PB Stock Overview
Operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
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Prosperity Bancshares, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$75.14 |
| 52 Week High | US$86.76 |
| 52 Week Low | US$57.16 |
| Beta | 0.93 |
| 1 Month Change | -10.26% |
| 3 Month Change | 7.08% |
| 1 Year Change | 10.94% |
| 3 Year Change | 3.40% |
| 5 Year Change | 5.73% |
| Change since IPO | 1,108.23% |
Recent News & Updates
Recent updates
Prosperity Bancshares' (NYSE:PB) Dividend Will Be Increased To $0.58
Oct 23
Prosperity Bancshares: There Is Still Room For Further Upside
Sep 17Prosperity Bancshares: Close To Being Part Of The Dividend Aristocrats Group
Jun 07Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 26Prosperity Bancshares: Far From The Best Opportunity In This Space
Mar 18Prosperity Bancshares: Likely To Highly Reward Investors In A Lower Rate Environment
Dec 15Trading Prosperity Bancshares: Enough Damage Priced In
Oct 11Prosperity Bancshares: Priority Is To Bring Net Interest Margin Back Up
Jul 30Prosperity Bancshares Q4 2022 Earnings Preview
Jan 24Prosperity Bancshares announces roughly 4.6M share buyback
Jan 18Prosperity Bancshares: Earnings Outlook Is Bright But Valuation Is Not Attractive
Jan 06Prosperity Bancshares Q3 2022 Earnings Preview
Oct 25Prosperity Bancshares Is Trading At A Nearly 10-Year Low Valuation Level
Oct 18Prosperity Bancshares to acquire Lone Star State Bancshares, unit
Oct 11Prosperity Bancshares: Flattish Earnings, Unattractive Valuation
Aug 03Prosperity Bancshares declares $0.52 dividend
Jul 21Prosperity Bancshares: Higher Rates Help Earnings, But Persistent Loan Declines Remain Worrisome
May 20Without Some Offense, Prosperity Bancshares' Defensive Characteristics Aren't A Big Plus Today
Feb 26Shareholder Returns
| PB | US Banks | US Market | |
|---|---|---|---|
| 7D | -0.7% | 0.8% | 0.6% |
| 1Y | 10.9% | 29.4% | 23.7% |
Return vs Industry: PB underperformed the US Banks industry which returned 29.4% over the past year.
Return vs Market: PB underperformed the US Market which returned 23.7% over the past year.
Price Volatility
| PB volatility | |
|---|---|
| PB Average Weekly Movement | 4.0% |
| Banks Industry Average Movement | 5.2% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: PB has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: PB's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 3,850 | David Zalman | www.prosperitybankusa.com |
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; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.
Prosperity Bancshares, Inc. Fundamentals Summary
| PB fundamental statistics | |
|---|---|
| Market cap | US$7.19b |
| Earnings (TTM) | US$444.79m |
| Revenue (TTM) | US$1.15b |
16.1x
P/E Ratio1.0x
P/B RatioIs PB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PB income statement (TTM) | |
|---|---|
| Revenue | US$1.15b |
| Cost of Revenue | US$0 |
| Gross Profit | US$1.15b |
| Other Expenses | US$704.39m |
| Earnings | US$444.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 4.67 |
| Gross Margin | 100.00% |
| Net Profit Margin | 38.70% |
| Debt/Equity Ratio | 56.1% |
How did PB perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield48%
Payout RatioDoes PB pay a reliable dividends?
See PB dividend history and benchmarks| Prosperity Bancshares dividend dates | |
|---|---|
| Ex Dividend Date | Dec 13 2024 |
| Dividend Pay Date | Jan 02 2025 |
| Days until Ex dividend | 18 days |
| Days until Dividend pay date | 2 days |
Does PB pay a reliable dividends?
See PB dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:19 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Prosperity Bancshares, Inc. is covered by 41 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bryce Rowe | Baird |
| Jared Shaw | Barclays |
| Peter Winter | BMO Capital Markets Equity Research |