Prosperity Bancshares/PB

$60.36

-1.06%
-
1D1W1MYTD1YMAX

About Prosperity Bancshares

Prosperity Bancshares, Inc. is a regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma. The Company's traditional deposit products include certificates of deposit, interest-checking accounts, money market accounts and savings accounts. It also offers digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management. It operates around 288 full-service banking locations: 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 62 in the Dallas/Fort Worth area; 22 in the East Texas area; 31 in the Central Texas area including Austin and San Antonio; 49 in the West Texas area including Lubbock, Midland-Odessa, Abilene, Amarillo and Wichita Falls; 15 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area.

Ticker

PB

Sector

Financials

Trading on

NYSE

Industry

Money Center Banks

CEO

David Zalman

Employees

3,850

Headquarters

Houston, United States

PB Metrics

BasicAdvanced
$5.65B
Market cap
13.36
P/E ratio
$4.52
EPS
0.95
Beta
$2.21
Dividend rate
3.71%
Dividend yield
$5.65B
0.95198
$68.88
$49.60
565.34K
$2.21
56.987
49.06%
1.1%
6.09%
13.358
5.087
0.799
1.56
13.888
2.9%
3.66%
3.71%
31.94%
-21.1%
8.09%
-7.4%
5.73%

What the Analysts think about PB

Analyst Ratings

Majority rating from 16 analysts.
Buy

Price Targets

Average projection from 16 analysts.
19.91% upside
High $80.00
Low $66.00
$60.36
Current price
$72.38
Average price target

PB Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
23.1% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$412.9M
-1.46%
Net income
$95.4M
-14.97%
Profit margin
23.1%
-13.71%

PB Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 12.59%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$1.37
$0.94
$1.20
$1.02
-
Expected
$1.34
$1.15
$1.15
$1.17
$1.16
Surprise
2.01%
-18.13%
3.96%
-12.59%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Prosperity Bancshares stock?

Prosperity Bancshares (PB) has a market cap of $5.65B as of April 14, 2024.

What is the P/E ratio for Prosperity Bancshares stock?

The price to earnings (P/E) ratio for Prosperity Bancshares (PB) stock is 13.36 as of April 14, 2024.

Does Prosperity Bancshares stock pay dividends?

Yes, the Prosperity Bancshares (PB) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $2.21 and the yield is 3.71%. Prosperity Bancshares has a payout ratio of 49.06% on a trailing twelve-month basis.

When is the next Prosperity Bancshares dividend payment date?

The next Prosperity Bancshares (PB) dividend payment date is unconfirmed.

What is the beta indicator for Prosperity Bancshares?

Prosperity Bancshares (PB) has a beta rating of 0.95. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Prosperity Bancshares stock price target?

The target price for Prosperity Bancshares (PB) stock is $72.38, which is 19.91% above the current price of $60.36. This is an average based on projections from 16 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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