UP!
|
Type
|
Public |
|---|---|
| Traded as | NYSE: PB S&P 400 Component |
| Founded | Houston, Texas, United States (1983) |
| Headquarters | Houston, Texas, United States |
| Products | Banking |
| Revenue | $297.441M (as of December 31, 2013) |
|
Number of employees
|
3,096 (full-time equivalent as of December 31, 2014) |
| Website | http://www.prosperitybankusa.com |
Prosperity Bancshares, Inc. is a bank holding company operating in various areas in Texas and central Oklahoma. The company is headquartered in Houston, Texas.
The company (through its main subsidiary, Prosperity Bank) operates (as of January 4, 2016) 248 branch locations, organized as follows:
The company was formed in 1983 as a vehicle to purchase a former Allied Bank branch in Edna, Texas. The Edna bank dated back to 1949 as the First National Bank of Edna.
Beginning in the late 1980s, the company acquired several small- and medium-sized bank holding companies, all of which were located in Texas (except for Coppermark and F&M, which were headquartered in Oklahoma but each had Texas branch locations), and some of which had failed and were taken over by the Federal Deposit Insurance Corporation (FDIC). Notable acquisitions include:
On December 28, 2011, the company began trading on the NYSE. It previously traded on NASDAQ under the symbol PRSP.
Prosperity Bancshares was named by Forbes as "America's Best Bank" in 2012, a feat which it repeated in 2014.
| Period | Date | Adjusted Actuals EPS | GAAP EPS |
|---|---|---|---|
| Q3 2022 | 2022-10-25 | Future report Set alerts | |
| Q2 2022 | 2022-07-27 | 1.40 | 1.40 |
| Q1 2022 | 2022-04-27 | 1.33 | 1.33 |
| Q4 2021 | 2022-01-26 | 1.38 | 1.38 |
| Q3 2021 | 2021-10-27 | 1.39 | 1.39 |
| Q2 2021 | 2021-07-28 | 1.41 | 1.41 |
| Q1 2021 | 2021-04-28 | 1.44 | 1.44 |
| Q4 2020 | 2021-01-27 | 1.48 | 1.48 |
| Q3 2020 | 2020-10-28 | 0.00 | 0.00 |
| Q2 2020 | 2020-07-29 | 1.41 | 1.41 |
| 2016-06-29 | Upgrade | Hovde Group | Market Perform to Outperform | $54.00 |
| 2016-06-09 | Upgrade | Evercore ISI | Hold to Buy | $60.00 |
| 2016-06-07 | Initiated Coverage | Compass Point | Neutral | $50.00 |
| 2016-05-22 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-05-22 | Reiterated Rating | Deutsche Bank AG | Hold | |
| 2016-05-09 | Upgrade | Raymond James | Underperform to Outperform | |
| 2016-05-09 | Upgrade | Raymond James Financial Inc. | Underperform to Outperform | |
| 2016-04-28 | Boost Price Target | RBC Capital | Sector Perform | $48.00 to $52.00 |
| 2016-04-28 | Boost Price Target | FBR & Co. | Hold | $48.00 to $55.00 |
| 2016-04-28 | Boost Price Target | Royal Bank Of Canada | Sector Perform | $48.00 to $52.00 |
| 2016-04-28 | Boost Price Target | FBR & Co | Hold | $48.00 to $55.00 |
| 2016-04-27 | Downgrade | FIG Partners | Outperform to Market Perform | |
| 2016-04-05 | Reiterated Rating | Deutsche Bank | Hold | $48.00 |
| 2016-03-20 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-01-28 | Upgrade | Evercore ISI | Sell to Hold | $42.00 |
| 2016-01-28 | Upgrade | DA Davidson | Neutral to Buy | $47.00 |
| 2016-01-28 | Upgrade | Keefe, Bruyette & Woods | Market Perform to Outperform | $54.00 |
| 2016-01-28 | Lower Price Target | RBC Capital | Sector Perform | $56.00 to $48.00 |
| 2016-01-28 | Reiterated Rating | JPMorgan Chase & Co. | Sell | |
| 2016-01-28 | Lower Price Target | Macquarie | Neutral | $51.00 to $48.00 |
| 2016-01-14 | Lower Price Target | Sterne Agee CRT | $49.00 to $46.00 | |
| 2016-01-13 | Lower Price Target | Deutsche Bank | $55.00 to $48.00 | |
| 2016-01-12 | Downgrade | Bank of America | Neutral to Underperform | $55.00 to $44.00 |
| 2016-01-12 | Downgrade | Bank of America Corp. | Neutral to Underperform | $55.00 to $44.00 |
| 2016-01-05 | Lower Price Target | Evercore ISI | Sell | $48.00 to $45.00 |
| 2016-01-05 | Initiated Coverage | JPMorgan Chase & Co. | Underweight | $49.00 |
| 2015-10-26 | Boost Price Target | Sterne Agee CRT | Neutral | $49.00 to $51.00 |
| 2015-10-26 | Boost Price Target | FBR & Co. | Market Perform | $50.00 to $55.00 |
| 2015-10-08 | Lower Price Target | Sterne Agee CRT | $50.00 to $49.00 | |
| 2015-09-10 | Lower Price Target | Sterne Agee CRT | $51.00 to $50.00 | |
| 2015-08-26 | Lower Price Target | SunTrust | Buy | $68.00 to $60.00 |
| 2015-08-26 | Upgrade | Sterne Agee CRT | Underperform to Neutral | $53.00 to $51.00 |
| 2015-08-26 | Lower Price Target | SunTrust Banks Inc. | Buy | $68.00 to $60.00 |
| 2015-08-19 | Initiated Coverage | Sterne Agee CRT | Underperform | $53.00 |
| 2015-07-28 | Boost Price Target | FBR & Co. | Market Perform | $48.00 to $50.00 |
| 2015-06-12 | Initiated Coverage | Piper Jaffray | Neutral | $59.00 |
| 2015-06-12 | Initiated Coverage | Piper Jaffray Cos. | Neutral | $59.00 |
| 2015-05-28 | Reiterated Rating | Bank of America | Neutral | |
| 2015-04-28 | Boost Price Target | FBR & Co. | Market Perform | $45.00 to $48.00 |
| 2015-04-27 | Lower Price Target | Macquarie | Neutral | $58.00 to $55.00 |
| 2015-03-11 | Downgrade | BMO Capital Markets | Outperform to Market Perform | $54.00 to $53.00 |
| 2015-01-26 | Reiterated Rating | Keefe, Bruyette & Woods | Hold | $62.00 to $54.00 |
| 2015-01-26 | Lower Price Target | Macquarie | Neutral | $60.00 to $58.00 |
| 2014-12-17 | Initiated Coverage | Bank of America | Neutral | $60.00 |
| 2014-12-02 | Upgrade | FIG Partners | Market Perform to Outperform | $65.00 |
| 2014-12-01 | Lower Price Target | DA Davidson | Neutral | $66.00 to $64.00 |
| 2014-09-19 | Downgrade | Raymond James | Market Perform to Underperform | |
| 2014-08-06 | Lower Price Target | Keefe, Bruyette & Woods | $68.00 to $62.00 | |
| 2014-07-28 | Reiterated Rating | Maxim Group | Neutral | $66.00 to $64.50 |
| 2014-06-11 | Upgrade | Sterne Agee | Neutral to Buy | |
| 2014-06-11 | Upgrade | Sterne Agee CRT | Neutral to Buy | $67.00 to $71.00 |
| 2014-05-09 | Lower Price Target | SunTrust | $77.00 to $70.00 | |
| 2014-04-30 | Reiterated Rating | Deutsche Bank | Hold | $68.00 to $66.00 |
| 2014-01-27 | Boost Price Target | FBR & Co. | Hold | $60.00 to $67.00 |
| 2014-01-27 | Boost Price Target | RBC Capital | Sector Perform | $65.00 to $68.00 |
| 2014-01-27 | Upgrade | BMO Capital Markets | Market Perform to Outperform | $68.00 to $73.00 |
| 2014-01-09 | Initiated Coverage | Portales Partners | Sector Perform | |
| 2014-01-08 | Boost Price Target | Deutsche Bank | Hold | $62.00 to $66.00 |
| 2013-10-24 | Downgrade | Keefe, Bruyette & Woods | Outperform to Market Perform | |
| 2013-07-02 | Reiterated | RBC Capital Mkts | Sector Perform | $47 to $55 |
| 2012-12-12 | Upgrade | Robert W. Baird | Neutral to Outperform | $45 to $50 |
| 2012-04-30 | Reiterated | FBR Capital | Mkt Perform | $45 to $50 |
| 2012-03-07 | Reiterated | FBR Capital | Mkt Perform | $42 to $45 |
| 2016-06-29 | Upgrade | Hovde Group | Market Perform to Outperform | $54.00 |
| 2016-06-09 | Upgrade | Evercore ISI | Hold to Buy | $60.00 |
| 2016-06-07 | Initiated Coverage | Compass Point | Neutral | $50.00 |
| 2016-05-22 | Reiterated Rating | Deutsche Bank | Hold | |
| 2016-05-22 | Reiterated Rating | Deutsche Bank AG | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In PB 240 funds of 2213 total. Show all
| Fund name | Ticker shares |
|---|---|
| Vanguard Group, Inc | 9.30M |
| BlackRock Inc. | 8.03M |
| STATE STREET CORP | 7.67M |
| VICTORY CAPITAL MANAGEMENT INC | 5.34M |
| BlackRock Fund Advisors | 4.21M |
| Champlain Investment Partners, LLC | 2.89M |
| AMERICAN CENTURY COMPANIES INC | 2.60M |
| BROWN ADVISORY INC | 2.58M |
| DIMENSIONAL FUND ADVISORS LP | 2.16M |
| BlackRock Institutional Trust Company, N.A. | 2.08M |
| WELLINGTON MANAGEMENT CO LLP | 2.02M |
| Neuberger Berman Group LLC | 1.72M |
| NORTHERN TRUST CORP | 1.23M |
| GEODE CAPITAL MANAGEMENT, LLC | 1.16M |
| SNYDER CAPITAL MANAGEMENT L P | 1.11M |
| Name Relationship | Total Shares | Holding stocks |
|---|---|---|
| FAGAN WILLIAM | 1.17% (814834) | PB / |
| ZALMAN DAVID Chairman & CEO | 0.80% (554672) | PB / |
| BOULIGNY JAMES A | 0.47% (327162) | PB / |
| HOLMES NED S | 0.23% (159255) | PB / |
| STEELHAMMER ROBERT H | 0.20% (138850) | PB / |
| TIMANUS H E JR Vice Chairman | 0.20% (137447) | PB / |
| Epps Michael Executive Vice President | 0.17% (117403) | PB / |
| Hester Randy Chief Lending Officer of Bank | 0.16% (113045) | PB / |
| STAFFORD HARRISON II | 0.15% (105462) | PB / |
| ROLLINS JAMES D III President & COO | 0.11% (79785) | BXS / PB / |
| Bagley Chris A Chief Credit Officer of Bank | 0.10% (69029) | BXS / PB / |
| ZOUZALIK ERVAN E | 0.09% (65580) | PB / |
| Rasche Charlotte M EVP and General Counsel | 0.04% (28771) | PB / |
| LORD L. JACK | 0.03% (24050) | PB / |
| SAFADY EDWARD Z President | 0.03% (22069) | PB / |
| Benter Robert L Executive Vice President | 0.02% (15535) | PB / |
| LUEDKE WILLIAM T. IV | 0.02% (13734) | PB / |
| MUELLER PERRY JR | 0.01% (7650) | PB / |
| Collier W.R. | 0.01% (4547) | PB / |
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