Prosperity Bancshares Past Earnings Performance
Past criteria checks 2/6
Prosperity Bancshares has been growing earnings at an average annual rate of 1.9%, while the Banks industry saw earnings growing at 7% annually. Revenues have been growing at an average rate of 4.2% per year. Prosperity Bancshares's return on equity is 6%, and it has net margins of 38.7%.
Key information
1.9%
Earnings growth rate
-1.1%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 4.2% |
| Return on equity | 6.0% |
| Net Margin | 38.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 15Prosperity Bancshares' (NYSE:PB) Upcoming Dividend Will Be Larger Than Last Year's
Oct 28Trading 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 (NYSE:PB) Is Paying Out A Larger Dividend Than Last Year
Dec 09Prosperity Bancshares (NYSE:PB) Is Increasing Its Dividend To $0.55
Nov 17Prosperity Bancshares (NYSE:PB) Will Pay A Larger Dividend Than Last Year At $0.55
Nov 01Prosperity 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 26Prosperity Bancshares: Flattish Earnings Outlook
Dec 12Revenue & Expenses Breakdown
How Prosperity Bancshares makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 1,149 | 445 | 416 | 0 |
| 30 Jun 24 | 1,125 | 430 | 413 | 0 |
| 31 Mar 24 | 1,087 | 405 | 409 | 0 |
| 31 Dec 23 | 1,091 | 419 | 400 | 0 |
| 30 Sep 23 | 1,111 | 462 | 394 | 0 |
| 30 Jun 23 | 1,129 | 485 | 386 | 0 |
| 31 Mar 23 | 1,157 | 527 | 380 | 0 |
| 31 Dec 22 | 1,150 | 525 | 381 | 0 |
| 30 Sep 22 | 1,137 | 513 | 382 | 0 |
| 30 Jun 22 | 1,125 | 506 | 380 | 0 |
| 31 Mar 22 | 1,120 | 508 | 375 | 0 |
| 31 Dec 21 | 1,133 | 519 | 376 | 0 |
| 30 Sep 21 | 1,147 | 530 | 377 | 0 |
| 30 Jun 21 | 1,147 | 531 | 375 | 0 |
| 31 Mar 21 | 1,140 | 531 | 380 | 0 |
| 31 Dec 20 | 1,142 | 529 | 379 | 0 |
| 30 Sep 20 | 1,114 | 478 | 369 | 0 |
| 30 Jun 20 | 1,014 | 430 | 342 | 0 |
| 31 Mar 20 | 924 | 381 | 309 | 0 |
| 31 Dec 19 | 816 | 333 | 277 | 0 |
| 30 Sep 19 | 735 | 330 | 256 | 0 |
| 30 Jun 19 | 737 | 331 | 255 | 0 |
| 31 Mar 19 | 739 | 330 | 256 | 0 |
| 31 Dec 18 | 729 | 322 | 256 | 0 |
| 30 Sep 18 | 724 | 306 | 253 | 0 |
| 30 Jun 18 | 716 | 291 | 249 | 0 |
| 31 Mar 18 | 707 | 278 | 242 | 0 |
| 31 Dec 17 | 719 | 272 | 241 | 0 |
| 30 Sep 17 | 717 | 274 | 243 | 0 |
| 30 Jun 17 | 721 | 275 | 244 | 0 |
| 31 Mar 17 | 725 | 274 | 246 | 0 |
| 31 Dec 16 | 727 | 274 | 248 | 0 |
| 30 Sep 16 | 729 | 276 | 246 | 0 |
| 30 Jun 16 | 730 | 278 | 244 | 0 |
| 31 Mar 16 | 737 | 282 | 244 | 0 |
| 31 Dec 15 | 744 | 287 | 244 | 0 |
| 30 Sep 15 | 761 | 294 | 246 | 0 |
| 30 Jun 15 | 780 | 300 | 253 | 0 |
| 31 Mar 15 | 792 | 304 | 259 | 0 |
| 31 Dec 14 | 774 | 297 | 252 | 0 |
| 30 Sep 14 | 736 | 282 | 240 | 0 |
| 30 Jun 14 | 679 | 261 | 222 | 0 |
| 31 Mar 14 | 620 | 239 | 203 | 0 |
| 31 Dec 13 | 577 | 221 | 190 | 0 |
Quality Earnings: PB has high quality earnings.
Growing Profit Margin: PB's current net profit margins (38.7%) are lower than last year (41.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PB's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: PB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PB had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Banks industry average (-11.8%).
Return on Equity
High ROE: PB's Return on Equity (6%) is considered low.