Prosperity Bancshares Stock Today

PB Stock  USD 81.70  0.13  0.16%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Prosperity Bancshares is trading at 81.70 as of the 21st of November 2024, a 0.16 percent decrease since the beginning of the trading day. The stock's open price was 81.83. Prosperity Bancshares has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Prosperity Bancshares are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
12th of November 1998
Category
Financial Services
Classification
Financials
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. The company has 95.26 M outstanding shares of which 1.49 M shares are at this time sold short in the market by investors with about 2.74 days to cover all shorted shares. More on Prosperity Bancshares

Moving together with Prosperity Stock

  0.96AX Axos FinancialPairCorr
  0.96BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against Prosperity Stock

  0.51WF Woori Financial GroupPairCorr
  0.42TFC-PO Truist FinancialPairCorr
  0.4TFC-PR Truist FinancialPairCorr
  0.4CFG-PE Citizens FinancialPairCorr

Prosperity Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanDavid Zalman
Thematic Ideas
(View all Themes)
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, Stock Exchange Of, SP Midcap 400, Macroaxis Index, Banking, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Debt Levels
Prosperity Bancshares can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Prosperity Bancshares' financial leverage. It provides some insight into what part of Prosperity Bancshares' total assets is financed by creditors.
Liquidity
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.

Change In Cash

35.99 Million
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. The company currently falls under 'Mid-Cap' category with a market capitalization of 7.78 B. Prosperity Bancshares is active under Banks sector as part of Financials industry. The entity has 95.26 M outstanding shares of which 1.49 M shares are at this time sold short in the market by investors with about 2.74 days to cover all shorted shares. Prosperity Bancshares reports about 608.54 M in cash with 652.53 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.66.
Check Prosperity Bancshares Probability Of Bankruptcy
Ownership Allocation
Prosperity Bancshares owns a total of 95.26 Million outstanding shares. The majority of Prosperity Bancshares outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Prosperity Bancshares to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Prosperity Bancshares. Please pay attention to any change in the institutional holdings of Prosperity Bancshares as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Prosperity Ownership Details

Prosperity Stock Institutional Holders

InstituionRecorded OnShares
Geode Capital Management, Llc2024-06-30
1.7 M
Charles Schwab Investment Management Inc2024-09-30
1.2 M
Snyder Capital Management Lp2024-09-30
1.1 M
Bank Of New York Mellon Corp2024-06-30
935.4 K
Norges Bank2024-06-30
859 K
Verition Fund Managegment, Llc2024-06-30
830.7 K
Thrivent Financial For Lutherans2024-09-30
818.7 K
Vaughan Nelson Scarbrgh & Mccullough Lp2024-06-30
799.1 K
Northern Trust Corp2024-09-30
746.7 K
Vanguard Group Inc2024-09-30
9.7 M
Blackrock Inc2024-06-30
8.8 M
View Prosperity Bancshares Diagnostics

Prosperity Bancshares Historical Income Statement

At present, Prosperity Bancshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 391 M, whereas Depreciation And Amortization is forecasted to decline to about 15.8 M. View More Fundamentals

Prosperity Stock Against Markets

Prosperity Bancshares Corporate Directors

Perry MuellerDirectorProfile
Ned HolmesIndependent DirectorProfile
Harrison StaffordIndependent DirectorProfile
Leah HendersonIndependent DirectorProfile
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.
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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.