Prosperity Bancshares (PB) Stock Forecast, Price Target & Predictions
PB Stock Forecast
Prosperity Bancshares stock forecast is as follows: an average price target of $77.43 (represents a 6.51% upside from PB’s last price of $72.70) and a rating consensus of 'Buy', based on 13 wall street analysts offering a 1-year stock forecast.
PB Price Target
The average price target for Prosperity Bancshares (PB) is $77.43 based on 1-year price targets from 13 Wall Street analysts in the past 3 months, with a price target range of $86.00 to $63.00. This represents a potential 6.51% upside from PB's last price of $72.70.
PB Analyst Ratings
According to 13 Wall Street analysts, Prosperity Bancshares's rating consensus is 'Buy'. The analyst rating breakdown for PB stock is 0 'Strong Buy' (0.00%), 9 'Buy' (69.23%), 4 'Hold' (30.77%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Prosperity Bancshares Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | Peter Winter | D.A. Davidson | $78.00 | $72.92 | 6.97% | 7.29% |
| Sep 20, 2024 | Brandon King | Truist Financial | $79.00 | $74.26 | 6.38% | 8.67% |
| Aug 05, 2024 | Manan Gosalia | Morgan Stanley | $86.00 | $69.98 | 22.89% | 18.29% |
| Jul 30, 2024 | Benjamin Gerlinger | Citigroup | $82.00 | $71.81 | 14.19% | 12.79% |
| Jul 25, 2024 | Peter Winter | D.A. Davidson | $82.00 | $71.64 | 14.46% | 12.79% |
| Jul 25, 2024 | Jon Arfstrom | RBC Capital | $74.00 | $71.13 | 4.03% | 1.79% |
| Jul 25, 2024 | Stephen Scouten | Piper Sandler | $80.00 | $72.56 | 10.26% | 10.04% |
| Jul 08, 2024 | Brandon King | Truist Financial | $68.00 | $59.38 | 14.52% | -6.46% |
| Dec 05, 2022 | - | Morgan Stanley | $69.00 | $73.53 | -6.15% | -5.09% |
| Jun 15, 2022 | - | Truist Financial | $77.00 | $67.50 | 14.07% | 5.91% |
The latest Prosperity Bancshares stock forecast, released on Oct 15, 2024 by Peter Winter from D.A. Davidson, set a price target of $78.00, which represents a 6.97% increase from the stock price at the time of the forecast ($72.92), and a 7.29% increase from PB last price ($72.70).
Prosperity Bancshares Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 8 |
| Avg Price Target | $78.00 | $81.00 | $78.63 |
| Last Closing Price | $72.70 | $72.70 | $72.70 |
| Upside/Downside | 7.29% | 11.42% | 8.16% |
In the current month, the average price target of Prosperity Bancshares stock is $78.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 7.29% increase as opposed to Prosperity Bancshares's last price of $72.70. This month's average price target is down -3.70% compared to last quarter, and down -0.80% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 15, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
| Oct 15, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Sep 26, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 24, 2024 | Wedbush | Sector Perform | Outperform | Upgrade |
| Sep 17, 2024 | Wedbush | Sector Perform | Sector Perform | Hold |
| Sep 17, 2024 | Truist Financial | Underperform | Underperform | Hold |
| Sep 17, 2024 | Raymond James | Underperform | Outperform | Downgrade |
| Aug 05, 2024 | Morgan Stanley | Equal-Weight | Overweight | Upgrade |
| Jul 30, 2024 | Citigroup | Buy | Buy | Hold |
Prosperity Bancshares's last stock rating was published by Barclays on Oct 24, 2024. The company gave PB a "Equal-Weight" rating, the same as its previous rate.
Prosperity Bancshares Financial Forecast
Prosperity Bancshares Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $268.08M | $265.84M | $272.18M | $63.00K | $213.00K | $276.81M | $621.00K | $271.47M | $274.11M | $272.24M | $280.36M | $285.74M | $284.26M | $272.94M | $279.00M | $258.38M | $179.67M |
| Avg Forecast | $355.58M | $351.00M | $343.18M | $337.89M | $335.52M | $329.21M | $317.70M | $307.21M | $304.03M | $301.56M | $292.11M | $277.06M | $279.57M | $279.90M | $284.40M | $288.35M | $297.58M | $297.10M | $284.30M | $272.90M | $278.79M | $278.02M | $282.47M | $282.76M | $285.40M | $280.09M | $279.72M | $280.65M | $247.41M | $187.24M |
| High Forecast | $361.35M | $356.69M | $348.75M | $343.37M | $340.96M | $334.55M | $322.85M | $312.40M | $308.03M | $301.90M | $292.11M | $277.23M | $283.24M | $291.80M | $289.01M | $293.02M | $302.41M | $297.10M | $284.30M | $272.90M | $278.79M | $278.02M | $282.47M | $282.76M | $285.40M | $280.09M | $279.72M | $280.65M | $247.41M | $187.24M |
| Low Forecast | $350.72M | $346.21M | $338.49M | $333.27M | $330.93M | $324.71M | $313.36M | $303.89M | $300.60M | $301.21M | $292.11M | $276.90M | $277.03M | $274.22M | $280.51M | $284.41M | $293.52M | $297.10M | $284.30M | $272.90M | $278.79M | $278.02M | $282.47M | $282.76M | $285.40M | $280.09M | $279.72M | $280.65M | $247.41M | $187.24M |
| # Analysts | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 8 | 4 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 0.93% | 0.94% | 0.00% | 0.00% | 0.97% | 0.00% | 0.97% | 0.99% | 0.96% | 0.99% | 1.00% | 1.01% | 0.98% | 0.99% | 1.04% | 0.96% |
Prosperity Bancshares's average Quarter revenue forecast for Dec 23 based on 6 analysts is $279.57M, with a low forecast of $277.03M, and a high forecast of $283.24M. PB's average Quarter revenue forecast represents a 4.29% increase compared to the company's last Quarter revenue of $268.08M (Sep 23).
Prosperity Bancshares EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 8 | 4 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $112.21M | $119.56M | $249.38M | $234.07M | $199.04M | $179.64M | $171.32M | $177.22M | $182.57M | $188.62M | $194.51M | $202.49M | $197.31M | $175.79M | $214.02M | $157.13M | $139.59M |
| Avg Forecast | $178.05M | $175.75M | $171.84M | $169.19M | $168.00M | $164.84M | $159.08M | $153.82M | $152.23M | $151.00M | $146.27M | $204.13M | $139.99M | $140.15M | $142.40M | $185.58M | $193.52M | $148.76M | $142.35M | $168.71M | $139.60M | $139.21M | $141.44M | $186.05M | $142.91M | $140.24M | $140.06M | $175.93M | $123.88M | $93.75M |
| High Forecast | $180.93M | $178.60M | $174.62M | $171.93M | $170.72M | $167.52M | $161.66M | $156.43M | $154.24M | $151.17M | $146.27M | $244.96M | $141.82M | $146.11M | $144.71M | $222.69M | $232.22M | $148.76M | $142.35M | $202.45M | $139.60M | $139.21M | $141.44M | $223.26M | $142.91M | $140.24M | $140.06M | $211.11M | $123.88M | $93.75M |
| Low Forecast | $175.61M | $173.35M | $169.49M | $166.88M | $165.70M | $162.59M | $156.91M | $152.16M | $150.52M | $150.82M | $146.27M | $163.31M | $138.71M | $137.31M | $140.46M | $148.46M | $154.82M | $148.76M | $142.35M | $134.97M | $139.60M | $139.21M | $141.44M | $148.84M | $142.91M | $140.24M | $140.06M | $140.74M | $123.88M | $93.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | 0.84% | 1.34% | 1.21% | 1.34% | 1.26% | 1.02% | 1.27% | 1.31% | 1.33% | 1.05% | 1.42% | 1.41% | 1.26% | 1.22% | 1.27% | 1.49% |
6 analysts predict PB's average Quarter EBITDA for Dec 23 to be $139.99M, with a high of $141.82M and a low of $138.71M. This is 24.76% upper than Prosperity Bancshares's previous annual EBITDA (Sep 23) of $112.21M.
Prosperity Bancshares Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 8 | 4 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $112.21M | $86.94M | $124.69M | $137.88M | $135.82M | $128.49M | $122.33M | $126.79M | $128.59M | $130.61M | $133.31M | $137.09M | $130.06M | $130.90M | $130.85M | $86.13M | $81.76M |
| Avg Forecast | $161.61M | $158.24M | $151.62M | $147.65M | $147.86M | $143.27M | $135.88M | $127.19M | $127.60M | $124.99M | $107.40M | $145.75M | $109.47M | $110.73M | $90.23M | $132.50M | $138.45M | $142.26M | $132.73M | $120.46M | $130.81M | $131.10M | $132.87M | $127.51M | $129.70M | $124.94M | $109.05M | $107.56M | $113.95M | $112.86M |
| High Forecast | $165.01M | $161.57M | $154.81M | $150.76M | $150.98M | $146.29M | $138.74M | $131.01M | $130.46M | $125.18M | $107.43M | $174.91M | $113.18M | $120.36M | $92.13M | $159.01M | $166.14M | $142.26M | $132.73M | $144.55M | $130.81M | $137.02M | $132.87M | $153.02M | $129.70M | $124.94M | $109.05M | $129.07M | $113.95M | $112.86M |
| Low Forecast | $158.73M | $155.43M | $148.92M | $145.03M | $145.23M | $140.73M | $133.46M | $124.32M | $122.84M | $124.81M | $107.37M | $116.60M | $104.83M | $99.17M | $88.63M | $106.00M | $110.76M | $142.26M | $132.73M | $96.37M | $130.81M | $125.18M | $132.87M | $102.01M | $129.70M | $124.94M | $109.05M | $86.05M | $113.95M | $112.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.96% | 0.94% | 1.00% | 0.95% | 0.97% | 1.02% | 0.97% | 0.98% | 0.98% | 1.05% | 1.06% | 1.04% | 1.20% | 1.22% | 0.76% | 0.72% |
Prosperity Bancshares's average Quarter net income forecast for Dec 23 is $109.47M, with a range of $104.83M to $113.18M. PB's average Quarter net income forecast represents a -2.44% decrease compared to the company's last Quarter net income of $112.21M (Sep 23).
Prosperity Bancshares SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 8 | 4 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $90.58M | $84.72M | $86.23M | $81.73M | $85.76M | $86.43M | $85.18M | $93.42M | $83.92M | $81.26M | $85.61M | $95.29M | $80.61M | $85.03M | $82.56M | $85.34M | $57.01M |
| Avg Forecast | $102.75M | $101.43M | $99.16M | $97.64M | $96.95M | $95.13M | $91.80M | $88.77M | $87.85M | $87.14M | $84.41M | $101.49M | $80.78M | $80.88M | $82.18M | $92.27M | $102.01M | $85.85M | $82.15M | $83.88M | $80.56M | $80.34M | $81.62M | $81.88M | $82.47M | $80.93M | $80.83M | $67.86M | $71.49M | $54.10M |
| High Forecast | $104.41M | $103.07M | $100.77M | $99.22M | $98.52M | $96.67M | $93.29M | $90.27M | $89.01M | $87.24M | $84.41M | $121.79M | $81.84M | $84.32M | $83.51M | $110.72M | $122.41M | $85.85M | $82.15M | $100.66M | $80.56M | $80.34M | $81.62M | $98.26M | $82.47M | $80.93M | $80.83M | $81.44M | $71.49M | $54.10M |
| Low Forecast | $101.34M | $100.04M | $97.81M | $96.30M | $95.63M | $93.83M | $90.55M | $87.81M | $86.86M | $87.04M | $84.41M | $81.20M | $80.05M | $79.24M | $81.06M | $73.81M | $81.61M | $85.85M | $82.15M | $67.10M | $80.56M | $80.34M | $81.62M | $65.51M | $82.47M | $80.93M | $80.83M | $54.29M | $71.49M | $54.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.03% | 0.93% | 0.80% | 1.00% | 1.05% | 1.02% | 1.16% | 1.04% | 1.00% | 1.05% | 1.16% | 1.00% | 1.05% | 1.22% | 1.19% | 1.05% |
Prosperity Bancshares's average Quarter SG&A projection for Dec 23 is $80.78M, based on 6 Wall Street analysts, with a range of $80.05M to $81.84M. The forecast indicates a -10.81% fall compared to PB last annual SG&A of $90.58M (Sep 23).
Prosperity Bancshares EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 4 | 5 | 6 | 5 | 2 | 2 | 7 | 8 | 4 | 3 | 3 | 6 | 12 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 9 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.20 | $0.94 | $1.37 | $1.51 | $1.49 | $1.40 | $1.33 | $1.38 | $1.39 | $1.41 | $1.44 | $1.48 | $1.40 | $1.41 | $1.39 | $1.01 | $1.19 |
| Avg Forecast | $1.70 | $1.66 | $1.59 | $1.55 | $1.55 | $1.50 | $1.43 | $1.34 | $1.34 | $1.31 | $1.13 | $1.16 | $1.15 | $1.16 | $0.95 | $1.35 | $1.50 | $1.49 | $1.39 | $1.30 | $1.37 | $1.37 | $1.39 | $1.38 | $1.35 | $1.30 | $1.14 | $1.14 | $1.19 | $1.18 |
| High Forecast | $1.73 | $1.70 | $1.63 | $1.58 | $1.58 | $1.54 | $1.46 | $1.38 | $1.37 | $1.31 | $1.13 | $1.16 | $1.19 | $1.26 | $0.97 | $1.39 | $1.53 | $1.49 | $1.39 | $1.37 | $1.37 | $1.43 | $1.39 | $1.38 | $1.35 | $1.30 | $1.14 | $1.14 | $1.19 | $1.18 |
| Low Forecast | $1.67 | $1.63 | $1.56 | $1.52 | $1.52 | $1.48 | $1.40 | $1.31 | $1.29 | $1.31 | $1.13 | $1.16 | $1.10 | $1.04 | $0.93 | $1.32 | $1.47 | $1.49 | $1.39 | $1.24 | $1.37 | $1.31 | $1.39 | $1.38 | $1.35 | $1.30 | $1.14 | $1.14 | $1.19 | $1.18 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.99% | 1.01% | 1.01% | 1.00% | 1.01% | 1.02% | 1.01% | 1.02% | 1.02% | 1.05% | 1.09% | 1.07% | 1.24% | 1.22% | 0.85% | 1.01% |
According to 6 Wall Street analysts, Prosperity Bancshares's projected average Quarter EPS for Dec 23 is $1.15, with a low estimate of $1.10 and a high estimate of $1.19. This represents a -4.24% decrease compared to PB previous annual EPS of $1.20 (Sep 23).
Prosperity Bancshares Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $9.56 | $12.50 | 30.75% | Buy |
| HTBI | HomeTrust Bancshares | $32.63 | $42.00 | 28.72% | Buy |
| GABC | German American Bancorp | $40.62 | $45.67 | 12.43% | Buy |
| UBSI | United Bankshares | $37.08 | $41.00 | 10.57% | Hold |
| BSVN | Bank7 | $41.88 | $46.00 | 9.84% | Buy |
| FFIN | First Financial Bankshares | $36.08 | $39.50 | 9.48% | Hold |
| GSBC | Great Southern Bancorp | $56.66 | $62.00 | 9.42% | Hold |
| BOKF | BOK Financial | $104.05 | $112.75 | 8.36% | Hold |
| HBCP | Home Bancorp | $46.16 | $50.00 | 8.32% | Buy |
| BFST | Business First Bancshares | $26.01 | $28.00 | 7.65% | Buy |
| PB | Prosperity Bancshares | $72.70 | $77.43 | 6.51% | Buy |
| FFNW | First Financial Northwest | $22.11 | $23.50 | 6.29% | Hold |
| HTLF | Heartland Financial USA | $58.41 | $60.00 | 2.72% | Hold |
| CBSH | Commerce Bancshares | $62.50 | $63.10 | 0.96% | Hold |
| TCBI | Texas Capital Bancshares | $75.96 | $76.20 | 0.32% | Buy |
| BSRR | Sierra Bancorp | $28.31 | $25.33 | -10.53% | Hold |
PB Forecast FAQ
Is Prosperity Bancshares a good buy?
Yes, according to 13 Wall Street analysts, Prosperity Bancshares (PB) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 69.23% of PB's total ratings.
What is PB's price target?
Prosperity Bancshares (PB) average price target is $77.43 with a range of $63 to $86, implying a 6.51% from its last price of $72.7. The data is based on 13 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Prosperity Bancshares stock go up soon?
According to Wall Street analysts' prediction for PB stock, the company can go up by 6.51% (from the last price of $72.7 to the average price target of $77.43), up by 18.29% based on the highest stock price target, and down by -13.34% based on the lowest stock price target.
Can Prosperity Bancshares stock reach $110?
PB's average twelve months analyst stock price target of $77.43 does not support the claim that Prosperity Bancshares can reach $110 in the near future.
What is Prosperity Bancshares's current price target trend?
1 Wall Street analyst forecast a $78 price target for Prosperity Bancshares (PB) this month, up 7.29% from its last price of $72.7. Compared to the last 3 and 12 months, the average price target increased by 11.42% and increased by 8.16%, respectively.
What are Prosperity Bancshares's analysts' financial forecasts?
Prosperity Bancshares's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.29B (high $1.31B, low $1.27B), average EBITDA is $645.75M (high $656.32M, low $637.37M), average net income is $554.2M (high $567.02M, low $543.75M), average SG&A $372.65M (high $378.76M, low $367.81M), and average EPS is $5.82 (high $5.95, low $5.71). PB's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $1.39B (high $1.41B, low $1.37B), average EBITDA is $694.83M (high $706.09M, low $685.33M), average net income is $619.11M (high $632.16M, low $608.11M), average SG&A $400.98M (high $407.48M, low $395.5M), and average EPS is $6.5 (high $6.64, low $6.38).
Did the PB's actual financial results beat the analysts' financial forecasts?
Based on Prosperity Bancshares's last annual report (Dec 2022), the company's revenue was $883K, which missed the average analysts forecast of $1.15B by -99.92%. Apple's EBITDA was $784.07M, beating the average prediction of $653.34M by 20.01%. The company's net income was $524.52M, missing the average estimation of $533.9M by -1.76%. Apple's SG&A was $339.1M, missing the average forecast of $353.89M by -4.18%. Lastly, the company's EPS was $5.66, missing the average prediction of $5.67 by -0.26%. In terms of the last quarterly report (Sep 2023), Prosperity Bancshares's revenue was $268.08M, missing the average analysts' forecast of $279.9M by -4.22%. The company's EBITDA was $112.21M, missing the average prediction of $140.15M by -19.94%. Prosperity Bancshares's net income was $112.21M, beating the average estimation of $110.73M by 1.34%. The company's SG&A was $90.58M, beating the average forecast of $80.88M by 11.99%. Lastly, the company's EPS was $1.2, beating the average prediction of $1.16 by 3.24%