Prosperity Bancshares, Inc.

PB

US7436061052

Banks

Market Closed - Nyse Other stock markets 01:30:02 18/07/2024 am IST			5-day change	1st Jan Change
69.46 ^USD	+1.98%		+12.98%	+2.55%

08/07	Truist Securities Cuts Price Target on Prosperity Bancshares to $68 From $75, Maintains Buy Rating	MT
01/07	Prosperity Bancshares, Inc.(NYSE:PB) added to Russell 1000 Dynamic Index	CI

Prosperity Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2022

January 25, 2023 at 05:00 pm IST

Prosperity Bancshares, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported net interest income was USD 256.14 million compared to USD 244.76 million a year ago. Net income was USD 137.88 million compared to USD 126.79 million a year ago.

Basic earnings per share from continuing operations was USD 1.51 compared to USD 1.38 a year ago. Diluted earnings per share from continuing operations was USD 1.51 compared to USD 1.38 a year ago.

Latest news about Prosperity Bancshares, Inc.

Truist Securities Cuts Price Target on Prosperity Bancshares to $68 From $75, Maintains Buy Rating	08/07	MT
Prosperity Bancshares, Inc.(NYSE:PB) added to Russell 1000 Dynamic Index	01/07	CI
Wedbush Lifts Price Target on Prosperity Bancshares to $70 From $68, Keeps Neutral Rating	25/04	MT
Transcript : Prosperity Bancshares, Inc., Q1 2024 Earnings Call, Apr 24, 2024	24/04
Prosperity Bancshares' Q1 Earnings, Revenue Fall	24/04	MT
Earnings Flash (PB) PROSPERITY BANCSHARES Reports Q1 EPS $1.18, vs. Street Est of $1.16	24/04	MT
Prosperity Bancshares, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	24/04	CI
Tranche Update on Prosperity Bancshares, Inc. (NYSE:PB)'s Equity Buyback Plan announced on January 24, 2024.	24/04	CI
Tranche Update on Prosperity Bancshares, Inc. (NYSE:PB)'s Equity Buyback Plan announced on January 17, 2023.	24/04	CI
Prosperity Bancshares, Inc. Announces Common Stock Dividend, Payable on July 1, 2024	18/04	CI
Morgan Stanley Raises Price Target on Prosperity Bancshares to $70 From $69, Maintains Equalweight Rating	04/04	MT
Prosperity Bancshares Closes Acquisition of Lone Star State Bancshares	02/04	MT
Prosperity Bancshares, Inc. Announces Executive Appointments	02/04	CI
Prosperity Bancshares, Inc. (NYSE:PB) completed the acquisition of Lone Star State Bancshares, Inc.	01/04	CI
Prosperity Bancshares Gets Regulatory Approvals to Close Lone Star State Bancshares Acquisition	20/03	MT
Barclays Initiates Prosperity Bancshares With Equalweight Rating, Price Target is $68	08/03	MT
Prosperity Bancshares Insider Sold Shares Worth $381,850, According to a Recent SEC Filing	06/03	MT
North American Morning Briefing : S&P 500 to Open -2-	08/02	DJ
Morgan Stanley Upgrades Prosperity Bancshares to Equalweight From Underweight, Adjusts PT to $69 From $57	07/02	MT
UBS Trims Prosperity Bancshares Price Target to $76 From $77, Maintains Buy Rating	25/01	MT
Prosperity Bancshares, Inc. Seeks Mergers and Acquisitions	24/01	CI
Transcript : Prosperity Bancshares, Inc., Q4 2023 Earnings Call, Jan 24, 2024	24/01
Prosperity Bancshares Q4 Earnings, Revenue Fall	24/01	MT
Earnings Flash (PB) PROSPERITY BANCSHARES Reports Q4 EPS $1.02, vs. Street Est of $1.19	24/01	MT
Prosperity Bancshares, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	24/01	CI

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Company Profile

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.

Sector

Banks

Calendar

24/07/2024 - Q2 2024 Earnings Release

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Ratings for Prosperity Bancshares, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

69.46 USD

Average target price

71.27 USD

Spread / Average Target

+2.60%

Consensus

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