Prosperity Bancshares Management
Management criteria checks 4/4
Prosperity Bancshares' CEO is David Zalman, appointed in Jan 2001, has a tenure of 23.92 years. total yearly compensation is $3.23M, comprised of 33.2% salary and 66.8% bonuses, including company stock and options. directly owns 0.93% of the company’s shares, worth $67.11M. The average tenure of the management team and the board of directors is 5.8 years and 23.9 years respectively.
Key information
David Zalman
Chief executive officer
US$3.2m
Total compensation
| CEO salary percentage | 33.2% |
| CEO tenure | 23.9yrs |
| CEO ownership | 0.9% |
| Management average tenure | 5.8yrs |
| Board average tenure | 23.9yrs |
Recent management 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 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$445m |
| Jun 30 2024 | n/a | n/a | US$430m |
| Mar 31 2024 | n/a | n/a | US$405m |
| Dec 31 2023 | US$3m | US$1m | US$419m |
| Sep 30 2023 | n/a | n/a | US$462m |
| Jun 30 2023 | n/a | n/a | US$485m |
| Mar 31 2023 | n/a | n/a | US$527m |
| Dec 31 2022 | US$3m | US$1m | US$525m |
| Sep 30 2022 | n/a | n/a | US$513m |
| Jun 30 2022 | n/a | n/a | US$506m |
| Mar 31 2022 | n/a | n/a | US$508m |
| Dec 31 2021 | US$6m | US$1m | US$519m |
| Sep 30 2021 | n/a | n/a | US$530m |
| Jun 30 2021 | n/a | n/a | US$531m |
| Mar 31 2021 | n/a | n/a | US$531m |
| Dec 31 2020 | US$3m | US$990k | US$529m |
| Sep 30 2020 | n/a | n/a | US$478m |
| Jun 30 2020 | n/a | n/a | US$430m |
| Mar 31 2020 | n/a | n/a | US$381m |
| Dec 31 2019 | US$4m | US$964k | US$333m |
| Sep 30 2019 | n/a | n/a | US$330m |
| Jun 30 2019 | n/a | n/a | US$331m |
| Mar 31 2019 | n/a | n/a | US$330m |
| Dec 31 2018 | US$5m | US$944k | US$322m |
| Sep 30 2018 | n/a | n/a | US$306m |
| Jun 30 2018 | n/a | n/a | US$291m |
| Mar 31 2018 | n/a | n/a | US$278m |
| Dec 31 2017 | US$2m | US$899k | US$272m |
Compensation vs Market: David's total compensation ($USD3.23M) is below average for companies of similar size in the US market ($USD7.97M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Zalman (67 yo)
23.9yrs
Tenure
US$3,229,008
Compensation
Mr. David E. Zalman serves as the Senior Chairman of Prosperity Bancshares Inc. since November 1, 2019. He served as the Chairman of Prosperity Bancshares Inc. since 2001 until November 1, 2019 and also is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior Chairman & CEO | 23.9yrs | US$3.23m | 0.93% $ 67.1m | |
| Chairman of the Board | 23.8yrs | US$1.61m | 0.56% $ 39.9m | |
| President | 5.1yrs | US$2.45m | 0.23% $ 16.3m | |
| Chief Financial Officer | 5.7yrs | US$791.96k | 0.017% $ 1.2m | |
| Advisory Director & Vice Chairman | no data | US$1.52m | 0.088% $ 6.3m | |
| Executive VP & General Counsel | 12.7yrs | US$1.51m | 0.070% $ 5.0m | |
| Executive Vice President | 5.8yrs | no data | 0.041% $ 2.9m | |
| Senior VP & Associate General Counsel | no data | no data | no data | |
| Executive VP & Director of Corporate Strategy | 5.1yrs | US$1.69m | 0.081% $ 5.8m | |
| President of Camp Wisdom Banking Center | 21.6yrs | no data | no data | |
| President of Central Texas - Prosperity Bank | no data | no data | no data | |
| President of Calallen Banking Center - Prosperity Bank | no data | no data | no data |
5.8yrs
Average Tenure
66.5yo
Average Age
Experienced Management: PB's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Senior Chairman & CEO | 23.9yrs | US$3.23m | 0.93% $ 67.1m | |
| Chairman of the Board | 23.8yrs | US$1.61m | 0.56% $ 39.9m | |
| President | 5.1yrs | US$2.45m | 0.23% $ 16.3m | |
| Advisory Director & Vice Chairman | no data | US$1.52m | 0.088% $ 6.3m | |
| Independent Director | 41.9yrs | US$140.29k | 0.39% $ 28.1m | |
| Independent Director | 41.9yrs | US$142.39k | 0.14% $ 10.2m | |
| Independent Presiding Director | 33.9yrs | US$133.84k | 0.36% $ 25.6m | |
| Independent Director | 24.7yrs | US$144.49k | 0.31% $ 22.4m | |
| Director | 23.1yrs | US$135.19k | 0.29% $ 21.1m | |
| Independent Director | 10.7yrs | US$140.29k | 0.022% $ 1.6m | |
| Chairman of Bryan | no data | no data | no data | |
| Chairman of South Texas Area - Prosperity Bank | 11.1yrs | no data | no data |
23.9yrs
Average Tenure
79yo
Average Age
Experienced Board: PB's board of directors are seasoned and experienced ( 23.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 03:03 |
| End of Day Share Price | 2024/12/27 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 |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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
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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 |