Prosperity Net Income from 2010 to 2024

PB Stock  USD 82.34  0.64  0.78%   
Prosperity Bancshares' Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 440.3 M this year. From 2010 to 2024 Prosperity Bancshares Net Income quarterly data regression line had arithmetic mean of  316,802,987 and r-squared of  0.81. View All Fundamentals
 
Net Income  
First Reported
1998-03-31
Previous Quarter
111.6 M
Current Value
127.3 M
Quarterly Volatility
43.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prosperity Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prosperity Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 512.5 M or Selling General Administrative of 391 M, as well as many indicators such as Price To Sales Ratio of 4.23, Dividend Yield of 0.0343 or PTB Ratio of 1.56. Prosperity financial statements analysis is a perfect complement when working with Prosperity Bancshares Valuation or Volatility modules.
  
Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.

Latest Prosperity Bancshares' Net Income Growth Pattern

Below is the plot of the Net Income of Prosperity Bancshares over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Prosperity Bancshares financial statement analysis. It represents the amount of money remaining after all of Prosperity Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Prosperity Bancshares' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prosperity Bancshares' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 419.32 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Prosperity Net Income Regression Statistics

Arithmetic Mean316,802,987
Geometric Mean233,934,079
Coefficient Of Variation47.74
Mean Deviation115,874,386
Median297,441,000
Standard Deviation151,244,278
Sample Variance22874.8T
Range525.3M
R-Value0.90
Mean Square Error4643.3T
R-Squared0.81
Slope30,465,688
Total Sum of Squares320247.6T

Prosperity Net Income History

2024440.3 M
2023419.3 M
2022524.5 M
2021519.3 M
2020528.9 M
2019332.6 M
2018321.8 M

Other Fundumenentals of Prosperity Bancshares

Prosperity Bancshares Net Income component correlations

About Prosperity Bancshares Financial Statements

Prosperity Bancshares stakeholders use historical fundamental indicators, such as Prosperity Bancshares' Net Income, to determine how well the company is positioned to perform in the future. Although Prosperity Bancshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prosperity Bancshares' assets and liabilities are reflected in the revenues and expenses on Prosperity Bancshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prosperity Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income419.3 M440.3 M
Net Income Applicable To Common Shares603.2 M633.4 M
Net Income From Continuing Ops461.7 M351.9 M
Net Income Per Share 4.51  2.28 
Net Income Per E B T 0.78  0.56 

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Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.116
Dividend Share
2.24
Earnings Share
4.69
Revenue Per Share
12.146
Quarterly Revenue Growth
0.088
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.