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Prosperity Bancshares (PB)
NYSE:PB
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PB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.16 - $86.76
Previous Close$80.02
Volume433.36K
Average Volume (3M)543.40K
Market Cap
$7.62B
Enterprise Value$11.56B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.94B
Price to Earnings (P/E)17.0
Beta0.85
Next Earnings
Jan 22, 2025EPS Estimate
$1.34Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.8%
Share Statistics
EPS (TTM)4.70
Shares Outstanding95,264,666
10 Day Avg. Volume362,547
30 Day Avg. Volume543,400
Standard Deviation0.08
R-Squared0.34
Alpha-0.00236
Financial Highlights & Ratios
Price to Book (P/B)1.04
Price to Sales (P/S)6.55
Price to Cash Flow (P/CF)6.90
P/FCF Ratio4.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue13.07
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$86.89Price Target Upside8.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
Prosperity Bancshares News
PremiumCompany Announcements
Prosperity Bancshares Revises CEO Employment Agreement TermsBulls Say, Bears Say
Bulls Say
Capital Position And Strategic FlexibilityThe company's strong capital position provides optionality to take proper offensive or defensive measures depending on the economic environment.
Liability Sensitive Balance SheetThe company is in a strong position to benefit from lower rates given its liability sensitive balance sheet.
Net Interest Margin ExpansionProsperity reiterated its expectation that net interest margin will continue to expand over the next several quarters, with an average of 3.27% for the full year 2025.
Bears Say
Deposit RiskThere is a risk that if deposit rates at Lone Star are lowered to align with legacy rates, it could lead to deposit outflows.
Loan GrowthOverall loan growth of 1% was below analyst's forecast of 7% annualized, with loans guided to remain low before potentially increasing in mid-2025.
ValuationThe downgrade from Buy to NEUTRAL is primarily based on valuation as the stock is trading in-line with its 6-year median forward P/E.
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Ownership Overview
4.09% Insiders
32.95% Mutual Funds
14.23% Other Institutional Investors
21.41% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PB FAQ
What was Prosperity Bancshares’s price range in the past 12 months?
Prosperity Bancshares lowest stock price was $57.16 and its highest was $86.75 in the past 12 months.
What is Prosperity Bancshares’s market cap?
Currently, no data Available
When is Prosperity Bancshares’s upcoming earnings report date?
Prosperity Bancshares’s upcoming earnings report date is Jan 22, 2025 which is in 32 days.
How were Prosperity Bancshares’s earnings last quarter?
Prosperity Bancshares released its earnings results on Oct 23, 2024. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.312 by $0.028.
Is Prosperity Bancshares overvalued?
According to Wall Street analysts Prosperity Bancshares’s price is currently Undervalued.
Does Prosperity Bancshares pay dividends?
Prosperity Bancshares pays a Quarterly dividend of $0.579 which represents an annual dividend yield of 2.8%. See more information on Prosperity Bancshares dividends here
What is Prosperity Bancshares’s EPS estimate?
Prosperity Bancshares’s EPS estimate is $1.34.
How many shares outstanding does Prosperity Bancshares have?
Prosperity Bancshares has 95,264,660 shares outstanding.
What happened to Prosperity Bancshares’s price movement after its last earnings report?
Prosperity Bancshares reported an EPS of $1.34 in its last earnings report, beating expectations of $1.312. Following the earnings report the stock price went up 1.027%.
Which hedge fund is a major shareholder of Prosperity Bancshares?
Among the largest hedge funds holding Prosperity Bancshares’s share is Third Avenue Management LLC. It holds Prosperity Bancshares’s shares valued at 7M.
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Prosperity Bancshares Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$86.89 (8.63% Upside)
$86.89 (8.63% Upside)
Blogger Sentiment
Bullish
PB Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 146.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.65%
12-Months-Change
Fundamentals
Return on Equity
6.18%
Trailing 12-Months
Asset Growth
2.09%
Trailing 12-Months
Company Description
Prosperity Bancshares
Prosperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It provides retail and commercial banking services such as deposits, online Internet banking, loan services, investments, trust, credit card and others. The company offers its products to small and medium-sized businesses and consumers. Prosperity Bancshares was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.
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PB Company Deck
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PB Earnings Call
Q3 2024
0:00 / 0:00
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PB Stock 12 Month Forecast
Average Price Target
$86.89
▲(8.63% Upside)
Technical Analysis
Commerce Bancshares
―
Cullen/Frost Bankers
―
First Financial Bankshares
―
Bok Financial
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Best Analysts Covering PB
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+9.75%
reiterated a buy rating 12 days ago
Copying Dave Rochester's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +9.75% per trade.
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