Prosperity Bancshares, Inc. (NYSE:PB) to Issue $0.60 Quarterly Dividend

Posted by Geri Gentry on Jul 23rd, 2026

Prosperity Bancshares, Inc. (NYSE:PB – Get Free Report) declared a quarterly dividend on Tuesday, July 21st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.60 per share by the bank on Thursday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, September 15th.

Prosperity Bancshares has increased its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 27 consecutive years. Prosperity Bancshares has a dividend payout ratio of 37.3% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Prosperity Bancshares to earn $7.13 per share next year, which means the company should continue to be able to cover its $2.40 annual dividend with an expected future payout ratio of 33.7%.

Prosperity Bancshares Stock Down 0.1%

PB stock opened at $73.07 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $7.37 billion, a price-to-earnings ratio of 13.24, a P/E/G ratio of 1.17 and a beta of 0.63. The business’s 50-day moving average is $70.87 and its two-hundred day moving average is $70.14. Prosperity Bancshares has a fifty-two week low of $61.06 and a fifty-two week high of $77.20.

Prosperity Bancshares (NYSE:PB – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. The business had revenue of $367.62 million during the quarter, compared to analyst estimates of $358.60 million. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.Prosperity Bancshares’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.37 earnings per share. As a group, analysts forecast that Prosperity Bancshares will post 6.25 earnings per share for the current year.

Insider Activity at Prosperity Bancshares

In other Prosperity Bancshares news, Director Ned S. Holmes sold 600 shares of the company’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $70.61, for a total transaction of $42,366.00. Following the completion of the transaction, the director directly owned 39,800 shares in the company, valued at approximately $2,810,278. This represents a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 12,100 shares of company stock valued at $849,312 in the last three months. 3.96% of the stock is owned by insiders.

Institutional Trading of Prosperity Bancshares

A number of hedge funds and other institutional investors have recently modified their holdings of PB. Lexington Hill Partners LLC increased its position in shares of Prosperity Bancshares by 25.1% during the 2nd quarter. Lexington Hill Partners LLC now owns 5,284 shares of the bank’s stock worth $386,000 after purchasing an additional 1,059 shares during the last quarter. Kwmg LLC lifted its holdings in Prosperity Bancshares by 2.4% during the 2nd quarter. Kwmg LLC now owns 101,224 shares of the bank’s stock worth $7,392,000 after buying an additional 2,399 shares during the last quarter. GAMMA Investing LLC raised its holdings in Prosperity Bancshares by 33.8% during the second quarter. GAMMA Investing LLC now owns 1,990 shares of the bank’s stock worth $145,000 after purchasing an additional 503 shares in the last quarter. Versant Capital Management Inc lifted its position in Prosperity Bancshares by 3.3% in the second quarter. Versant Capital Management Inc now owns 10,921 shares of the bank’s stock valued at $798,000 after acquiring an additional 348 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in Prosperity Bancshares by 5.6% in the first quarter. Pacer Advisors Inc. now owns 11,998 shares of the bank’s stock valued at $806,000 after buying an additional 635 shares during the last quarter. 80.69% of the stock is owned by institutional investors and hedge funds.

Prosperity Bancshares Company Profile

(Get Free Report)

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.