Zacks Research Has Optimistic Outlook of PB Q1 Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Research analysts at Zacks Research upped their Q1 2025 earnings per share estimates for shares of Prosperity Bancshares in a research note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the bank will post earnings of $1.35 per share for the quarter, up from their prior estimate of $1.34. 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 $1.51 EPS, FY2025 earnings at $5.73 EPS, Q4 2026 earnings at $1.67 EPS and FY2027 earnings at $7.20 EPS.

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

A number of other research analysts have also weighed in on the company. StockNews.com raised Prosperity Bancshares from a “sell” rating to a “hold” rating in a research report on Tuesday. Raymond James upped their price target on shares of Prosperity Bancshares from $82.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, January 30th. Wolfe Research restated a “peer perform” rating on shares of Prosperity Bancshares in a research note on Thursday, December 5th. Stephens upped their target price on shares of Prosperity Bancshares from $93.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, UBS Group reduced their price target on shares of Prosperity Bancshares from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Thursday, December 26th. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Prosperity Bancshares currently has an average rating of “Moderate Buy” and a consensus target price of $83.50.

Prosperity Bancshares Trading Up 2.4 %

NYSE:PB opened at $70.97 on Thursday. Prosperity Bancshares has a 12 month low of $57.16 and a 12 month high of $86.76. The stock has a market cap of $6.76 billion, a price-to-earnings ratio of 14.02, a P/E/G ratio of 0.94 and a beta of 0.94. The company has a 50-day moving average price of $76.87 and a 200-day moving average price of $76.25.

Hedge Funds Weigh In On Prosperity Bancshares

Several hedge funds have recently added to or reduced their stakes in PB. Blue Trust Inc. grew its position in Prosperity Bancshares by 14.9% in the 4th quarter. Blue Trust Inc. now owns 987 shares of the bank’s stock valued at $71,000 after acquiring an additional 128 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in Prosperity Bancshares by 4.4% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,069 shares of the bank’s stock worth $229,000 after buying an additional 128 shares during the period. GAMMA Investing LLC boosted its position in Prosperity Bancshares by 20.4% in the 4th quarter. GAMMA Investing LLC now owns 844 shares of the bank’s stock valued at $64,000 after buying an additional 143 shares during the period. M&T Bank Corp grew its stake in Prosperity Bancshares by 0.3% in the 3rd quarter. M&T Bank Corp now owns 45,392 shares of the bank’s stock worth $3,272,000 after acquiring an additional 149 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Prosperity Bancshares by 3.4% during the third quarter. US Bancorp DE now owns 4,720 shares of the bank’s stock worth $340,000 after acquiring an additional 153 shares during the period. 80.69% of the stock is currently owned by institutional investors.

Insider Transactions at Prosperity Bancshares

In other Prosperity Bancshares news, Director Ned S. Holmes sold 500 shares of Prosperity Bancshares stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $80.01, for a total transaction of $40,005.00. Following the completion of the transaction, the director now directly owns 107,315 shares of the company’s stock, valued at $8,586,273.15. The trade was a 0.46 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 5,500 shares of company stock valued at $421,905. 4.28% of the stock is currently owned by corporate insiders.

Prosperity Bancshares Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Friday, March 14th. 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.