Prosperity Bancshares Inc. (PB) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$1.55	$1.62	+4.5%	—	$375.1M	—
Q1 26	$1.45	$1.5	+3.4%	—	$349.5M	—
Q4 25	$1.45	$1.46	+0.7%	—	$305.1M	—
Q3 25	$1.44	$1.45	+0.7%	—	$302.2M	—
Q2 25	$1.41	$1.42	+0.7%	—	$298.6M	—
Q1 25	$1.35	$1.37	+1.5%	—	$295.3M	—
Q4 24	$1.33	$1.37	+3.0%	—	$295.3M	—
Q3 24	$1.31	$1.34	+2.3%	—	$290.8M	—
Q2 24	$1.2	$1.17	-2.5%	—	$292.8M	—
Q1 24	$1.16	$1.18	+1.7%	—	$266.1M	—
Q4 23	$1.19	$1.02	-14.3%	—	$262.8M	—
Q3 23	$1.2	$1.2	0.0%	—	$267.3M	—
Q2 23	$1.22	$0.94	-23.0%	—	$265.8M	—
Q1 23	$1.35	$1.37	+1.5%	—	$272.2M	—
Q4 22	$1.5	$1.51	+0.7%	—	$284.1M	—
Q3 22	$1.49	$1.49	0.0%	—	$285.9M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.72	—	—	$1.2B	—
FY24	—	$5.05	—	—	$1.1B	—
FY23	—	$4.51	—	—	$1.1B	—
FY22	—	$5.73	—	—	$1.1B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$734M	$716.3M	$727.8M	$796.4M	$1.1B	$1.1B	$1.1B	$1.1B	$1.1B	$1.2B
YoY change	-0.21%	-2.42%	+1.61%	+9.43%	+40.9%	-2.12%	+1.35%	-4.03%	+7.2%	+4.91%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	734M	716.3M	727.8M	796.4M	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B
Cost of revenue	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	231.8M	226.7M	240.7M	255.5M	322.6M	328.5M	333.5M	375.6M	386.6M	378M
Operating expenses	231.8M	226.7M	240.7M	255.5M	322.6M	328.5M	333.5M	375.6M	386.6M	378M
Operating income	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—
Pretax income	408.7M	406.1M	403M	419.2M	645M	659.7M	666.2M	534.5M	612.7M	693.6M
Income tax	134.2M	133.9M	81.2M	86.7M	116.1M	140.4M	141.7M	115.1M	133.3M	150.7M
Net income	274.5M	272.2M	321.8M	332.6M	528.9M	519.3M	524.5M	419.3M	479.4M	542.8M
Net margin	37.4%	38%	44.2%	41.8%	47.1%	47.3%	47.1%	39.3%	41.9%	45.2%
EBITDA	—	—	—	—	—	—	—	—	—	—
EPS	3.94	3.92	4.61	4.52	5.68	5.6	5.73	4.51	5.05	5.72
Diluted EPS	3.94	3.92	4.61	4.52	5.68	5.6	5.73	4.51	5.05	5.72

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	267.3M	262.8M	266.1M	292.8M	290.8M	295.3M	295.3M	298.6M	302.2M	305.1M	349.5M	375.1M
Cost of revenue	—	—	—	—	—	—	—	—	—	—	—	—
Gross profit	—	—	—	—	—	—	—	—	—	—	—	—
Gross margin	—	—	—	—	—	—	—	—	—	—	—	—
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	90.6M	112.4M	91.3M	99.9M	94.1M	101.3M	95.3M	92.8M	93.1M	96.8M	115.3M	116.3M
Operating expenses	90.6M	112.4M	91.3M	99.9M	94.1M	101.3M	95.3M	92.8M	93.1M	96.8M	115.3M	116.3M
Operating income	—	—	—	—	—	—	—	—	—	—	—	—
Operating margin	—	—	—	—	—	—	—	—	—	—	—	—
Non-operating income, net	—	—	—	—	—	—	—	—	—	—	—	—
Pretax income	142.6M	121.4M	141.3M	142.9M	162.5M	166.1M	166.4M	172.1M	176M	179M	150.3M	215.1M
Income tax	30.4M	25.9M	30.8M	31.3M	35.2M	36M	36.2M	37M	38.5M	39.1M	34.1M	46.5M
Net income	112.2M	95.5M	110.4M	111.6M	127.3M	130.1M	130.2M	135.2M	137.6M	139.9M	116.3M	168.6M
Net margin	42%	36.3%	41.5%	38.1%	43.8%	44.1%	44.1%	45.3%	45.5%	45.9%	33.3%	44.9%
EBITDA	—	—	—	—	—	—	—	—	—	—	—	—
EPS	1.2	1.02	1.18	1.17	1.34	1.37	1.37	1.42	1.45	1.49	1.16	1.67
Diluted EPS	1.2	1.02	1.18	1.17	1.34	1.37	1.37	1.42	1.45	1.49	1.16	1.67

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	5B	4.9B	4.3B	5.3B	—	6.7B	6.7B	6.3B	7.2B	6.6B	8.1B
Enterprise value	5.3B	4.8B	4.9B	5.9B	—	3.6B	9.5B	9.1B	-2.6B	-3.8B	9.1B
Shares outstanding	69.7M	69.5M	69.8M	73.5M	93.1M	92.7M	91.6M	92.9M	95M	94.9M	94.9M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	18.2	17.9	13.5	15.9	—	12.9	12.7	15	14.9	12.1	11.7
P/S	6.81	6.8	5.98	6.64	—	6.1	5.98	5.89	6.25	5.46	5.81
P/B	1.37	1.27	1.07	0.89	—	1.04	0.99	0.89	0.96	0.86	0.82
EV/Sales	7.27	6.65	6.71	7.35	—	3.31	8.51	8.54	-2.26	-3.14	6.55
Earnings yield	5.49%	5.59%	7.4%	6.29%	—	7.75%	7.88%	6.66%	6.7%	8.28%	8.51%
FCF yield	6.59%	7.79%	7.01%	7.27%	—	10.1%	6.97%	9.73%	6.31%	7.88%	6.71%
PEG	—	—	—	—	—	—	—	—	—	—	0.67

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Operating margin	—	—	—	—	—	—	—	—	—	—	58%
Net margin	37.4%	38%	44.2%	41.8%	47.1%	47.3%	47.1%	39.3%	41.9%	45.2%	40.4%
ROE	7.54%	7.12%	7.94%	5.57%	8.63%	8.08%	7.83%	5.92%	6.44%	7.13%	7.07%
ROA	—	—	—	—	—	—	—	—	1.21%	1.41%	1.37%
Return on tangible assets	—	—	—	—	—	—	—	—	1.48%	1.73%	1.56%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Debt / equity	0.27	0.13	0.25	0.24	0	0	0.55	0.53	0.43	0.26	0
Debt / assets	—	—	—	—	—	—	—	—	0.08	0.05	0.06
Effective tax rate	32.8%	33%	20.2%	20.7%	18%	21.3%	21.3%	21.5%	21.8%	21.7%	22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	10.5	10.3	10.4	10.8	12.1	11.9	12.2	11.5	12.1	12.7	14.3
EPS (basic)	3.94	3.92	4.61	4.52	5.68	5.6	5.73	4.51	5.05	5.72	5.72
EPS (diluted)	3.94	3.92	4.61	4.52	5.68	5.6	5.73	4.51	5.05	5.72	5.73
Book value per share	52.3	55	58	81.2	65.9	69.4	73.1	76.2	78.3	80.2	82.5
FCF per share	4.73	5.46	4.37	5.23	6.02	7.29	5.07	6.59	4.75	5.45	5.86
Cash per share	9.44	8.77	7.09	11.7	21.4	33.1	9.61	9.65	136.3	129.4	14
Capex per share	0.12	0.02	0.03	0.18	0.09	0.06	0.35	0.2	0.08	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.17%	0.15%	0.28%	1.67%	0.73%	0.47%	2.91%	1.76%	0.67%	—	—
Capex / operating cash flow	2.79%	0.31%	0.72%	3.34%	1.34%	0.76%	6.79%	3.07%	1.62%	—	—
Payout ratio	31.4%	35.2%	32.3%	38.8%	32.9%	35.5%	36.8%	49.1%	44.7%	40.8%	41.3%
Dividend yield	1.72%	1.97%	2.39%	2.44%	—	2.75%	2.9%	3.27%	2.99%	3.38%	3.57%

Yield

3.57%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.60

ex-dividend Sep 15, 2026

Payout ratio

41%

of earnings

Dividend growth

21 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 15, 2026	$0.60
Jun 15, 2026	$0.60
Mar 13, 2026	$0.60

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$267.3M	$262.8M	$266.1M	$292.8M	$290.8M	$295.3M	$295.3M	$298.6M	$302.2M	$305.1M	$349.5M	$375.1M
YoY change	-6.47%	-7.51%	-2.21%	+10.2%	+8.77%	+12.4%	+10.9%	+2%	+3.9%	+3.33%	+18.4%	+25.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	657.4M	609.5M	494.7M	861.3M	2B	3.1B	880.3M	896.7M	12.9B	12.3B
Receivables	53.3M	56.4M	56.5M	80.8M	82.1M	66M	88.4M	96.3M	104.4M	99.3M
Inventory	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	56.6M	52.1M	44.3M	70.8M	77M	67.8M	82.1M	89M	69.3M	69.1M
Goodwill & intangibles	3.9B	3.9B	3.9B	6.6B	6.6B	6.6B	6.6B	6.9B	7.1B	7.1B
Total assets	—	—	—	—	—	—	—	—	39.6B	38.5B
Accounts payable	2.3M	2.9M	4.2M	8.6M	3.5M	1.3M	4.5M	34.8M	41.9M	30.9M
Short-term debt	985M	500M	1B	1.3B	0	0	1.9B	—	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—
Long-term debt	5.8M	5.2M	1.1M	129.5M	—	—	1.9B	3.7B	3.2B	1.9B
Total liabilities	—	—	—	—	—	—	—	—	32.1B	30.8B
Shareholders' equity	3.6B	3.8B	4.1B	6B	6.1B	6.4B	6.7B	7.1B	7.4B	7.6B
Total debt	990.8M	505.2M	1B	1.4B	0	0	3.7B	3.7B	3.2B	1.9B
Net debt	554.6M	113.6M	620.6M	855.9M	-1.3B	-2.5B	3.3B	3.3B	1.2B	202.5M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	958.4M	896.7M	1.4B	1.8B	2.5B	12.9B	2B	1.6B	2.1B	12.3B	1.9B	2B
Receivables	97M	96.3M	97.7M	107.3M	107.5M	104.4M	102.7M	101.6M	101.4M	99.3M	120.6M	119.8M
Inventory	—	—	—	—	—	—	—	—	—	—	—	—
Total current assets	—	—	—	—	—	—	—	—	—	—	—	—
Property, plant & equipment	—	89M	—	—	—	69.3M	—	—	—	69.1M	—	—
Goodwill & intangibles	6.9B	6.9B	6.9B	7.2B	7.1B	7.1B	7.1B	7.1B	7.1B	7.1B	7.9B	7.9B
Total assets	—	—	38.8B	39.8B	40.1B	39.6B	38.8B	38.4B	38.3B	38.5B	43.6B	43.9B
Accounts payable	79.6M	34.8M	75.9M	129.6M	174.2M	41.9M	34.1M	32.8M	32.6M	30.9M	30.2M	27.4M
Short-term debt	1.3B	—	—	—	—	—	—	2.9B	2.4B	—	—	—
Total current liabilities	—	—	—	—	—	—	—	—	—	—	—	—
Long-term debt	3B	3.7B	3.9B	3.9B	3.9B	3.2B	—	—	—	1.9B	2.3B	2.5B
Total liabilities	—	—	31.7B	32.5B	32.8B	32.1B	31.2B	30.8B	30.7B	30.8B	35.4B	35.6B
Shareholders' equity	7B	7.1B	7.1B	7.3B	7.4B	7.4B	7.5B	7.6B	7.7B	7.6B	8.2B	8.3B
Total debt	4.3B	3.7B	3.9B	3.9B	3.9B	3.2B	—	2.9B	2.4B	1.9B	2.3B	2.5B
Net debt	3.7B	3.3B	2.8B	2.4B	1.7B	1.2B	—	1.6B	633.9M	202.5M	728.2M	786.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	274.5M	272.2M	321.8M	332.6M	528.9M	519.3M	524.5M	419.3M	479.4M	542.8M
Depreciation & amortization	22.3M	19.2M	18.3M	20.3M	31.4M	29.6M	28.3M	31M	34.7M	34.1M
Stock-based compensation	9.5M	6.9M	10.5M	10.6M	12.6M	12.6M	11.8M	12.2M	12.8M	12.1M
Change in working capital	-11.4M	56.1M	-72.9M	52.7M	-15M	59.3M	-101.2M	147.7M	-51.2M	-34.4M
Operating cash flow	308.6M	358.2M	285.2M	397.8M	615.9M	680.6M	476.1M	611.4M	473.3M	549.5M
Capital expenditure	8.6M	-1.1M	-2.1M	-13.3M	-8.2M	5.2M	-32.3M	-18.8M	-7.7M	—
Investing cash flow	-23.4M	14.9M	233M	1.2B	-14.4M	-4.3B	-1.7B	1.9B	1.9B	468.2M
Dividends paid	-86.2M	-95.9M	-104.1M	-128.9M	-173.8M	-184.3M	-193.1M	-205.7M	-214.4M	-221.4M
Share repurchases	-51.1M	0	0	-94.5M	-115.2M	-52.1M	-65.7M	-72.2M	-74.8M	-157.2M
Financing cash flow	354.9M	-581.4M	421.9M	-3.9B	-1.7B	-236.3M	1.6B	1.4B	-814.1M	-1.6B
Net change in cash	640.1M	-208.3M	940.1M	-2.3B	-1.1B	-3.9B	333.9M	3.9B	1.6B	-610.9M
Free cash flow	329.3M	379.5M	305M	384.4M	560.2M	675.7M	464.1M	612.2M	451.6M	517M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	112.2M	95.5M	110.4M	111.6M	127.3M	130.1M	130.2M	135.2M	137.6M	139.9M	116.3M	168.6M
Depreciation & amortization	8.2M	8.2M	7.9M	9M	8.9M	8.9M	8.4M	8.4M	8.6M	8.7M	10.8M	11.5M
Stock-based compensation	3.1M	3.1M	3.4M	3.1M	3.1M	3.2M	3.1M	3M	3M	3.1M	3.4M	3.2M
Change in working capital	116.5M	-94M	62.9M	98.4M	134.4M	-346.9M	33.6M	-51.8M	52.2M	-68.4M	63.4M	-14.2M
Operating cash flow	240M	15.8M	184.5M	219.3M	278.3M	-211.4M	177.2M	98.2M	194.8M	78.3M	185.1M	162.4M
Capital expenditure	-7.9M	3.6M	-6.3M	-4.5M	1.8M	1.4M	-4.3M	—	—	—	—	—
Investing cash flow	466.3M	388.8M	490.8M	640.3M	398.9M	201.6M	293.7M	180.6M	373M	-383.3M	-536.7M	-395.2M
Dividends paid	-51.5M	-52.5M	-52.4M	-53.4M	-53.3M	-55.3M	-55.3M	-55.3M	-55.1M	-55.8M	-60.6M	-60.4M
Share repurchases	0	0	-35.3M	-39.5M	0	0	0	0	-19.9M	-137.2M	-57.1M	-13.7M
Financing cash flow	-601.5M	-577.5M	87.3M	-92.9M	-53.3M	-755.3M	-555.3M	144.7M	-575M	-643.1M	132.3M	125.9M
Net change in cash	104.8M	-172.8M	762.6M	766.7M	623.8M	-765M	-84.4M	423.6M	-7.3M	-948M	-219.3M	-106.8M
Free cash flow	232.5M	23.3M	180.2M	211.8M	270.2M	-210.7M	171.1M	91.8M	185.7M	68.5M	178.1M	157.9M

Prosperity Bancshares Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history