Annual Income Statements for Prosperity Bancshares
This table shows Prosperity Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Prosperity Bancshares
This table shows Prosperity Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Income / (Loss) Attributable to Common Shareholders |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
Consolidated Net Income / (Loss) |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
Net Income / (Loss) Continuing Operations |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
Total Pre-Tax Income |
|
173 |
175 |
159 |
112 |
143 |
121 |
141 |
143 |
162 |
166 |
166 |
Total Revenue |
|
295 |
294 |
282 |
276 |
278 |
274 |
277 |
305 |
303 |
308 |
307 |
Net Interest Income / (Expense) |
|
261 |
256 |
243 |
236 |
240 |
237 |
238 |
259 |
262 |
268 |
265 |
Total Interest Income |
|
280 |
309 |
327 |
360 |
380 |
376 |
382 |
413 |
418 |
411 |
393 |
Loans and Leases Interest Income |
|
210 |
235 |
247 |
287 |
309 |
307 |
306 |
336 |
337 |
333 |
319 |
Investment Securities Interest Income |
|
69 |
73 |
73 |
72 |
70 |
68 |
66 |
62 |
60 |
58 |
58 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
0.53 |
0.93 |
7.01 |
1.76 |
1.69 |
1.79 |
9.27 |
14 |
21 |
20 |
16 |
Total Interest Expense |
|
19 |
52 |
84 |
124 |
141 |
139 |
144 |
154 |
156 |
143 |
127 |
Deposits Interest Expense |
|
15 |
36 |
47 |
64 |
76 |
85 |
93 |
106 |
108 |
102 |
96 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
0.49 |
1.73 |
2.10 |
2.67 |
2.53 |
2.09 |
2.03 |
1.76 |
1.66 |
1.50 |
1.33 |
Other Interest Expense |
|
3.72 |
15 |
34 |
57 |
62 |
52 |
49 |
46 |
47 |
40 |
30 |
Total Non-Interest Income |
|
35 |
38 |
38 |
40 |
39 |
37 |
39 |
46 |
41 |
40 |
41 |
Trust Fees by Commissions |
|
4.11 |
4.40 |
4.37 |
4.36 |
4.39 |
4.42 |
5.39 |
4.79 |
4.74 |
4.58 |
4.86 |
Service Charges on Deposit Accounts |
|
6.22 |
5.93 |
5.93 |
6.08 |
6.26 |
6.32 |
6.41 |
6.44 |
6.66 |
6.99 |
7.41 |
Other Service Charges |
|
24 |
25 |
28 |
27 |
27 |
25 |
26 |
24 |
25 |
27 |
28 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.05 |
2.09 |
0.12 |
1.99 |
-0.05 |
-0.08 |
0.26 |
9.82 |
3.40 |
0.58 |
-0.24 |
Other Non-Interest Income |
|
0.34 |
0.10 |
0.24 |
0.66 |
0.86 |
0.54 |
0.61 |
0.75 |
0.96 |
0.78 |
1.01 |
Provision for Credit Losses |
|
0.00 |
- |
0.00 |
19 |
0.00 |
- |
0.00 |
9.07 |
0.00 |
- |
0.00 |
Total Non-Interest Expense |
|
122 |
119 |
123 |
146 |
136 |
152 |
136 |
153 |
140 |
142 |
140 |
Salaries and Employee Benefits |
|
80 |
75 |
78 |
85 |
85 |
80 |
86 |
90 |
88 |
89 |
89 |
Net Occupancy & Equipment Expense |
|
8.41 |
8.15 |
8.03 |
8.94 |
9.46 |
9.09 |
8.62 |
8.92 |
9.29 |
8.96 |
9.15 |
Other Operating Expenses |
|
18 |
19 |
20 |
21 |
21 |
43 |
23 |
29 |
22 |
23 |
22 |
Depreciation Expense |
|
4.44 |
4.44 |
4.43 |
4.66 |
4.59 |
4.61 |
4.69 |
4.84 |
4.74 |
4.79 |
4.77 |
Amortization Expense |
|
12 |
12 |
12 |
14 |
14 |
14 |
14 |
16 |
16 |
16 |
15 |
Income Tax Expense |
|
37 |
37 |
34 |
25 |
30 |
26 |
31 |
31 |
35 |
36 |
36 |
Basic Earnings per Share |
|
$1.49 |
$1.51 |
$1.37 |
$0.94 |
$1.20 |
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
Weighted Average Basic Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Diluted Earnings per Share |
|
$1.49 |
$1.51 |
$1.37 |
$0.94 |
$1.20 |
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
Weighted Average Diluted Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Weighted Average Basic & Diluted Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Annual Cash Flow Statements for Prosperity Bancshares
This table details how cash moves in and out of Prosperity Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
|
-114 |
-127 |
-45 |
19 |
163 |
769 |
1,204 |
-2,124 |
34 |
1,514 |
Net Cash From Operating Activities |
|
311 |
334 |
391 |
320 |
403 |
582 |
695 |
507 |
646 |
473 |
Net Cash From Continuing Operating Activities |
|
311 |
334 |
391 |
320 |
403 |
582 |
695 |
507 |
646 |
473 |
Net Income / (Loss) Continuing Operations |
|
287 |
274 |
272 |
322 |
333 |
529 |
519 |
525 |
419 |
479 |
Consolidated Net Income / (Loss) |
|
287 |
274 |
272 |
322 |
333 |
529 |
519 |
525 |
419 |
479 |
Provision For Loan Losses |
|
7.56 |
24 |
14 |
16 |
4.30 |
20 |
0.00 |
0.00 |
19 |
9.07 |
Depreciation Expense |
|
22 |
22 |
19 |
18 |
20 |
31 |
30 |
28 |
31 |
35 |
Amortization Expense |
|
58 |
43 |
39 |
32 |
31 |
39 |
58 |
43 |
28 |
23 |
Non-Cash Adjustments to Reconcile Net Income |
|
-25 |
-19 |
-9.96 |
-1.97 |
-38 |
-22 |
28 |
12 |
1.95 |
-22 |
Changes in Operating Assets and Liabilities, net |
|
-39 |
-11 |
56 |
-66 |
53 |
-15 |
59 |
-101 |
148 |
-51 |
Net Cash From Investing Activities |
|
-651 |
41 |
-373 |
-119 |
1,260 |
-1,274 |
-2,725 |
-1,964 |
1,094 |
1,982 |
Net Cash From Continuing Investing Activities |
|
-651 |
41 |
-373 |
-119 |
1,260 |
-1,274 |
-2,725 |
-1,964 |
1,094 |
1,982 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-9.36 |
-5.01 |
-11 |
-15 |
-19 |
-22 |
-19 |
-42 |
-34 |
-21 |
Purchase of Investment Securities |
|
-10,284 |
-10,074 |
-9,388 |
-9,981 |
-13,917 |
-60,777 |
-59,105 |
-41,541 |
-29,275 |
-37,793 |
Sale and/or Maturity of Investments |
|
9,642 |
10,129 |
9,027 |
9,877 |
15,195 |
59,525 |
56,400 |
39,620 |
30,403 |
39,796 |
Net Cash From Financing Activities |
|
226 |
-502 |
-63 |
-182 |
-1,500 |
1,461 |
3,235 |
-667 |
-1,706 |
-940 |
Net Cash From Continuing Financing Activities |
|
226 |
-502 |
-63 |
-182 |
-1,500 |
1,461 |
3,235 |
-667 |
-1,706 |
-940 |
Net Change in Deposits |
|
-11 |
-863 |
514 |
-565 |
510 |
3,167 |
3,412 |
-2,238 |
-2,931 |
-39 |
Issuance of Debt |
|
485 |
500 |
- |
530 |
- |
-1,300 |
0.00 |
1,850 |
1,675 |
-525 |
Repayment of Debt |
|
-170 |
-7.84 |
-0.56 |
-4.10 |
-1,822 |
-129 |
0.00 |
0.00 |
-3.16 |
0.00 |
Repurchase of Common Equity |
|
- |
-51 |
- |
0.00 |
-94 |
-115 |
-52 |
-66 |
-72 |
-75 |
Payment of Dividends |
|
-78 |
-86 |
-96 |
-104 |
-129 |
-174 |
-184 |
-193 |
-206 |
-214 |
Other Financing Activities, Net |
|
0.02 |
5.96 |
-481 |
-39 |
35 |
12 |
59 |
-20 |
-169 |
-87 |
Cash Interest Paid |
|
44 |
43 |
60 |
96 |
139 |
118 |
56 |
86 |
459 |
590 |
Cash Income Taxes Paid |
|
103 |
122 |
64 |
134 |
82 |
164 |
127 |
131 |
119 |
29 |
Quarterly Cash Flow Statements for Prosperity Bancshares
This table details how cash moves in and out of Prosperity Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Net Change in Cash & Equivalents |
|
208 |
-178 |
-19 |
-8.52 |
115 |
-54 |
628 |
421 |
702 |
-238 |
-278 |
Net Cash From Operating Activities |
|
192 |
-0.48 |
180 |
195 |
244 |
28 |
187 |
216 |
275 |
-206 |
178 |
Net Cash From Continuing Operating Activities |
|
192 |
-0.48 |
180 |
195 |
244 |
28 |
187 |
216 |
275 |
-206 |
178 |
Net Income / (Loss) Continuing Operations |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
Consolidated Net Income / (Loss) |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
Provision For Loan Losses |
|
- |
- |
0.00 |
19 |
- |
- |
0.00 |
9.07 |
- |
- |
0.00 |
Depreciation Expense |
|
7.01 |
7.00 |
6.81 |
7.83 |
8.16 |
8.17 |
7.92 |
8.99 |
8.89 |
8.92 |
8.42 |
Amortization Expense |
|
9.95 |
8.70 |
7.38 |
7.13 |
6.90 |
6.43 |
5.82 |
5.83 |
5.57 |
5.61 |
5.03 |
Non-Cash Adjustments to Reconcile Net Income |
|
1.77 |
8.55 |
1.06 |
-11 |
-0.01 |
12 |
0.38 |
-17 |
-1.48 |
-3.59 |
0.88 |
Changes in Operating Assets and Liabilities, net |
|
37 |
-163 |
40 |
85 |
116 |
-94 |
63 |
98 |
134 |
-347 |
34 |
Net Cash From Investing Activities |
|
-208 |
-20 |
-102 |
-101 |
678 |
620 |
405 |
808 |
331 |
437 |
460 |
Net Cash From Continuing Investing Activities |
|
-208 |
-20 |
-102 |
-101 |
678 |
620 |
405 |
808 |
331 |
437 |
460 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-5.52 |
-8.17 |
-10 |
-8.06 |
-11 |
-4.64 |
-7.18 |
-4.70 |
-4.43 |
-4.82 |
-7.07 |
Purchase of Investment Securities |
|
-11,496 |
-5,838 |
-5,433 |
-7,199 |
-9,093 |
-7,549 |
-8,591 |
-9,047 |
-11,601 |
-8,554 |
-6,636 |
Sale and/or Maturity of Investments |
|
11,294 |
5,826 |
5,341 |
7,106 |
9,782 |
8,174 |
9,004 |
9,860 |
11,936 |
8,995 |
7,103 |
Net Cash From Financing Activities |
|
225 |
-158 |
-96 |
-102 |
-806 |
-702 |
36 |
-604 |
96 |
-468 |
-916 |
Net Cash From Continuing Financing Activities |
|
225 |
-158 |
-96 |
-102 |
-806 |
-702 |
36 |
-604 |
96 |
-468 |
-916 |
Net Change in Deposits |
|
-565 |
-767 |
-1,529 |
-1,201 |
-68 |
-133 |
-4.19 |
-483 |
155 |
294 |
-355 |
Repayment of Debt |
|
-27 |
-6.21 |
0.00 |
-44 |
41 |
- |
0.00 |
-76 |
76 |
- |
-500 |
Repurchase of Common Equity |
|
- |
- |
-38 |
-34 |
- |
- |
-35 |
-39 |
- |
- |
0.00 |
Payment of Dividends |
|
-47 |
-50 |
-50 |
-52 |
-52 |
-52 |
-52 |
-53 |
-53 |
-55 |
-55 |
Other Financing Activities, Net |
|
- |
-20 |
6.13 |
- |
- |
8.56 |
-48 |
- |
- |
-6.98 |
-5.83 |
Cash Interest Paid |
|
18 |
50 |
80 |
104 |
92 |
184 |
103 |
100 |
112 |
275 |
135 |
Cash Income Taxes Paid |
|
35 |
36 |
0.33 |
68 |
26 |
25 |
0.49 |
28 |
0.05 |
0.62 |
78 |
Annual Balance Sheets for Prosperity Bancshares
This table presents Prosperity Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Total Assets |
|
22,037 |
22,331 |
11,845 |
22,693 |
32,186 |
34,059 |
37,834 |
37,690 |
38,548 |
39,567 |
Cash and Due from Banks |
|
563 |
436 |
- |
411 |
574 |
1,343 |
2,548 |
424 |
458 |
1,972 |
Federal Funds Sold |
|
1.42 |
1.18 |
- |
0.55 |
0.52 |
0.55 |
0.24 |
0.30 |
0.26 |
0.29 |
Trading Account Securities |
|
9,502 |
9,726 |
- |
9,409 |
8,570 |
8,543 |
12,819 |
14,476 |
12,804 |
11,094 |
Loans and Leases, Net of Allowance |
|
9,357 |
9,537 |
9,905 |
10,284 |
17,124 |
19,931 |
18,330 |
18,558 |
20,842 |
21,787 |
Loans and Leases |
|
9,439 |
9,622 |
9,989 |
10,370 |
17,212 |
20,247 |
18,616 |
18,839 |
21,175 |
22,139 |
Allowance for Loan and Lease Losses |
|
81 |
85 |
84 |
86 |
87 |
316 |
286 |
282 |
332 |
352 |
Loans Held for Sale |
|
- |
- |
- |
- |
81 |
- |
18,330 |
0.55 |
5.73 |
11 |
Premises and Equipment, Net |
|
268 |
262 |
- |
257 |
327 |
324 |
320 |
339 |
370 |
371 |
Goodwill |
|
1,869 |
1,901 |
1,901 |
1,901 |
3,224 |
3,232 |
3,232 |
3,232 |
3,396 |
3,503 |
Intangible Assets |
|
49 |
46 |
39 |
33 |
86 |
73 |
62 |
51 |
64 |
66 |
Other Assets |
|
427 |
422 |
- |
399 |
2,200 |
614 |
524 |
609 |
607 |
762 |
Total Liabilities & Shareholders' Equity |
|
22,037 |
22,331 |
-0.11 |
22,693 |
32,186 |
34,059 |
37,834 |
37,690 |
38,548 |
39,567 |
Total Liabilities |
|
18,574 |
18,689 |
0.00 |
18,641 |
26,215 |
27,929 |
31,407 |
30,990 |
31,469 |
32,128 |
Non-Interest Bearing Deposits |
|
5,137 |
5,191 |
- |
5,666 |
7,764 |
9,151 |
10,750 |
10,915 |
9,777 |
9,798 |
Interest Bearing Deposits |
|
12,545 |
12,116 |
- |
11,590 |
16,436 |
18,209 |
20,022 |
17,618 |
17,403 |
18,583 |
Short-Term Debt |
|
807 |
1,311 |
- |
1,316 |
377 |
390 |
448 |
428 |
309 |
222 |
Accrued Interest Payable |
|
1.90 |
2.32 |
- |
4.20 |
8.59 |
3.46 |
1.26 |
4.50 |
35 |
42 |
Long-Term Debt |
|
- |
- |
- |
- |
1,430 |
0.00 |
0.00 |
1,850 |
3,725 |
3,200 |
Other Long-Term Liabilities |
|
85 |
68 |
- |
64 |
200 |
175 |
156 |
174 |
220 |
283 |
Commitments & Contingencies |
|
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
3,463 |
3,642 |
-0.11 |
4,053 |
5,971 |
6,131 |
6,427 |
6,699 |
7,079 |
7,438 |
Total Preferred & Common Equity |
|
3,463 |
3,642 |
3,824 |
4,053 |
5,971 |
6,131 |
6,427 |
6,699 |
7,079 |
7,438 |
Preferred Stock |
|
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
3,463 |
3,642 |
-0.11 |
4,053 |
5,971 |
6,131 |
6,427 |
6,699 |
7,079 |
7,438 |
Common Stock |
|
2,106 |
2,098 |
- |
2,115 |
3,829 |
3,727 |
3,687 |
3,633 |
3,798 |
3,892 |
Retained Earnings |
|
1,355 |
1,543 |
- |
1,937 |
2,141 |
2,403 |
2,738 |
3,070 |
3,283 |
3,548 |
Accumulated Other Comprehensive Income / (Loss) |
|
2.04 |
1.41 |
-0.11 |
0.31 |
0.60 |
0.77 |
1.81 |
-3.47 |
-1.40 |
-1.62 |
Quarterly Balance Sheets for Prosperity Bancshares
This table presents Prosperity Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Total Assets |
|
37,844 |
37,829 |
39,905 |
39,296 |
38,757 |
39,762 |
40,115 |
38,765 |
Cash and Due from Banks |
|
602 |
405 |
397 |
512 |
1,086 |
1,508 |
2,210 |
1,695 |
Federal Funds Sold |
|
0.24 |
0.22 |
0.18 |
0.23 |
0.25 |
0.23 |
0.21 |
0.22 |
Trading Account Securities |
|
14,806 |
14,072 |
13,667 |
13,193 |
12,301 |
11,702 |
11,301 |
10,793 |
Loans and Leases, Net of Allowance |
|
18,224 |
19,052 |
21,298 |
21,071 |
20,929 |
21,951 |
22,020 |
21,619 |
Loans and Leases |
|
18,506 |
19,334 |
21,643 |
21,423 |
21,259 |
22,311 |
22,375 |
21,968 |
Allowance for Loan and Lease Losses |
|
282 |
282 |
345 |
351 |
330 |
360 |
354 |
349 |
Loans Held for Sale |
|
- |
19,052 |
11 |
10 |
6.38 |
9.95 |
6.11 |
9.76 |
Premises and Equipment, Net |
|
337 |
345 |
365 |
370 |
372 |
377 |
374 |
373 |
Goodwill |
|
3,232 |
3,232 |
3,384 |
3,396 |
3,396 |
3,504 |
3,504 |
3,503 |
Intangible Assets |
|
54 |
49 |
71 |
68 |
61 |
74 |
70 |
62 |
Other Assets |
|
588 |
674 |
712 |
675 |
604 |
636 |
630 |
710 |
Total Liabilities & Shareholders' Equity |
|
37,844 |
37,829 |
39,905 |
39,296 |
38,757 |
39,762 |
40,115 |
38,765 |
Total Liabilities |
|
31,232 |
31,090 |
32,937 |
32,263 |
31,652 |
32,479 |
32,754 |
31,248 |
Non-Interest Bearing Deposits |
|
11,154 |
10,108 |
10,365 |
10,282 |
9,527 |
9,707 |
9,811 |
9,676 |
Interest Bearing Deposits |
|
18,146 |
16,896 |
17,016 |
17,031 |
17,649 |
18,227 |
18,276 |
18,351 |
Short-Term Debt |
|
1,619 |
434 |
434 |
301 |
262 |
234 |
229 |
216 |
Accrued Interest Payable |
|
2.10 |
8.37 |
29 |
80 |
76 |
130 |
174 |
34 |
Long-Term Debt |
|
- |
3,365 |
4,803 |
4,250 |
3,900 |
3,900 |
3,900 |
2,700 |
Other Long-Term Liabilities |
|
310 |
248 |
290 |
320 |
239 |
283 |
363 |
271 |
Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
6,612 |
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
Total Preferred & Common Equity |
|
6,612 |
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
6,612 |
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
Common Stock |
|
3,630 |
3,598 |
3,791 |
3,794 |
3,766 |
3,886 |
3,889 |
3,895 |
Retained Earnings |
|
2,982 |
3,144 |
3,180 |
3,240 |
3,341 |
3,399 |
3,473 |
3,623 |
Accumulated Other Comprehensive Income / (Loss) |
|
-0.24 |
-3.48 |
-2.68 |
-1.93 |
-2.33 |
-1.59 |
-0.85 |
-1.09 |
Annual Metrics And Ratios for Prosperity Bancshares
This table displays calculated financial ratios and metrics derived from Prosperity Bancshares' official financial filings.
Metric |
|
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
-5.14% |
-0.03% |
-2.34% |
1.65% |
9.98% |
41.73% |
-2.49% |
1.51% |
-3.53% |
7.44% |
EBITDA Growth |
|
-1.95% |
-7.14% |
-2.17% |
-2.41% |
3.81% |
52.11% |
4.54% |
-1.38% |
-19.55% |
12.97% |
EBIT Growth |
|
-3.49% |
-5.01% |
-0.63% |
-0.75% |
4.01% |
53.87% |
2.27% |
0.99% |
-19.77% |
14.63% |
NOPAT Growth |
|
-3.63% |
-4.25% |
-0.84% |
18.24% |
3.34% |
59.04% |
-1.82% |
1.01% |
-20.06% |
14.33% |
Net Income Growth |
|
-3.63% |
-4.25% |
-0.84% |
18.24% |
3.34% |
59.04% |
-1.82% |
1.01% |
-20.06% |
14.33% |
EPS Growth |
|
-5.32% |
-3.67% |
-0.51% |
17.60% |
-1.95% |
25.66% |
-1.41% |
2.32% |
-21.29% |
11.97% |
Operating Cash Flow Growth |
|
-10.75% |
7.57% |
16.86% |
-18.06% |
25.88% |
44.49% |
19.30% |
-27.09% |
27.61% |
-26.87% |
Free Cash Flow Firm Growth |
|
-60.92% |
-66.25% |
-1,516.47% |
202.70% |
-130.54% |
186.03% |
-90.81% |
-1,060.73% |
-8.82% |
142.67% |
Invested Capital Growth |
|
14.26% |
16.02% |
139.12% |
-54.68% |
44.87% |
-16.17% |
5.45% |
30.58% |
23.79% |
-2.28% |
Revenue Q/Q Growth |
|
-3.04% |
-0.03% |
0.27% |
0.14% |
10.99% |
2.35% |
-1.19% |
1.17% |
-1.80% |
2.94% |
EBITDA Q/Q Growth |
|
-2.19% |
-1.14% |
-0.58% |
0.02% |
1.83% |
10.53% |
-1.14% |
0.81% |
-8.39% |
7.13% |
EBIT Q/Q Growth |
|
-2.63% |
-0.72% |
0.01% |
0.58% |
1.17% |
11.13% |
-1.93% |
2.09% |
-9.06% |
7.87% |
NOPAT Q/Q Growth |
|
-2.63% |
-0.61% |
-0.60% |
5.30% |
0.85% |
10.66% |
-1.95% |
2.16% |
-9.18% |
7.78% |
Net Income Q/Q Growth |
|
-2.63% |
-0.61% |
-0.60% |
5.30% |
0.85% |
10.66% |
-1.95% |
2.16% |
-9.18% |
7.78% |
EPS Q/Q Growth |
|
-3.08% |
-0.25% |
-0.76% |
5.25% |
-4.64% |
9.86% |
-2.10% |
2.69% |
-10.16% |
7.68% |
Operating Cash Flow Q/Q Growth |
|
-10.52% |
-12.94% |
18.97% |
18.34% |
-9.05% |
5.74% |
-1.48% |
-12.97% |
4.60% |
-33.09% |
Free Cash Flow Firm Q/Q Growth |
|
-14.59% |
-192.06% |
-1,328.59% |
1,749.77% |
-291.42% |
274.12% |
-42.59% |
-69.44% |
40.61% |
36.16% |
Invested Capital Q/Q Growth |
|
-5.29% |
14.16% |
133.34% |
-7.34% |
54.35% |
-0.35% |
1.31% |
9.07% |
-4.06% |
-5.48% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
68.00% |
63.17% |
63.28% |
60.75% |
57.34% |
61.54% |
65.98% |
64.10% |
53.46% |
56.21% |
EBIT Margin |
|
57.26% |
54.41% |
55.36% |
54.05% |
51.12% |
55.50% |
58.21% |
57.91% |
48.16% |
51.39% |
Profit (Net Income) Margin |
|
38.15% |
36.54% |
37.11% |
43.16% |
40.55% |
45.51% |
45.82% |
45.60% |
37.79% |
40.21% |
Tax Burden Percent |
|
66.63% |
67.16% |
67.02% |
79.85% |
79.33% |
82.00% |
78.72% |
78.74% |
78.46% |
78.25% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
33.37% |
32.84% |
32.98% |
20.15% |
20.67% |
18.00% |
21.28% |
21.26% |
21.54% |
21.75% |
Return on Invested Capital (ROIC) |
|
7.16% |
5.95% |
3.24% |
3.74% |
5.06% |
7.40% |
7.75% |
6.62% |
4.17% |
4.36% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
7.16% |
5.95% |
3.24% |
3.74% |
5.06% |
7.40% |
7.75% |
6.62% |
4.17% |
4.36% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.39% |
1.77% |
11.70% |
12.14% |
1.58% |
1.34% |
0.52% |
1.37% |
1.91% |
2.24% |
Return on Equity (ROE) |
|
8.55% |
7.73% |
14.95% |
15.88% |
6.64% |
8.74% |
8.27% |
7.99% |
6.09% |
6.60% |
Cash Return on Invested Capital (CROIC) |
|
-6.15% |
-8.88% |
-78.81% |
78.99% |
-31.59% |
24.99% |
2.45% |
-19.90% |
-17.09% |
6.67% |
Operating Return on Assets (OROA) |
|
1.98% |
1.84% |
2.38% |
2.33% |
1.53% |
1.95% |
1.84% |
1.76% |
1.40% |
1.57% |
Return on Assets (ROA) |
|
1.32% |
1.24% |
1.59% |
1.86% |
1.21% |
1.60% |
1.44% |
1.39% |
1.10% |
1.23% |
Return on Common Equity (ROCE) |
|
8.55% |
7.73% |
14.95% |
15.88% |
6.64% |
8.74% |
8.27% |
7.99% |
6.09% |
6.60% |
Return on Equity Simple (ROE_SIMPLE) |
|
8.28% |
7.54% |
7.12% |
7.94% |
5.57% |
8.63% |
8.08% |
7.83% |
5.92% |
6.44% |
Net Operating Profit after Tax (NOPAT) |
|
287 |
274 |
272 |
322 |
333 |
529 |
519 |
525 |
419 |
479 |
NOPAT Margin |
|
38.15% |
36.54% |
37.11% |
43.16% |
40.55% |
45.51% |
45.82% |
45.60% |
37.79% |
40.21% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
28.82% |
29.42% |
29.29% |
30.88% |
30.53% |
29.62% |
30.24% |
30.18% |
32.80% |
32.55% |
Operating Expenses to Revenue |
|
41.73% |
42.39% |
42.69% |
43.75% |
48.36% |
42.78% |
41.79% |
42.09% |
50.17% |
47.85% |
Earnings before Interest and Taxes (EBIT) |
|
430 |
409 |
406 |
403 |
419 |
645 |
660 |
666 |
534 |
613 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
511 |
474 |
464 |
453 |
470 |
715 |
748 |
737 |
593 |
670 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.00 |
1.11 |
0.00 |
0.91 |
0.71 |
0.94 |
0.95 |
0.92 |
0.87 |
0.97 |
Price to Tangible Book Value (P/TBV) |
|
0.00 |
2.38 |
0.00 |
1.73 |
1.60 |
2.03 |
1.95 |
1.81 |
1.70 |
1.86 |
Price to Revenue (P/Rev) |
|
0.00 |
5.38 |
5.48 |
4.92 |
5.18 |
4.93 |
5.40 |
5.38 |
5.53 |
6.02 |
Price to Earnings (P/E) |
|
0.00 |
14.71 |
14.78 |
11.41 |
12.77 |
10.84 |
11.78 |
11.79 |
14.64 |
14.97 |
Dividend Yield |
|
2.95% |
2.13% |
2.38% |
2.84% |
2.72% |
3.02% |
3.00% |
3.11% |
3.37% |
3.00% |
Earnings Yield |
|
0.00% |
6.80% |
6.77% |
8.77% |
7.83% |
9.22% |
8.49% |
8.48% |
6.83% |
6.68% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.99 |
0.34 |
0.85 |
0.70 |
0.73 |
0.58 |
0.90 |
0.87 |
0.79 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
6.54 |
5.48 |
6.14 |
6.68 |
4.11 |
3.54 |
6.99 |
8.75 |
7.24 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
10.35 |
8.67 |
10.10 |
11.66 |
6.68 |
5.37 |
10.90 |
16.37 |
12.87 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
12.02 |
9.91 |
11.35 |
13.07 |
7.41 |
6.09 |
12.07 |
18.17 |
14.08 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
17.89 |
14.78 |
14.22 |
16.48 |
9.04 |
7.73 |
15.33 |
23.16 |
18.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
14.69 |
10.30 |
14.29 |
13.60 |
8.21 |
5.78 |
15.87 |
15.03 |
18.25 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.67 |
0.00 |
2.68 |
24.46 |
0.00 |
0.00 |
11.78 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.23 |
0.36 |
0.00 |
0.32 |
0.30 |
0.06 |
0.07 |
0.34 |
0.57 |
0.46 |
Long-Term Debt to Equity |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.24 |
0.00 |
0.00 |
0.28 |
0.53 |
0.43 |
Financial Leverage |
|
0.19 |
0.30 |
3.61 |
3.25 |
0.31 |
0.18 |
0.07 |
0.21 |
0.46 |
0.51 |
Leverage Ratio |
|
6.49 |
6.24 |
9.38 |
8.52 |
5.48 |
5.47 |
5.72 |
5.75 |
5.53 |
5.38 |
Compound Leverage Factor |
|
6.49 |
6.24 |
9.38 |
8.52 |
5.48 |
5.47 |
5.72 |
5.75 |
5.53 |
5.38 |
Debt to Total Capital |
|
18.89% |
26.47% |
0.00% |
24.51% |
23.23% |
5.98% |
6.52% |
25.38% |
36.30% |
31.51% |
Short-Term Debt to Total Capital |
|
18.89% |
26.47% |
0.00% |
24.51% |
4.85% |
5.98% |
6.52% |
4.77% |
2.78% |
2.04% |
Long-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
18.38% |
0.00% |
0.00% |
20.61% |
33.52% |
29.46% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
81.11% |
73.53% |
100.00% |
75.49% |
76.77% |
94.03% |
93.48% |
74.62% |
63.70% |
68.49% |
Debt to EBITDA |
|
1.58 |
2.76 |
0.00 |
2.90 |
3.84 |
0.54 |
0.60 |
3.09 |
6.80 |
5.11 |
Net Debt to EBITDA |
|
0.48 |
1.84 |
0.00 |
2.00 |
2.62 |
-1.33 |
-2.81 |
2.51 |
6.03 |
2.16 |
Long-Term Debt to EBITDA |
|
0.00 |
0.00 |
0.00 |
0.00 |
3.04 |
0.00 |
0.00 |
2.51 |
6.28 |
4.77 |
Debt to NOPAT |
|
2.81 |
4.78 |
0.00 |
4.09 |
5.43 |
0.74 |
0.86 |
4.34 |
9.62 |
7.14 |
Net Debt to NOPAT |
|
0.85 |
3.18 |
0.00 |
2.81 |
3.71 |
-1.80 |
-4.04 |
3.53 |
8.53 |
3.02 |
Long-Term Debt to NOPAT |
|
0.00 |
0.00 |
0.00 |
0.00 |
4.30 |
0.00 |
0.00 |
3.53 |
8.88 |
6.68 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-246 |
-409 |
-6,619 |
6,798 |
-2,076 |
1,786 |
164 |
-1,578 |
-1,717 |
733 |
Operating Cash Flow to CapEx |
|
3,321.73% |
6,677.75% |
3,479.61% |
2,118.07% |
2,168.14% |
2,629.82% |
3,652.23% |
1,194.05% |
1,892.53% |
2,236.02% |
Free Cash Flow to Firm to Interest Expense |
|
-6.28 |
-9.49 |
-109.43 |
69.64 |
-15.14 |
15.78 |
3.06 |
-17.61 |
-3.52 |
1.23 |
Operating Cash Flow to Interest Expense |
|
7.93 |
7.75 |
6.46 |
3.28 |
2.94 |
5.15 |
12.96 |
5.65 |
1.32 |
0.79 |
Operating Cash Flow Less CapEx to Interest Expense |
|
7.69 |
7.63 |
6.27 |
3.12 |
2.80 |
4.95 |
12.60 |
5.18 |
1.25 |
0.76 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.03 |
0.04 |
0.04 |
0.03 |
0.04 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
2.73 |
2.83 |
0.00 |
0.00 |
2.81 |
3.57 |
3.52 |
3.49 |
3.13 |
3.22 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
4,270 |
4,954 |
11,845 |
5,369 |
7,778 |
6,520 |
6,875 |
8,978 |
11,114 |
10,860 |
Invested Capital Turnover |
|
0.19 |
0.16 |
0.09 |
0.09 |
0.12 |
0.16 |
0.17 |
0.15 |
0.11 |
0.11 |
Increase / (Decrease) in Invested Capital |
|
533 |
684 |
6,892 |
-6,476 |
2,409 |
-1,257 |
355 |
2,102 |
2,136 |
-253 |
Enterprise Value (EV) |
|
0.00 |
4,911 |
4,023 |
4,575 |
5,481 |
4,780 |
4,016 |
8,040 |
9,713 |
8,628 |
Market Capitalization |
|
0.00 |
4,038 |
4,023 |
3,670 |
4,248 |
5,734 |
6,116 |
6,186 |
6,137 |
7,178 |
Book Value per Share |
|
$49.45 |
$52.42 |
$0.00 |
$58.03 |
$87.30 |
$66.24 |
$69.74 |
$73.37 |
$75.54 |
$78.08 |
Tangible Book Value per Share |
|
$22.06 |
$24.40 |
($27.92) |
$30.34 |
$38.90 |
$30.53 |
$34.00 |
$37.42 |
$38.62 |
$40.62 |
Total Capital |
|
4,270 |
4,954 |
-0.11 |
5,369 |
7,778 |
6,520 |
6,875 |
8,978 |
11,114 |
10,860 |
Total Debt |
|
807 |
1,311 |
0.00 |
1,316 |
1,807 |
390 |
448 |
2,278 |
4,034 |
3,422 |
Total Long-Term Debt |
|
0.00 |
0.00 |
0.00 |
0.00 |
1,430 |
0.00 |
0.00 |
1,850 |
3,725 |
3,200 |
Net Debt |
|
243 |
874 |
0.00 |
905 |
1,233 |
-954 |
-2,100 |
1,854 |
3,576 |
1,449 |
Capital Expenditures (CapEx) |
|
9.36 |
5.01 |
11 |
15 |
19 |
22 |
19 |
42 |
34 |
21 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
807 |
1,311 |
11,845 |
1,316 |
1,807 |
390 |
448 |
2,278 |
4,034 |
3,422 |
Total Depreciation and Amortization (D&A) |
|
81 |
66 |
58 |
50 |
51 |
70 |
88 |
71 |
59 |
58 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.52 |
$5.68 |
$5.60 |
$5.73 |
$4.51 |
$5.05 |
Adjusted Weighted Average Basic Shares Outstanding |
|
69.87M |
69.48M |
69.83M |
69.85M |
94.74M |
92.93M |
92.16M |
91.31M |
93.53M |
95.26M |
Adjusted Diluted Earnings per Share |
|
$4.09 |
$3.94 |
$3.92 |
$4.61 |
$4.52 |
$5.68 |
$5.60 |
$5.73 |
$4.51 |
$5.05 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
69.87M |
69.48M |
69.83M |
69.85M |
94.74M |
92.93M |
92.16M |
91.31M |
93.53M |
95.26M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$4.52 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
69.87M |
69.48M |
69.83M |
69.85M |
94.74M |
92.93M |
92.16M |
91.31M |
93.53M |
95.26M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
287 |
274 |
272 |
322 |
369 |
535 |
519 |
525 |
431 |
483 |
Normalized NOPAT Margin |
|
38.15% |
36.54% |
37.11% |
43.16% |
45.04% |
46.07% |
45.82% |
45.61% |
38.86% |
40.50% |
Pre Tax Income Margin |
|
57.26% |
54.41% |
55.36% |
54.05% |
51.12% |
55.50% |
58.21% |
57.91% |
48.16% |
51.39% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
10.98 |
9.47 |
6.71 |
4.13 |
3.06 |
5.70 |
12.30 |
7.43 |
1.10 |
1.03 |
NOPAT to Interest Expense |
|
7.31 |
6.36 |
4.50 |
3.30 |
2.42 |
4.67 |
9.69 |
5.85 |
0.86 |
0.80 |
EBIT Less CapEx to Interest Expense |
|
10.74 |
9.35 |
6.53 |
3.97 |
2.92 |
5.50 |
11.95 |
6.96 |
1.03 |
0.99 |
NOPAT Less CapEx to Interest Expense |
|
7.08 |
6.24 |
4.31 |
3.14 |
2.29 |
4.48 |
9.33 |
5.38 |
0.79 |
0.77 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
27.30% |
31.42% |
35.23% |
32.33% |
38.76% |
32.86% |
35.48% |
36.82% |
49.06% |
44.72% |
Augmented Payout Ratio |
|
27.30% |
50.02% |
35.23% |
32.33% |
67.17% |
54.64% |
45.51% |
49.35% |
66.29% |
60.31% |
Quarterly Metrics And Ratios for Prosperity Bancshares
This table displays calculated financial ratios and metrics derived from Prosperity Bancshares' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
4.29% |
4.76% |
2.42% |
-3.47% |
-5.79% |
-6.91% |
-1.64% |
10.37% |
8.81% |
12.45% |
10.67% |
EBITDA Growth |
|
2.24% |
3.23% |
-1.32% |
-30.30% |
-17.07% |
-28.55% |
-10.36% |
24.48% |
12.21% |
32.82% |
16.01% |
EBIT Growth |
|
5.97% |
8.47% |
2.27% |
-31.53% |
-17.64% |
-30.49% |
-11.00% |
27.87% |
13.91% |
36.82% |
17.78% |
NOPAT Growth |
|
5.62% |
8.75% |
1.94% |
-32.34% |
-17.38% |
-30.75% |
-11.44% |
28.37% |
13.43% |
36.24% |
17.93% |
Net Income Growth |
|
5.62% |
8.75% |
1.94% |
-32.34% |
-17.38% |
-30.75% |
-11.44% |
28.37% |
13.43% |
36.24% |
17.93% |
EPS Growth |
|
7.19% |
11.03% |
3.01% |
-32.86% |
-19.46% |
-33.77% |
-13.87% |
24.47% |
11.67% |
36.00% |
16.10% |
Operating Cash Flow Growth |
|
4.17% |
-100.64% |
-23.72% |
145.08% |
27.08% |
5,946.86% |
4.24% |
11.08% |
12.68% |
-836.53% |
-4.92% |
Free Cash Flow Firm Growth |
|
-1,038.48% |
-760.42% |
-1,448.12% |
-1,015.27% |
-147.59% |
-3.89% |
82.20% |
118.69% |
106.81% |
118.78% |
256.02% |
Invested Capital Growth |
|
21.29% |
30.58% |
51.73% |
67.11% |
40.73% |
23.79% |
6.91% |
-6.46% |
-0.81% |
-2.28% |
-7.39% |
Revenue Q/Q Growth |
|
3.25% |
-0.51% |
-4.13% |
-1.98% |
0.77% |
-1.69% |
1.30% |
9.99% |
-0.66% |
1.59% |
-0.30% |
EBITDA Q/Q Growth |
|
4.60% |
0.11% |
-9.14% |
-26.73% |
24.45% |
-13.76% |
14.00% |
1.74% |
12.18% |
2.08% |
-0.43% |
EBIT Q/Q Growth |
|
6.11% |
0.85% |
-9.10% |
-29.61% |
27.63% |
-14.89% |
16.38% |
1.14% |
13.70% |
2.22% |
0.19% |
NOPAT Q/Q Growth |
|
5.70% |
1.52% |
-9.56% |
-30.28% |
29.07% |
-14.91% |
15.66% |
1.07% |
14.05% |
2.20% |
0.11% |
Net Income Q/Q Growth |
|
5.70% |
1.52% |
-9.56% |
-30.28% |
29.07% |
-14.91% |
15.66% |
1.07% |
14.05% |
2.20% |
0.11% |
EPS Q/Q Growth |
|
6.43% |
1.34% |
-9.27% |
-31.39% |
27.66% |
-16.67% |
18.00% |
-0.85% |
14.53% |
1.49% |
0.74% |
Operating Cash Flow Q/Q Growth |
|
141.18% |
-100.25% |
37,709.41% |
8.41% |
25.06% |
-88.53% |
570.53% |
15.53% |
26.86% |
-174.95% |
186.56% |
Free Cash Flow Firm Q/Q Growth |
|
-203.14% |
-50.09% |
-76.57% |
-38.82% |
32.70% |
37.02% |
69.74% |
245.74% |
-75.49% |
73.80% |
151.33% |
Invested Capital Q/Q Growth |
|
12.70% |
9.07% |
17.39% |
15.82% |
-5.10% |
-4.06% |
1.37% |
1.34% |
0.64% |
-5.48% |
-3.93% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
64.37% |
64.76% |
61.38% |
45.88% |
56.66% |
49.71% |
55.94% |
51.74% |
58.43% |
58.71% |
58.64% |
EBIT Margin |
|
58.62% |
59.42% |
56.34% |
40.46% |
51.25% |
44.37% |
50.98% |
46.88% |
53.65% |
53.99% |
54.25% |
Profit (Net Income) Margin |
|
45.98% |
46.92% |
44.26% |
31.48% |
40.32% |
34.90% |
39.85% |
36.62% |
42.04% |
42.29% |
42.46% |
Tax Burden Percent |
|
78.44% |
78.96% |
78.56% |
77.81% |
78.68% |
78.66% |
78.17% |
78.11% |
78.35% |
78.33% |
78.27% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
21.56% |
21.04% |
21.44% |
22.19% |
21.32% |
21.34% |
21.83% |
21.89% |
21.65% |
21.67% |
21.73% |
Return on Invested Capital (ROIC) |
|
6.96% |
6.81% |
5.86% |
3.70% |
4.60% |
3.86% |
4.04% |
3.51% |
4.22% |
4.59% |
4.78% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
6.96% |
6.81% |
5.86% |
3.70% |
4.60% |
3.86% |
4.04% |
3.51% |
4.22% |
4.59% |
4.78% |
Return on Net Nonoperating Assets (RNNOA) |
|
1.11% |
1.41% |
1.88% |
1.65% |
2.08% |
1.77% |
2.32% |
2.31% |
2.54% |
2.36% |
2.31% |
Return on Equity (ROE) |
|
8.07% |
8.22% |
7.73% |
5.35% |
6.68% |
5.62% |
6.36% |
5.83% |
6.77% |
6.95% |
7.10% |
Cash Return on Invested Capital (CROIC) |
|
-12.40% |
-19.90% |
-35.07% |
-45.28% |
-29.18% |
-17.09% |
-2.96% |
10.31% |
4.66% |
6.67% |
12.28% |
Operating Return on Assets (OROA) |
|
1.79% |
1.81% |
1.71% |
1.20% |
1.50% |
1.29% |
1.47% |
1.33% |
1.57% |
1.65% |
1.71% |
Return on Assets (ROA) |
|
1.41% |
1.43% |
1.35% |
0.93% |
1.18% |
1.02% |
1.15% |
1.04% |
1.23% |
1.29% |
1.34% |
Return on Common Equity (ROCE) |
|
8.07% |
8.22% |
7.73% |
5.35% |
6.68% |
5.62% |
6.36% |
5.83% |
6.77% |
6.95% |
7.10% |
Return on Equity Simple (ROE_SIMPLE) |
|
7.77% |
0.00% |
7.82% |
6.97% |
6.57% |
0.00% |
5.70% |
5.90% |
6.04% |
0.00% |
6.64% |
Net Operating Profit after Tax (NOPAT) |
|
136 |
138 |
125 |
87 |
112 |
95 |
110 |
112 |
127 |
130 |
130 |
NOPAT Margin |
|
45.98% |
46.92% |
44.26% |
31.48% |
40.32% |
34.90% |
39.85% |
36.62% |
42.04% |
42.29% |
42.46% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
29.79% |
28.41% |
30.46% |
33.92% |
34.10% |
32.75% |
34.06% |
32.32% |
32.25% |
31.72% |
32.16% |
Operating Expenses to Revenue |
|
41.38% |
40.58% |
43.66% |
52.82% |
48.75% |
55.63% |
49.02% |
50.15% |
46.35% |
46.01% |
45.75% |
Earnings before Interest and Taxes (EBIT) |
|
173 |
175 |
159 |
112 |
143 |
121 |
141 |
143 |
162 |
166 |
166 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
190 |
190 |
173 |
127 |
158 |
136 |
155 |
158 |
177 |
181 |
180 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
0.86 |
0.92 |
0.80 |
0.74 |
0.70 |
0.87 |
0.86 |
0.81 |
0.93 |
0.97 |
0.90 |
Price to Tangible Book Value (P/TBV) |
|
1.72 |
1.81 |
1.55 |
1.46 |
1.38 |
1.70 |
1.67 |
1.58 |
1.81 |
1.86 |
1.72 |
Price to Revenue (P/Rev) |
|
5.02 |
5.38 |
4.64 |
4.47 |
4.37 |
5.53 |
5.51 |
5.17 |
5.93 |
6.02 |
5.56 |
Price to Earnings (P/E) |
|
11.12 |
11.79 |
10.18 |
10.57 |
10.70 |
14.64 |
15.04 |
13.65 |
15.44 |
14.97 |
13.62 |
Dividend Yield |
|
3.32% |
3.11% |
3.64% |
3.99% |
4.18% |
3.37% |
3.41% |
3.65% |
3.11% |
3.00% |
3.19% |
Earnings Yield |
|
8.99% |
8.48% |
9.82% |
9.46% |
9.35% |
6.83% |
6.65% |
7.33% |
6.48% |
6.68% |
7.34% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.82 |
0.90 |
0.83 |
0.82 |
0.78 |
0.87 |
0.81 |
0.74 |
0.76 |
0.79 |
0.77 |
Enterprise Value to Revenue (EV/Rev) |
|
5.92 |
6.99 |
7.57 |
8.69 |
7.94 |
8.75 |
8.30 |
7.49 |
7.58 |
7.24 |
6.56 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
9.20 |
10.90 |
11.91 |
14.66 |
13.86 |
16.37 |
15.94 |
14.00 |
14.04 |
12.87 |
11.54 |
Enterprise Value to EBIT (EV/EBIT) |
|
10.31 |
12.07 |
13.08 |
16.13 |
15.27 |
18.17 |
17.73 |
15.49 |
15.47 |
14.08 |
12.58 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
13.10 |
15.33 |
16.62 |
20.54 |
19.44 |
23.16 |
22.64 |
19.76 |
19.75 |
18.00 |
16.07 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
11.56 |
15.87 |
19.43 |
17.62 |
14.53 |
15.03 |
14.02 |
12.57 |
12.43 |
18.25 |
17.30 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
6.97 |
16.33 |
11.78 |
6.02 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.24 |
0.34 |
0.56 |
0.75 |
0.65 |
0.57 |
0.59 |
0.57 |
0.56 |
0.46 |
0.39 |
Long-Term Debt to Equity |
|
0.00 |
0.28 |
0.50 |
0.69 |
0.60 |
0.53 |
0.55 |
0.54 |
0.53 |
0.43 |
0.36 |
Financial Leverage |
|
0.16 |
0.21 |
0.32 |
0.45 |
0.45 |
0.46 |
0.58 |
0.66 |
0.60 |
0.51 |
0.48 |
Leverage Ratio |
|
5.74 |
5.75 |
5.75 |
5.73 |
5.65 |
5.53 |
5.53 |
5.59 |
5.52 |
5.38 |
5.30 |
Compound Leverage Factor |
|
5.74 |
5.75 |
5.75 |
5.73 |
5.65 |
5.53 |
5.53 |
5.59 |
5.52 |
5.38 |
5.30 |
Debt to Total Capital |
|
19.67% |
25.38% |
36.05% |
42.91% |
39.29% |
36.30% |
36.94% |
36.21% |
35.93% |
31.51% |
27.95% |
Short-Term Debt to Total Capital |
|
19.67% |
4.77% |
4.12% |
3.56% |
2.60% |
2.78% |
2.32% |
2.05% |
1.99% |
2.04% |
2.07% |
Long-Term Debt to Total Capital |
|
0.00% |
20.61% |
31.93% |
39.35% |
36.69% |
33.52% |
34.62% |
34.16% |
33.94% |
29.46% |
25.88% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
80.33% |
74.62% |
63.95% |
57.09% |
60.71% |
63.70% |
63.06% |
63.79% |
64.07% |
68.49% |
72.05% |
Debt to EBITDA |
|
2.21 |
3.09 |
5.17 |
7.70 |
7.03 |
6.80 |
7.23 |
6.82 |
6.60 |
5.11 |
4.20 |
Net Debt to EBITDA |
|
1.39 |
2.51 |
4.62 |
7.12 |
6.24 |
6.03 |
5.34 |
4.33 |
3.07 |
2.16 |
1.76 |
Long-Term Debt to EBITDA |
|
0.00 |
2.51 |
4.58 |
7.06 |
6.56 |
6.28 |
6.78 |
6.43 |
6.23 |
4.77 |
3.88 |
Debt to NOPAT |
|
3.15 |
4.34 |
7.21 |
10.79 |
9.86 |
9.62 |
10.27 |
9.62 |
9.28 |
7.14 |
5.84 |
Net Debt to NOPAT |
|
1.98 |
3.53 |
6.44 |
9.97 |
8.75 |
8.53 |
7.59 |
6.11 |
4.31 |
3.02 |
2.45 |
Long-Term Debt to NOPAT |
|
0.00 |
3.53 |
6.39 |
9.90 |
9.20 |
8.88 |
9.63 |
9.08 |
8.77 |
6.68 |
5.41 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-1,309 |
-1,964 |
-3,468 |
-4,815 |
-3,240 |
-2,041 |
-617 |
900 |
221 |
383 |
963 |
Operating Cash Flow to CapEx |
|
3,473.32% |
-5.85% |
1,758.34% |
2,419.30% |
2,169.04% |
602.85% |
2,608.57% |
4,602.34% |
6,201.04% |
-4,267.97% |
2,518.70% |
Free Cash Flow to Firm to Interest Expense |
|
-69.34 |
-37.45 |
-41.37 |
-38.83 |
-23.01 |
-14.63 |
-4.30 |
5.84 |
1.41 |
2.68 |
7.56 |
Operating Cash Flow to Interest Expense |
|
10.16 |
-0.01 |
2.14 |
1.57 |
1.73 |
0.20 |
1.30 |
1.40 |
1.76 |
-1.44 |
1.40 |
Operating Cash Flow Less CapEx to Interest Expense |
|
9.87 |
-0.16 |
2.02 |
1.51 |
1.65 |
0.17 |
1.25 |
1.37 |
1.73 |
-1.47 |
1.34 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
3.45 |
3.49 |
3.40 |
3.27 |
3.20 |
3.13 |
3.08 |
3.05 |
3.11 |
3.22 |
3.28 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
8,231 |
8,978 |
10,538 |
12,205 |
11,583 |
11,114 |
11,266 |
11,417 |
11,490 |
10,860 |
10,433 |
Invested Capital Turnover |
|
0.15 |
0.15 |
0.13 |
0.12 |
0.11 |
0.11 |
0.10 |
0.10 |
0.10 |
0.11 |
0.11 |
Increase / (Decrease) in Invested Capital |
|
1,445 |
2,102 |
3,593 |
4,902 |
3,352 |
2,136 |
728 |
-788 |
-93 |
-253 |
-833 |
Enterprise Value (EV) |
|
6,727 |
8,040 |
8,757 |
9,971 |
8,977 |
9,713 |
9,168 |
8,491 |
8,784 |
8,628 |
8,020 |
Market Capitalization |
|
5,710 |
6,186 |
5,363 |
5,131 |
4,939 |
6,137 |
6,093 |
5,866 |
6,865 |
7,178 |
6,799 |
Book Value per Share |
|
$72.49 |
$73.37 |
$73.81 |
$73.91 |
$75.04 |
$75.54 |
$75.96 |
$75.92 |
$77.27 |
$78.08 |
$78.91 |
Tangible Book Value per Share |
|
$36.47 |
$37.42 |
$37.88 |
$37.26 |
$38.08 |
$38.62 |
$39.00 |
$38.62 |
$39.75 |
$40.62 |
$41.48 |
Total Capital |
|
8,231 |
8,978 |
10,538 |
12,205 |
11,583 |
11,114 |
11,266 |
11,417 |
11,490 |
10,860 |
10,433 |
Total Debt |
|
1,619 |
2,278 |
3,799 |
5,237 |
4,551 |
4,034 |
4,162 |
4,134 |
4,129 |
3,422 |
2,916 |
Total Long-Term Debt |
|
0.00 |
1,850 |
3,365 |
4,803 |
4,250 |
3,725 |
3,900 |
3,900 |
3,900 |
3,200 |
2,700 |
Net Debt |
|
1,017 |
1,854 |
3,394 |
4,840 |
4,038 |
3,576 |
3,075 |
2,626 |
1,919 |
1,449 |
1,221 |
Capital Expenditures (CapEx) |
|
5.52 |
8.17 |
10 |
8.06 |
11 |
4.64 |
7.18 |
4.70 |
4.43 |
4.82 |
7.07 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
1,619 |
2,278 |
3,799 |
5,237 |
4,551 |
4,034 |
4,162 |
4,134 |
4,129 |
3,422 |
2,916 |
Total Depreciation and Amortization (D&A) |
|
17 |
16 |
14 |
15 |
15 |
15 |
14 |
15 |
14 |
15 |
13 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.49 |
$1.51 |
$1.37 |
$0.94 |
$1.20 |
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
Adjusted Weighted Average Basic Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Adjusted Diluted Earnings per Share |
|
$1.49 |
$1.51 |
$1.37 |
$0.94 |
$1.20 |
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
91.31M |
91.31M |
94.28M |
93.72M |
93.71M |
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
136 |
138 |
125 |
97 |
113 |
96 |
110 |
115 |
127 |
130 |
130 |
Normalized NOPAT Margin |
|
45.98% |
46.99% |
44.50% |
35.11% |
40.64% |
34.98% |
39.85% |
37.74% |
42.05% |
42.29% |
42.46% |
Pre Tax Income Margin |
|
58.62% |
59.42% |
56.34% |
40.46% |
51.25% |
44.37% |
50.98% |
46.88% |
53.65% |
53.99% |
54.25% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
9.17 |
3.33 |
1.89 |
0.90 |
1.01 |
0.87 |
0.98 |
0.93 |
1.04 |
1.16 |
1.31 |
NOPAT to Interest Expense |
|
7.20 |
2.63 |
1.49 |
0.70 |
0.80 |
0.68 |
0.77 |
0.72 |
0.81 |
0.91 |
1.02 |
EBIT Less CapEx to Interest Expense |
|
8.88 |
3.17 |
1.77 |
0.84 |
0.93 |
0.84 |
0.93 |
0.90 |
1.01 |
1.13 |
1.25 |
NOPAT Less CapEx to Interest Expense |
|
6.90 |
2.47 |
1.37 |
0.64 |
0.72 |
0.65 |
0.72 |
0.69 |
0.79 |
0.87 |
0.97 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
37.17% |
36.82% |
37.07% |
41.07% |
44.06% |
49.06% |
51.36% |
48.82% |
47.57% |
44.72% |
43.52% |
Augmented Payout Ratio |
|
49.97% |
49.35% |
56.76% |
55.96% |
59.71% |
66.29% |
68.51% |
66.22% |
64.38% |
60.31% |
51.43% |
Key Financial Trends
Prosperity Bancshares (NYSE: PB) has shown consistent growth and stable financial performance over the past several years through Q1 2025. Reviewing key trends across the Income Statement, Cash Flow Statement, and Balance Sheet reveals the following:
- Net Interest Income has remained strong, reaching $265.4 million in Q1 2025, with loans and leases interest income at over $319 million, indicating solid core banking revenue.
- Total Non-Interest Income for Q1 2025 was $41.3 million, slightly higher than prior quarters, supported by steady trust fees and service charges.
- Net Income attributable to common shareholders reached $130.2 million in Q1 2025, up marginally from $130.1 million in Q4 2024, showing strong profitability continuity.
- Return on equity remains healthy, with total common equity increasing to about $7.5 billion in Q1 2025, up from $7.36 billion in Q3 2024, reflecting retained earnings growth and capital strength.
- Prosperity Bancshares maintains a sizable loan portfolio of approximately $21.6 billion net of allowances as of Q1 2025, showing continued lending activity and asset growth.
- Provision for credit losses remained at zero in Q1 2025, consistent with prior quarters, suggesting stable credit quality without recent deterioration.
- Cash and cash equivalents fluctuated between $1.1 billion (Q1 2023) up to $2.2 billion (Q3 2024), settling at $1.7 billion in Q1 2025, reflecting liquidity management operations aligned with growth.
- Total interest expense increased notably in Q1 2025 to $127.4 million from $114 million in early 2023, driven by higher other interest expenses, which could pressure net interest margins going forward.
- Net cash used in financing activities was $915.6 million in Q1 2025, significantly higher than prior quarters, signaling heavy debt repayments ($500 million) and dividend payments, possibly reducing financial flexibility.
- Deposits decreased by $354.5 million in Q1 2025 compared to increases in previous quarters, which might indicate shifts in funding sources or customer behavior risk.
Summary: Prosperity Bancshares exhibits solid earnings growth, healthy loan portfolio expansion, and stable credit quality through early 2025. The company generates strong net interest income and non-interest income, supporting consistent profitability and equity growth. However, rising interest expenses and recent significant repayments of debt and deposits outflows warrant attention as they could impact liquidity and net interest margins. Investors should monitor interest rate environments and funding costs that may influence future earnings trends.
09/13/25 11:02 AM ETAI Generated. May Contain Errors.