FY2025 Earnings Forecast for PB Issued By Zacks Research

Prosperity Bancshares, Inc. (NYSE:PB) – Zacks Research raised their FY2025 earnings per share (EPS) estimates for shares of Prosperity Bancshares in a research report issued to clients and investors on Tuesday, September 9th. Zacks Research analyst Team now anticipates that the bank will earn $5.59 per share for the year, up from their prior forecast of $5.39. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q4 2025 earnings at $1.36 EPS.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings results on Wednesday, July 23rd. The bank reported $1.42 earnings per share for the quarter, topping analysts’ consensus estimates of $1.40 by $0.02. Prosperity Bancshares had a return on equity of 6.99% and a net margin of 29.37%.The firm had revenue of $310.70 million during the quarter, compared to the consensus estimate of $315.66 million. During the same quarter in the prior year, the firm posted $1.22 EPS.

PB has been the subject of a number of other reports. Piper Sandler decreased their price target on Prosperity Bancshares from $86.00 to $84.00 and set an “overweight” rating for the company in a research note on Thursday, July 24th. Hovde Group decreased their price target on Prosperity Bancshares from $85.00 to $83.00 and set an “outperform” rating for the company in a research note on Thursday, July 24th. Jefferies Financial Group started coverage on Prosperity Bancshares in a research note on Wednesday, May 21st. They issued a “buy” rating and a $85.00 price target for the company. Citigroup raised their price target on Prosperity Bancshares from $76.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. Finally, Cantor Fitzgerald started coverage on Prosperity Bancshares in a research note on Wednesday. They issued an “overweight” rating and a $78.00 price target for the company. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Prosperity Bancshares currently has an average rating of “Moderate Buy” and an average price target of $83.75.

Prosperity Bancshares Stock Up 0.6%

NYSE:PB opened at $67.70 on Thursday. Prosperity Bancshares has a twelve month low of $61.57 and a twelve month high of $86.75. The business has a 50 day moving average price of $69.24 and a two-hundred day moving average price of $69.64. The company has a market cap of $6.43 billion, a P/E ratio of 12.31, a price-to-earnings-growth ratio of 1.01 and a beta of 0.74.

Institutional Trading of Prosperity Bancshares

A number of hedge funds have recently modified their holdings of PB. Wealth Enhancement Advisory Services LLC boosted its stake in Prosperity Bancshares by 8.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,362 shares of the bank’s stock valued at $525,000 after purchasing an additional 561 shares during the period. Principal Financial Group Inc. boosted its stake in Prosperity Bancshares by 0.4% in the 1st quarter. Principal Financial Group Inc. now owns 219,056 shares of the bank’s stock valued at $15,634,000 after purchasing an additional 855 shares during the period. Envestnet Asset Management Inc. boosted its stake in Prosperity Bancshares by 1.8% in the 1st quarter. Envestnet Asset Management Inc. now owns 58,236 shares of the bank’s stock valued at $4,156,000 after purchasing an additional 1,016 shares during the period. Teacher Retirement System of Texas boosted its stake in Prosperity Bancshares by 23.1% in the 1st quarter. Teacher Retirement System of Texas now owns 21,818 shares of the bank’s stock valued at $1,557,000 after purchasing an additional 4,098 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Prosperity Bancshares by 9.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,968 shares of the bank’s stock valued at $212,000 after purchasing an additional 249 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Activity

In other news, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $67.19, for a total transaction of $33,595.00. Following the completion of the sale, the director owned 93,415 shares in the company, valued at approximately $6,276,553.85. This trade represents a 0.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 15,400 shares of company stock worth $1,069,500. Company insiders own 4.20% of the company’s stock.

Prosperity Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, September 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is currently 42.18%.

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.