
Prosperity Bancshares, Inc. (NYSE:PB – Free Report) – Stock analysts at DA Davidson issued their Q4 2025 earnings per share (EPS) estimates for shares of Prosperity Bancshares in a research report issued on Thursday, October 30th. DA Davidson analyst P. Winter forecasts that the bank will post earnings of $1.48 per share for the quarter. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share.
Prosperity Bancshares (NYSE:PB – Get Free Report) last announced its quarterly earnings results on Wednesday, October 29th. The bank reported $1.45 earnings per share for the quarter, meeting the consensus estimate of $1.45. Prosperity Bancshares had a return on equity of 7.06% and a net margin of 30.28%.The firm had revenue of $314.67 million during the quarter, compared to analyst estimates of $317.94 million. During the same quarter in the previous year, the business earned $1.34 EPS. Prosperity Bancshares’s revenue for the quarter was up 3.9% compared to the same quarter last year.
Read Our Latest Stock Analysis on PB
Prosperity Bancshares Stock Up 1.7%
Shares of Prosperity Bancshares stock opened at $65.93 on Friday. The firm has a market cap of $6.26 billion, a PE ratio of 11.75, a P/E/G ratio of 0.97 and a beta of 0.73. The business has a 50-day moving average price of $66.05 and a 200 day moving average price of $68.30. Prosperity Bancshares has a twelve month low of $61.06 and a twelve month high of $86.75.
Prosperity Bancshares Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders of record on Monday, December 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.6%. The ex-dividend date is Monday, December 15th. This is a positive change from Prosperity Bancshares’s previous quarterly dividend of $0.58. Prosperity Bancshares’s payout ratio is presently 42.78%.
Insider Transactions at Prosperity Bancshares
In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, August 6th. The stock was sold at an average price of $66.34, for a total transaction of $39,804.00. Following the transaction, the director owned 44,600 shares in the company, valued at approximately $2,958,764. The trade was a 1.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 14,300 shares of company stock worth $950,496. Insiders own 4.20% of the company’s stock.
Hedge Funds Weigh In On Prosperity Bancshares
Hedge funds have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC lifted its stake in Prosperity Bancshares by 8.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,362 shares of the bank’s stock valued at $525,000 after buying an additional 561 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of Prosperity Bancshares by 0.4% during the 1st quarter. Principal Financial Group Inc. now owns 219,056 shares of the bank’s stock worth $15,634,000 after purchasing an additional 855 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Prosperity Bancshares by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 58,236 shares of the bank’s stock worth $4,156,000 after buying an additional 1,016 shares during the period. Amundi purchased a new position in shares of Prosperity Bancshares in the 1st quarter worth $4,060,000. Finally, Teacher Retirement System of Texas raised its position in shares of Prosperity Bancshares by 23.1% in the 1st quarter. Teacher Retirement System of Texas now owns 21,818 shares of the bank’s stock worth $1,557,000 after buying an additional 4,098 shares during the period. 80.69% of the stock is currently owned by hedge funds and other institutional investors.
About Prosperity Bancshares
Prosperity Bancshares, Inc operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.
See Also
- Five stocks we like better than Prosperity Bancshares
- 3 Defense Stocks Set to Benefit From Increased Military Spending
- Amazon Earnings: 3 Catalysts That Could Drive Shares to $300
- What Is WallStreetBets and What Stocks Are They Targeting?
- Why Chipotle Stock May Bounce After a Brutal Sell-Off
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Why VGT May Be a Smarter Bet Than Chasing Individual Tech Stocks
Receive News & Ratings for Prosperity Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prosperity Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
