 Earnings Beat

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q4 2019 Results - Earnings Call Transcript

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 17.07% and 7.58%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

Prosperity Bancshares (PB) Q4 Earnings and Revenues Beat Estimates

Prosperity Bancshares (PB) Down 4.7% Since Last Earnings Report: Can It Rebound?

The acquisition of LegacyTexas Financial will be earnings accretive to Prosperity Bancshares (PB). Also, the deal expands the company's footprint in Texas.

Prosperity Bancshares Closes Buyout of LegacyTexas Financial

Lower credit cost and fall in operating expenses support Prosperity Bancshares' (PB) Q3 earnings. Also, announcement of a dividend hike cheers investors.

Prosperity Bancshares (PB) Q3 Earnings Beat, Stock Up 3.3%

Prosperity Bancshares' (PB) CEO David Zalman on Q3 2019 Results - Earnings Call Transcript

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.85% and -0.85%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Prosperity Bancshares (PB) Beats Q3 Earnings Estimates

Prosperity Bancshares (PB) doesn't possess 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) Reports Next Week: What to Know Ahead of the Release

While margin pressure and higher costs will likely hurt Prosperity Bancshares' (PB) profits, its revenues will improve given steady loan growth and inorganic expansion efforts.

Why it is Best to Hold on to Prosperity Bancshares Stock Now

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Why Is Prosperity Bancshares (PB) Down 6% Since Last Earnings Report?

Prosperity Bancshares is a retail bank in the state of Texas, with locations also in Oklahoma.

Prosperity Bancshares: Recession-Resistant Dividend Growth Machine In The Lone Star State

Higher fee income and steady fall in credit costs support Prosperity Bancshares' (PB) Q2 earnings, while lower net interest income is a headwind.

Prosperity Bancshares (PB) Q2 Earnings Match, Stock Up 4%

Prosperity Bancshares, Inc. (PB) CEO David Zalman on Q2 2019 Results - Earnings Call Transcript

Prosperity Bancshares (PB) delivered earnings and revenue surprises of 0.00% and -1.15%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Prosperity Bancshares (PB) Meets Q2 Earnings Estimates

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News for Prosperity Bancshares Stock (PB)