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S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
S&P 500   3,585.62
DOW   28,725.51
QQQ   267.26
Why This Bear Market Is Not Even Close to Being Done…
How the Wealthy Elite are Picking Stocks (Ad)pixel
Denmark says Nord Stream 1 pipelines stop leaking
Denmark says Nord Stream 1 natural gas pipeline has also stopped leaking
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Brazil holds historic election with Lula against Bolsonaro
US shift away from coal hits tribal community in New Mexico
Tailor an Options Trading Strategy to Fit Your Needs (Ad)pixel
Tesla sales bounce back in Q3 but fall short of estimates
Allies aim for risky Russian oil price cap as winter nears
NYSE:PB

Prosperity Bancshares - PB Stock Forecast, Price & News

$66.68
-0.14 (-0.21%)
(As of 09/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$66.42
$67.60
50-Day Range
$66.68
$77.50
52-Week Range
$64.69
$80.46
Volume
555,678 shs
Average Volume
424,802 shs
Market Capitalization
$6.15 billion
P/E Ratio
12.12
Dividend Yield
3.11%
Price Target
$75.80

Prosperity Bancshares MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
13.7% Upside
$75.80 Price Target
Short Interest
Bearish
2.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.35
Upright™ Environmental Score
News Sentiment
0.80mentions of Prosperity Bancshares in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
7.45%
From $5.77 to $6.20 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.76 out of 5 stars

Finance Sector

264th out of 923 stocks

State Commercial Banks Industry

62nd out of 197 stocks

PB stock logo

About Prosperity Bancshares (NYSE:PB) Stock

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; 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. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.

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PB Stock News Headlines

Wedbush Reiterates Neutral Rating for Prosperity Bancshares (NYSE:PB)
5 Reasons to Invest in Prosperity Bancshares (PB) Stock Now
Prosperity Bancshares, Inc. (PB)
See More Headlines
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PB Company Calendar

Last Earnings
7/27/2022
Ex-Dividend for 10/3 Dividend
9/14/2022
Today
10/02/2022
Dividend Payable
10/03/2022
Next Earnings (Confirmed)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Previous Symbol
NASDAQ:PRSP
CUSIP
74360610
Employees
3,704
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$75.80
High Stock Price Forecast
$91.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+13.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$519.30 million
Pretax Margin
55.23%

Debt

Sales & Book Value

Annual Sales
$1.19 billion
Cash Flow
$6.56 per share
Book Value
$69.74 per share

Miscellaneous

Free Float
88,292,000
Market Cap
$6.15 billion
Optionable
Optionable
Beta
1.04

Key Executives

  • Mr. David E. ZalmanMr. David E. Zalman (Age 65)
    Sr. Chairman & CEO
    Comp: $2.87M
  • Mr. H. E. Timanus Jr. (Age 77)
    Chairman
    Comp: $1.39M
  • Mr. Kevin J. Hanigan (Age 65)
    Pres, COO & Director
    Comp: $2.11M
  • Mr. Asylbek Osmonov (Age 40)
    Chief Financial Officer
    Comp: $654.28k
  • Mr. Edward Z. Safady (Age 64)
    Advisory Director & Vice Chairman
    Comp: $1.28M
  • Ms. Charlotte M. Rasche J.D. (Age 57)
    Exec. VP & Gen. Counsel
  • Ms. Lori Wakefield
    Sr. VP of Prosperity Bank
  • Mr. Mike Reaves
    Sr. VP of Prosperity Bank
  • Mr. Denny W. Buchanan
    Sr. VP of Prosperity Bank
  • Mr. Robert J. Dowdell (Age 64)
    Exec. VP













PB Stock - Frequently Asked Questions

Should I buy or sell Prosperity Bancshares stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Prosperity Bancshares in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" PB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PB, but not buy additional shares or sell existing shares.
View PB analyst ratings
or view top-rated stocks.

What is Prosperity Bancshares' stock price forecast for 2022?

5 brokers have issued 1 year target prices for Prosperity Bancshares' stock. Their PB share price forecasts range from $63.00 to $91.00. On average, they expect the company's stock price to reach $75.80 in the next twelve months. This suggests a possible upside of 13.7% 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 2022?

Prosperity Bancshares' stock was trading at $72.30 at the beginning of 2022. Since then, PB shares have decreased by 7.8% and is now trading at $66.68.
View the best growth stocks for 2022 here
.

When is Prosperity Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our PB earnings forecast
.

How can I listen to Prosperity Bancshares' earnings call?

Prosperity Bancshares will be holding an earnings conference call on Wednesday, October 26th at 11:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Prosperity Bancshares' earnings last quarter?

Prosperity Bancshares, Inc. (NYSE:PB) released its quarterly earnings results on Wednesday, July, 27th. The bank reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.02. The bank earned $286.10 million during the quarter, compared to analyst estimates of $285.39 million. Prosperity Bancshares had a trailing twelve-month return on equity of 7.85% and a net margin of 43.50%. The firm's revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 earnings per share.

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

Prosperity Bancshares announced a quarterly dividend on Friday, July 22nd. Shareholders of record on Thursday, September 15th will be paid a dividend of $0.52 per share on Monday, October 3rd. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Wednesday, September 14th.
Read our dividend analysis for PB
.

Is Prosperity Bancshares a good dividend stock?

Prosperity Bancshares (NYSE:PB) pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.11%. The company has been increasing its dividend for 23 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 37.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PB will have a dividend payout ratio of 33.55% 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Prosperity Bancshares investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Scotts Miracle-Gro (SMG), Accenture (ACN), AutoZone (AZO), Designer Brands (DBI) and Micron Technology (MU).

What is Prosperity Bancshares' stock symbol?

Prosperity Bancshares trades on the New York Stock Exchange (NYSE) under the ticker symbol "PB."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Prosperity Bancshares' stock price today?

One share of PB stock can currently be purchased for approximately $66.68.

How much money does Prosperity Bancshares make?

Prosperity Bancshares (NYSE:PB) has a market capitalization of $6.15 billion and generates $1.19 billion in revenue each year. The bank earns $519.30 million in net income (profit) each year or $5.50 on an earnings per share basis.

How many employees does Prosperity Bancshares have?

The company employs 3,704 workers across the globe.

How can I contact Prosperity Bancshares?

Prosperity Bancshares' mailing address is 4295 SAN FELIPE, HOUSTON TX, 77027. The official website for the company is www.prosperitybankusa.com. The bank can be reached via phone at (281) 269-7199, via email at investor.relations@prosperitybanktx.com, or via fax at 281-269-7222.

This page (NYSE:PB) was last updated on 10/2/2022 by MarketBeat.com Staff

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