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PB

PB - Prosperity Bancshares Inc Stock Price, Fair Value and News

60.21USD-0.15 (-0.25%)Market Closed

Market Summary

PB
USD60.21-0.15
Market Closed
-0.25%

PB Stock Price

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PB RSI Chart

PB Valuation

Market Cap

5.6B

Price/Earnings (Trailing)

13.46

Price/Sales (Trailing)

3.91

EV/EBITDA

3.71

Price/Free Cashflow

9.22

PB Price/Sales (Trailing)

PB Profitability

EBT Margin

37.00%

Return on Equity

5.92%

Return on Assets

1.09%

Free Cashflow Yield

10.84%

PB Fundamentals

PB Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

21.98%

Rev. Growth (Qtr)

-1.03%

PB Earnings

Earnings (TTM)

419.3M

Earnings Growth (Yr)

-30.75%

Earnings Growth (Qtr)

-14.91%

Breaking Down PB Revenue

Last 7 days

-4.8%

Last 30 days

-3.4%

Last 90 days

-6.8%

Trailing 12 Months

-1.5%

How does PB drawdown profile look like?

PB Financial Health

PB Investor Care

Dividend Yield

3.66%

Dividend/Share (TTM)

2.21

Shares Dilution (1Y)

2.43%

Diluted EPS (TTM)

4.51

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.2B1.3B1.4B1.4B
20221.0B1.0B1.0B1.1B
20211.1B1.1B1.1B1.0B
2020943.1M1.0B1.1B1.1B
2019742.3M745.8M747.3M832.9M
2018683.3M699.6M711.9M727.2M
2017663.6M662.2M670.2M677.4M
2016673.3M674.8M673.7M675.8M
2015734.2M715.6M693.7M669.7M
2014575.5M632.7M684.0M714.8M
2013446.3M482.7M501.3M539.3M
2012370.1M367.3M391.8M419.8M
2011381.4M377.7M374.7M371.9M
2010400.5M397.1M391.7M384.5M
20090368.5M389.0M409.6M
2008000347.9M
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Tracking the Latest Insider Buys and Sells of Prosperity Bancshares Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 05, 2024
dowdell robert j.
sold
-381,850
64.5672
-5,914
executive vice president
Feb 12, 2024
henderson leah
gifted
-
-
5,301
-
Jan 29, 2024
collier w.r.
gifted
-
-
50.00
-
Jan 29, 2024
collier w.r.
gifted
-
-
-50.00
-
Jan 16, 2024
timanus h e jr
acquired
-
-
25,000
chairman
Jan 16, 2024
zalman david
acquired
-
-
35,000
senior chairman & ceo
Jan 16, 2024
safady edward z
acquired
-
-
25,000
vice chairman
Jan 16, 2024
dowdell robert j.
acquired
-
-
10,000
executive vice president
Jan 16, 2024
hester randy
acquired
-
-
10,000
executive vice president
Jan 16, 2024
rasche charlotte m
acquired
-
-
10,000
evp and general counsel

1–10 of 50

Which funds bought or sold PB recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-445
15,126
-%
Apr 11, 2024
City State Bank
unchanged
-
-1,000
33,000
0.01%
Apr 11, 2024
PRIVATE CAPITAL MANAGEMENT LLC
unchanged
-
-19,500
657,800
0.13%
Apr 10, 2024
AMERICAN NATIONAL BANK
unchanged
-
-17,141
578,206
0.08%
Apr 10, 2024
Inscription Capital, LLC
sold off
-100
-674,997
-
-%
Apr 10, 2024
Founders Capital Management
unchanged
-
-942
31,772
0.02%
Apr 10, 2024
Bruce G. Allen Investments, LLC
unchanged
-
-16.00
526
-%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
50,256
50,256
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
-19.00
658
-%
Apr 09, 2024
Alaska Permanent Fund Corp
sold off
-
-
-
-%

1–10 of 49

Are Funds Buying or Selling PB?

Are funds buying PB calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PB
No. of Funds

Unveiling Prosperity Bancshares Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.34%
9,693,076
SC 13G/A
Feb 06, 2024
victory capital management inc
6.33%
5,928,697
SC 13G/A
Jan 25, 2024
blackrock inc.
8.9%
8,302,024
SC 13G/A
Jan 25, 2024
state street corp
6.24%
5,848,700
SC 13G/A
Feb 09, 2023
state street corp
7.99%
7,292,090
SC 13G/A
Feb 09, 2023
vanguard group inc
10.40%
9,496,533
SC 13G/A
Feb 01, 2023
victory capital management inc
6.24%
5,696,916
SC 13G
Jan 25, 2023
blackrock inc.
9.1%
8,352,397
SC 13G/A
Feb 11, 2022
state street corp
7.40%
6,824,386
SC 13G/A
Feb 07, 2022
blackrock inc.
8.6%
7,968,356
SC 13G/A

Recent SEC filings of Prosperity Bancshares Inc

View All Filings
Date Filed Form Type Document
Apr 01, 2024
8-K
Current Report
Mar 14, 2024
ARS
ARS
Mar 14, 2024
DEF 14A
DEF 14A
Mar 05, 2024
4
Insider Trading
Feb 28, 2024
10-K
Annual Report
Feb 26, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 06, 2024
SC 13G/A
Major Ownership Report
Feb 02, 2024
4
Insider Trading

Peers (Alternatives to Prosperity Bancshares Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
526.7B
171.1B
-4.45% 41.76%
10.63
3.08
60.72% 31.52%
283.0B
130.3B
-0.78% 25.35%
10.67
2.17
79.51% -3.68%
203.8B
85.7B
-2.27% 42.49%
10.65
2.38
41.49% 39.96%
111.9B
133.3B
3.31% 26.15%
12.13
0.84
79.09% -
15.1B
10.2B
-3.38% 12.15%
9.41
1.48
44.53% -22.43%
13.5B
7.9B
-2.08% 18.96%
13.93
1.7
46.47% -49.56%
MID-CAP
6.7B
4.2B
-0.89% 15.18%
7.65
1.61
56.25% -23.46%
6.0B
3.9B
-0.93% 30.63%
8.87
1.53
45.91% -25.03%
3.1B
1.3B
-1.93% 31.98%
11.58
2.43
43.24% -22.35%
3.1B
2.0B
-1.88% 11.78%
16.77
1.57
70.97% -50.03%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
25.23% -24.02%
394.8M
164.9M
-9.61% 26.68%
33.75
2.39
42.66% -70.76%
363.0M
162.6M
-11.01% -6.09%
12.07
2.23
25.39% -38.37%
277.7M
96.6M
-6.73% 6.51%
8.76
2.87
11.02% -11.37%
41.0M
60.9M
-4.40% -25.08%
-12.25
0.67
24.06% -144.92%

Prosperity Bancshares Inc News

Latest updates
Defense World13 Apr 202410:09 am
Yahoo News Canada10 Apr 202406:24 pm
Yahoo Finance02 Apr 202407:00 am
Yahoo Finance20 Mar 202407:00 am

Prosperity Bancshares Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-1.0%376380360327309280258249254260261272279282287296273186188186187
EBITDA Margin-9.0%1.05*1.16*1.29*1.45*1.55*1.61*1.62*1.62*1.61*1.59*1.57*1.53*---------
Interest Expenses-1.1%237240236243256261248240245249245255258258259256232154155155157
Income Taxes-14.8%26.0030.0025.0034.0037.0037.0035.0033.0034.0035.0035.0036.0037.0035.009.0035.0023.0021.0021.0021.0021.00
Earnings Before Taxes-14.9%121143112159175173163155161163166170174165140166109103103104105
EBT Margin-13.3%0.37*0.43*0.48*0.57*0.61*0.63*0.63*0.63*0.63*0.63*0.62*0.58*---------
Net Income-14.9%95.0011287.0012513813612812212712913113313713013113186.0082.0082.0082.0083.00
Net Income Margin-13.4%0.29*0.34*0.38*0.45*0.48*0.49*0.50*0.50*0.50*0.49*0.49*0.47*---------
Free Cashflow-90.0%23.00232187170-8.6518674.0021271.00181201223---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-1.9%38,54839,29639,90538,79737,69037,84438,05738,27137,83436,51236,10035,55834,05933,19832,96731,74332,18610,50022,37522,35422,693
    Cash Equivalents-6.00---4.00---4.00---7.00---73.00---2.00
  Net PPE-0.1%370370365345339337336336320323325327324326325327327264262258257
  Goodwill0.0%3,3963,3963,3843,2323,2323,2323,2323,2323,2323,2323,2323,2323,2323,2323,2323,2233,2241,9011,9011,9011,901
Liabilities-2.5%31,46932,26332,93731,09030,99031,23230,86531,76731,40730,16729,79029,33727,92927,16327,01925,88826,21517,96618,24718,24418,641
Shareholder's Equity0.7%7,0797,0336,9686,7396,6996,6126,5226,5046,4276,3456,3106,2226,1316,0355,9485,8565,9711,2004,1284,1104,053
  Retained Earnings1.3%3,2833,2403,1803,1443,0702,9822,8942,8132,7382,6592,5762,4912,4032,3112,2242,1362,1412,0982,0451,9911,937
  Additional Paid-In Capital0.1%3,7043,7013,6983,5083,5423,5393,5363,5983,5953,5923,6403,6373,6343,6313,6333,6303,7351,9602,0132,0482,045
Shares Outstanding0.0%94.0094.0094.0091.0091.0091.0091.0092.0092.0092.0093.0093.00---------
Float---5,080---5,960---6,390---5,310---4,300--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-88.5%27,948243,735194,899179,773-478191,79779,525235,68275,023184,115204,843230,74785,42559,512227,453209,93153,816142,70972,924133,56593,938
  Share Based Compensation-0.7%3,1253,1472,7433,1663,3082,8572,6772,9233,0842,9983,0843,4063,1333,1712,9633,3402,9632,4942,3452,8042,582
Cashflow From Investing-8.6%619,750677,734-101,088-102,124-19,892-207,953-271,198-1,464,584137,891-440,820-1,458,791-963,183-567,803520,100-1,346,989120,384689,341359,862-4,333215,11811,045
Cashflow From Financing12.9%-701,758-806,025-102,335-96,229-157,893224,635-975,005241,5171,279,443252,168357,8871,345,108738,265174,6091,070,843-522,289-589,929-384,315-58,031-467,74611,674
  Dividend Payments1.8%52,48051,54551,61650,07450,21847,42947,57047,92347,92445,25545,53945,53545,35342,62442,62343,22343,57728,04328,64328,63728,633
  Buy Backs---34,20838,040--------1974,903-110,061-56,063---

PB Income Statement

2023-12-31
Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
INTEREST INCOME:   
Loans, including fees$ 1,148,996,000$ 831,189,000$ 869,908,000
Securities283,302,000260,416,000175,459,000
Federal funds sold and other earning assets12,245,0003,230,0001,556,000
Total interest income1,444,543,0001,094,835,0001,046,923,000
INTEREST EXPENSE:   
Deposits272,345,00068,112,00052,913,000
Other borrowings206,323,00018,851,000 
Securities sold under repurchase agreements9,404,0002,641,000702,000
Subordinated notes38,000  
Total interest expense488,110,00089,604,00053,615,000
NET INTEREST INCOME956,433,0001,005,231,000993,308,000
PROVISION FOR CREDIT LOSSES18,540,0000 
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES937,893,0001,005,231,000993,308,000
NONINTEREST INCOME:   
Nonsufficient funds (NSF) fees33,691,00034,014,00029,610,000
Credit card, debit card and ATM card income36,471,00034,764,00034,680,000
Service charges on deposit accounts24,582,00024,730,00024,392,000
Trust income13,269,00012,250,00010,278,000
Mortgage income2,298,0001,399,0008,302,000
Brokerage income4,275,0003,654,0003,320,000
Net gain on sale or write down of assets1,986,0003,934,0001,097,000
Other36,693,00030,383,00028,287,000
Total noninterest income153,265,000145,128,000139,966,000
NONINTEREST EXPENSE:   
Salaries and employee benefits328,430,000314,713,000310,556,000
Net occupancy and equipment35,517,00032,446,00032,184,000
Credit and debit card, data processing and software amortization41,570,00037,327,00035,104,000
Regulatory assessments and FDIC insurance40,165,00011,381,00010,638,000
Core deposit intangibles amortization12,676,00010,336,00011,551,000
Depreciation18,283,00017,960,00018,095,000
Communications14,413,00013,005,00012,028,000
Net other real estate (income) expense(834,000)(122,000)(2,224,000)
Merger related expenses15,133,000272,000 
Other51,345,00046,868,00045,688,000
Total noninterest expense556,698,000484,186,000473,620,000
INCOME BEFORE INCOME TAXES534,460,000666,173,000659,654,000
PROVISION FOR INCOME TAXES115,144,000141,657,000140,357,000
NET INCOME$ 419,316,000$ 524,516,000$ 519,297,000
EARNINGS PER SHARE:   
Basic$ 4.51$ 5.73$ 5.60
Diluted$ 4.51$ 5.73$ 5.60

PB Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS  
Cash and due from banks$ 458,153$ 423,832
Federal funds sold260301
Total cash and cash equivalents458,413424,133
Available for sale securities, at fair value438,588456,502
Held to maturity securities, at cost (fair value of $10,984,598 and $12,387,125 respectively)12,365,30814,019,503
Total securities12,803,89614,476,005
Loans held for sale5,734554
Loans held for investment20,352,55918,098,653
Loans held for investment - Warehouse Purchase Program822,245740,620
Total loans21,180,53818,839,827
Less: allowance for credit losses on loans(332,362)(281,576)
Loans, net20,848,17618,558,251
Accrued interest receivable96,32788,438
Goodwill3,396,0863,231,636
Core deposit intangibles, net63,99451,348
Bank premises and equipment, net369,992339,453
Other real estate owned1,7081,963
Bank owned life insurance (BOLI)379,447327,439
Federal Home Loan Bank of Dallas stock8,75090,025
Other assets121,088101,138
TOTAL ASSETS38,547,87737,689,829
Deposits:  
Noninterest-bearing9,776,57210,915,448
Interest-bearing17,403,23717,618,083
Total deposits27,179,80928,533,531
Other borrowings3,725,0001,850,000
Securities sold under repurchase agreements309,277428,134
Accrued interest payable34,8194,495
Allowance for credit losses on off-balance sheet credit exposures36,50329,947
Other liabilities183,139144,348
Total liabilities31,468,54730,990,455
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:  
Preferred stock, $1 par value; 20,000,000 shares authorized; none issued or outstanding
Common stock, $1 par value; 200,000,000 shares authorized; 93,722,383 shares issued and outstanding at December 31, 2023; 91,313,615 shares issued and outstanding at December 31, 202293,72391,314
Capital surplus3,703,7953,541,924
Retained earnings3,283,2103,069,609
Accumulated other comprehensive loss - net unrealized gain on available for sale securities, net of tax benefit of $(372) and $(923), respectively(1,398)(3,473)
Total shareholders’ equity7,079,3306,699,374
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY38,547,87737,689,829
Warehouse Purchase Program [Member]  
ASSETS  
Loans held for investment822,245740,620
Total loans822,245$ 740,620
Loans, net$ 822,200 
PB
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was founded in 1983 and is based in Houston, Texas.
 CEO
 WEBSITEprosperitybankusa.com
 INDUSTRYBanks Diversified
 EMPLOYEES3710

Prosperity Bancshares Inc Frequently Asked Questions


What is the ticker symbol for Prosperity Bancshares Inc? What does PB stand for in stocks?

PB is the stock ticker symbol of Prosperity Bancshares Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Prosperity Bancshares Inc (PB)?

As of Fri Apr 12 2024, market cap of Prosperity Bancshares Inc is 5.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PB stock?

You can check PB's fair value in chart for subscribers.

What is the fair value of PB stock?

You can check PB's fair value in chart for subscribers. The fair value of Prosperity Bancshares Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Prosperity Bancshares Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Prosperity Bancshares Inc a good stock to buy?

The fair value guage provides a quick view whether PB is over valued or under valued. Whether Prosperity Bancshares Inc is cheap or expensive depends on the assumptions which impact Prosperity Bancshares Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PB.

What is Prosperity Bancshares Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, PB's PE ratio (Price to Earnings) is 13.46 and Price to Sales (PS) ratio is 3.91. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PB PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Prosperity Bancshares Inc's stock?

In the past 10 years, Prosperity Bancshares Inc has provided 0.019 (multiply by 100 for percentage) rate of return.