Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Prosperity Bancshares (PB)
:PB
Holding PB?
Track your performance easily
PB Stock Chart & Stats
Day’s Range― - ―
52-Week Range$57.16 - $86.76
Previous CloseN/A
Volume63.18K
Average Volume (3M)440.96K
Market Cap
$7.51B
Enterprise Value$8.83B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$5.78M
Price to Earnings (P/E)16.8
Beta0.92
Next Earnings
Jan 29, 2025EPS Estimate
1.34Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.87%
Share Statistics
EPS (TTM)4.70
Shares Outstanding95,264,660
10 Day Avg. Volume478,092
30 Day Avg. Volume440,961
Standard Deviation0.08
R-Squared0.35
Alpha-0.00376
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)6.46
Price to Cash Flow (P/CF)6.80
P/FCF Ratio4.70
Enterprise Value/Market Cap1.18
Enterprise Value/Revenue9.98
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$89.43Price Target Upside13.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Prosperity Bancshares News
Bulls Say, Bears Say
Bulls Say
Deposit FranchiseThe company boasts a strong deposit franchise, with interest-bearing deposit beta outperforming peers.
Earnings PerformanceCore pre-provision net revenue of $162 million surpassed both internal estimates and market consensus.
Net Interest Margin ExpansionThe company's net interest margin outlook remains durable across a wide range of interest rate scenarios.
Bears Say
Deposit RatesThere is a risk of deposit outflows if deposit rates are lowered at Lone Star to match legacy levels.
Loan GrowthOverall loan growth of 1% was below expectations, with loans guided to remain at a low annualized rate for the next two quarters.
ValuationThe stock's downgrade from Buy to Neutral is primarily due to its valuation trading in-line with its 6-year median forward price-to-earnings ratio.
---
Ownership Overview
3.86% Insiders
32.76% Mutual Funds
0.38% Other Institutional Investors
36.01% Public Companies and Individual Investors
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?
Prosperity Bancshares’s market cap is $7.51B.
When is Prosperity Bancshares’s upcoming earnings report date?
Prosperity Bancshares’s upcoming earnings report date is Jan 29, 2025 which is in 7 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 $2.259 which represents an annual dividend yield of 2.87%. 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?
Currently, no hedge funds are holding shares in PB
---
Prosperity Bancshares Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$89.43 (13.39% Upside)
$89.43 (13.39% Upside)
Blogger Sentiment
Bullish
PB Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 146.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.6%
Last 30 Days ▼ 4.7%
Last 30 Days ▼ 4.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.69%
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.
---
PB Company Deck
---
PB Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment with strong financial metrics, including increased net income, dividends, and net interest margin. However, there were some concerns about noninterest income decline and increased nonperforming assets. Loan growth was somewhat offset by runoff from acquisitions.Read More>---
PB Stock 12 Month Forecast
Average Price Target
$89.43
▲(13.39% Upside)
Technical Analysis
Commerce Bancshares
―
Cullen/Frost Bankers
―
First Financial Bankshares
―
Bok Financial
―
Home Bancshares
―
Ameris Bancorp
―
Best Analysts Covering PB
1 Year
1 Year Success Rate
7/10 ratings generated profit
1 Year Average Return
+6.23%
reiterated a buy rating last month
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 +6.23% per trade.
---