Prosperity Bancshares Financials

PB Stock  USD 82.34  0.64  0.78%   
Based on the key indicators related to Prosperity Bancshares' liquidity, profitability, solvency, and operating efficiency, Prosperity Bancshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Prosperity Bancshares' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.9 B, whereas Cash is forecasted to decline to about 407.1 M. Key indicators impacting Prosperity Bancshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.290.3843
Way Down
Slightly volatile
Return On Assets0.00980.0109
Moderately Down
Very volatile
Return On Equity0.10.0592
Way Up
Slightly volatile
Debt Equity Ratio0.640.61
Sufficiently Up
Slightly volatile
Operating Income725.8 M691.3 M
Sufficiently Up
Slightly volatile
Current Ratio0.03820.0402
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Prosperity Bancshares includes many different criteria found on its balance sheet. An individual investor should monitor Prosperity Bancshares' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Prosperity Bancshares.

Net Income

440.28 Million

  
Understanding current and past Prosperity Bancshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Prosperity Bancshares' financial statements are interrelated, with each one affecting the others. For example, an increase in Prosperity Bancshares' assets may result in an increase in income on the income statement.
Please note, the presentation of Prosperity Bancshares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Prosperity Bancshares' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Prosperity Bancshares' management manipulating its earnings.

Prosperity Bancshares Stock Summary

Prosperity Bancshares competes with Heartland Financial, Heritage Commerce, Business First, German American, and Texas Capital. Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas. Prosperity Bancshares operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 3592 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS7436061052
CUSIP743606105
LocationTexas; U.S.A
Business AddressProsperity Bank Plaza,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.prosperitybankusa.com
Phone281 269 7199
CurrencyUSD - US Dollar

Prosperity Bancshares Key Financial Ratios

Prosperity Bancshares Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets32.2B34.1B37.8B37.7B38.6B40.5B
Other Current Liab(1.3B)382.7M445.6M(4.5M)13.8B14.5B
Net Debt855.9M(896.4M)(2.1B)1.4B3.3B3.4B
Retained Earnings2.1B2.4B2.7B3.1B3.3B3.4B
Accounts Payable8.6M3.5M1.3M4.5M34.8M36.6M
Cash573.6M1.3B2.5B423.8M458.2M407.1M
Other Assets19.0B19.8B18.3B18.6B(12.8B)(12.1B)
Net Receivables80.8M82.1M66.0M88.4M96.3M101.1M
Total Liab26.2B3.5M1.3M31.0B31.5B33.1B
Total Current Assets942.0M2.1B3.1B968.8M556.4M528.6M
Other Current Assets661.8M1.4B2.6B514.5M556.4M528.6M
Short Term Debt1.3B389.6M448.1M1.9B4.0B4.2B
Common Stock94.7M92.6M92.2M91.3M93.7M57.5M
Other Liab140.6M178.5M186.9M127.0M146.0M73.0M
Long Term Debt1.0B1.4B0.01.9B3.7B3.9B
Intangible Assets86.4M73.2M61.7M51.3M64.0M44.8M
Inventory(661.8M)(1.4B)(2.6B)(514.5M)361.8M379.9M
Net Tangible Assets2.7B2.8B3.1B3.4B3.9B2.2B
Capital Surpluse3.7B3.6B3.6B3.5B4.1B2.6B

Prosperity Bancshares Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense137.2M113.2M53.6M89.6M488.1M512.5M
Total Revenue796.8M1.1B1.1B1.1B1.1B1.1B
Gross Profit796.8M1.1B1.1B1.1B1.6B1.7B
Operating Income419.2M645.0M659.7M755.8M691.3M725.8M
Ebit419.2M645.0M659.7M666.2M534.5M323.5M
Ebitda439.5M676.4M689.3M694.5M565.4M339.3M
Income Before Tax419.2M645.0M659.7M666.2M534.5M275.6M
Net Income332.6M528.9M519.3M524.5M419.3M440.3M
Income Tax Expense86.7M116.1M140.4M141.7M115.1M74.2M
Tax Provision86.7M116.1M140.4M141.7M126.0M98.1M
Net Interest Income695.8M1.0B993.3M1.0B975.6M881.2M
Interest Income832.9M1.1B1.0B1.1B1.4B1.0B

Prosperity Bancshares Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash163.0M769.4M1.2B(2.1B)34.3M36.0M
Free Cash Flow384.4M560.2M675.7M464.1M618.4M649.3M
Depreciation20.3M31.4M29.6M28.3M31.0M16.9M
Other Non Cash Items13.3M(444K)51.1M37.1M35.0M36.8M
Dividends Paid128.9M173.8M184.3M193.1M205.7M216.0M
Capital Expenditures18.6M22.1M19.0M42.4M34.2M35.9M
Net Income332.6M528.9M519.3M524.5M419.3M440.3M
End Period Cash Flow574.1M1.3B2.5B424.1M458.4M430.2M
Change To Inventory31.4M44.1M2.0M16.0M(47.0M)(49.3M)
Investments1.3B(1.3B)(4.3B)(2.0B)454.6M477.4M
Net Borrowings18.2M(116.4M)58.5M1.8B2.1B2.2B
Change To Netincome(3.6M)95.6M86.5M55.0M63.2M45.2M

Prosperity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Prosperity Bancshares's current stock value. Our valuation model uses many indicators to compare Prosperity Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prosperity Bancshares competition to find correlations between indicators driving Prosperity Bancshares's intrinsic value. More Info.
Prosperity Bancshares is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.18  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Prosperity Bancshares is roughly  5.52 . At present, Prosperity Bancshares' Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prosperity Bancshares' earnings, one of the primary drivers of an investment's value.

Prosperity Bancshares Systematic Risk

Prosperity Bancshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prosperity Bancshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Prosperity Bancshares correlated with the market. If Beta is less than 0 Prosperity Bancshares generally moves in the opposite direction as compared to the market. If Prosperity Bancshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prosperity Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prosperity Bancshares is generally in the same direction as the market. If Beta > 1 Prosperity Bancshares moves generally in the same direction as, but more than the movement of the benchmark.

Prosperity Bancshares Thematic Clasifications

Prosperity Bancshares is part of several thematic ideas from Macroaxis Index to Banking. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Prosperity Bancshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Prosperity Bancshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Prosperity Bancshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.74)

At present, Prosperity Bancshares' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Prosperity Bancshares November 21, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Prosperity Bancshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prosperity Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prosperity Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Prosperity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prosperity Bancshares's daily price indicators and compare them against related drivers.

Complementary Tools for Prosperity Stock analysis

When running Prosperity Bancshares' price analysis, check to measure Prosperity Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prosperity Bancshares is operating at the current time. Most of Prosperity Bancshares' value examination focuses on studying past and present price action to predict the probability of Prosperity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Bancshares' price. Additionally, you may evaluate how the addition of Prosperity Bancshares to your portfolios can decrease your overall portfolio volatility.
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes