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 demonstrated steady financial performance and strong operational metrics over the last four years, as seen from their quarterly financial statements.
Revenue and Income Trends:
- Net interest income has shown a gradual increase, with Q1 2025 recording $265.4 million compared to Q1 2024’s $238.2 million, indicating growth in core lending and interest-earning assets.
- Total non-interest income increased slightly to $41.3 million in Q1 2025 from $38.9 million in Q1 2024, benefiting from higher service charges and trust fees.
- Net income attributable to common shareholders rose to $130.2 million in Q1 2025 from $110.4 million in Q1 2024, reflecting improved profitability.
- Earnings per share (EPS) increased modestly to $1.37 in Q1 2025 from $1.18 in Q1 2024, supported by stable share count.
- Provision for credit losses remains at $0 in Q1 2025, indicating strong asset quality and minimal loan loss concerns.
Expense and Operating Metrics:
- Salaries and employee benefits expense rose slightly from $85.8 million in Q1 2024 to $89.5 million in Q1 2025, potentially reflecting wage inflation or increased staffing.
- Total non-interest expense remained relatively stable, with a slight decrease to $140.3 million in Q1 2025 versus $135.8 million in Q1 2024, suggesting effective cost management despite growing operations.
- Depreciation and amortization expenses saw moderate increases consistent with asset base growth.
Balance Sheet Highlights:
- Total assets grew to $38.8 billion as of Q1 2025, compared to $38.3 billion in Q1 2024, driven by expansion in loans and leases, which rose to $21.9 billion (gross) from $19.3 billion.
- Allowance for loan and lease losses increased proportionally to $349.1 million, preserving prudent reserve coverage.
- Cash and due from banks fluctuated, with a decline from $1.5 billion at Q2 2024 to $1.7 billion at Q1 2025 after a dip in Q4 2024, which may impact liquidity levels.
- Long-term debt remains consistent at approximately $2.7 billion as of Q1 2025, down from near $3.9 billion in late 2024, indicating active debt management.
- Total common equity increased slightly to $7.5 billion in Q1 2025, up from $7.1 billion in Q1 2024, supporting stable capital ratios.
Cash Flow Summary:
- Consistent positive net cash from operating activities was reported, with $178.2 million in Q1 2025, up from $187 million in Q1 2024, reflecting strong earnings quality and working capital management.
- Investing activities show heavy ongoing purchases of investment securities, matched with sales/maturities, securing liquidity.
- Significant cash outflows from financing activities totaled $915.6 million in Q1 2025, mainly driven by debt repayment and dividend payments, which might pressure cash reserves short term.
- Overall, cash and cash equivalents experienced decreases quarter-over-quarter given the financing outflows.
Summary:
Prosperity Bancshares exhibits robust profitability with growing net interest income and stable non-interest income streams. Asset quality remains solid with no new loan loss provisions. Strong capital and equity growth underpin financial stability. The company is actively managing its debt and returning capital to shareholders through dividends. However, significant financing outflows impacting cash balances should be monitored. Operational expenses are well controlled relative to revenue growth. Overall, Prosperity Bancshares shows healthy financial trends suitable for investors seeking a well-capitalized regional bank with consistent earnings growth.
10/05/25 08:39 PM ETAI Generated. May Contain Errors.