CFO4Life Group LLC Buys New Stake in Prosperity Bancshares, Inc. $PB

Key Points

• CFO4Life Group purchased 17,922 shares of Prosperity Bancshares during the second quarter, worth approximately $1.31 million. Institutional investors collectively own 80.69% of the company.
• Prosperity Bancshares reported quarterly EPS of $1.62, beating estimates of $1.50, while revenue rose 25.9% year over year to $369.18 million. The bank also declared a quarterly dividend of $0.60 per share, equating to a 3.3% annualized yield.
• Analysts maintain a generally neutral outlook, with an average “Hold” rating and a $78.36 price target versus the stock’s $72.86 price. Several firms raised their targets, although modest reductions to some future EPS estimates and recent insider selling temper the outlook.

CFO4Life Group LLC purchased a new position in Prosperity Bancshares, Inc. (NYSE:PB - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,922 shares of the bank's stock, valued at approximately $1,309,000.

A number of other hedge funds also recently bought and sold shares of the business. Gator Capital Management LLC bought a new stake in Prosperity Bancshares during the fourth quarter worth approximately $2,051,000. Bull Harbor Capital LLC bought a new position in Prosperity Bancshares in the 1st quarter valued at $1,019,000. First National Bank of Omaha purchased a new position in Prosperity Bancshares in the 4th quarter worth about $6,390,000. SummitTX Capital L.P. purchased a new position in shares of Prosperity Bancshares during the first quarter worth approximately $3,878,000. Finally, Bank of America Corp DE increased its holdings in Prosperity Bancshares by 11.6% during the 1st quarter. Bank of America Corp DE now owns 487,616 shares of the bank's stock worth $32,758,000 after purchasing an additional 50,575 shares during the period. Hedge funds and other institutional investors own 80.69% of the company's stock.

Prosperity Bancshares Trading Up 0.4%

NYSE PB opened at $72.86 on Friday. The company has a market capitalization of $7.35 billion, a PE ratio of 12.63, a P/E/G ratio of 0.79 and a beta of 0.64. The company has a fifty day moving average of $73.01 and a 200 day moving average of $70.53. Prosperity Bancshares, Inc. has a 1 year low of $61.06 and a 1 year high of $77.20. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.75.

Prosperity Bancshares (NYSE:PB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The bank reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.12. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.The company had revenue of $369.18 million during the quarter, compared to analysts' expectations of $380.73 million. During the same period last year, the business earned $1.42 earnings per share. Prosperity Bancshares's quarterly revenue was up 25.9% on a year-over-year basis. Research analysts forecast that Prosperity Bancshares, Inc. will post 6.47 earnings per share for the current year.

Prosperity Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Prosperity Bancshares's dividend payout ratio is presently 41.59%.

More Prosperity Bancshares News

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Zacks raised several earnings forecasts. The firm increased its FY2026 EPS estimate to $6.40 from $6.24, lifted FY2027 EPS to $7.22 from $7.16, and raised estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q4 2027 and Q1 2028. These revisions signal improving expectations for PB’s medium-term profitability. Prosperity Bancshares analyst estimates
• Neutral Sentiment: Investors are comparing PB’s valuation with Cullen/Frost Bankers. A Zacks analysis examines which Southwest bank offers the better value opportunity. PB trades at a relatively modest valuation, with a reported P/E ratio near 12.6, but the article’s impact depends on its comparative conclusion and may be limited without a new company-specific catalyst. PB versus CFR value analysis
• Negative Sentiment: Some future-quarter estimates were reduced. Zacks lowered its Q3 2027 EPS forecast to $1.81 from $1.85 and trimmed its Q2 2028 estimate to $1.92 from $1.93. The cuts are small, but they indicate that the earnings outlook is not uniformly improving. Prosperity Bancshares revised estimates
• Negative Sentiment: Director Ned S. Holmes sold 1,100 shares for approximately $81,000 across two transactions at prices around $73.64–$73.67. He retained a substantial position, so the sales are not necessarily a strong bearish signal, but insider selling can weigh modestly on sentiment. SEC insider transaction filing

Wall Street Analysts Forecast Growth

PB has been the topic of a number of recent research reports. Piper Sandler increased their price objective on shares of Prosperity Bancshares from $75.00 to $80.00 and gave the company a "neutral" rating in a research note on Thursday, July 30th. TD Cowen lifted their price objective on shares of Prosperity Bancshares from $82.00 to $84.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Royal Bank Of Canada boosted their target price on Prosperity Bancshares from $78.00 to $80.00 and gave the stock a "sector perform" rating in a research note on Thursday, July 30th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $80.00 price target on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Finally, Morgan Stanley reaffirmed an "equal weight" rating and issued a $80.00 price objective (down from $85.00) on shares of Prosperity Bancshares in a research report on Monday, July 6th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $78.36.

Insider Transactions at Prosperity Bancshares

In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $69.30, for a total transaction of $41,580.00. Following the transaction, the director owned 40,400 shares in the company, valued at approximately $2,799,720. This represents a 1.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 12,100 shares of company stock worth $872,923 in the last quarter. Corporate insiders own 3.96% of the company's stock.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.

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