Zacks Research Issues Positive Estimate for PB Earnings

Prosperity Bancshares, Inc. (NYSE:PB - Free Report) - Research analysts at Zacks Research raised their Q3 2025 EPS estimates for Prosperity Bancshares in a research note issued on Tuesday, May 27th. Zacks Research analyst R. Department now anticipates that the bank will post earnings per share of $1.45 for the quarter, up from their previous estimate of $1.44. The consensus estimate for Prosperity Bancshares' current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares' Q4 2025 earnings at $1.51 EPS, FY2025 earnings at $5.73 EPS, Q1 2026 earnings at $1.48 EPS, Q2 2026 earnings at $1.51 EPS, Q3 2026 earnings at $1.62 EPS, Q4 2026 earnings at $1.68 EPS and FY2026 earnings at $6.28 EPS.

Several other equities research analysts have also 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. Keefe, Bruyette & Woods reduced their price objective on shares of Prosperity Bancshares from $95.00 to $90.00 and set an "outperform" rating for the company in a research note on Monday, May 5th. Barclays reduced their price objective on shares of Prosperity Bancshares from $88.00 to $86.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 8th. Morgan Stanley reduced their price objective on shares of Prosperity Bancshares from $102.00 to $94.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Finally, Royal Bank of Canada reduced their price objective on shares of Prosperity Bancshares from $85.00 to $78.00 and set a "sector perform" rating for the company in a research note on Thursday, April 24th. Seven research analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. Based on data from MarketBeat.com, Prosperity Bancshares currently has an average rating of "Moderate Buy" and a consensus price target of $83.80.

Prosperity Bancshares Stock Up 1.2%

Shares of Prosperity Bancshares stock traded up $0.85 on Friday, hitting $69.88. 203,981 shares of the company traded hands, compared to its average volume of 592,764. The company has a 50-day moving average price of $68.70 and a 200 day moving average price of $74.38. Prosperity Bancshares has a 12-month low of $57.16 and a 12-month high of $86.76. The company has a market cap of $6.66 billion, a PE ratio of 13.81, a PEG ratio of 0.94 and a beta of 0.68.

Prosperity Bancshares (NYSE:PB - Get Free Report) last posted its quarterly earnings results on Wednesday, April 23rd. The bank reported $1.37 EPS for the quarter, beating the consensus estimate of $1.35 by $0.02. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%. The business had revenue of $306.68 million for the quarter, compared to analysts' expectations of $307.17 million. During the same period in the previous year, the company posted $1.18 EPS. Prosperity Bancshares's revenue was up 10.7% on a year-over-year basis.

Prosperity Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Friday, June 13th will be issued a $0.58 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.32 annualized dividend and a yield of 3.32%. Prosperity Bancshares's dividend payout ratio is currently 44.19%.

Insiders Place Their Bets

In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of Prosperity Bancshares stock in a transaction on Wednesday, May 28th. The shares were sold at an average price of $70.30, for a total value of $42,180.00. Following the sale, the director now directly owns 45,600 shares in the company, valued at approximately $3,205,680. The trade was a 1.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have sold 7,700 shares of company stock worth $537,759. Company insiders own 4.20% of the company's stock.

Institutional Trading of Prosperity Bancshares

Hedge funds and other institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC raised its position in shares of Prosperity Bancshares by 487.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 376 shares of the bank's stock valued at $28,000 after buying an additional 312 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Prosperity Bancshares by 368.5% during the 4th quarter. Jones Financial Companies Lllp now owns 520 shares of the bank's stock worth $39,000 after acquiring an additional 409 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Prosperity Bancshares during the 1st quarter worth approximately $48,000. Aster Capital Management DIFC Ltd boosted its stake in shares of Prosperity Bancshares by 349.5% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 917 shares of the bank's stock valued at $69,000 after purchasing an additional 713 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Prosperity Bancshares by 14.9% in the 4th quarter. Blue Trust Inc. now owns 987 shares of the bank's stock valued at $71,000 after purchasing an additional 128 shares during the last quarter. Institutional investors own 80.69% of the company's stock.

About Prosperity Bancshares

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.