Prosperity Bancshares Company Profile (NYSE:PB)

About Prosperity Bancshares

Prosperity Bancshares logoProsperity Bancshares, Inc. is a financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (the Bank). The Bank provides a range of financial products and services to small and medium-sized businesses and consumers. The Company's additional products and services include trust services, brokerage, mortgage lending, credit card and independent sales organization (ISO) sponsorship operations. The Company also has a trust department, which provides trust services in the Company's various market areas. The Bank offers a range of loan products, including term loans, lines of credit and loans for working capital, business expansion and the purchase of equipment and machinery; land development and interim construction loans for builders, and owner-occupied and non-owner occupied commercial real estate loans. The Bank also offers other loans, such as commercial and industrial loans, one- to four-family residential loans, agriculture loans and consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Southwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NYSE
  • Symbol: PB
  • CUSIP: 74360610
Key Metrics:
  • Previous Close: $55.84
  • 50 Day Moving Average: $54.42
  • 200 Day Moving Average: $51.99
  • 52-Week Range: $33.57 - $57.04
  • Trailing P/E Ratio: 14.01
  • Foreward P/E Ratio: 13.82
  • P/E Growth: 1.40
  • Market Cap: $3.86B
  • Outstanding Shares: 69,479,000
  • Beta: 1.29
  • Net Margins: 34.93%
  • Return on Equity: 7.99%
  • Return on Assets: 1.27%
  • Current Ratio: 0.55%
  • Quick Ratio: 0.55%
Additional Links:
Companies Related to Prosperity Bancshares:

Analyst Ratings

Consensus Ratings for Prosperity Bancshares (NYSE:PB) (?)
Ratings Breakdown: 2 Sell Ratings, 8 Hold Ratings, 6 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $52.08 (6.74% downside)

Analysts' Ratings History for Prosperity Bancshares (NYSE:PB)
DateFirmActionRatingPrice TargetDetails
10/11/2016Deutsche Bank AGBoost Price TargetHold$54.00 -> $59.00View Rating Details
10/11/2016FBR & CoUpgradeMarket Perform -> Outperform$55.00 -> $60.00View Rating Details
10/6/2016SunTrust Banks Inc.Initiated CoverageNeutralView Rating Details
10/6/2016WedbushInitiated CoverageNeutral$54.00View Rating Details
6/29/2016Hovde GroupUpgradeMarket Perform -> Outperform$54.00View Rating Details
6/9/2016Evercore ISIUpgradeHold -> Buy$60.00View Rating Details
6/7/2016Compass PointInitiated CoverageNeutral$50.00View Rating Details
5/9/2016Raymond James Financial Inc.UpgradeUnderperform -> OutperformView Rating Details
4/28/2016Royal Bank Of CanadaBoost Price TargetSector Perform$48.00 -> $52.00View Rating Details
4/27/2016FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
1/28/2016JPMorgan Chase & Co.Reiterated RatingSellView Rating Details
1/28/2016MacquarieLower Price TargetNeutral$51.00 -> $48.00View Rating Details
1/28/2016DA DavidsonUpgradeNeutral -> Buy$47.00View Rating Details
1/28/2016Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$54.00View Rating Details
1/14/2016Sterne Agee CRTLower Price Target$49.00 -> $46.00View Rating Details
1/12/2016Bank of America Corp.DowngradeNeutral -> Underperform$55.00 -> $44.00View Rating Details
6/12/2015Piper Jaffray Cos.Initiated CoverageNeutral$59.00View Rating Details
3/11/2015BMO Capital MarketsDowngradeOutperform -> Market Perform$54.00 -> $53.00View Rating Details
(Data available from 10/20/2014 forward)


Earnings History for Prosperity Bancshares (NYSE:PB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2016Q316$0.99$189.25 millionN/AView Earnings Details
7/27/2016Q216$0.99$0.98$191.69 millionViewListenView Earnings Details
4/27/2016Q116$0.96$0.98$185.10 millionViewListenView Earnings Details
1/27/2016Q415$1.00$1.01$187.79 million$183.60 millionViewListenView Earnings Details
10/23/2015Q315$1.01$1.01$188.99 millionViewListenView Earnings Details
7/24/2015Q215$1.03$1.03$193.46 millionViewListenView Earnings Details
4/24/2015Q115$1.05$1.05$200.59 million$191.33 millionViewN/AView Earnings Details
1/23/2015Q414$1.09$1.12$203.13 millionViewN/AView Earnings Details
10/29/2014Q314$1.07$1.10$201.80 millionViewN/AView Earnings Details
7/25/2014Q214$1.03$1.08$195.80 millionViewN/AView Earnings Details
4/23/2014Q114$0.99$1.01$173.11 millionViewN/AView Earnings Details
1/24/2014Q413$0.91$0.98$156.17 millionViewListenView Earnings Details
10/23/2013Q313$0.90$0.91$141.15 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.88$0.89$141.30 millionViewListenView Earnings Details
4/24/2013Q1 2013$0.84$0.86$130.72 millionViewListenView Earnings Details
1/25/2013Q4 2012$0.84$0.85$129.76 millionViewN/AView Earnings Details
10/24/2012$0.80$0.82ViewN/AView Earnings Details
7/27/2012$0.77$0.78ViewN/AView Earnings Details
4/27/2012$0.73$0.77ViewN/AView Earnings Details
1/20/2012$0.76$0.77ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Prosperity Bancshares (NYSE:PB)
Current Year EPS Consensus Estimate: $3.94 EPS
Next Year EPS Consensus Estimate: $4.04 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20166$0.93$0.99$0.95
Q2 20164$0.93$1.01$0.99
Q3 20165$0.95$1.01$0.99
Q4 20164$0.97$1.02$1.00
Q1 20172$0.96$0.98$0.97
Q2 20172$0.98$1.02$1.00
Q3 20172$1.03$1.05$1.04
Q4 20172$1.04$1.04$1.04
Q1 20181$1.02$1.02$1.02
Q2 20181$1.05$1.05$1.05
Q3 20181$1.11$1.11$1.11
(Data provided by Zacks Investment Research)


Current Dividend Information for Prosperity Bancshares (NYSE:PB)
Annual Dividend:$1.20
Dividend Yield:2.15%
Dividend Growth:3.10% (3 Year Average)
Payout Ratio:30.15% (Based on Trailing 12 Months of Earnings)
30.46% (Based on Current Year Consensus EPS Estimate)
29.70% (Based on Next Year Consensus EPS Estimate)
Track Record:12 Years of Consecutive Dividend Growth

Dividend History for Prosperity Bancshares (NYSE:PB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Prosperity Bancshares (NYSE:PB)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 80.26%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2016Robert H SteelhammerDirectorSell2,900$54.00$156,600.00View SEC Filing  
8/25/2016Perry Mueller JrDirectorSell13,536$54.00$730,944.00View SEC Filing  
6/27/2016H E Timanus JrVice ChairmanBuy6,500$45.09$293,085.00View SEC Filing  
2/18/2016Robert H SteelhammerDirectorSell8,000$42.24$337,920.00View SEC Filing  
2/2/2016H E Timanus JrVice ChairmanBuy3,000$40.30$120,900.00View SEC Filing  
1/29/2016Robert H SteelhammerDirectorSell7,000$42.17$295,190.00View SEC Filing  
12/18/2015Robert H SteelhammerDirectorSell5,000$46.58$232,900.00View SEC Filing  
12/8/2015Robert H SteelhammerDirectorSell10,000$51.00$510,000.00View SEC Filing  
11/23/2015David HollawayCFOSell1,000$55.33$55,330.00View SEC Filing  
9/10/2015Robert H. SteelhammerDirectorSell15,000$50.51$757,650.00View SEC Filing  
9/4/2015William T Iv LuedkeDirectorBuy2,000$49.38$98,760.00View SEC Filing  
8/24/2015H E Timanus JrVice ChairmanBuy3,000$48.50$145,500.00View SEC Filing  
6/12/2015Robert H SteelhammerDirectorSell20,000$57.09$1,141,800.00View SEC Filing  
6/5/2015Leah HendersonDirectorSell2,700$55.74$150,498.00View SEC Filing  
5/6/2015David HollawayCFOSell1,068$53.48$57,116.64View SEC Filing  
3/2/2015Robert H SteelhammerDirectorSell10,000$51.88$518,800.00View SEC Filing  
1/28/2015H E Timanus JrChairmanBuy6,000$46.69$280,140.00View SEC Filing  
12/16/2014Robert H SteelhammerDirectorSell16,000$53.02$848,320.00View SEC Filing  
6/5/2014Robert H SteelhammerDirectorSell2,400$59.65$143,160.00View SEC Filing  
5/16/2014H Timanus, Jr.ChairmanBuy2,000$56.72$113,440.00View SEC Filing  
3/18/2014Perry Mueller, Jr.DirectorSell50,000$65.00$3,250,000.00View SEC Filing  
2/18/2014Michael EppsEVPSell5,000$63.34$316,700.00View SEC Filing  
2/4/2014Michael EppsEVPSell5,000$61.50$307,500.00View SEC Filing  
12/30/2013W.R. CollierDirectorSell10,000$63.30$633,000.00View SEC Filing  
5/10/2013Randy HesterInsiderSell34,272$47.19$1,617,295.68View SEC Filing  
12/18/2012Ned S HolmesDirectorBuy2,000$42.62$85,240.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Prosperity Bancshares (NYSE:PB)
DateHeadline logoETF’s with exposure to Prosperity Bancshares, Inc. : October 19, 2016 (NYSE:PB) - October 19 at 7:01 PM
News IconIs this Large Market Cap Stock target price reasonable for Prosperity Bancshares Inc. (NYSE:PB)? - The Daily Leicester (NYSE:PB) - October 15 at 6:17 PM
News IconUpdate on Prosperity Bancshares Inc. (NYSE:PB) for the day (NYSE:PB) - October 15 at 11:24 AM
News IconShares Worth Watching: Prosperity Bancshares, Inc. (NYSE:PB) - Recall News (NYSE:PB) - October 14 at 6:27 PM logoProsperity Bancshares, Inc. : PB-US: Dividend Analysis : September 16th, 2016 (record date) : By the numbers : October 14, 2016 (NYSE:PB) - October 14 at 6:27 PM
News IconProsperity Bancshares Inc. (PB) Earns Neutral Rating from Analysts at Wedbush - DailyQuint (NYSE:PB) - October 14 at 9:56 AM logoProsperity Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : PB-US : October 14, 2016 (NYSE:PB) - October 14 at 9:56 AM logoTexas lender upgraded at FBR Capital - Seeking Alpha (NYSE:PB) - October 11 at 6:59 PM
News IconRating Action: “Neutral” Rating Was Given to Prosperity Bancshares (NYSE:PB) By a Broker (NYSE:PB) - October 10 at 6:15 PM
News IconStock Watch Near-Term: Prosperity Bancshares, Inc. (NYSE:PB) - Recall News (NYSE:PB) - October 9 at 10:52 AM
News IconLooking Ahead for Prosperity Bancshares, Inc. (NYSE:PB); Are ... - CSZ News (NYSE:PB) - October 8 at 11:07 AM
News IconSEC Filing: Prosperity Bancshares INC (PB) Market Value Rose While Tiverton Asset Management LLC Increased Its ... - Chester News (NYSE:PB) - October 8 at 11:07 AM
News IconHuntington Bancshares Inc. (HBAN) Coverage Initiated by Analysts at Wedbush (NYSE:PB) - October 7 at 11:50 AM logoCoverage initiated on Prosperity Bancshares by Wedbush (NYSE:PB) - October 7 at 11:50 AM
News IconChart Mover of the Day: Will Prosperity Bancshares, Inc. Short Squeeze Soon? The Stock Formed a Bullish Wedge Up - Chester News (NYSE:PB) - October 6 at 12:10 PM
News IconBroker Roundup For Prosperity Bancshares, Inc. (NYSE:PB) - The De Soto Edge (NYSE:PB) - October 5 at 11:55 AM logoProsperity Bancshares Reaches Analyst Target Price - Nasdaq (NYSE:PB) - October 3 at 6:15 PM
News IconProsperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2016 Earnings Conference Call On The Web (NYSE:PB) - September 28 at 6:27 PM logoProsperity Bancshares, Inc.® Invites You To Join Its Third Quarter 2016 Earnings Conference Call On The Web - PR Newswire (press release) (NYSE:PB) - September 28 at 11:43 AM logoProsperity Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : PB-US : September 27, 2016 (NYSE:PB) - September 27 at 11:17 AM logoShares Of Prosperity Bancshares, Inc. (NYSE:PB) Expected To Hit $60 - Investor Newswire (NYSE:PB) - September 25 at 5:57 PM logoLessons From Atlanta: More Small-Bank M&A and Scrutiny on the Way (NYSE:PB) - September 21 at 6:16 PM
News IconAnalyst Consensus Estimates & Projections are in For Shares of Prosperity Bancshares, Inc. (NYSE:PB) - Frisco Fastball (NYSE:PB) - September 18 at 6:11 PM logoCan Shares Of Prosperity Bancshares, Inc. (NYSE:PB) Hit $60 - Investor Newswire (NYSE:PB) - September 18 at 6:11 PM logoProsperity Bancshares, Inc. (NYSE:PB) Projected EPS At$1.02 - Investor Newswire (NYSE:PB) - September 17 at 11:05 AM
News IconWhat are Analysts Expecting for Prosperity Bancshares, Inc. (NYSE:PB) Earnings? - Frisco Fastball (NYSE:PB) - September 15 at 10:10 AM logoProsperity Bancshares, Inc. breached its 50 day moving average in a Bearish Manner : PB-US : September 15, 2016 (NYSE:PB) - September 15 at 10:10 AM
News IconAnalysts Take the Wheel on Prosperity Bancshares, Inc. (NYSE:PB) Shares and Where They Might Be Headed - Frisco Fastball (NYSE:PB) - September 14 at 6:49 PM
News IconProsperity Bancshares, Inc. (NYSE:PB): How Are Analysts Advising to Play This Stock? - Post News (NYSE:PB) - September 14 at 10:58 AM logoProsperity Bancshares, Inc. (PB) Ex-Dividend Date Scheduled for September 14, 2016 - Nasdaq (NYSE:PB) - September 14 at 10:58 AM logoProsperity Bancshares goes ex-dividend today (NYSE:PB) - September 14 at 7:54 AM logoEx-Dividend Reminder: Prosperity Bancshares, PrivateBancorp and Endurance Specialty Holdings - Nasdaq (NYSE:PB) - September 12 at 6:22 PM logoEx-Dividend Reminder: Prosperity Bancshares, PrivateBancorp and Endurance Specialty Holdings (NYSE:PB) - September 12 at 11:16 AM
News IconInstitutional Investors Have Decreased Positions in Prosperity Bancshares Inc. (NYSE:PB) (NYSE:PB) - September 9 at 6:19 PM
News IconInstitutional Investors Have Decreased Positions in Prosperity Bancshares Inc. (NYSE:PB) - National Daily Press (NYSE:PB) - September 9 at 11:27 AM
News IconInstitutions Have Decreased Positions in Prosperity Bancshares Inc. (NYSE:PB) - Post News (NYSE:PB) - September 2 at 6:35 PM
News IconStock Taking Spotlight: Prosperity Bancshares, Inc. (NYSE:PB) - Post News (NYSE:PB) - September 1 at 6:40 PM logoETF’s with exposure to Prosperity Bancshares, Inc. : August 31, 2016 (NYSE:PB) - August 31 at 11:47 AM logoProsperity Bancshares Reaches Analyst Target Price (NYSE:PB) - August 30 at 6:40 PM
News IconStock Up Over the Past Five Trading Days: Prosperity Bancshares Inc. (NYSE:PB) - Post News (NYSE:PB) - August 30 at 10:00 AM
News IconCrowd Sentiment & Analyst Review on Prosperity Bancshares, Inc. (NYSE:PB) - Post News (NYSE:PB) - August 29 at 11:13 AM logoClick here for presentation material (NYSE:PB) - August 26 at 6:27 PM
News IconCan Prosperity Bancshares, Inc. (NYSE:PB) Go Higher? Analyst Update - Post News (NYSE:PB) - August 23 at 11:10 AM
News IconStock Trading Above Moving Averages: Prosperity Bancshares Inc. (NYSE:PB) - Post News (NYSE:PB) - August 23 at 11:10 AM logoPROSPERITY BANCSHARES INC Financials (NYSE:PB) - August 20 at 6:24 PM
News IconShare Valuation Review for Prosperity Bancshares Inc. (NYSE:PB) - Post News (NYSE:PB) - August 20 at 10:46 AM
News IconAnalyst Rating Update on Prosperity Bancshares, Inc. (NYSE:PB) - Post News (NYSE:PB) - August 16 at 6:51 PM logoBRIEF-Prosperity Bancshares files for non-timely 10-Q - SEC filing (NYSE:PB) - August 10 at 6:01 PM logoPROSPERITY BANCSHARES INC Files SEC form 10-Q, Quarterly Report (NYSE:PB) - August 10 at 9:50 AM logoProsperity Bancshares Inc (NYSE:PB) nearing 52-week high, short interest ramping up - Street Report (NYSE:PB) - August 8 at 6:57 PM


Prosperity Bancshares (NYSE:PB) Chart for Thursday, October, 20, 2016

Last Updated on 10/20/2016 by Staff