Zacks Research Has Bullish Forecast for PB Q1 Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Equities research analysts at Zacks Research upped their Q1 2025 EPS estimates for Prosperity Bancshares in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the bank will earn $1.34 per share for the quarter, up from their prior forecast of $1.31. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.82 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q2 2025 earnings at $1.40 EPS, FY2025 earnings at $5.70 EPS, Q3 2026 earnings at $1.63 EPS and Q4 2026 earnings at $1.66 EPS.

Prosperity Bancshares (NYSE:PB) last issued its quarterly earnings results on Wednesday, January 29th. The bank reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.33 by $0.04. Prosperity Bancshares had a net margin of 26.79% and a return on equity of 6.64%.

Several other equities analysts have also commented on the stock. Wolfe Research reiterated a “peer perform” rating on shares of Prosperity Bancshares in a research note on Thursday, December 5th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $77.00 price target on shares of Prosperity Bancshares in a report on Thursday, October 24th. Stephens raised their target price on Prosperity Bancshares from $93.00 to $94.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. UBS Group dropped their price target on Prosperity Bancshares from $77.00 to $76.00 and set a “buy” rating for the company in a research report on Thursday, December 26th. Finally, Wedbush reiterated an “outperform” rating and set a $90.00 price objective on shares of Prosperity Bancshares in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Prosperity Bancshares currently has a consensus rating of “Moderate Buy” and a consensus price target of $82.88.

Prosperity Bancshares Stock Performance

Shares of PB opened at $77.46 on Friday. The company’s 50-day simple moving average is $77.53 and its 200-day simple moving average is $75.89. Prosperity Bancshares has a 1 year low of $57.16 and a 1 year high of $86.75. The stock has a market capitalization of $7.38 billion, a PE ratio of 15.31, a P/E/G ratio of 0.95 and a beta of 0.94.

Institutional Trading of Prosperity Bancshares

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC grew its holdings in shares of Prosperity Bancshares by 487.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 376 shares of the bank’s stock worth $28,000 after purchasing an additional 312 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Prosperity Bancshares by 368.5% during the 4th quarter. Jones Financial Companies Lllp now owns 520 shares of the bank’s stock worth $39,000 after purchasing an additional 409 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Prosperity Bancshares by 102.7% during the 4th quarter. UMB Bank n.a. now owns 592 shares of the bank’s stock worth $45,000 after purchasing an additional 300 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of Prosperity Bancshares by 190.0% during the 3rd quarter. First Horizon Advisors Inc. now owns 815 shares of the bank’s stock worth $59,000 after purchasing an additional 534 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Prosperity Bancshares by 181.6% during the 3rd quarter. Blue Trust Inc. now owns 859 shares of the bank’s stock worth $62,000 after purchasing an additional 554 shares in 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 the stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $78.30, for a total transaction of $39,150.00. Following the transaction, the director now owns 106,815 shares of the company’s stock, valued at approximately $8,363,614.50. This represents a 0.47 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Chairman H E. Timanus, Jr. sold 4,000 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $86.50, for a total value of $346,000.00. Following the completion of the sale, the chairman now directly owns 229,953 shares in the company, valued at $19,890,934.50. This trade represents a 1.71 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 14,000 shares of company stock valued at $1,140,995. Company insiders own 4.28% of the company’s stock.

Prosperity Bancshares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, March 14th. Prosperity Bancshares’s payout ratio is 45.85%.

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.