Prosperity Bancshares Stock (NYSE:PB)


ForecastRevenueOwnershipFinancialsChartTranscripts

Previous Close

$65.63

52W Range

$57.16 - $86.76

50D Avg

$72.82

200D Avg

$73.72

Market Cap

$6.28B

Avg Vol (3M)

$620.90K

Beta

0.84

Div Yield

$2.28 (3.46%)

PB Company Profile


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; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.

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Industry

Banks - Regional

Sector

Financial Services

Exchange

NYSE

ADR

-

Country

US

Employees

3,916

IPO Date

Nov 12, 1998

Website

PB Performance


PB Financial Summary


Dec 24Dec 23Dec 22
Revenue$1.62B$1.07B$1.11B
Operating Income$-1.24B$691.28M$755.78M
Net Income$479.39M$419.32M$524.52M
EBITDA--$694.47M
Basic EPS$5.05$4.51$5.73
Diluted EPS$5.05$4.51$5.73

Fiscal year ends in Dec 24 | Currency in USD

Latest Earnings Call Transcripts


Q4 24Jan 30, 25 | 11:30 AM
Q3 24Oct 23, 24 | 11:30 AM
Q2 24Jul 24, 24 | 11:30 AM

Peer Comparison


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CBSHCommerce Bancshares, Inc.
FFINFirst Financial Bankshares, Inc.
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HTBKHeritage Commerce Corp
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FFNWFirst Financial Northwest, Inc.
GABCGerman American Bancorp, Inc.
BFSTBusiness First Bancshares, Inc.