David Zalman - Prosperity Bancshares Chairman
| PB Stock | USD 82.34 0.64 0.78% |
Chairman
Mr. David Zalman is Chairman of the Board, Chief Executive Officer, Senior Chairman of the Board and Chief Executive Officer of the Bank. Mr. Zalman joined the Bank as President in 1986, became Chairman of the Board and Chief Executive Officer in 2001 and Senior Chairman and Chief Executive Officer in 2005. Mr. Zalman became a director and Vice PresidentSecretary of the Company in 1987, President in 2000, President and Chief Executive Officer in 2001 and Chairman of the Board and Chief Executive Officer in 2006. From 1978 to 1986, Mr. Zalman was employed by Commercial State Bank in El Campo, beginning as cashier and rising to become Chief Executive Officer since 2019.
| Age | 67 |
| Tenure | 5 years |
| Address | Prosperity Bank Plaza, Houston, TX, United States, 77027 |
| Phone | 281 269 7199 |
| Web | https://www.prosperitybankusa.com |
David Zalman Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Zalman against Prosperity Bancshares stock is an integral part of due diligence when investing in Prosperity Bancshares. David Zalman insider activity provides valuable insight into whether Prosperity Bancshares is net buyers or sellers over its current business cycle. Note, Prosperity Bancshares insiders must abide by specific rules, including filing SEC forms every time they buy or sell Prosperity Bancshares'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Zalman over six months ago Acquisition by David Zalman of 2372 shares of Prosperity Bancshares subject to Rule 16b-3 | ||
David Zalman over a year ago Prosperity Bancshares exotic insider transaction detected | ||
David Zalman over a year ago Prosperity Bancshares exotic insider transaction detected |
Prosperity Bancshares Management Efficiency
The company has Return on Asset (ROA) of 0.0112 % which means that for every $100 of assets, it generated a profit of $0.0112. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0618 %, which means that it produced $0.0618 on every 100 dollars invested by current stockholders. Prosperity Bancshares' management efficiency ratios could be used to measure how well Prosperity Bancshares manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Prosperity Bancshares' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 53.4 B, whereas Non Currrent Assets Other are projected to grow to (15.9 B).Similar Executives
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Management Performance
| Return On Equity | 0.0618 | |||
| Return On Asset | 0.0112 |
Prosperity Bancshares Leadership Team
Elected by the shareholders, the Prosperity Bancshares' board of directors comprises two types of representatives: Prosperity Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prosperity. The board's role is to monitor Prosperity Bancshares' management team and ensure that shareholders' interests are well served. Prosperity Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prosperity Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
| George Fisk, Independent Director | ||
| Charlotte JD, Executive Counsel | ||
| Lori Wakefield, VP Bank | ||
| Randy Hester, Chief Lending Officer, Executive VP, Chief Lending Officer of Prosperity Bank and Sr. Executive VP of Prosperity Bank | ||
| J Davenport, Executive Vice President and Director of Corporate Strategy of the Company and Senior Executive Vice President and Director of Corporate Strategy of the Bank | ||
| Mike Reaves, VP Bank | ||
| Denny Buchanan, VP Bank | ||
| Chip Bray, President Bank | ||
| Perry Mueller, Director | ||
| Bruce Hunt, Independent Director | ||
| Kevin Hanigan, President, Chief Operating Officer, Director | ||
| Perry Johnson, President Center | ||
| David Zalman, Senior Chairman of the Board, Chief Executive Officer, Senior Chairman of the Board and Chief Executive Officer of the Bank | ||
| Charlotte Rasche, Executive Vice President, General Counsel, Senior Executive Vice President and General Counsel of the Bank | ||
| Ned Holmes, Independent Director | ||
| H Timanus, Vice Chairman of the Board of the Company, Chairman of the Board and Chief Operating Officer of the Bank | ||
| Harrison Stafford, Independent Director | ||
| Annette Tripp, Senior Counsel | ||
| Asylbek Osmonov, Chief Financial Officer | ||
| John Davenport, Executive Strategy | ||
| Leah Henderson, Independent Director | ||
| Robert Dowdell, Executive Vice President of the Company and Senior Executive Vice President of the Bank | ||
| William Luedke, Independent Director | ||
| Robert Steelhammer, Independent Director | ||
| Edward Safady, Advisory Director, Vice Chairman, Director and Vice Chairman of Bank | ||
| William Collier, Director | ||
| Jack Lord, Independent Director | ||
| James Bouligny, Presiding Independent Director | ||
| Kevin Kaplan, President Bank |
Prosperity Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Prosperity Bancshares a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0618 | |||
| Return On Asset | 0.0112 | |||
| Profit Margin | 0.39 % | |||
| Operating Margin | 0.57 % | |||
| Current Valuation | 9.74 B | |||
| Shares Outstanding | 95.26 M | |||
| Shares Owned By Insiders | 4.21 % | |||
| Shares Owned By Institutions | 83.40 % | |||
| Number Of Shares Shorted | 1.49 M | |||
| Price To Earning | 13.51 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.