Prosperity Bancshares, Inc. (PB)

Last Closing Price: 76.70 (2023-02-01)

Company Description

Prosperity Bancshares, Inc. is a Texas based regional financial holding company. Operating under a community banking philosophy and seeking to develop broad customer relationships based on service and convenience, Prosperity offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and consumers. The company derives substantially all of its revenues and income from its bank subsidiary, Prosperity Bank. In addition to established banking products, Prosperity offers a complete line of services including: Internet Banking services, Retail Brokerage Services, Credit Cards, MasterMoney Debit Cards, Trust and Wealth Management, Mortgage Services, Cash Management, and Mobile Banking.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $1.24B
Net Income (Most Recent Fiscal Year) $524.52M
PE Ratio (Current Year Earnings Estimate) 13.05
PE Ratio (Trailing 12 Months) 13.39
PEG Ratio (Long Term Growth Estimate) 1.30
Price to Sales Ratio (Trailing 12 Months) 5.65
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.05
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 12.67
Pre-Tax Margin (Trailing 12 Months) 53.72%
Net Margin (Trailing 12 Months) 42.30%
Return on Equity (Trailing 12 Months) 7.97%
Return on Assets (Trailing 12 Months) 1.39%
Current Ratio (Most Recent Fiscal Quarter) 0.62
Quick Ratio (Most Recent Fiscal Quarter) 0.62
Debt to Common Equity (Most Recent Fiscal Quarter) 0.00
Inventory Turnover (Trailing 12 Months) 28.42
Book Value per Share (Most Recent Fiscal Quarter) $73.37
Earnings per Share (Most Recent Fiscal Quarter) $1.51
Earnings per Share (Most Recent Fiscal Year) $5.73
Diluted Earnings per Share (Trailing 12 Months) $5.73
Stock
Exchange NYSE
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 91.31M
Free Float 87.46M
Market Capitalization $7.00B
Average Volume (Last 20 Days) 0.48M
Beta (Past 60 Months) 0.98
Percentage Held By Insiders (Latest Annual Proxy Report) 4.22%
Percentage Held By Institutions (Latest 13F Reports) 81.32%
Annual Dividend (Based on Last Quarter) $2.20
Dividend Yield (Based on Last Quarter) 2.87%