What is Zacks Research’s Estimate for PB Q1 Earnings?

Prosperity Bancshares, Inc. (NYSE:PB) – Equities research analysts at Zacks Research increased their Q1 2026 earnings estimates for Prosperity Bancshares in a research report issued to clients and investors on Tuesday, March 11th. Zacks Research analyst R. Department now anticipates that the bank will earn $1.49 per share for the quarter, up from their previous forecast of $1.48. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ FY2026 earnings at $6.32 EPS.

Other equities analysts also recently issued research reports about the company. Bank of America upgraded Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 target price on the stock in a report on Tuesday, January 7th. Wolfe Research reiterated a “peer perform” rating on shares of Prosperity Bancshares in a report on Thursday, December 5th. Stephens upped their target price on Prosperity Bancshares from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Morgan Stanley dropped their target price on Prosperity Bancshares from $102.00 to $94.00 and set an “overweight” rating on the stock in a report on Thursday. Finally, StockNews.com upgraded Prosperity Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, March 11th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Prosperity Bancshares has an average rating of “Moderate Buy” and a consensus price target of $83.50.

Prosperity Bancshares Trading Up 2.4 %

NYSE PB opened at $70.97 on Friday. The stock’s 50-day moving average price is $76.79 and its two-hundred day moving average price is $76.26. The company has a market cap of $6.76 billion, a PE ratio of 14.02, a PEG ratio of 0.94 and a beta of 0.94. Prosperity Bancshares has a 1 year low of $57.16 and a 1 year high of $86.76.

Prosperity Bancshares (NYSE:PB) last issued its quarterly earnings results on Wednesday, January 29th. The bank reported $1.37 EPS for the quarter, topping the consensus estimate of $1.33 by $0.04. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%.

Institutional Investors Weigh In On Prosperity Bancshares

A number of large investors have recently added to or reduced their stakes in PB. Norges Bank bought a new stake in Prosperity Bancshares during the fourth quarter worth approximately $68,986,000. North Reef Capital Management LP acquired a new position in shares of Prosperity Bancshares during the fourth quarter worth approximately $29,211,000. Point72 Asset Management L.P. acquired a new position in shares of Prosperity Bancshares during the third quarter worth approximately $16,478,000. Northern Trust Corp lifted its holdings in shares of Prosperity Bancshares by 25.5% during the fourth quarter. Northern Trust Corp now owns 937,108 shares of the bank’s stock worth $70,611,000 after buying an additional 190,449 shares during the last quarter. Finally, ExodusPoint Capital Management LP lifted its holdings in shares of Prosperity Bancshares by 462.3% during the fourth quarter. ExodusPoint Capital Management LP now owns 169,778 shares of the bank’s stock worth $12,793,000 after buying an additional 139,585 shares during the last quarter. Institutional investors own 80.69% of the company’s stock.

Insiders Place Their Bets

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was sold at an average price of $78.48, for a total transaction of $39,240.00. Following the completion of the sale, the director now owns 110,815 shares of the company’s stock, valued at $8,696,761.20. This represents a 0.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 5,500 shares of company stock valued at $421,905 over the last 90 days. 4.28% of the stock is currently owned by company insiders.

Prosperity Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Friday, March 14th will be given a dividend of $0.58 per share. The ex-dividend date is Friday, March 14th. This represents a $2.32 dividend on an annualized basis and a yield of 3.27%. Prosperity Bancshares’s payout ratio is currently 45.85%.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.