Equities Analysts Set Expectations for PB Q1 Earnings

Prosperity Bancshares, Inc. (NYSE:PBFree Report) – Stock analysts at Zacks Research lowered their Q1 2026 EPS estimates for shares of Prosperity Bancshares in a report issued on Wednesday, February 18th. Zacks Research analyst Team now forecasts that the bank will post earnings per share of $1.35 for the quarter, down from their prior estimate of $1.37. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.59 EPS, Q4 2026 earnings at $1.66 EPS, FY2026 earnings at $6.08 EPS, Q1 2027 earnings at $1.53 EPS, Q2 2027 earnings at $1.70 EPS, Q3 2027 earnings at $2.03 EPS, Q4 2027 earnings at $1.98 EPS and FY2027 earnings at $7.25 EPS.

Prosperity Bancshares (NYSE:PBGet Free Report) last released its quarterly earnings results on Wednesday, January 28th. The bank reported $1.46 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.01. Prosperity Bancshares had a return on equity of 7.11% and a net margin of 31.22%.The business had revenue of $317.73 million during the quarter, compared to analysts’ expectations of $319.30 million. During the same period last year, the firm posted $1.37 EPS. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year.

A number of other research analysts have also recently issued reports on the company. Hovde Group lifted their target price on Prosperity Bancshares from $75.00 to $77.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. DA Davidson reaffirmed a “neutral” rating and set a $76.00 price target on shares of Prosperity Bancshares in a report on Thursday, January 29th. TD Cowen reissued a “buy” rating on shares of Prosperity Bancshares in a research note on Wednesday, January 7th. Raymond James Financial cut shares of Prosperity Bancshares from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 7th. Finally, Janney Montgomery Scott downgraded Prosperity Bancshares from a “buy” rating to a “neutral” rating in a report on Tuesday, February 3rd. Seven analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $78.77.

Check Out Our Latest Research Report on PB

Prosperity Bancshares Stock Performance

NYSE:PB opened at $70.96 on Monday. The company has a market cap of $6.74 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 0.99 and a beta of 0.67. The stock has a fifty day moving average price of $71.80 and a 200-day moving average price of $68.77. Prosperity Bancshares has a fifty-two week low of $61.06 and a fifty-two week high of $77.92.

Institutional Trading of Prosperity Bancshares

Several hedge funds have recently bought and sold shares of PB. Y Intercept Hong Kong Ltd increased its position in shares of Prosperity Bancshares by 231.1% in the third quarter. Y Intercept Hong Kong Ltd now owns 53,875 shares of the bank’s stock worth $3,575,000 after purchasing an additional 37,602 shares during the last quarter. Boston Partners lifted its position in Prosperity Bancshares by 68.9% during the second quarter. Boston Partners now owns 554,502 shares of the bank’s stock valued at $38,945,000 after purchasing an additional 226,232 shares during the last quarter. SG Americas Securities LLC grew its stake in Prosperity Bancshares by 634.1% in the 3rd quarter. SG Americas Securities LLC now owns 16,371 shares of the bank’s stock worth $1,086,000 after buying an additional 14,141 shares in the last quarter. Pacer Advisors Inc. purchased a new position in Prosperity Bancshares in the 3rd quarter worth approximately $1,488,000. Finally, Angel Oak Capital Advisors LLC increased its holdings in shares of Prosperity Bancshares by 39.0% in the 2nd quarter. Angel Oak Capital Advisors LLC now owns 13,900 shares of the bank’s stock worth $976,000 after buying an additional 3,900 shares during the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Insider Activity at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 500 shares of Prosperity Bancshares stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $76.08, for a total value of $38,040.00. Following the completion of the transaction, the director directly owned 82,415 shares of the company’s stock, valued at approximately $6,270,133.20. This trade represents a 0.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last 90 days, insiders have sold 13,950 shares of company stock valued at $997,051. Corporate insiders own 4.20% of the company’s stock.

Prosperity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a $0.60 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.4%. Prosperity Bancshares’s payout ratio is 41.88%.

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 and Estimates for Prosperity Bancshares (NYSE:PB)

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