Prosperity Bancshares (PB) Projected to Announce Quarterly Earnings on Wednesday

Prosperity Bancshares (NYSE:PBGet Free Report) will likely be releasing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Prosperity Bancshares to announce earnings of $1.54 per share and revenue of $380.7270 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 11:30 AM ET.

Prosperity Bancshares (NYSE:PBGet Free Report) last released its quarterly earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.09. The business had revenue of $367.62 million during the quarter, compared to analyst estimates of $358.60 million. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.Prosperity Bancshares’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.37 earnings per share. On average, analysts expect Prosperity Bancshares to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Prosperity Bancshares Stock Performance

Shares of PB opened at $73.11 on Monday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.01. The business has a 50-day simple moving average of $71.11 and a two-hundred day simple moving average of $70.18. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 13.24, a PEG ratio of 1.17 and a beta of 0.63. Prosperity Bancshares has a 52 week low of $61.06 and a 52 week high of $77.20.

Prosperity Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Prosperity Bancshares’s payout ratio is presently 43.48%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on PB. Piper Sandler boosted their price objective on Prosperity Bancshares from $74.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Benchmark assumed coverage on shares of Prosperity Bancshares in a research note on Wednesday, June 24th. They set a “hold” rating on the stock. Weiss Ratings raised shares of Prosperity Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 1st. Citigroup upped their price target on shares of Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $80.00 price objective on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Five analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $76.36.

Check Out Our Latest Stock Analysis on PB

Insider Activity

In related news, Director Ned S. Holmes sold 600 shares of the stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $70.61, for a total transaction of $42,366.00. Following the completion of the sale, the director owned 39,800 shares in the company, valued at approximately $2,810,278. This trade represents a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 12,100 shares of company stock worth $849,312 in the last three months. Company insiders own 3.96% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Prosperity Bancshares by 21.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,198 shares of the bank’s stock valued at $2,155,000 after buying an additional 5,326 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Prosperity Bancshares by 36.8% during the first quarter. NewEdge Advisors LLC now owns 7,295 shares of the bank’s stock valued at $521,000 after buying an additional 1,962 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Prosperity Bancshares by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 346,151 shares of the bank’s stock worth $24,705,000 after buying an additional 17,345 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Prosperity Bancshares by 182.8% in the first quarter. Jane Street Group LLC now owns 104,755 shares of the bank’s stock worth $7,476,000 after buying an additional 67,712 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of Prosperity Bancshares during the second quarter worth $359,000. 80.69% of the stock is currently owned by institutional investors.

Prosperity Bancshares Company Profile

(Get Free Report)

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.

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Earnings History for Prosperity Bancshares (NYSE:PB)

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