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 generally steady financial performance and growth over the last several quarters ending Q1 2025. Here are the key trends identified from the analysis of their quarterly income statements, cash flow statements, and balance sheets over the last four years:
- Consistent Net Income Growth: Net income has steadily increased from $95.5M in Q4 2023 to $130.2M in Q1 2025, reflecting improving profitability.
- Stable Earnings Per Share (EPS): Basic and diluted EPS rose from about $1.00 in early 2023 to $1.37 reported in Q1 2025, indicating earnings growth on a per-share basis.
- Net Interest Income Steady: Net interest income, a key revenue source, remains robust around $238M to $267M per quarter, supporting overall revenue generation.
- Effective Cost Control: Non-interest expenses remain moderate with a slight upward trend but controlled relative to revenues, helping maintain healthy operating margins.
- Strong Operating Cash Flow: Cash from operating activities shows strong positive cash generation ($178M in Q1 2025), highlighting efficient core operations conversion to cash.
- Healthy Capital Position: Total equity increased to about $7.5 billion as of Q1 2025 from around $6.6 billion in early 2022, signaling a growing capital base.
- Loan Portfolio Size Fluctuations: Loans and leases net of allowance have fluctuated but generally grown from $19B in Q1 2023 to about $21.6B in Q1 2025, reflecting business expansion.
- Interest Expense Trends: Total interest expense rose somewhat (from about $52M in Q4 2022 to $127M in Q1 2025) due to increased deposits and borrowing costs, which compresses net interest margin slightly.
- Decline in Deposits in Recent Quarters: Net decrease in deposits in Q1 2025 (-$354M) compared to increases in prior quarters could pressure funding liquidity.
- Higher Debt Repayments: Several quarters show significant debt repayments (e.g., $500M in Q1 2025), which may limit available cash for operations or investments in the near term.
Summary: Prosperity Bancshares has demonstrated steady earnings growth and strong cash flow generation, supported by a stable net interest income stream and effective cost management. Their growing equity base and loan portfolio expansion indicate a healthy franchise. However, recent declines in deposits and increased debt repayments could pose challenges for liquidity and capital deployment. Overall, the company’s financials suggest continued solid performance with some potential near-term headwinds to monitor.
09/03/25 08:49 AM ETAI Generated. May Contain Errors.