Zacks Research Issues Optimistic Estimate for PB Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Investment analysts at Zacks Research boosted their Q1 2026 earnings per share (EPS) estimates for Prosperity Bancshares in a note issued to investors on Tuesday, March 11th. Zacks Research analyst R. Department now forecasts that the bank will earn $1.49 per share for the quarter, up from their previous forecast of $1.48. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share. Zacks Research also issued estimates for Prosperity Bancshares’ FY2026 earnings at $6.32 EPS.

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

Several other analysts have also issued reports on the stock. UBS Group lowered their price target on shares of Prosperity Bancshares from $77.00 to $76.00 and set a “buy” rating on the stock in a research report on Thursday, December 26th. StockNews.com raised shares of Prosperity Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday. Stephens lifted their price target on Prosperity Bancshares from $93.00 to $94.00 and gave the company an “overweight” rating in a research report on Thursday, January 30th. Raymond James upped their price target on Prosperity Bancshares from $82.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Finally, Barclays raised their price objective on shares of Prosperity Bancshares from $84.00 to $88.00 and gave the company an “equal weight” rating in a research report on Friday, December 20th. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.50.

Prosperity Bancshares Stock Performance

Shares of PB opened at $69.17 on Friday. Prosperity Bancshares has a fifty-two week low of $57.16 and a fifty-two week high of $86.76. The business has a 50-day moving average of $76.98 and a 200 day moving average of $76.29. The firm has a market cap of $6.59 billion, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 0.94 and a beta of 0.94.

Institutional Investors Weigh In On Prosperity Bancshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Prosperity Bancshares by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 9,780,006 shares of the bank’s stock worth $736,923,000 after acquiring an additional 44,567 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Prosperity Bancshares by 1.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,586,260 shares of the bank’s stock valued at $345,575,000 after purchasing an additional 48,304 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Prosperity Bancshares by 1.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,342,047 shares of the bank’s stock worth $176,473,000 after purchasing an additional 32,917 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Prosperity Bancshares by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,708,509 shares of the bank’s stock worth $123,162,000 after buying an additional 15,309 shares during the last quarter. Finally, Snyder Capital Management L P increased its position in Prosperity Bancshares by 7.3% during the 4th quarter. Snyder Capital Management L P now owns 1,220,977 shares of the bank’s stock valued at $92,001,000 after buying an additional 83,488 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 500 shares of Prosperity Bancshares stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $70.63, for a total transaction of $35,315.00. Following the sale, the director now owns 104,815 shares of the company’s stock, valued at approximately $7,403,083.45. The trade was a 0.47 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders sold 5,500 shares of company stock worth $421,905. Company insiders own 4.28% of the company’s stock.

Prosperity Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, March 14th. Prosperity Bancshares’s dividend payout ratio (DPR) 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.