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

Prosperity Bancshares, Inc. (NYSE:PB) – Research analysts at Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for Prosperity Bancshares in a note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now expects that the bank will earn $1.49 per share for the quarter, up from their prior estimate 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.

Prosperity Bancshares (NYSE:PB) last issued its earnings results on Wednesday, January 29th. The bank reported $1.37 EPS for the quarter, beating 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%.

PB has been the subject of a number of other reports. StockNews.com upgraded Prosperity Bancshares from a “sell” rating to a “hold” rating in a research note on Tuesday, March 11th. Barclays upped their target price on Prosperity Bancshares from $84.00 to $88.00 and gave the company an “equal weight” rating in a research note on Friday, December 20th. Morgan Stanley dropped their price objective on Prosperity Bancshares from $102.00 to $94.00 and set an “overweight” rating for the company in a research note on Thursday. Bank of America upgraded Prosperity Bancshares from an “underperform” rating to a “neutral” rating and set a $80.00 price objective for the company in a research note on Tuesday, January 7th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Prosperity Bancshares in a research note on Thursday, December 5th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.50.

Prosperity Bancshares Trading Up 2.4 %

Shares of NYSE PB opened at $70.97 on Friday. The business has a fifty day simple moving average of $76.79 and a 200 day simple moving average of $76.26. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 14.02, a PEG ratio of 0.94 and a beta of 0.94. Prosperity Bancshares has a one year low of $57.16 and a one year high of $86.76.

Prosperity Bancshares Announces Dividend

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 issued a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date of this dividend is Friday, March 14th. Prosperity Bancshares’s dividend payout ratio (DPR) is currently 45.85%.

Insiders Place Their Bets

In other news, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $70.63, for a total transaction of $35,315.00. Following the sale, the director now owns 104,815 shares of the company’s stock, valued at $7,403,083.45. This trade represents a 0.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 5,500 shares of company stock worth $421,905. Insiders own 4.28% of the company’s stock.

Institutional Investors Weigh In On Prosperity Bancshares

A number of hedge funds have recently modified their holdings of the business. Blue Trust Inc. raised its position in shares of Prosperity Bancshares by 14.9% during the fourth quarter. Blue Trust Inc. now owns 987 shares of the bank’s stock worth $71,000 after purchasing an additional 128 shares during the period. CIBC Private Wealth Group LLC raised its position in shares of Prosperity Bancshares by 4.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 3,069 shares of the bank’s stock worth $229,000 after purchasing an additional 128 shares during the period. GAMMA Investing LLC raised its position in shares of Prosperity Bancshares by 20.4% during the fourth quarter. GAMMA Investing LLC now owns 844 shares of the bank’s stock worth $64,000 after purchasing an additional 143 shares during the period. M&T Bank Corp raised its position in shares of Prosperity Bancshares by 0.3% during the third quarter. M&T Bank Corp now owns 45,392 shares of the bank’s stock worth $3,272,000 after purchasing an additional 149 shares during the period. Finally, Sanctuary Advisors LLC raised its position in shares of Prosperity Bancshares by 3.8% during the fourth quarter. Sanctuary Advisors LLC now owns 5,359 shares of the bank’s stock worth $430,000 after purchasing an additional 194 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

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.