Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
12 November 1998Website:
http://www.prosperitybankusa.comNext earnings report:
24 July 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Mon, 01 Jul 2024 20:03:58 GMTAnalysts recommendations
Institutional Ownership
PB Latest News
Prosperity Bancshares (PB) is well-positioned for growth given strategic acquisitions, improving deposit mix and decent loan demand. However, contracting NIM and weak mortgage income are woes.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?
Prosperity Bancshares is an attractive bank for dividend investors, with a growing dividend and low cost of deposits. The bank operates in fast-growing metropolitan areas in Texas and Oklahoma, which provide strong growth prospects. While loan growth is currently slow, the bank has the capital to increase its loan portfolio and expects growth to pick up with rate cuts.
Prosperity Bancshares' (PB) strategic acquisitions, solid loan and deposit balances alongside decent fee income aid top-line growth. Yet, weak mortgage income and subdued net interest margin are woes.
Are dividends a valuable perk for shareholders, and is Prosperity Bancshares (PB) a strong contender in this regard?
Are dividends a valuable perk for shareholders, and is Prosperity Bancshares (PB) a strong contender for dividend stocks?
PB exceeded expectations in the first quarter with strong non-interest income and no provisions, but lower net interest income and increased expenses were disappointing.
Prosperity Bancshares (PB) announces the completion of its merger with Lone Star. The merger will enhance its West Texas footprint to 49 banking centers.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?
Prosperity Bancshares' (PB) strong loans and deposit balance, and efforts to bolster fee income are likely to aid the top line. However, pressure on NIM, high costs and weak mortgage income are woes.
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What type of business is Prosperity Bancshares?
Prosperity Bancshares, Inc. is a regional financial holding company that provides a wide range of financial products and services to businesses and consumers in Texas and Oklahoma. The company was formed in 1983 and is headquartered in Houston, Texas. The company has over 250 branches that offer a full range of traditional deposit and loan services. Prosperity Bancshares, Inc. generates a large portion of its revenue from interest income on loans, service charges and fees on customer accounts, and income from investments in securities. The company also earns revenue from various additional products and services, including trust services, mortgage lending, brokerage services, credit cards, and sponsor operations of independent trading organizations.
What sector is Prosperity Bancshares in?
Prosperity Bancshares is in the Financial Services sector
What industry is Prosperity Bancshares in?
Prosperity Bancshares is in the Banks - Regional industry
What country is Prosperity Bancshares from?
Prosperity Bancshares is headquartered in United States
When did Prosperity Bancshares go public?
Prosperity Bancshares initial public offering (IPO) was on 12 November 1998
What is Prosperity Bancshares website?
https://www.prosperitybankusa.com
Is Prosperity Bancshares in the S&P 500?
No, Prosperity Bancshares is not included in the S&P 500 index
Is Prosperity Bancshares in the NASDAQ 100?
No, Prosperity Bancshares is not included in the NASDAQ 100 index
Is Prosperity Bancshares in the Dow Jones?
No, Prosperity Bancshares is not included in the Dow Jones index
When does Prosperity Bancshares report earnings?
The next expected earnings date for Prosperity Bancshares is 24 July 2024