Prosperity Bancshares (PB) Projected to Announce Earnings on Wednesday

Key Points

• Prosperity Bancshares is expected to report Q3 2026 results before the market opens on October 28. Analysts project earnings of $1.35 per share and revenue of $491.49 million.
• The bank’s latest quarter exceeded expectations, with EPS of $1.62 versus the $1.50 consensus and revenue up 25.9% year over year to $391.25 million.
• Shares recently opened at $68.29, while analysts maintain a consensus “Hold” rating and an average price target of $77.55; insiders have sold 12,700 shares over the past three months.

Prosperity Bancshares (NYSE:PB - Get Free Report) is projected to announce its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Prosperity Bancshares to announce earnings of $1.35 per share and revenue of $491.49 million for the quarter. Investors may visit the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:30 AM ET.

Prosperity Bancshares (NYSE:PB - Get Free Report) last announced its earnings results on Wednesday, July 29th. The bank reported $1.62 EPS for the quarter, topping the consensus estimate of $1.50 by $0.12. Prosperity Bancshares had a net margin of 29.95% and a return on equity of 7.39%. The business had revenue of $391.25 million during the quarter, compared to the consensus estimate of $380.73 million. During the same quarter in the previous year, the firm posted $1.42 EPS. Prosperity Bancshares's revenue was up 25.9% compared to the same quarter last year. On average, analysts expect Prosperity Bancshares to post $6.46 EPS for the current fiscal year and $7.36 EPS for the next fiscal year.

Prosperity Bancshares Stock Performance

Shares of NYSE PB opened at $68.29 on Wednesday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.75. The stock's fifty day moving average price is $70.11 and its two-hundred day moving average price is $70.51. Prosperity Bancshares has a one year low of $62.28 and a one year high of $77.20. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of 11.15, a P/E/G ratio of 0.75 and a beta of 0.66.

Insider Buying and Selling at Prosperity Bancshares

In related news, Director Ned Holmes sold 500 shares of the business's stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $66.22, for a total value of $33,110.00. Following the completion of the sale, the director directly owned 66,615 shares of the company's stock, valued at $4,411,245.30. The trade was a 0.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 12,700 shares of company stock valued at $902,833. Insiders own 3.96% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on PB shares. Wall Street Zen upgraded shares of Prosperity Bancshares from a "sell" rating to a "hold" rating in a research report on Saturday, August 1st. Barclays increased their price target on shares of Prosperity Bancshares from $68.00 to $70.00 and gave the stock an "underweight" rating in a research report on Monday, October 5th. Morgan Stanley increased their price target on shares of Prosperity Bancshares from $80.00 to $81.00 and gave the stock an "underweight" rating in a research report on Monday, September 28th. Benchmark began coverage on shares of Prosperity Bancshares in a research note on Wednesday, June 24th. They issued a "hold" rating on the stock. Finally, TD Cowen lowered their price objective on shares of Prosperity Bancshares from $84.00 to $78.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Six research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $77.55.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a regional bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses, and public entities.

Prosperity Bank offers deposit products, commercial and consumer lending, mortgage and real estate lending, treasury management, online and mobile banking, and other traditional banking services. Its lending activities include financing for commercial businesses, agriculture, residential and commercial real estate, and personal needs.

Founded in 1983, Prosperity Bancshares has expanded primarily through organic growth and the acquisition of community banks.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.