Prosperity Bancshares Future Growth

Future criteria checks 1/6

Prosperity Bancshares is forecast to grow earnings and revenue by 12.9% and 8.8% per annum respectively. EPS is expected to grow by 13.4% per annum. Return on equity is forecast to be 7.7% in 3 years.

Key information

12.9%

Earnings growth rate

13.4%

EPS growth rate

Banks earnings growth	10.7%
Revenue growth rate	8.8%
Future return on equity	7.7%
Analyst coverage	Good
Last updated	18 Dec 2024

Recent future growth updates

Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 26

Recent updates

Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 26

Prosperity Bancshares: Far From The Best Opportunity In This Space

Mar 18

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

Dec 15

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 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

Earnings and Revenue Growth Forecasts

NYSE:PB - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	1,399	598	N/A	N/A	11
12/31/2025	1,294	546	N/A	N/A	11
12/31/2024	1,183	476	N/A	N/A	11
9/30/2024	1,149	445	686	706	N/A
6/30/2024	1,125	430	648	676	N/A
3/31/2024	1,087	405	623	654	N/A
12/31/2023	1,091	419	612	646	N/A
9/30/2023	1,111	462	580	618	N/A
6/30/2023	1,129	485	534	566	N/A
3/31/2023	1,157	527	421	451	N/A
12/31/2022	1,150	525	464	507	N/A
9/30/2022	1,137	513	544	582	N/A
6/30/2022	1,125	506	538	574	N/A
3/31/2022	1,120	508	665	700	N/A
12/31/2021	1,133	519	676	695	N/A
9/30/2021	1,147	530	686	705	N/A
6/30/2021	1,147	531	558	581	N/A
3/31/2021	1,140	531	579	603	N/A
12/31/2020	1,142	529	560	582	N/A
9/30/2020	1,114	478	531	551	N/A
6/30/2020	1,014	430	615	634	N/A
3/31/2020	924	381	458	479	N/A
12/31/2019	816	333	384	403	N/A
9/30/2019	735	330	422	443	N/A
6/30/2019	737	331	348	369	N/A
3/31/2019	739	330	361	376	N/A
12/31/2018	729	322	305	320	N/A
9/30/2018	724	306	255	271	N/A
6/30/2018	716	291	N/A	341	N/A
3/31/2018	707	278	N/A	324	N/A
12/31/2017	719	272	N/A	391	N/A
9/30/2017	717	274	N/A	328	N/A
6/30/2017	721	275	N/A	315	N/A
3/31/2017	725	274	N/A	318	N/A
12/31/2016	727	274	N/A	334	N/A
9/30/2016	729	276	N/A	384	N/A
6/30/2016	730	278	N/A	341	N/A
3/31/2016	737	282	N/A	355	N/A
12/31/2015	744	287	N/A	311	N/A
9/30/2015	761	294	N/A	347	N/A
6/30/2015	780	300	N/A	350	N/A
3/31/2015	792	304	N/A	352	N/A
12/31/2014	774	297	N/A	348	N/A
9/30/2014	736	282	N/A	339	N/A
6/30/2014	679	261	N/A	334	N/A
3/31/2014	620	239	N/A	308	N/A
12/31/2013	577	221	N/A	308	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PB's forecast earnings growth (12.9% per year) is above the savings rate (2.6%).

Earnings vs Market: PB's earnings (12.9% per year) are forecast to grow slower than the US market (15.2% per year).

High Growth Earnings: PB's earnings are forecast to grow, but not significantly.

Revenue vs Market: PB's revenue (8.8% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: PB's revenue (8.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PB's Return on Equity is forecast to be low in 3 years time (7.7%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 04:49
End of Day Share Price	2024/12/20 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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Prosperity Bancshares Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Recent updates

Upcoming dividend of US$0.58 per share

Independent Director notifies of intention to sell stock

Third quarter 2024 earnings: EPS exceeds analyst expectations

Prosperity Bancshares' (NYSE:PB) Dividend Will Be Increased To $0.58

Prosperity Bancshares, Inc. Reports Net Charge Offs for the Third Quarter Ended September 30, 2024

Second quarter dividend increased to US$0.58

Prosperity Bancshares, Inc. Declares Quarterly Common Stock Dividend for the Fourth Quarter of 2024, Payable on January 2, 2025

Prosperity Bancshares, Inc. to Report Q3, 2024 Results on Oct 23, 2024

Prosperity Bancshares: There Is Still Room For Further Upside

Upcoming dividend of US$0.56 per share

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter dividend of US$0.56 announced

Prosperity Bancshares, Inc.® Announces Common Stock Dividend, Payable on October 1, 2024

Prosperity Bancshares, Inc. to Report Q2, 2024 Results on Jul 24, 2024

Prosperity Bancshares: Close To Being Part Of The Dividend Aristocrats Group

Upcoming dividend of US$0.56 per share

Prosperity Bancshares, Inc. (NYSE:PB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

First quarter 2024 earnings: EPS exceeds analyst expectations

Fourth quarter dividend of US$0.56 announced

Prosperity Bancshares, Inc. Announces Common Stock Dividend, Payable on July 1, 2024

Prosperity Bancshares, Inc. Announces Executive Appointments

Prosperity Bancshares, Inc. (NYSE:PB) completed the acquisition of Lone Star State Bancshares, Inc.

Prosperity Bancshares, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Prosperity Bancshares: Far From The Best Opportunity In This Space

Prosperity Bancshares, Inc., Annual General Meeting, Apr 16, 2024

Executive Vice President recently sold US$382k worth of stock

Upcoming dividend of US$0.56 per share

New minor risk - Insider selling

Full year 2023 earnings: EPS misses analyst expectations

Executive Vice President notifies of intention to sell stock

Full year 2023 earnings: EPS misses analyst expectations

Third quarter dividend of US$0.56 announced

Prosperity Bancshares, Inc. Declares Quarterly Dividend for the First Quarter of 2024, Payable on April 1, 2024

Now 20% undervalued

Prosperity Bancshares, Inc. to Report Q4, 2023 Results on Jan 24, 2024

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

Upcoming dividend of US$0.56 per share at 3.6% yield

Third quarter 2023 earnings: EPS exceeds analyst expectations

Prosperity Bancshares, Inc. Reports Unaudited Net Charge-Offs Results for the Third Quarter Ended September 30, 2023

Prosperity Bancshares, Inc.® Increases Common Stock Dividend for the Fourth Quarter of 2023, Payable on January 2, 2024

Trading Prosperity Bancshares: Enough Damage Priced In

Prosperity Bancshares, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Upcoming dividend of US$0.55 per share at 3.9% yield

New minor risk - Shareholder dilution

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

Prosperity Bancshares, Inc. Reports net Charge-Offs for the Three Months Ended June 30, 2023

Second quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Prosperity Bancshares, Inc. Announces Third Quarter Common Stock Dividend, Payable on October 2, 2023

Prosperity Bancshares, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Upcoming dividend of US$0.55 per share at 3.6% yield

Insider recently bought US$310k worth of stock

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Chairman of the Board recently bought US$124k worth of stock

Independent Director notifies of intention to sell stock

Upcoming dividend of US$0.55 per share at 3.1% yield

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Prosperity Bancshares, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2022

Prosperity Bancshares Q4 2022 Earnings Preview

Prosperity Bancshares, Inc. Declares Quarterly Dividend for the First Quarter of 2023, Payable on April 3, 2023

Prosperity Bancshares announces roughly 4.6M share buyback

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

Prosperity Bancshares, Inc. to Report Q4, 2022 Results on Jan 25, 2023

Upcoming dividend of US$0.55 per share

Prosperity Bancshares, Inc. Reports Net Charge-Off for the Third Quarter Ended September 30, 2022

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Prosperity Bancshares Q3 2022 Earnings Preview

Prosperity Bancshares, Inc. Increases Common Stock Dividend, Payable on January 3, 2023

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

Prosperity Bancshares, Inc. (NYSE:PB) entered into a definitive merger agreement to acquire First Bancshares of Texas, Inc. for approximately $340 million.

Prosperity Bancshares, Inc. (NYSE:PB) entered into a definitive merger agreement to acquire First Bancshares of Texas, Inc. for approximately $340 million.

Prosperity Bancshares to acquire Lone Star State Bancshares, unit

Prosperity Bancshares, Inc. Announces Director Changes, Effective October 5, 2022

Prosperity Bancshares, Inc. to Report Q3, 2022 Results on Oct 26, 2022