Zacks Research Issues Positive Outlook for PB Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Investment analysts at Zacks Research boosted their Q3 2026 earnings per share estimates for Prosperity Bancshares in a research report issued to clients and investors on Wednesday, August 19th. Zacks Research analyst Team now forecasts that the bank will post earnings per share of $1.61 for the quarter, up from their prior forecast of $1.58. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $6.45 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q4 2026 earnings at $1.67 EPS, FY2026 earnings at $6.40 EPS, Q1 2027 earnings at $1.69 EPS, Q2 2027 earnings at $1.77 EPS, Q3 2027 earnings at $1.81 EPS, Q4 2027 earnings at $1.95 EPS, FY2027 earnings at $7.22 EPS, Q1 2028 earnings at $1.95 EPS and Q2 2028 earnings at $1.92 EPS.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings data on Wednesday, July 29th. The bank reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.12. The business had revenue of $369.18 million for the quarter, compared to the consensus estimate of $380.73 million. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.The business’s revenue for the quarter was up 25.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.42 EPS.

Other equities analysts also recently issued research reports about the stock. Cantor Fitzgerald restated an “overweight” rating and issued a $80.00 price objective on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Piper Sandler boosted their price objective on Prosperity Bancshares from $75.00 to $80.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Royal Bank Of Canada increased their price objective on Prosperity Bancshares from $78.00 to $80.00 and gave the company a “sector perform” rating in a report on Thursday, July 30th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $80.00 target price (down from $85.00) on shares of Prosperity Bancshares in a report on Monday, July 6th. Finally, TD Cowen upped their price target on shares of Prosperity Bancshares from $82.00 to $84.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Five research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $78.36.

Prosperity Bancshares Stock Down 1.9%

Shares of NYSE:PB opened at $72.94 on Thursday. The company has a market capitalization of $7.36 billion, a PE ratio of 12.64, a P/E/G ratio of 0.81 and a beta of 0.64. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.01. Prosperity Bancshares has a twelve month low of $61.06 and a twelve month high of $77.20. The firm has a 50 day simple moving average of $72.98 and a 200-day simple moving average of $70.49.

Prosperity Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio is presently 41.59%.

Insider Transactions at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 600 shares of Prosperity Bancshares stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $69.30, for a total transaction of $41,580.00. Following the completion of the sale, the director directly owned 40,400 shares in the company, valued at approximately $2,799,720. This trade represents a 1.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 12,100 shares of company stock valued at $872,923 over the last three months. Company insiders own 3.96% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Danske Bank A S acquired a new position in shares of Prosperity Bancshares during the 3rd quarter worth $40,000. SouthState Bank Corp acquired a new stake in Prosperity Bancshares in the 4th quarter valued at about $49,000. Osaic Holdings Inc. grew its stake in Prosperity Bancshares by 34.9% in the 2nd quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock valued at $51,000 after acquiring an additional 186 shares during the last quarter. Global Retirement Partners LLC purchased a new position in Prosperity Bancshares during the 2nd quarter valued at about $54,000. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Prosperity Bancshares during the 4th quarter valued at about $55,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Key Stories Impacting Prosperity Bancshares

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Zacks Research raised several earnings forecasts. Estimates increased for Q3 2026 EPS to $1.61 from $1.58, Q4 2026 EPS to $1.67 from $1.63, FY2026 EPS to $6.40 from $6.24, Q1 2027 EPS to $1.69 from $1.64, Q2 2027 EPS to $1.77 from $1.74, and FY2027 EPS to $7.22 from $7.16. The revisions suggest improving expectations for Prosperity Bancshares’ earnings trajectory.
• Neutral Sentiment: Overall analyst revisions were mixed. Zacks lowered its Q3 2027 EPS estimate to $1.81 from $1.85 and Q2 2028 EPS to $1.92 from $1.93, while raising its Q4 2027 estimate to $1.95 from $1.92 and Q1 2028 estimate to $1.95 from $1.90. Zacks’ FY2026 forecast of $6.40 remains slightly below the broader consensus estimate of $6.45.
• Negative Sentiment: Director Ned S. Holmes sold a combined 1,100 shares at average prices of approximately $73.64–$73.67, for total proceeds of $81,022. The transactions reduced his direct holdings by roughly 2.2% in aggregate, although he continues to own a substantial number of shares. The sales may weigh modestly on sentiment. SEC insider ownership filing

Prosperity Bancshares Company Profile

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.