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 over the last four years, with key trends from Q1 2022 through Q1 2025 analyzed below.
Positive Trends:
- Net interest income has shown consistent growth, reaching $265M in Q1 2025 from $243M in Q1 2022, reflecting strong core banking revenue generation.
- Non-interest income has gradually increased to $41.3M in Q1 2025 from $38.3M in Q1 2022, supported by stable trust fees, service charges, and other income streams.
- Net income attributable to common shareholders has risen moderately, with quarterly net income of $130M in Q1 2025 compared to $124.7M in Q1 2022.
- Return on equity remains solid with growing retained earnings, now over $3.6B as of Q1 2025, up from around $3.1B in early 2022.
- Quarterly basic earnings per share have increased from $1.37 in Q1 2022 to $1.37 in Q1 2025, with diluted EPS showing a similar upward trend.
- Total assets have grown to approximately $38.8B in Q1 2025 from about $37.8B in Q1 2022, signaling balance sheet expansion.
- Loan portfolio net of allowance has increased over time, standing at $21.6B in Q1 2025 up from $19.1B in Q1 2022, demonstrating lending growth.
- Capital base remains strong with total common equity rising to approximately $7.5B by Q1 2025, supporting balance sheet growth and risk buffer.
- Operating cash flow remains strong and positive, with $178M generated in Q1 2025, indicating healthy core cash generating capability.
Neutral Trends:
- Provision for credit losses has generally been low or zero in recent quarters, indicating stable asset quality but with limited credit loss reserves reflecting current economic environment.
- Investment securities interest income and income from trading securities contribute steadily but have fluctuated somewhat quarter to quarter without a clear upward or downward trend.
- Dividends paid remain consistent around $50-55M per quarter, reflecting stable shareholder return policy.
- The number of shares outstanding has remained relatively constant at approximately 95 million shares, maintaining earnings per share dilution stability.
- Other non-interest expenses including salaries, occupancy, depreciation, and amortization expense have increased modestly aligned with overall revenue growth.
Negative Trends:
- Net interest income declined slightly in Q1 2025 compared to late 2024 quarters, indicating some pressure on core interest margins.
- Other interest expenses, particularly related to deposits and borrowings, have increased, pushing total interest expense higher and compressing net interest margin slightly.
- Provision for credit losses was zero in recent quarters but showed a small charge of about $9M in mid-2024, highlighting potential credit risk emergence.
- Net cash from financing activities has been negative, mainly due to debt repayment and dividend payments, which while predictable may limit liquidity flexibility.
- Total liabilities have increased at a faster pace than equity, suggesting growing leverage which may increase financial risk over time.
Summary: Prosperity Bancshares has exhibited stable revenue growth, solid profitability, and a strong capital base over the last several years while steadily growing its loan portfolio. Operational cash flow generation remains healthy, supporting financial stability. There is some pressure from increasing interest expenses and cautious credit risk provisions. Overall, the bank maintains a strong financial position suitable for moderate growth, with risks primarily related to interest rate environment and balance sheet leverage.
08/09/25 01:06 AMAI Generated. May Contain Errors.