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 |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
95 |
110 |
112 |
118 |
130 |
130 |
135 |
138 |
140 |
116 |
169 |
| Consolidated Net Income / (Loss) |
|
95 |
110 |
112 |
127 |
130 |
130 |
135 |
138 |
140 |
116 |
169 |
| Net Income / (Loss) Continuing Operations |
|
95 |
110 |
112 |
118 |
130 |
130 |
135 |
138 |
140 |
116 |
169 |
| Total Pre-Tax Income |
|
121 |
141 |
143 |
162 |
166 |
166 |
172 |
176 |
179 |
150 |
215 |
| Total Revenue |
|
274 |
277 |
305 |
303 |
308 |
307 |
311 |
315 |
318 |
368 |
391 |
| Net Interest Income / (Expense) |
|
237 |
238 |
259 |
262 |
268 |
265 |
268 |
273 |
275 |
321 |
331 |
| Total Interest Income |
|
376 |
382 |
413 |
418 |
411 |
393 |
393 |
398 |
387 |
442 |
459 |
| Loans and Leases Interest Income |
|
307 |
306 |
336 |
337 |
333 |
319 |
325 |
329 |
322 |
362 |
370 |
| Investment Securities Interest Income |
|
68 |
66 |
62 |
60 |
58 |
58 |
58 |
58 |
57 |
71 |
81 |
| Federal Funds Sold and Securities Borrowed Interest Income |
|
1.79 |
9.27 |
14 |
21 |
20 |
16 |
9.44 |
10 |
8.36 |
9.49 |
8.72 |
| Total Interest Expense |
|
139 |
144 |
154 |
156 |
143 |
127 |
125 |
125 |
112 |
121 |
129 |
| Deposits Interest Expense |
|
85 |
93 |
106 |
108 |
102 |
96 |
94 |
96 |
95 |
104 |
107 |
| Long-Term Debt Interest Expense |
|
- |
- |
0.00 |
0.00 |
- |
0.00 |
0.00 |
0.00 |
- |
0.70 |
0.75 |
| Federal Funds Purchased and Securities Sold Interest Expense |
|
2.09 |
2.03 |
1.76 |
1.66 |
1.50 |
1.33 |
1.15 |
1.09 |
1.04 |
0.90 |
1.02 |
| Other Interest Expense |
|
52 |
49 |
46 |
47 |
40 |
30 |
30 |
28 |
16 |
15 |
20 |
| Total Non-Interest Income |
|
37 |
39 |
46 |
41 |
40 |
41 |
43 |
41 |
43 |
46 |
61 |
| Trust Fees by Commissions |
|
4.42 |
5.39 |
4.79 |
4.74 |
4.58 |
4.86 |
5.08 |
4.85 |
5.23 |
6.49 |
6.42 |
| Service Charges on Deposit Accounts |
|
6.32 |
6.41 |
6.44 |
6.66 |
6.99 |
7.41 |
7.65 |
7.32 |
7.62 |
8.68 |
9.24 |
| Other Service Charges |
|
25 |
26 |
24 |
25 |
27 |
28 |
28 |
28 |
29 |
30 |
35 |
| Net Realized & Unrealized Capital Gains on Investments |
|
-0.08 |
0.26 |
9.82 |
3.40 |
0.58 |
-0.24 |
1.41 |
0.00 |
0.04 |
0.32 |
8.19 |
| Other Non-Interest Income |
|
0.54 |
0.61 |
0.75 |
0.96 |
0.78 |
1.01 |
0.97 |
0.93 |
0.95 |
1.28 |
1.36 |
| Provision for Credit Losses |
|
- |
0.00 |
9.07 |
9.10 |
- |
0.00 |
0.00 |
0.00 |
- |
0.00 |
0.00 |
| Total Non-Interest Expense |
|
152 |
136 |
153 |
140 |
142 |
140 |
139 |
139 |
139 |
217 |
176 |
| Salaries and Employee Benefits |
|
80 |
86 |
90 |
88 |
89 |
89 |
87 |
88 |
88 |
109 |
111 |
| Net Occupancy & Equipment Expense |
|
9.09 |
8.62 |
8.92 |
9.29 |
8.96 |
9.15 |
9.17 |
9.40 |
9.38 |
11 |
11 |
| Other Operating Expenses |
|
43 |
23 |
29 |
22 |
23 |
22 |
22 |
20 |
19 |
26 |
26 |
| Depreciation Expense |
|
4.61 |
4.69 |
4.84 |
4.74 |
4.79 |
4.77 |
4.78 |
4.97 |
5.16 |
5.55 |
5.80 |
| Amortization Expense |
|
14 |
14 |
16 |
16 |
16 |
15 |
16 |
16 |
16 |
23 |
22 |
| Restructuring Charge |
|
0.28 |
- |
4.38 |
0.06 |
- |
0.00 |
0.00 |
0.06 |
- |
43 |
0.76 |
| Income Tax Expense |
|
26 |
31 |
31 |
35 |
36 |
36 |
37 |
38 |
39 |
34 |
46 |
| Basic Earnings per Share |
|
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
$1.42 |
$1.45 |
$1.48 |
$1.16 |
$1.67 |
| Weighted Average Basic Shares Outstanding |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
| Diluted Earnings per Share |
|
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
$1.42 |
$1.45 |
$1.48 |
$1.16 |
$1.67 |
| Weighted Average Diluted Shares Outstanding |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
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 |
2025 |
| Net Change in Cash & Equivalents |
|
-114 |
-127 |
-45 |
19 |
163 |
769 |
1,204 |
-2,124 |
34 |
1,514 |
-225 |
| Net Cash From Operating Activities |
|
311 |
334 |
391 |
320 |
403 |
582 |
695 |
507 |
646 |
473 |
550 |
| Net Cash From Continuing Operating Activities |
|
311 |
334 |
391 |
320 |
403 |
582 |
695 |
507 |
646 |
473 |
550 |
| Net Income / (Loss) Continuing Operations |
|
287 |
274 |
272 |
322 |
333 |
529 |
519 |
525 |
419 |
479 |
543 |
| Consolidated Net Income / (Loss) |
|
287 |
274 |
272 |
322 |
333 |
529 |
519 |
525 |
419 |
479 |
543 |
| Provision For Loan Losses |
|
7.56 |
24 |
14 |
16 |
4.30 |
20 |
0.00 |
0.00 |
19 |
9.07 |
0.00 |
| Depreciation Expense |
|
22 |
22 |
19 |
18 |
20 |
31 |
30 |
28 |
31 |
35 |
34 |
| Amortization Expense |
|
58 |
43 |
39 |
32 |
31 |
39 |
58 |
43 |
28 |
23 |
17 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-25 |
-19 |
-9.96 |
-1.97 |
-38 |
-22 |
28 |
12 |
1.95 |
-22 |
-11 |
| Changes in Operating Assets and Liabilities, net |
|
-39 |
-11 |
56 |
-66 |
53 |
-15 |
59 |
-101 |
148 |
-51 |
-34 |
| Net Cash From Investing Activities |
|
-651 |
41 |
-373 |
-119 |
1,260 |
-1,274 |
-2,725 |
-1,964 |
1,094 |
1,982 |
774 |
| Net Cash From Continuing Investing Activities |
|
-651 |
41 |
-373 |
-119 |
1,260 |
-1,274 |
-2,725 |
-1,964 |
1,094 |
1,982 |
774 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-9.36 |
-5.01 |
-11 |
-15 |
-19 |
-22 |
-19 |
-42 |
-34 |
-21 |
-33 |
| Purchase of Investment Securities |
|
-10,284 |
-10,074 |
-9,388 |
-9,981 |
-13,917 |
-60,777 |
-59,105 |
-41,541 |
-29,275 |
-37,793 |
-41,386 |
| 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 |
42,193 |
| Net Cash From Financing Activities |
|
226 |
-502 |
-63 |
-182 |
-1,500 |
1,461 |
3,235 |
-667 |
-1,706 |
-940 |
-1,548 |
| Net Cash From Continuing Financing Activities |
|
226 |
-502 |
-63 |
-182 |
-1,500 |
1,461 |
3,235 |
-667 |
-1,706 |
-940 |
-1,548 |
| Net Change in Deposits |
|
-11 |
-863 |
514 |
-565 |
510 |
3,167 |
3,412 |
-2,238 |
-2,931 |
-39 |
101 |
| Issuance of Debt |
|
485 |
500 |
- |
530 |
- |
-1,300 |
0.00 |
1,850 |
1,675 |
-525 |
-1,250 |
| Repayment of Debt |
|
-170 |
-7.84 |
-0.56 |
-4.10 |
-1,822 |
-129 |
0.00 |
0.00 |
-3.16 |
0.00 |
0.00 |
| Repurchase of Common Equity |
|
- |
-51 |
- |
0.00 |
-94 |
-115 |
-52 |
-66 |
-72 |
-75 |
-157 |
| Payment of Dividends |
|
-78 |
-86 |
-96 |
-104 |
-129 |
-174 |
-184 |
-193 |
-206 |
-214 |
-221 |
| Other Financing Activities, Net |
|
0.02 |
5.96 |
-481 |
-39 |
35 |
12 |
59 |
-20 |
-169 |
-87 |
-21 |
| Cash Interest Paid |
|
44 |
43 |
60 |
96 |
139 |
118 |
56 |
86 |
459 |
590 |
500 |
| Cash Income Taxes Paid |
|
103 |
122 |
64 |
134 |
82 |
164 |
127 |
131 |
0.00 |
0.00 |
0.00 |
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 |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Change in Cash & Equivalents |
|
-54 |
628 |
421 |
702 |
-238 |
-278 |
-390 |
461 |
-19 |
-200 |
135 |
| Net Cash From Operating Activities |
|
28 |
187 |
216 |
275 |
-206 |
178 |
98 |
195 |
78 |
185 |
162 |
| Net Cash From Continuing Operating Activities |
|
28 |
187 |
216 |
275 |
-206 |
178 |
98 |
195 |
78 |
185 |
162 |
| Net Income / (Loss) Continuing Operations |
|
95 |
110 |
112 |
127 |
130 |
130 |
135 |
138 |
140 |
116 |
169 |
| Consolidated Net Income / (Loss) |
|
95 |
110 |
112 |
127 |
130 |
130 |
135 |
138 |
140 |
116 |
169 |
| Depreciation Expense |
|
8.17 |
7.92 |
8.99 |
8.89 |
8.92 |
8.42 |
8.39 |
8.57 |
8.74 |
11 |
11 |
| Amortization Expense |
|
6.43 |
5.82 |
5.83 |
5.57 |
5.61 |
5.03 |
4.93 |
2.88 |
4.67 |
3.83 |
3.79 |
| Non-Cash Adjustments to Reconcile Net Income |
|
12 |
0.38 |
-17 |
-1.48 |
-3.59 |
0.88 |
1.48 |
-6.39 |
-6.56 |
-9.19 |
-7.24 |
| Changes in Operating Assets and Liabilities, net |
|
-94 |
63 |
98 |
134 |
-347 |
34 |
-52 |
52 |
-68 |
63 |
-14 |
| Net Cash From Investing Activities |
|
620 |
405 |
808 |
331 |
437 |
460 |
-47 |
530 |
-170 |
-269 |
-138 |
| Net Cash From Continuing Investing Activities |
|
620 |
405 |
808 |
331 |
437 |
460 |
-47 |
530 |
-170 |
-269 |
-138 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-4.64 |
-7.18 |
-4.70 |
-4.43 |
-4.82 |
-7.07 |
-6.42 |
-9.15 |
-9.89 |
-7.01 |
-4.57 |
| Purchase of Investment Securities |
|
-7,549 |
-8,591 |
-9,047 |
-11,601 |
-8,554 |
-6,779 |
-11,258 |
-12,338 |
-11,153 |
-10,889 |
-11,697 |
| Sale and/or Maturity of Investments |
|
8,174 |
9,004 |
9,860 |
11,936 |
8,995 |
7,246 |
11,218 |
12,878 |
10,994 |
10,149 |
11,563 |
| Net Cash From Financing Activities |
|
-702 |
36 |
-604 |
96 |
-468 |
-916 |
-441 |
-264 |
73 |
-115 |
111 |
| Net Cash From Continuing Financing Activities |
|
-702 |
36 |
-604 |
96 |
-468 |
-916 |
-441 |
-264 |
73 |
-115 |
111 |
| Net Change in Deposits |
|
-133 |
-4.19 |
-483 |
155 |
294 |
-355 |
-553 |
309 |
700 |
-222 |
-33 |
| Issuance of Debt |
|
-525 |
- |
- |
- |
-700 |
-500 |
- |
-500 |
-450 |
250 |
200 |
| Repayment of Debt |
|
- |
175 |
-76 |
76 |
- |
0.00 |
500 |
- |
- |
0.00 |
-6.19 |
| Repurchase of Common Equity |
|
- |
-35 |
-39 |
- |
- |
0.00 |
- |
-20 |
-137 |
-57 |
-14 |
| Payment of Dividends |
|
-52 |
-52 |
-53 |
-53 |
-55 |
-55 |
-55 |
-55 |
-56 |
-61 |
-60 |
| Other Financing Activities, Net |
|
8.56 |
-48 |
- |
- |
-6.98 |
-5.83 |
-33 |
2.23 |
15 |
-25 |
23 |
| Cash Interest Paid |
|
184 |
103 |
100 |
112 |
275 |
135 |
126 |
125 |
113 |
125 |
132 |
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 |
2025 |
| Total Assets |
|
22,037 |
22,331 |
11,845 |
22,693 |
32,186 |
34,059 |
37,834 |
37,690 |
38,548 |
39,567 |
38,463 |
| Cash and Due from Banks |
|
563 |
436 |
- |
411 |
574 |
1,343 |
2,548 |
424 |
458 |
1,972 |
1,748 |
| Federal Funds Sold |
|
1.42 |
1.18 |
- |
0.55 |
0.52 |
0.55 |
0.24 |
0.30 |
0.26 |
0.29 |
0.22 |
| Trading Account Securities |
|
9,502 |
9,726 |
- |
9,409 |
8,570 |
8,543 |
12,819 |
14,476 |
12,804 |
11,094 |
10,613 |
| 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 |
21,457 |
| Loans and Leases |
|
9,439 |
9,622 |
9,989 |
10,370 |
17,212 |
20,247 |
18,616 |
18,839 |
21,175 |
22,139 |
21,791 |
| Allowance for Loan and Lease Losses |
|
81 |
85 |
84 |
86 |
87 |
316 |
286 |
282 |
332 |
352 |
334 |
| Loans Held for Sale |
|
- |
- |
- |
- |
81 |
- |
18,330 |
0.55 |
5.73 |
11 |
14 |
| Premises and Equipment, Net |
|
268 |
262 |
- |
257 |
327 |
324 |
320 |
339 |
370 |
371 |
383 |
| Goodwill |
|
1,869 |
1,901 |
1,901 |
1,901 |
3,224 |
3,232 |
3,232 |
3,232 |
3,396 |
3,503 |
3,503 |
| Intangible Assets |
|
49 |
46 |
39 |
33 |
86 |
73 |
62 |
51 |
64 |
66 |
52 |
| Other Assets |
|
427 |
422 |
- |
399 |
2,200 |
614 |
524 |
609 |
607 |
762 |
692 |
| Total Liabilities & Shareholders' Equity |
|
22,037 |
22,331 |
-0.11 |
22,693 |
32,186 |
34,059 |
37,834 |
37,690 |
38,548 |
39,567 |
38,463 |
| Total Liabilities |
|
18,574 |
18,689 |
0.00 |
18,641 |
26,215 |
27,929 |
31,407 |
30,990 |
31,469 |
32,128 |
30,847 |
| Non-Interest Bearing Deposits |
|
5,137 |
5,191 |
- |
5,666 |
7,764 |
9,151 |
10,750 |
10,915 |
9,777 |
9,798 |
9,468 |
| Interest Bearing Deposits |
|
12,545 |
12,116 |
- |
11,590 |
16,436 |
18,209 |
20,022 |
17,618 |
17,403 |
18,583 |
19,015 |
| Short-Term Debt |
|
807 |
1,311 |
- |
1,316 |
377 |
390 |
448 |
428 |
309 |
222 |
201 |
| Accrued Interest Payable |
|
1.90 |
2.32 |
- |
4.20 |
8.59 |
3.46 |
1.26 |
4.50 |
35 |
42 |
31 |
| Long-Term Debt |
|
- |
- |
- |
- |
1,430 |
0.00 |
0.00 |
1,850 |
3,725 |
3,200 |
1,950 |
| Other Long-Term Liabilities |
|
85 |
68 |
- |
64 |
200 |
175 |
156 |
174 |
220 |
283 |
183 |
| Commitments & Contingencies |
|
0.00 |
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 |
7,616 |
| Total Preferred & Common Equity |
|
3,463 |
3,642 |
3,824 |
4,053 |
5,971 |
6,131 |
6,427 |
6,699 |
7,079 |
7,438 |
7,616 |
| Preferred Stock |
|
0.00 |
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 |
7,616 |
| Common Stock |
|
2,106 |
2,098 |
- |
2,115 |
3,829 |
3,727 |
3,687 |
3,633 |
3,798 |
3,892 |
3,747 |
| Retained Earnings |
|
1,355 |
1,543 |
- |
1,937 |
2,141 |
2,403 |
2,738 |
3,070 |
3,283 |
3,548 |
3,870 |
| 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 |
-0.30 |
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 |
|
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
Q2 2026 |
| Total Assets |
|
37,829 |
39,905 |
39,296 |
38,757 |
39,762 |
40,115 |
38,765 |
38,417 |
38,330 |
43,619 |
43,873 |
| Cash and Due from Banks |
|
405 |
397 |
512 |
1,086 |
1,508 |
2,210 |
1,695 |
1,305 |
1,766 |
1,548 |
1,683 |
| Federal Funds Sold |
|
0.22 |
0.18 |
0.23 |
0.25 |
0.23 |
0.21 |
0.22 |
0.20 |
0.21 |
0.21 |
0.19 |
| Trading Account Securities |
|
14,072 |
13,667 |
13,193 |
12,301 |
11,702 |
11,301 |
10,793 |
10,608 |
10,232 |
11,952 |
12,339 |
| Loans and Leases, Net of Allowance |
|
19,052 |
21,298 |
21,071 |
20,929 |
21,951 |
22,020 |
21,619 |
21,845 |
21,677 |
24,882 |
24,627 |
| Loans and Leases |
|
19,334 |
21,643 |
21,423 |
21,259 |
22,311 |
22,375 |
21,968 |
22,191 |
22,016 |
25,266 |
25,009 |
| Allowance for Loan and Lease Losses |
|
282 |
345 |
351 |
330 |
360 |
354 |
349 |
346 |
340 |
384 |
383 |
| Loans Held for Sale |
|
19,052 |
11 |
10 |
6.38 |
9.95 |
6.11 |
9.76 |
6.00 |
11 |
22 |
19 |
| Premises and Equipment, Net |
|
345 |
365 |
370 |
372 |
377 |
374 |
373 |
375 |
379 |
430 |
428 |
| Goodwill |
|
3,232 |
3,384 |
3,396 |
3,396 |
3,504 |
3,504 |
3,503 |
3,503 |
3,503 |
3,822 |
3,824 |
| Intangible Assets |
|
49 |
71 |
68 |
61 |
74 |
70 |
62 |
59 |
55 |
111 |
106 |
| Other Assets |
|
674 |
712 |
675 |
604 |
636 |
630 |
710 |
716 |
706 |
852 |
847 |
| Total Liabilities & Shareholders' Equity |
|
37,829 |
39,905 |
39,296 |
38,757 |
39,762 |
40,115 |
38,765 |
38,417 |
38,330 |
43,619 |
43,873 |
| Total Liabilities |
|
31,090 |
32,937 |
32,263 |
31,652 |
32,479 |
32,754 |
31,248 |
30,818 |
30,666 |
35,411 |
35,567 |
| Non-Interest Bearing Deposits |
|
10,108 |
10,365 |
10,282 |
9,527 |
9,707 |
9,811 |
9,676 |
9,427 |
9,522 |
10,581 |
10,740 |
| Interest Bearing Deposits |
|
16,896 |
17,016 |
17,031 |
17,649 |
18,227 |
18,276 |
18,351 |
18,047 |
18,260 |
22,052 |
21,860 |
| Short-Term Debt |
|
434 |
434 |
301 |
262 |
234 |
229 |
216 |
184 |
186 |
176 |
200 |
| Accrued Interest Payable |
|
8.37 |
29 |
80 |
76 |
130 |
174 |
34 |
33 |
33 |
30 |
27 |
| Long-Term Debt |
|
3,365 |
4,803 |
4,250 |
3,900 |
3,900 |
3,900 |
2,700 |
2,900 |
2,400 |
2,200 |
2,470 |
| Other Long-Term Liabilities |
|
248 |
290 |
320 |
239 |
283 |
363 |
271 |
228 |
265 |
296 |
271 |
| Commitments & Contingencies |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Equity & Noncontrolling Interests |
|
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
7,600 |
7,665 |
8,208 |
8,305 |
| Total Preferred & Common Equity |
|
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
7,600 |
7,665 |
8,208 |
8,305 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
6,739 |
6,968 |
7,033 |
7,105 |
7,283 |
7,361 |
7,517 |
7,600 |
7,665 |
8,208 |
8,305 |
| Common Stock |
|
3,598 |
3,791 |
3,794 |
3,766 |
3,886 |
3,889 |
3,895 |
3,898 |
3,881 |
4,283 |
4,272 |
| Retained Earnings |
|
3,144 |
3,180 |
3,240 |
3,341 |
3,399 |
3,473 |
3,623 |
3,703 |
3,786 |
3,925 |
4,033 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-3.48 |
-2.68 |
-1.93 |
-2.33 |
-1.59 |
-0.85 |
-1.09 |
-1.31 |
-1.57 |
0.04 |
-0.25 |
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 |
2025 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| 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 |
$5.72 |
| 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 |
101.58M |
| 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 |
$5.72 |
| 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 |
101.58M |
| 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 |
$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 |
101.58M |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Quarterly Metrics And Ratios for Prosperity Bancshares
This table displays calculated financial ratios and metrics derived from Prosperity Bancshares' official financial filings.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| DEI Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
101,581,522.00 |
100,854,689.00 |
| DEI Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
101,581,522.00 |
100,854,689.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.14 |
1.67 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
-6.91% |
-1.64% |
10.37% |
8.81% |
12.45% |
10.67% |
1.94% |
3.92% |
- |
19.87% |
25.93% |
| EBITDA Growth |
|
-28.55% |
-10.36% |
24.48% |
12.21% |
32.82% |
16.01% |
17.60% |
11.72% |
- |
-8.26% |
24.20% |
| EBIT Growth |
|
-30.49% |
-11.00% |
27.87% |
13.91% |
36.82% |
17.78% |
20.48% |
14.79% |
- |
-9.64% |
24.95% |
| NOPAT Growth |
|
-30.75% |
-11.44% |
28.37% |
13.43% |
36.24% |
17.93% |
21.10% |
8.07% |
- |
-10.72% |
24.73% |
| Net Income Growth |
|
-30.75% |
-11.44% |
28.37% |
13.43% |
36.24% |
17.93% |
21.10% |
8.07% |
- |
-10.72% |
24.73% |
| EPS Growth |
|
-33.77% |
-13.87% |
24.47% |
11.67% |
36.00% |
16.10% |
21.37% |
8.21% |
- |
-15.33% |
17.61% |
| Operating Cash Flow Growth |
|
5,946.86% |
4.24% |
11.08% |
12.68% |
-836.53% |
-4.92% |
-54.65% |
-29.06% |
- |
3.89% |
65.45% |
| Free Cash Flow Firm Growth |
|
-3.89% |
82.20% |
118.69% |
106.81% |
118.78% |
256.02% |
-3.43% |
524.40% |
- |
-103.59% |
-114.15% |
| Invested Capital Growth |
|
23.79% |
6.91% |
-6.46% |
-0.81% |
-2.28% |
-7.39% |
-6.43% |
-10.79% |
- |
1.45% |
2.73% |
| Revenue Q/Q Growth |
|
-1.69% |
1.30% |
9.99% |
-0.66% |
1.59% |
-0.30% |
1.31% |
1.28% |
- |
15.70% |
6.43% |
| EBITDA Q/Q Growth |
|
-13.76% |
14.00% |
1.74% |
12.18% |
2.08% |
-0.43% |
3.13% |
1.09% |
- |
-14.27% |
39.61% |
| EBIT Q/Q Growth |
|
-14.89% |
16.38% |
1.14% |
13.70% |
2.22% |
0.19% |
3.46% |
2.27% |
- |
-16.02% |
43.06% |
| NOPAT Q/Q Growth |
|
-14.91% |
15.66% |
1.07% |
14.05% |
2.20% |
0.11% |
3.79% |
1.78% |
- |
-16.90% |
45.00% |
| Net Income Q/Q Growth |
|
-14.91% |
15.66% |
1.07% |
14.05% |
2.20% |
0.11% |
3.79% |
1.78% |
- |
-16.90% |
45.00% |
| EPS Q/Q Growth |
|
-16.67% |
18.00% |
-0.85% |
14.53% |
1.49% |
0.74% |
3.65% |
2.11% |
- |
-21.62% |
43.97% |
| Operating Cash Flow Q/Q Growth |
|
-88.53% |
570.53% |
15.53% |
26.86% |
-174.95% |
186.56% |
-44.90% |
98.44% |
- |
136.29% |
-12.25% |
| Free Cash Flow Firm Q/Q Growth |
|
37.02% |
69.74% |
245.74% |
-75.49% |
73.80% |
151.33% |
-9.79% |
58.46% |
- |
-102.80% |
-255.99% |
| Invested Capital Q/Q Growth |
|
-4.06% |
1.37% |
1.34% |
0.64% |
-5.48% |
-3.93% |
2.40% |
-4.05% |
- |
8.36% |
3.69% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
49.71% |
55.94% |
51.74% |
58.43% |
58.71% |
58.64% |
59.69% |
59.58% |
- |
44.88% |
58.87% |
| EBIT Margin |
|
44.37% |
50.98% |
46.88% |
53.65% |
53.99% |
54.25% |
55.40% |
55.94% |
- |
40.89% |
54.97% |
| Profit (Net Income) Margin |
|
34.90% |
39.85% |
36.62% |
42.04% |
42.29% |
42.46% |
43.50% |
43.71% |
- |
31.63% |
43.09% |
| Tax Burden Percent |
|
78.66% |
78.17% |
78.11% |
78.35% |
78.33% |
78.27% |
78.52% |
78.14% |
- |
77.34% |
78.38% |
| 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 |
|
21.34% |
21.83% |
21.89% |
21.65% |
21.67% |
21.73% |
21.49% |
21.86% |
- |
22.66% |
21.62% |
| Return on Invested Capital (ROIC) |
|
3.86% |
4.04% |
3.51% |
4.22% |
4.59% |
4.78% |
4.83% |
4.99% |
- |
3.94% |
5.54% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
3.86% |
4.04% |
3.51% |
4.22% |
4.59% |
4.78% |
4.83% |
4.99% |
- |
3.94% |
5.54% |
| Return on Net Nonoperating Assets (RNNOA) |
|
1.77% |
2.32% |
2.31% |
2.54% |
2.36% |
2.31% |
2.34% |
2.23% |
- |
1.33% |
2.00% |
| Return on Equity (ROE) |
|
5.62% |
6.36% |
5.83% |
6.77% |
6.95% |
7.10% |
7.18% |
7.21% |
- |
5.27% |
7.54% |
| Cash Return on Invested Capital (CROIC) |
|
-17.09% |
-2.96% |
10.31% |
4.66% |
6.67% |
12.28% |
11.37% |
16.31% |
- |
3.60% |
2.50% |
| Operating Return on Assets (OROA) |
|
1.29% |
1.47% |
1.33% |
1.57% |
1.65% |
1.71% |
1.74% |
1.77% |
- |
1.30% |
1.86% |
| Return on Assets (ROA) |
|
1.02% |
1.15% |
1.04% |
1.23% |
1.29% |
1.34% |
1.37% |
1.38% |
- |
1.01% |
1.46% |
| Return on Common Equity (ROCE) |
|
5.62% |
6.36% |
5.83% |
6.77% |
6.95% |
7.10% |
7.18% |
7.21% |
- |
5.27% |
7.54% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
5.70% |
5.90% |
6.04% |
0.00% |
6.64% |
6.88% |
6.95% |
- |
6.44% |
6.77% |
| Net Operating Profit after Tax (NOPAT) |
|
95 |
110 |
112 |
127 |
130 |
130 |
135 |
138 |
- |
116 |
169 |
| NOPAT Margin |
|
34.90% |
39.85% |
36.62% |
42.04% |
42.29% |
42.46% |
43.50% |
43.71% |
- |
31.63% |
43.09% |
| 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 |
|
32.75% |
34.06% |
32.32% |
32.25% |
31.72% |
32.16% |
31.05% |
30.94% |
- |
32.61% |
31.09% |
| Operating Expenses to Revenue |
|
55.63% |
49.02% |
50.15% |
46.35% |
46.01% |
45.75% |
44.60% |
44.06% |
- |
59.11% |
45.03% |
| Earnings before Interest and Taxes (EBIT) |
|
121 |
141 |
143 |
162 |
166 |
166 |
172 |
176 |
- |
150 |
215 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
136 |
155 |
158 |
177 |
181 |
180 |
185 |
187 |
- |
165 |
230 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.87 |
0.86 |
0.81 |
0.93 |
0.97 |
0.90 |
0.88 |
0.82 |
- |
0.83 |
0.89 |
| Price to Tangible Book Value (P/TBV) |
|
1.70 |
1.67 |
1.58 |
1.81 |
1.86 |
1.72 |
1.66 |
1.53 |
- |
1.60 |
1.68 |
| Price to Revenue (P/Rev) |
|
5.53 |
5.51 |
5.17 |
5.93 |
6.02 |
5.56 |
5.45 |
5.08 |
- |
5.21 |
5.29 |
| Price to Earnings (P/E) |
|
14.64 |
15.04 |
13.65 |
15.44 |
14.97 |
13.62 |
12.80 |
11.63 |
- |
12.90 |
13.10 |
| Dividend Yield |
|
3.37% |
3.41% |
3.65% |
3.11% |
3.00% |
3.19% |
3.27% |
3.50% |
- |
3.51% |
3.26% |
| Earnings Yield |
|
6.83% |
6.65% |
7.33% |
6.48% |
6.68% |
7.34% |
7.81% |
8.60% |
- |
7.75% |
7.63% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.87 |
0.81 |
0.74 |
0.76 |
0.79 |
0.77 |
0.79 |
0.69 |
- |
0.72 |
0.76 |
| Enterprise Value to Revenue (EV/Rev) |
|
8.75 |
8.30 |
7.49 |
7.58 |
7.24 |
6.56 |
6.90 |
5.75 |
- |
5.84 |
6.00 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
16.37 |
15.94 |
14.00 |
14.04 |
12.87 |
11.54 |
11.72 |
9.59 |
- |
10.48 |
10.77 |
| Enterprise Value to EBIT (EV/EBIT) |
|
18.17 |
17.73 |
15.49 |
15.47 |
14.08 |
12.58 |
12.70 |
10.33 |
- |
11.29 |
11.59 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
23.16 |
22.64 |
19.76 |
19.75 |
18.00 |
16.07 |
16.21 |
13.36 |
- |
14.47 |
14.85 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
15.03 |
14.02 |
12.57 |
12.43 |
18.25 |
17.30 |
24.54 |
26.85 |
- |
13.75 |
13.46 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
6.97 |
16.33 |
11.78 |
6.02 |
6.74 |
4.02 |
- |
20.24 |
30.84 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.57 |
0.59 |
0.57 |
0.56 |
0.46 |
0.39 |
0.41 |
0.34 |
- |
0.29 |
0.32 |
| Long-Term Debt to Equity |
|
0.53 |
0.55 |
0.54 |
0.53 |
0.43 |
0.36 |
0.38 |
0.31 |
- |
0.27 |
0.30 |
| Financial Leverage |
|
0.46 |
0.58 |
0.66 |
0.60 |
0.51 |
0.48 |
0.48 |
0.45 |
- |
0.34 |
0.36 |
| Leverage Ratio |
|
5.53 |
5.53 |
5.59 |
5.52 |
5.38 |
5.30 |
5.25 |
5.22 |
- |
5.24 |
5.17 |
| Compound Leverage Factor |
|
5.53 |
5.53 |
5.59 |
5.52 |
5.38 |
5.30 |
5.25 |
5.22 |
- |
5.24 |
5.17 |
| Debt to Total Capital |
|
36.30% |
36.94% |
36.21% |
35.93% |
31.51% |
27.95% |
28.86% |
25.23% |
- |
22.45% |
24.32% |
| Short-Term Debt to Total Capital |
|
2.78% |
2.32% |
2.05% |
1.99% |
2.04% |
2.07% |
1.72% |
1.81% |
- |
1.66% |
1.82% |
| Long-Term Debt to Total Capital |
|
33.52% |
34.62% |
34.16% |
33.94% |
29.46% |
25.88% |
27.15% |
23.41% |
- |
20.79% |
22.51% |
| 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 |
|
63.70% |
63.06% |
63.79% |
64.07% |
68.49% |
72.05% |
71.14% |
74.77% |
- |
77.55% |
75.68% |
| Debt to EBITDA |
|
6.80 |
7.23 |
6.82 |
6.60 |
5.11 |
4.20 |
4.27 |
3.48 |
- |
3.25 |
3.44 |
| Net Debt to EBITDA |
|
6.03 |
5.34 |
4.33 |
3.07 |
2.16 |
1.76 |
2.46 |
1.10 |
- |
1.13 |
1.27 |
| Long-Term Debt to EBITDA |
|
6.28 |
6.78 |
6.43 |
6.23 |
4.77 |
3.88 |
4.01 |
3.23 |
- |
3.01 |
3.19 |
| Debt to NOPAT |
|
9.62 |
10.27 |
9.62 |
9.28 |
7.14 |
5.84 |
5.90 |
4.85 |
- |
4.49 |
4.75 |
| Net Debt to NOPAT |
|
8.53 |
7.59 |
6.11 |
4.31 |
3.02 |
2.45 |
3.40 |
1.54 |
- |
1.57 |
1.75 |
| Long-Term Debt to NOPAT |
|
8.88 |
9.63 |
9.08 |
8.77 |
6.68 |
5.41 |
5.55 |
4.50 |
- |
4.16 |
4.39 |
| 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) |
|
-2,041 |
-617 |
900 |
221 |
383 |
963 |
869 |
1,377 |
- |
-35 |
-123 |
| Operating Cash Flow to CapEx |
|
602.85% |
2,608.57% |
4,602.34% |
6,201.04% |
-4,267.97% |
2,518.70% |
1,530.17% |
2,129.20% |
- |
2,641.42% |
3,552.02% |
| Free Cash Flow to Firm to Interest Expense |
|
-14.63 |
-4.30 |
5.84 |
1.41 |
2.68 |
7.56 |
6.95 |
11.04 |
- |
-0.29 |
-0.95 |
| Operating Cash Flow to Interest Expense |
|
0.20 |
1.30 |
1.40 |
1.76 |
-1.44 |
1.40 |
0.79 |
1.56 |
- |
1.53 |
1.26 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.17 |
1.25 |
1.37 |
1.73 |
-1.47 |
1.34 |
0.73 |
1.49 |
- |
1.48 |
1.22 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
- |
0.03 |
0.03 |
| Fixed Asset Turnover |
|
3.13 |
3.08 |
3.05 |
3.11 |
3.22 |
3.28 |
3.27 |
3.29 |
- |
3.26 |
3.46 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
11,114 |
11,266 |
11,417 |
11,490 |
10,860 |
10,433 |
10,683 |
10,251 |
- |
10,584 |
10,975 |
| Invested Capital Turnover |
|
0.11 |
0.10 |
0.10 |
0.10 |
0.11 |
0.11 |
0.11 |
0.11 |
- |
0.12 |
0.13 |
| Increase / (Decrease) in Invested Capital |
|
2,136 |
728 |
-788 |
-93 |
-253 |
-833 |
-734 |
-1,239 |
- |
151 |
292 |
| Enterprise Value (EV) |
|
9,713 |
9,168 |
8,491 |
8,784 |
8,628 |
8,020 |
8,471 |
7,123 |
- |
7,652 |
8,352 |
| Market Capitalization |
|
6,137 |
6,093 |
5,866 |
6,865 |
7,178 |
6,799 |
6,693 |
6,303 |
- |
6,824 |
7,365 |
| Book Value per Share |
|
$75.54 |
$75.96 |
$75.92 |
$77.27 |
$78.08 |
$78.91 |
$79.76 |
$80.68 |
- |
$80.80 |
$82.35 |
| Tangible Book Value per Share |
|
$38.62 |
$39.00 |
$38.62 |
$39.75 |
$40.62 |
$41.48 |
$42.38 |
$43.23 |
- |
$42.08 |
$43.39 |
| Total Capital |
|
11,114 |
11,266 |
11,417 |
11,490 |
10,860 |
10,433 |
10,683 |
10,251 |
- |
10,584 |
10,975 |
| Total Debt |
|
4,034 |
4,162 |
4,134 |
4,129 |
3,422 |
2,916 |
3,084 |
2,586 |
- |
2,376 |
2,670 |
| Total Long-Term Debt |
|
3,725 |
3,900 |
3,900 |
3,900 |
3,200 |
2,700 |
2,900 |
2,400 |
- |
2,200 |
2,470 |
| Net Debt |
|
3,576 |
3,075 |
2,626 |
1,919 |
1,449 |
1,221 |
1,778 |
819 |
- |
828 |
986 |
| Capital Expenditures (CapEx) |
|
4.64 |
7.18 |
4.70 |
4.43 |
4.82 |
7.07 |
6.42 |
9.15 |
- |
7.01 |
4.57 |
| 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) |
|
4,034 |
4,162 |
4,134 |
4,129 |
3,422 |
2,916 |
3,084 |
2,586 |
- |
2,376 |
2,670 |
| Total Depreciation and Amortization (D&A) |
|
15 |
14 |
15 |
14 |
15 |
13 |
13 |
11 |
- |
15 |
15 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
$1.42 |
$1.45 |
$1.48 |
$1.16 |
$1.67 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
| Adjusted Diluted Earnings per Share |
|
$1.00 |
$1.18 |
$1.17 |
$1.34 |
$1.36 |
$1.37 |
$1.42 |
$1.45 |
$1.48 |
$1.16 |
$1.67 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
| 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 |
|
93.53M |
95.94M |
95.26M |
95.26M |
95.26M |
95.28M |
95.00M |
94.99M |
101.58M |
100.85M |
120.18M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
96 |
110 |
115 |
127 |
130 |
130 |
135 |
138 |
- |
149 |
169 |
| Normalized NOPAT Margin |
|
34.98% |
39.85% |
37.74% |
42.05% |
42.29% |
42.46% |
43.50% |
43.73% |
- |
40.57% |
43.24% |
| Pre Tax Income Margin |
|
44.37% |
50.98% |
46.88% |
53.65% |
53.99% |
54.25% |
55.40% |
55.94% |
- |
40.89% |
54.97% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
0.87 |
0.98 |
0.93 |
1.04 |
1.16 |
1.31 |
1.38 |
1.41 |
- |
1.25 |
1.67 |
| NOPAT to Interest Expense |
|
0.68 |
0.77 |
0.72 |
0.81 |
0.91 |
1.02 |
1.08 |
1.10 |
- |
0.96 |
1.31 |
| EBIT Less CapEx to Interest Expense |
|
0.84 |
0.93 |
0.90 |
1.01 |
1.13 |
1.25 |
1.33 |
1.34 |
- |
1.19 |
1.63 |
| NOPAT Less CapEx to Interest Expense |
|
0.65 |
0.72 |
0.69 |
0.79 |
0.87 |
0.97 |
1.03 |
1.03 |
- |
0.91 |
1.27 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
49.06% |
51.36% |
48.82% |
47.57% |
44.72% |
43.52% |
41.92% |
41.44% |
- |
42.88% |
41.25% |
| Augmented Payout Ratio |
|
66.29% |
68.51% |
66.22% |
64.38% |
60.31% |
51.43% |
41.92% |
45.18% |
- |
83.40% |
81.78% |
Key Financial Trends
Prosperity Bancshares’ latest statements show a larger, more profitable bank with improving recent momentum. From Q3 2022 through Q2 2026, total assets increased from $37.8 billion to $43.9 billion, while net loans grew approximately 35% to $24.6 billion. Total deposits also expanded, although at a slower pace of roughly 11% to $32.6 billion.
Quarterly revenue increased from $295.4 million in Q3 2022 to $391.3 million in Q2 2026. Net interest income rose from $260.7 million to $330.6 million over the same period, supported by loan growth and higher investment securities income. Net income reached $168.6 million in Q2 2026, up from $135.8 million in Q3 2022, while diluted EPS improved from $1.49 to $1.67.
The most recent quarter was particularly strong compared with Q1 2026. Net income rose about 45% sequentially, and EPS increased from $1.16 to $1.67. Q1 earnings were pressured by a $42.5 million restructuring charge, compared with only $755,000 in Q2. Excluding such unusual charges, the underlying earnings trend appears steadier than the reported quarter-to-quarter results suggest.
Prosperity has also expanded its capital base. Common equity rose from $6.6 billion in Q3 2022 to $8.3 billion in Q2 2026, while retained earnings increased to $4.0 billion. Long-term debt, which was approximately $4.25 billion in Q3 2023, declined to $2.47 billion by Q2 2026, despite a modest increase from $2.20 billion in Q1.
Cash generation has generally remained positive from operations, including $162.4 million in Q2 2026 and $185.1 million in Q1. However, investment and financing cash flows remain volatile because of large purchases and sales of investment securities, deposit movements, debt issuance and repayments, share repurchases, and dividends.
- Loan growth is a major earnings tailwind: Net loans increased approximately 35% from Q3 2022 to Q2 2026, creating a larger interest-earning asset base.
- Recent earnings momentum improved: Q2 2026 net income rose to $168.6 million from $116.3 million in Q1, while diluted EPS increased to $1.67 from $1.16.
- Net interest income continues to expand: Quarterly net interest income rose from $260.7 million in Q3 2022 to $330.6 million in Q2 2026.
- Capital and retained earnings are stronger: Common equity grew from $6.6 billion to $8.3 billion over the period, providing a larger loss-absorbing cushion and supporting future growth.
- Debt levels have moderated: Long-term debt declined substantially from the levels reported in 2023, although it increased modestly in Q2 2026 as the company issued $200 million of debt.
- Operating cash flow remains positive: Prosperity generated $162.4 million of operating cash flow in Q2 2026, following $185.1 million in Q1, indicating that reported profits are generally translating into cash.
- Credit reserves have grown with the loan book: The allowance for loan losses increased from $282.2 million in Q3 2022 to $382.8 million in Q2 2026. The allowance has remained near 1.5% of loans, suggesting broadly stable reserve coverage, but investors should monitor whether provisions remain at zero.
- Deposit growth has been uneven: Deposits increased over the longer period, but Q2 2026 included a $32.7 million net decline in deposits. Continued deposit gathering will be important for funding additional loan growth without relying more heavily on debt.
- Operating expenses are rising faster than revenue over the long term: Quarterly non-interest expense increased from $122.2 million in Q3 2022 to $176.2 million in Q2 2026, with salaries, amortization, and restructuring costs contributing to pressure on efficiency.
- Cash flow is exposed to market and funding volatility: Large investment-security transactions and recurring dividends and share repurchases can produce sizable swings in total cash flow. The company reported a $199.6 million decrease in cash in Q1 2026 before returning to a $135.1 million increase in Q2.
Overall, the statements point to a bank with stronger scale, loan growth, capital, and recent profitability. The primary issues for investors are whether expense growth can be controlled, whether deposit growth can keep pace with lending, and whether the recent absence of credit-loss provisions remains appropriate as the loan portfolio expands.
09/04/26 10:08 PM ETAI Generated. May Contain Errors.