FY2025 Earnings Forecast for PB Issued By Zacks Research

Prosperity Bancshares, Inc. (NYSE:PB) – Analysts at Zacks Research raised their FY2025 earnings per share estimates for shares of Prosperity Bancshares in a research note issued to investors on Tuesday, September 9th. Zacks Research analyst Team now expects that the bank will post earnings per share of $5.59 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 announced its quarterly earnings results on Wednesday, July 23rd. The bank reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.02. The business had revenue of $310.70 million during the quarter, compared to analyst estimates of $315.66 million. Prosperity Bancshares had a return on equity of 6.99% and a net margin of 29.37%.During the same period in the previous year, the company earned $1.22 EPS.

Other research analysts have also issued reports about the company. Cantor Fitzgerald started coverage on Prosperity Bancshares in a report on Wednesday. They set an “overweight” rating and a $78.00 price target for the company. Hovde Group cut their price target on Prosperity Bancshares from $85.00 to $83.00 and set an “outperform” rating for the company in a report on Thursday, July 24th. Piper Sandler cut their price target on Prosperity Bancshares from $86.00 to $84.00 and set an “overweight” rating for the company in a report on Thursday, July 24th. Jefferies Financial Group initiated coverage on Prosperity Bancshares in a research report on Wednesday, May 21st. They set a “buy” rating and a $85.00 price objective on the stock. Finally, Citigroup boosted their price objective on Prosperity Bancshares from $76.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Eleven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $83.75.

Prosperity Bancshares Stock Performance

PB opened at $67.70 on Thursday. The business has a 50 day moving average price of $69.24 and a 200 day moving average price of $69.64. Prosperity Bancshares has a twelve month low of $61.57 and a twelve month high of $86.75. The firm 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.

Hedge Funds Weigh In On Prosperity Bancshares

Several large investors have recently made changes to their positions in the company. State Street Corp lifted its stake in shares of Prosperity Bancshares by 3.2% during the second quarter. State Street Corp now owns 5,236,977 shares of the bank’s stock valued at $370,768,000 after acquiring an additional 160,740 shares during the period. Dimensional Fund Advisors LP lifted its stake in Prosperity Bancshares by 2.2% in the first quarter. Dimensional Fund Advisors LP now owns 4,688,304 shares of the bank’s stock valued at $334,595,000 after buying an additional 102,044 shares during the period. T. Rowe Price Investment Management Inc. lifted its stake in Prosperity Bancshares by 14.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 3,232,995 shares of the bank’s stock valued at $230,739,000 after buying an additional 412,283 shares during the period. AQR Capital Management LLC lifted its stake in Prosperity Bancshares by 175.1% in the second quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock valued at $167,393,000 after buying an additional 1,516,939 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Prosperity Bancshares by 0.7% in the second quarter. Geode Capital Management LLC now owns 1,788,114 shares of the bank’s stock valued at $125,615,000 after buying an additional 11,606 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insiders Place Their Bets

In other news, Director Ned S. Holmes sold 500 shares of the stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $67.19, for a total transaction of $33,595.00. Following the sale, the director owned 93,415 shares in the company, valued at approximately $6,276,553.85. This represents a 0.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 15,400 shares of company stock valued at $1,069,500 in the last quarter. Corporate insiders own 4.20% of the company’s stock.

Prosperity Bancshares Dividend Announcement

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

About Prosperity Bancshares

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.