What is DA Davidson's Forecast for PB Q3 Earnings?

Key Points

• DA Davidson forecasts Prosperity Bancshares' Q3 2025 earnings per share at $1.45, while the consensus estimate for the full year remains $5.83 per share.
• Prosperity Bancshares reported Q2 earnings of $1.42 per share, exceeding the consensus estimate by $0.02, but its revenue of $310.70 million fell short of expectations.
• The firm's recently declared quarterly dividend is $0.58 per share, which reflects a 3.43% dividend yield, with a dividend payout ratio of 42.18%.

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Equities researchers at DA Davidson issued their Q3 2025 EPS estimates for Prosperity Bancshares in a research note issued to investors on Thursday, July 24th. DA Davidson analyst P. Winter forecasts that the bank will post earnings per share of $1.45 for the quarter. The consensus estimate for Prosperity Bancshares' current full-year earnings is $5.83 per share.

Prosperity Bancshares (NYSE:PB - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The bank reported $1.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.40 by $0.02. The business had revenue of $310.70 million for the quarter, compared to analysts' expectations of $315.66 million. Prosperity Bancshares had a net margin of 29.37% and a return on equity of 6.99%. During the same period last year, the firm posted $1.22 earnings per share.

A number of other brokerages have also recently issued reports on PB. Wall Street Zen raised shares of Prosperity Bancshares from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Barclays cut their target price on shares of Prosperity Bancshares from $88.00 to $86.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Jefferies Financial Group started coverage on shares of Prosperity Bancshares in a research report on Wednesday, May 21st. They issued a "buy" rating and a $85.00 target price on the stock. Hovde Group cut their target price on shares of Prosperity Bancshares from $85.00 to $83.00 and set an "outperform" rating on the stock in a research report on Thursday. Finally, Piper Sandler cut their price target on shares of Prosperity Bancshares from $86.00 to $84.00 and set an "overweight" rating on the stock in a report on Thursday. Seven research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $84.57.

Prosperity Bancshares Price Performance

NYSE:PB traded down $0.12 during mid-day trading on Friday, reaching $67.58. The stock had a trading volume of 307,608 shares, compared to its average volume of 655,017. The stock has a 50-day simple moving average of $70.74 and a two-hundred day simple moving average of $72.10. The stock has a market capitalization of $6.44 billion, a PE ratio of 12.29, a P/E/G ratio of 1.01 and a beta of 0.68. Prosperity Bancshares has a 12 month low of $61.57 and a 12 month high of $86.75.

Prosperity Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be issued a $0.58 dividend. The ex-dividend date is Monday, September 15th. This represents a $2.32 annualized dividend and a yield of 3.43%. Prosperity Bancshares's payout ratio is 42.18%.

Insider Transactions at Prosperity Bancshares

In related news, Director Ned S. Holmes sold 600 shares of the business's stock in a transaction on Wednesday, May 21st. The shares were sold at an average price of $70.89, for a total value of $42,534.00. Following the transaction, the director owned 45,700 shares in the company, valued at $3,239,673. The trade was a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 12,500 shares of company stock valued at $885,446 in the last quarter. 4.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Prosperity Bancshares

Several hedge funds and other institutional investors have recently bought and sold shares of PB. Teacher Retirement System of Texas increased its stake in Prosperity Bancshares by 13.5% in the fourth quarter. Teacher Retirement System of Texas now owns 17,720 shares of the bank's stock valued at $1,335,000 after purchasing an additional 2,112 shares in the last quarter. American Century Companies Inc. increased its stake in Prosperity Bancshares by 0.8% in the fourth quarter. American Century Companies Inc. now owns 31,013 shares of the bank's stock valued at $2,337,000 after purchasing an additional 255 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Prosperity Bancshares in the fourth quarter valued at $1,471,000. Fox Run Management L.L.C. bought a new stake in Prosperity Bancshares in the fourth quarter valued at $235,000. Finally, Vanguard Group Inc. increased its stake in Prosperity Bancshares by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 9,780,006 shares of the bank's stock valued at $736,923,000 after purchasing an additional 44,567 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company's stock.

Prosperity Bancshares Company Profile

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; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.