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

Key Points

• DA Davidson has revised its Q3 2025 earnings estimate for Prosperity Bancshares down to $1.44 per share from a previous estimate of $1.45.
• Prosperity Bancshares is set to pay a quarterly dividend of $0.58 per share on October 1st, representing an annualized yield of 3.5%.
• Multiple research firms have adjusted their target prices for Prosperity Bancshares, with Piper Sandler lowering its target to $84.00 and Citigroup lowering it to $68.00, while TD Cowen and Cantor Fitzgerald initiated coverage with "buy" ratings and target prices of $79.00 and $78.00, respectively.

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Equities researchers at DA Davidson cut their Q3 2025 earnings estimates for shares of Prosperity Bancshares in a research note issued to investors on Friday, September 26th. DA Davidson analyst P. Winter now anticipates that the bank will post earnings per share of $1.44 for the quarter, down from their prior estimate of $1.45. The consensus estimate for Prosperity Bancshares' current full-year earnings is $5.83 per share. DA Davidson also issued estimates for Prosperity Bancshares' FY2025 earnings at $5.70 EPS and FY2026 earnings at $6.33 EPS.

A number of other research firms have also recently commented on PB. Piper Sandler lowered their target price on shares of Prosperity Bancshares from $86.00 to $84.00 and set an "overweight" rating for the company in a research note on Thursday, July 24th. Citigroup reiterated a "neutral" rating and issued a $68.00 target price (down from $78.00) on shares of Prosperity Bancshares in a research note on Monday, September 15th. TD Cowen started coverage on shares of Prosperity Bancshares in a research note on Thursday. They issued a "buy" rating and a $79.00 target price for the company. Cowen started coverage on shares of Prosperity Bancshares in a research note on Wednesday. They issued a "buy" rating for the company. Finally, Cantor Fitzgerald started coverage on shares of Prosperity Bancshares in a research note on Wednesday, September 10th. They issued an "overweight" rating and a $78.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $83.13.

Prosperity Bancshares Stock Up 0.8%

PB stock opened at $66.59 on Monday. The firm has a 50 day moving average of $67.55 and a 200 day moving average of $69.00. The stock has a market capitalization of $6.33 billion, a PE ratio of 12.11, a price-to-earnings-growth ratio of 1.00 and a beta of 0.74. Prosperity Bancshares has a 52 week low of $61.57 and a 52 week high of $86.75.

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

Hedge Funds Weigh In On Prosperity Bancshares

Several large investors have recently made changes to their positions in PB. Wealth Enhancement Advisory Services LLC boosted its holdings in Prosperity Bancshares by 9.8% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,801 shares of the bank's stock worth $512,000 after buying an additional 608 shares in the last quarter. First Hawaiian Bank boosted its holdings in Prosperity Bancshares by 10.6% during the first quarter. First Hawaiian Bank now owns 5,102 shares of the bank's stock worth $364,000 after buying an additional 490 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Prosperity Bancshares by 8,212.4% during the first quarter. GAMMA Investing LLC now owns 70,157 shares of the bank's stock worth $5,007,000 after buying an additional 69,313 shares in the last quarter. NBC Securities Inc. boosted its holdings in Prosperity Bancshares by 113,516.7% during the first quarter. NBC Securities Inc. now owns 6,817 shares of the bank's stock worth $486,000 after buying an additional 6,811 shares in the last quarter. Finally, Kwmg LLC boosted its holdings in Prosperity Bancshares by 0.6% during the first quarter. Kwmg LLC now owns 88,174 shares of the bank's stock worth $6,293,000 after buying an additional 543 shares in the last quarter. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of Prosperity Bancshares stock in a transaction that occurred on Wednesday, September 24th. The shares were sold at an average price of $65.25, for a total transaction of $32,625.00. Following the completion of the sale, the director directly owned 92,415 shares in the company, valued at approximately $6,030,078.75. The trade was a 0.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have sold 15,400 shares of company stock worth $1,063,189. Insiders own 4.20% of the company's stock.

Prosperity Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, September 15th. Prosperity Bancshares's payout ratio is presently 42.18%.

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.

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