Lori Wakefield - Prosperity Bancshares VP Bank

PB Stock  USD 82.34  0.64  0.78%   

Insider

Lori Wakefield is VP Bank of Prosperity Bancshares
Address Prosperity Bank Plaza, Houston, TX, United States, 77027
Phone281 269 7199
Webhttps://www.prosperitybankusa.com

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).
Prosperity Bancshares reports 3.73 B of total liabilities with total debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from financial leverage. Note however, debt could still be an excellent tool for Prosperity to invest in growth at high rates of return.

Similar Executives

Showing other executives

INSIDER Age

Carole KilpatrickCullenFrost Bankers
N/A
Mark FrankHeartland Financial USA
64
Derek SchmidtInternational Bancshares
N/A
Sean HamptonBOK Financial
N/A
Leane CervenFinward Bancorp
66
William DiFilippoCullenFrost Bankers
N/A
CPA CPAUnited Bankshares
64
MD AdamsUnited Bankshares
56
Coolidge RhodesCullenFrost Bankers
N/A
Tommy BarrowFirst Financial Bankshares
N/A
Jay EsqHeartland Financial USA
60
Patricia SchulzFirst Financial Bankshares
N/A
Henry LitchfieldBank7 Corp
36
Megan PelletierHomeTrust Bancshares
45
Matthew SealyBusiness First Bancshares
N/A
Bonnie ZelwakHomeTrust Bancshares
N/A
Jeffrey MissmanCommerce Bancshares
N/A
Douglas HainesBank7 Corp
67
Diana OlveiraHeritage Commerce Corp
N/A
Ignacio UrrabazoInternational Bancshares
N/A
Thomas NoackCommerce Bancshares
N/A
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. Prosperity Bancshares (PB) is traded on New York Stock Exchange in USA. It is located in Prosperity Bank Plaza, Houston, TX, United States, 77027 and employs 3,896 people. Prosperity Bancshares is listed under Regional Banks category by Fama And French industry classification.

Management Performance

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.

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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.