| Why Prosperity Bancshares (PB) is a Top Dividend Stock for Your Portfolio |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-05-09 16:50:39 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares Q1 Earnings Beat on Higher NII & Fee Income |
PB's first-quarter 2025 results top estimates on higher NII & adjusted non-interest income alongside nil provisions. However, high expenses remain a woe. |
zacks.com |
2025-04-24 19:30:38 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares, Inc. (PB) Q1 2025 Earnings Call Transcript |
Prosperity Bancshares, Inc. (NYSE:PB ) Q1 2025 Earnings Conference Call April 23, 2025 11:30 AM ET Company Participants Charlotte Rasche - EVP and General Counsel David Zalman - Senior Chairman and CEO Asylbek Osmonov - CFO Tim Timanus - Chairman Kevin Hanigan - President and COO Conference Call Participants Manan Gosalia - Morgan Stanley Catherine Mealor - KBW Michael Rose - Raymond James Peter Winter - D.A. Davidson Jon Arfstrom - RBC Capital Ebrahim Poonawala - Bank of America Operator Good day, and welcome to the Prosperity Bancshares First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-04-23 21:19:25 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) is a Top Dividend Stock Right Now: Should You Buy? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-04-23 16:50:53 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares: Solid Regional Bank On Sale |
Prosperity Bancshares, Inc.'s Q1 earnings beat expectations with $130.2 million net income, driven by controlled expenses and improved net interest margins. PB stock is attractive relative to book value, trading at a discount, and is considered a buy in the $60s. Loans and deposits saw slight declines, but the net interest margin improved to 3.14%, enhancing earnings power. |
seekingalpha.com |
2025-04-23 15:44:20 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates |
While the top- and bottom-line numbers for Prosperity Bancshares (PB) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-23 14:35:40 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Q1 Earnings Top Estimates |
Prosperity Bancshares (PB) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.18 per share a year ago. |
zacks.com |
2025-04-23 12:40:43 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2025 EARNINGS |
First quarter earnings per share (diluted) of $1.37, an increase of 16.1% compared to first quarter 2024 First quarter net income increased 17.9% to $130.2 million compared to first quarter 2024 First quarter net interest margin increased 35 basis points to 3.14% compared to first quarter 2024 Noninterest-bearing deposits of $9.7 billion, representing 34.5% of total deposits Borrowings decreased $500.0 million during first quarter 2025 Allowance for credit losses on loans and on off-balance sheet credit exposure of $386.7 million and allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program, of 1.67%(1) Nonperforming assets remain low at 0.24% of first quarter average interest-earning assets Return (annualized) on first quarter average assets of 1.34% and average tangible common equity of 13.23%(1) Named in Forbes' 2025 America's Best Banks Ranked among "America's Best Regional Banks" by Newsweek in 2025 Named Best Overall Bank in Texas by Money for 2025 HOUSTON , April 23, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of $130.2 million for the quarter ended March 31, 2025 compared with $110.4 million for the same period in 2024. Net income per diluted common share was $1.37 for the quarter ended March 31, 2025 compared with $1.18 for the same period in 2024. |
prnewswire.com |
2025-04-23 10:30:00 |
Czytaj oryginał (ang.) |
| Will Prosperity Bancshares (PB) Beat Estimates Again in Its Next Earnings Report? |
Prosperity Bancshares (PB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2025-04-21 17:15:54 |
Czytaj oryginał (ang.) |
| Exploring Analyst Estimates for Prosperity Bancshares (PB) Q1 Earnings, Beyond Revenue and EPS |
Get a deeper insight into the potential performance of Prosperity Bancshares (PB) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2025-04-21 14:22:08 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND |
HOUSTON , April 16, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the second quarter of 2025, payable July 1, 2025, to shareholders of record as of June 13, 2025. Prosperity Bancshares, Inc.® As of December 31, 2024, Prosperity Bancshares, Inc.® is a $39.567 billion Houston, Texas based regional financial holding company providing personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma. |
prnewswire.com |
2025-04-16 20:30:00 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Earnings Expected to Grow: Should You Buy? |
Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-16 15:07:11 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-04-07 16:50:36 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares: Set For Brighter Days Ahead |
Texas's Prosperity Bancshares hasn't been the best performer in recent years, but this masks a very high-quality underlying business. Prosperity not only funds itself at a cheaper rate than similar-sized banks, but it's more efficient and loses less on the loans it makes as well. The bank has a few catalysts that can help drive margin expansion, EPS growth, and, hopefully, a re-rating for the stock's P/E multiple. |
seekingalpha.com |
2025-04-02 18:07:26 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FIRST QUARTER 2025 EARNINGS CONFERENCE CALL |
HOUSTON , March 27, 2025 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) First Quarter 2025 Earnings Announcement, scheduled before the market opens on Wednesday, April 23, 2025, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team. |
prnewswire.com |
2025-03-27 18:30:00 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-03-21 14:50:34 |
Czytaj oryginał (ang.) |
| Why Prosperity Bancshares (PB) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-03-05 14:50:28 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-02-17 14:51:12 |
Czytaj oryginał (ang.) |
| Here's Why Prosperity Bancshares (PB) is a Strong Value Stock |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2025-02-17 12:46:30 |
Czytaj oryginał (ang.) |
| Why Prosperity Bancshares (PB) is a Top Value Stock for the Long-Term |
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores. |
zacks.com |
2025-01-31 12:40:19 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2025-01-30 14:46:10 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares Q4 Earnings Beat on Higher NII & Fee Income |
PB's fourth-quarter 2024 results top estimates on higher NII & adjusted non-interest income alongside nil provisions. Yet, high adjusted expenses remain a woe. |
zacks.com |
2025-01-30 13:16:13 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares, Inc. (PB) Q4 2024 Earnings Call Transcript |
Prosperity Bancshares, Inc. (NYSE:PB ) Q4 2024 Earnings Conference Call January 29, 2025 11:30 AM ET Company Participants Charlotte Rasche - EVP & General Counsel David Zalman - Senior Chairman & CEO Asylbek Osmonov - CFO Tim Timanus - Chairman Kevin Hanigan - President & COO Edward Safady - Vice Chairman Conference Call Participants Manan Gosalia - Morgan Stanley Jon Arfstrom - RBC Capital Markets Catherine Mealor - KBW Peter Winter - D.A. Davidson Matt Oney - Stevens Jonathan Rau - Barclays Bank Bill Carcache - Wolfe Research Operator Good morning, and welcome to the Prosperity Bancshares Fourth Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2025-01-30 02:04:56 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares: Close Out This Great Trade, Run With House Money |
Prosperity Bancshares offered a 60% return over 15 months; consider locking in gains and holding a house money position for long-term wealth. Q4 earnings beat expectations with $307.6 million in revenue and $1.37 EPS, but the stock is pricey at $82.50. Loans dipped to $22.15 billion, but deposits rose to $28.38 billion; asset quality metrics and return metrics improved. |
seekingalpha.com |
2025-01-29 14:46:28 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Prosperity Bancshares (PB) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-01-29 12:31:13 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Q4 Earnings and Revenues Top Estimates |
Prosperity Bancshares (PB) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.19 per share a year ago. |
zacks.com |
2025-01-29 10:40:19 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND |
HOUSTON , Jan. 22, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the first quarter of 2025, payable April 1, 2025, to shareholders of record as of March 14, 2025. Prosperity Bancshares, Inc.® As of September 30, 2024, Prosperity Bancshares, Inc.® is a $40.115 billion Houston, Texas based regional financial holding company providing personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma. |
prnewswire.com |
2025-01-22 18:30:00 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Reports Next Week: Wall Street Expects Earnings Growth |
Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-22 13:06:45 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM |
HOUSTON , Jan. 21, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (the "Company") (NYSE: PB), the parent company of Prosperity Bank®, today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.8 million shares, of its outstanding common stock over a one-year period expiring on January 21, 2026, at the discretion of management. Repurchases under this program may be made from time to time in open market transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. |
prnewswire.com |
2025-01-21 18:30:00 |
Czytaj oryginał (ang.) |
| Will Prosperity Bancshares (PB) Beat Estimates Again in Its Next Earnings Report? |
Prosperity Bancshares (PB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. |
zacks.com |
2025-01-03 15:16:20 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares' Buyouts & Loans Aid Amid Pressure on NIM |
PB is well-poised for growth given strategic buyouts, improving deposit mix and decent loan demand. Yet, contracting NIM and weak mortgage income are woes. |
zacks.com |
2025-01-02 11:35:24 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS FOURTH QUARTER 2024 EARNINGS CONFERENCE CALL |
HOUSTON , Dec. 23, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, January 29, 2025, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team. |
prnewswire.com |
2024-12-23 17:04:00 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares: No Longer A Buy, But The Dividend Is Still Interesting |
Prosperity Bancshares has shown strong performance and solid fundamentals, but a recent rally suggests a more cautious approach with a hold rating. The bank's strategic focus on Texas and Oklahoma MSAs, particularly Austin, Dallas, and Houston, positions it well for future growth. Despite high deposit quality and low costs, loan growth remains sluggish due to high interest rates and economic uncertainty. |
seekingalpha.com |
2024-12-16 22:03:49 |
Czytaj oryginał (ang.) |
| 17 Upcoming Dividend Increases, Including A King |
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical returns and high 10-year dividend growth rates, comparing them against the Schwab U.S. Dividend Equity ETF. |
seekingalpha.com |
2024-12-05 13:08:55 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares Q3 Earnings Beat on Higher NII, Stock Up 1% |
PB's third-quarter 2024 results beat estimates on higher NII, higher loans, and deposits. Yet, higher costs and lower adjusted non-interest income are woes. |
zacks.com |
2024-10-24 13:46:15 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares, Inc. (PB) Q3 2024 Earnings Call Transcript |
Prosperity Bancshares, Inc. (NYSE:PB ) Q3 2024 Earnings Conference Call October 23, 2024 11:30 AM ET Company Participants Charlotte Rasche - Executive Vice President and General Counsel David Zalman - Senior Chairman and Chief Executive Officer Tim Timanus - Chairman Asylbek Osmonov - Chief Financial Officer Edward Safady - Vice Chairman Kevin Hanigan - President and Chief Operating Officer Randy Hester - Chief Lending Officer Mays Davenport - Director of Corporate Strategy Bob Dowdell - Executive Vice President Conference Call Participants Manan Gosalia - Morgan Stanley Catherine Mealor - KBW Ebrahim Poonawala - Bank of America Matt Oney - Stevens Peter Winter - D.A. Davidson Operator Good morning, and welcome to the Prosperity Bancshares' Third Quarter 2024 Earnings Conference Call. |
seekingalpha.com |
2024-10-23 18:02:05 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates |
While the top- and bottom-line numbers for Prosperity Bancshares (PB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-23 14:35:39 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Surpasses Q3 Earnings and Revenue Estimates |
Prosperity Bancshares (PB) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.20 per share a year ago. |
zacks.com |
2024-10-23 12:41:11 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2024 EARNINGS |
Board approved increase in dividend of 3.57% to $0.58 for fourth quarter 2024, representing the 21st consecutive annual increase, with a compound annual growth rate of 11.1% Net income of $127.3 million and diluted earnings per share of $1.34 for third quarter 2024 Net interest margin increased 23 basis points to 2.95% compared to third quarter 2023 Deposits increased $154.5 million and loans increased $60.0 million during third quarter 2024 Noninterest-bearing deposits of $9.8 billion, representing 34.9% of total deposits Allowance for credit losses on loans and on off-balance sheet credit exposure of $392.0 million and allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program, of 1.68%(1) Nonperforming assets remain low at 0.25% of third quarter average interest-earning assets Return (annualized) on third quarter average assets of 1.28%, average common equity of 6.93% and average tangible common equity of 13.50%(1) HOUSTON , Oct. 23, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB), the parent company of Prosperity Bank® (collectively, "Prosperity"), reported net income of $127.3 million for the quarter ended September 30, 2024 compared with $112.2 million for the same period in 2023. Net income per diluted common share was $1.34 for the quarter ended September 30, 2024 compared with $1.20 for the same period in 2023. |
prnewswire.com |
2024-10-23 10:30:00 |
Czytaj oryginał (ang.) |
| Buy These 4 Stocks With Recent Dividend Hikes, Strong Upside |
South Plains Financial (SPFI), Prosperity Bancshares (PB), Penske Automotive Group (PAG) and Bank First (BFC) recently announced dividend hikes. |
zacks.com |
2024-10-21 19:00:24 |
Czytaj oryginał (ang.) |
| Countdown to Prosperity Bancshares (PB) Q3 Earnings: A Look at Estimates Beyond Revenue and EPS |
Get a deeper insight into the potential performance of Prosperity Bancshares (PB) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics. |
zacks.com |
2024-10-21 14:21:49 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND |
HOUSTON , Oct. 16, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the fourth quarter of 2024, payable January 2, 2025, to shareholders of record as of December 13, 2024. The fourth quarter dividend represents an increase of $0.02 per share, or 3.57%, from the prior quarter. |
prnewswire.com |
2024-10-16 20:30:00 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Reports Next Week: Wall Street Expects Earnings Growth |
Prosperity Bancshares (PB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-16 15:06:15 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2024-10-14 16:45:15 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares (PB) Could Be a Great Choice |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2024-09-26 16:45:37 |
Czytaj oryginał (ang.) |
| PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2024 EARNINGS CONFERENCE CALL |
HOUSTON , Sept. 25, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, October 23, 2024, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. |
prnewswire.com |
2024-09-25 19:30:00 |
Czytaj oryginał (ang.) |
| Prosperity Bancshares: There Is Still Room For Further Upside |
Prosperity Bancshares has achieved a 25% return in 3 months, driven by market expectations of rate cuts, enhancing credit demand prospects. PB's strategic location in high-growth Texas and Oklahoma MSAs, combined with potential rate cuts, could unlock significant lending opportunities and improve net interest margins. The bank's strong dividend history, strategic acquisitions, and solid financial metrics (CET1 above 15%, Loan-to-Deposit ratio of 80%) support a buy rating with 21% upside potential. |
seekingalpha.com |
2024-09-17 17:50:22 |
Czytaj oryginał (ang.) |
| Are You Looking for a High-Growth Dividend Stock? |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2024-09-10 16:46:06 |
Czytaj oryginał (ang.) |
| Why Prosperity Bancshares (PB) is a Great Dividend Stock Right Now |
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes? |
zacks.com |
2024-08-21 16:45:30 |
Czytaj oryginał (ang.) |