Prosperity Bancshares (PB) Stock Price, News & Analysis

+1.28 (+2.00%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
675,547 shs
Average Volume
521,496 shs
Market Capitalization
$6.25 billion
P/E Ratio
Dividend Yield
Price Target

Prosperity Bancshares MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
5.7% Upside
$68.86 Price Target
Short Interest
2.81% of Float Sold Short
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.11mentions of Prosperity Bancshares in the last 14 days
Based on 7 Articles This Week
Insider Trading
Proj. Earnings Growth
From $5.00 to $5.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.73 out of 5 stars

Finance Sector

117th out of 864 stocks

State Commercial Banks Industry

23rd out of 177 stocks

PB stock logo

About Prosperity Bancshares Stock (NYSE:PB)

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. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was incorporated in 1983 and is headquartered in Houston, Texas.

PB Stock Price History

PB Stock News Headlines

Q1 2024 Prosperity Bancshares Inc Earnings Call
PB Crosses Below Key Moving Average Level
RBC Capital Sticks to Its Hold Rating for Prosperity Bancshares (PB)
Key Takeaways From Prosperity Bancshares Analyst Ratings
See More Headlines
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Company Calendar

Ex-Dividend for 4/1 Dividend
Dividend Payable
Last Earnings
Ex-Dividend for 7/1 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

State commercial banks
Regional Banks
Previous Symbol
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
10 Analysts


Net Income
$419.32 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.60 billion
Cash Flow
$5.57 per share
Book Value
$74.05 per share


Free Float
Market Cap
$6.25 billion
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Key Executives

PB Stock Analysis - Frequently Asked Questions

Should I buy or sell Prosperity Bancshares stock right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last twelve months. There are currently 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PB shares.
View PB analyst ratings
or view top-rated stocks.

What is Prosperity Bancshares' stock price target for 2024?

10 Wall Street research analysts have issued 12-month price targets for Prosperity Bancshares' stock. Their PB share price targets range from $55.00 to $80.00. On average, they expect the company's stock price to reach $68.86 in the next year. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for PB
or view top-rated stocks among Wall Street analysts.

How have PB shares performed in 2024?

Prosperity Bancshares' stock was trading at $67.73 at the start of the year. Since then, PB shares have decreased by 3.8% and is now trading at $65.13.
View the best growth stocks for 2024 here

When is Prosperity Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our PB earnings forecast

How were Prosperity Bancshares' earnings last quarter?

Prosperity Bancshares, Inc. (NYSE:PB) released its quarterly earnings data on Wednesday, April, 24th. The bank reported $1.18 EPS for the quarter, beating the consensus estimate of $1.15 by $0.03. The bank had revenue of $420.78 million for the quarter, compared to analyst estimates of $274.88 million. Prosperity Bancshares had a net margin of 24.50% and a trailing twelve-month return on equity of 6.33%. During the same quarter in the prior year, the firm earned $1.37 earnings per share.

How often does Prosperity Bancshares pay dividends? What is the dividend yield for Prosperity Bancshares?

Prosperity Bancshares declared a quarterly dividend on Wednesday, April 17th. Shareholders of record on Friday, June 14th will be given a dividend of $0.56 per share on Monday, July 1st. This represents a $2.24 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for PB

Is Prosperity Bancshares a good dividend stock?

Prosperity Bancshares (NYSE:PB) pays an annual dividend of $2.24 per share and currently has a dividend yield of 3.51%. The company has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 51.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 39.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PB.

What is David Zalman's approval rating as Prosperity Bancshares' CEO?

72 employees have rated Prosperity Bancshares Chief Executive Officer David Zalman on Glassdoor.com. David Zalman has an approval rating of 52% among the company's employees. This puts David Zalman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Prosperity Bancshares own?
Who are Prosperity Bancshares' major shareholders?

Prosperity Bancshares' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.26%), Vaughan Nelson Investment Management L.P. (0.84%), Private Management Group Inc. (0.58%), ProShare Advisors LLC (0.49%), Principal Financial Group Inc. (0.38%) and Public Employees Retirement Association of Colorado (0.26%). Insiders that own company stock include George A Fisk, H E Timanus Jr, L Jack Lord and Robert H Steelhammer.
View institutional ownership trends

How do I buy shares of Prosperity Bancshares?

Shares of PB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:PB) was last updated on 5/19/2024 by MarketBeat.com Staff

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