company background image
PB logo

Prosperity Bancshares NYSE:PB Stock Report

Last Price

US$63.01

Market Cap

US$5.9b

7D

-0.7%

1Y

-15.0%

Updated

25 Feb, 2024

Data

Company Financials +

Prosperity Bancshares, Inc.

NYSE:PB Stock Report

Market Cap: US$5.9b

PB Stock Overview

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers.

PB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Prosperity Bancshares, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Prosperity Bancshares
Historical stock prices
Current Share PriceUS$63.01
52 Week HighUS$74.74
52 Week LowUS$49.60
Beta0.96
1 Month Change-4.17%
3 Month Change7.40%
1 Year Change-14.99%
3 Year Change-14.24%
5 Year Change-15.72%
Change since IPO913.19%

Recent News & Updates

Prosperity Bancshares: Likely To Highly Reward Investors In A Lower Rate Environment

Dec 15

Recent updates

Prosperity Bancshares: Likely To Highly Reward Investors In A Lower Rate Environment

Dec 15

Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Oct 28
Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's

Trading Prosperity Bancshares: Enough Damage Priced In

Oct 11

Prosperity Bancshares: Priority Is To Bring Net Interest Margin Back Up

Jul 30

Prosperity Bancshares Q4 2022 Earnings Preview

Jan 24

Prosperity Bancshares announces roughly 4.6M share buyback

Jan 18

Prosperity Bancshares: Earnings Outlook Is Bright But Valuation Is Not Attractive

Jan 06

Prosperity Bancshares (NYSE:PB) Is Paying Out A Larger Dividend Than Last Year

Dec 09
Prosperity Bancshares (NYSE:PB) Is Paying Out A Larger Dividend Than Last Year

Prosperity Bancshares (NYSE:PB) Is Increasing Its Dividend To $0.55

Nov 17
Prosperity Bancshares (NYSE:PB) Is Increasing Its Dividend To $0.55

Prosperity Bancshares (NYSE:PB) Will Pay A Larger Dividend Than Last Year At $0.55

Nov 01
Prosperity Bancshares (NYSE:PB) Will Pay A Larger Dividend Than Last Year At $0.55

Prosperity Bancshares Q3 2022 Earnings Preview

Oct 25

Prosperity Bancshares Is Trading At A Nearly 10-Year Low Valuation Level

Oct 18

Prosperity Bancshares to acquire Lone Star State Bancshares, unit

Oct 11

Prosperity Bancshares: Flattish Earnings, Unattractive Valuation

Aug 03

Prosperity Bancshares declares $0.52 dividend

Jul 21

Prosperity Bancshares: Higher Rates Help Earnings, But Persistent Loan Declines Remain Worrisome

May 20

Without Some Offense, Prosperity Bancshares' Defensive Characteristics Aren't A Big Plus Today

Feb 26

Prosperity Bancshares: Flattish Earnings Outlook

Dec 12

Do Prosperity Bancshares's (NYSE:PB) Earnings Warrant Your Attention?

Nov 28
Do Prosperity Bancshares's (NYSE:PB) Earnings Warrant Your Attention?

Prosperity Bancshares: Securities Growth To Buoy Net Interest Income

Sep 27

With EPS Growth And More, Prosperity Bancshares (NYSE:PB) Is Interesting

Aug 03
With EPS Growth And More, Prosperity Bancshares (NYSE:PB) Is Interesting

Prosperity Bancshares: Earnings Likely To Be Somewhat Flat

Jul 11

Prosperity Bancshares, Inc. 2021 Q1 - Results - Earnings Call Presentation

Apr 30

Prosperity Bancshares EPS beats by $0.06, beats on revenue

Apr 28

Shareholders Will Most Likely Find Prosperity Bancshares, Inc.'s (NYSE:PB) CEO Compensation Acceptable

Apr 13
Shareholders Will Most Likely Find Prosperity Bancshares, Inc.'s (NYSE:PB) CEO Compensation Acceptable

Does Prosperity Bancshares (NYSE:PB) Deserve A Spot On Your Watchlist?

Mar 29
Does Prosperity Bancshares (NYSE:PB) Deserve A Spot On Your Watchlist?

Is It Smart To Buy Prosperity Bancshares, Inc. (NYSE:PB) Before It Goes Ex-Dividend?

Mar 07
Is It Smart To Buy Prosperity Bancshares, Inc. (NYSE:PB) Before It Goes Ex-Dividend?

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

Feb 01

How Many Prosperity Bancshares, Inc. (NYSE:PB) Shares Did Insiders Buy, In The Last Year?

Jan 21
How Many Prosperity Bancshares, Inc. (NYSE:PB) Shares Did Insiders Buy, In The Last Year?

What Type Of Shareholders Make Up Prosperity Bancshares, Inc.'s (NYSE:PB) Share Registry?

Dec 30
What Type Of Shareholders Make Up Prosperity Bancshares, Inc.'s (NYSE:PB) Share Registry?

Shareholder Returns

PBUS BanksUS Market
7D-0.7%0.7%1.3%
1Y-15.0%4.4%25.6%

Return vs Industry: PB underperformed the US Banks industry which returned 4.4% over the past year.

Return vs Market: PB underperformed the US Market which returned 25.6% over the past year.

Price Volatility

Is PB's price volatile compared to industry and market?
PB volatility
PB Average Weekly Movement3.7%
Banks Industry Average Movement4.7%
Market Average Movement6.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PB has not had significant price volatility in the past 3 months.

Volatility Over Time: PB's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19833,850David Zalmanhttps://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; 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

How do Prosperity Bancshares's earnings and revenue compare to its market cap?
PB fundamental statistics
Market capUS$5.91b
Earnings (TTM)US$419.32m
Revenue (TTM)US$1.09b

14.1x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PB income statement (TTM)
RevenueUS$1.09b
Cost of RevenueUS$0
Gross ProfitUS$1.09b
Other ExpensesUS$671.84m
EarningsUS$419.32m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.47
Gross Margin100.00%
Net Profit Margin38.43%
Debt/Equity Ratio57.0%

How did PB perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

49%

Payout Ratio

Does PB pay a reliable dividends?

See PB dividend history and benchmarks
When do you need to buy PB by to receive an upcoming dividend?
Prosperity Bancshares dividend dates
Ex Dividend DateMar 14 2024
Dividend Pay DateApr 01 2024
Days until Ex dividend17 days
Days until Dividend pay date35 days

Does PB pay a reliable dividends?

See PB dividend history and benchmarks
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.