Michael Epps - Prosperity Bancshares Executive VP of Financial Operations and Admin.

PB Stock  USD 63.55  0.58  0.90%   

EVP

Mr. Michael Epps is no longer Executive Vice President of Prosperity Bancshares, Inc. effective March 2, 2018. and Senior Executive Vice PresidentFinancial Operations and Administration of the Bank. Mr. Epps joined the Bank as the Chairman of the West Texas Area upon completion of the merger of American State Financial Corporation into the Company in July 2012. He was appointed Executive Vice President of the Company and Senior Executive Vice PresidentFinancial Operations and Administration of the Bank in January 2014. Mr. Epps began his career with American State Bank in 1992, starting out as Chief Financial Officer, and became President in 2011. From 1986 to 1992, he was an auditor with KPMG LLP. Prior to that, he served as the Chief Financial Officer of Service Fracturing Co., a publiclytraded oil well service company
Age 64
Address Prosperity Bank Plaza, Houston, TX, United States, 77027
Phone281 269 7199
Webhttps://www.prosperitybankusa.com
Epps is a Certified Public Accountant who received a Bachelor of Business Administration with an emphasis in Accounting from West Texas State University, now West Texas A&M University, in 1973.

Prosperity Bancshares Management Efficiency

The company has Return on Asset (ROA) of 0.0106 % which means that for every $100 of assets, it generated a profit of $0.0106. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.0585 %, which means that it produced $0.0585 on every 100 dollars invested by current stockholders. Prosperity Bancshares' management efficiency ratios could be used to measure how well Prosperity Bancshares manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Prosperity Bancshares' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 40 B, whereas Other Assets are forecasted to decline to about 17.8 B.
The company reports 4.07 B of total liabilities with total debt to equity ratio (D/E) of 0.14, which may suggest the company is not taking enough advantage from financial leverage. Debt can assist Prosperity Bancshares until it has trouble settling it off, either with new capital or with free cash flow. So, Prosperity Bancshares' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Prosperity Bancshares sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Prosperity to invest in growth at high rates of return. When we think about Prosperity Bancshares' use of debt, we should always consider it together with cash and equity.

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Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas. Prosperity Bancshares operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 3592 people. Prosperity Bancshares (PB) is traded on New York Stock Exchange in USA. It is located in Prosperity Bank Plaza, Houston, TX, United States, 77027 and employs 3,901 people. Prosperity Bancshares is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Prosperity Bancshares Leadership Team

Elected by the shareholders, the Prosperity Bancshares' board of directors comprises two types of representatives: Prosperity Bancshares inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prosperity. The board's role is to monitor Prosperity Bancshares' management team and ensure that shareholders' interests are well served. Prosperity Bancshares' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prosperity Bancshares' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Epps, Executive VP of Financial Operations and Admin.
George Fisk, Independent Director
Charlotte JD, Executive Counsel
Lori Wakefield, VP Bank
Randy Hester, Chief Lending Officer, Executive VP, Chief Lending Officer of Prosperity Bank and Sr. Executive VP of Prosperity Bank
J Davenport, Executive Vice President and Director of Corporate Strategy of the Company and Senior Executive Vice President and Director of Corporate Strategy of the Bank
Mike Reaves, VP Bank
Denny Buchanan, VP Bank
Chip Bray, President Bank
Perry Mueller, Director
Bruce Hunt, Independent Director
Kevin Hanigan, President, Chief Operating Officer, Director
Perry Johnson, President Center
David Zalman, Senior Chairman of the Board, Chief Executive Officer, Senior Chairman of the Board and Chief Executive Officer of the Bank
Charlotte Rasche, Executive Vice President, General Counsel, Senior Executive Vice President and General Counsel of the Bank
Ned Holmes, Independent Director
H Timanus, Vice Chairman of the Board of the Company, Chairman of the Board and Chief Operating Officer of the Bank
Harrison Stafford, Independent Director
Robert Benter, Executive Vice President and Presidentident of the Bank
Annette Tripp, Senior Counsel
Asylbek Osmonov, Chief Financial Officer
John Davenport, Executive Strategy
Leah Henderson, Independent Director
Robert Dowdell, Executive Vice President of the Company and Senior Executive Vice President of the Bank
William Luedke, Independent Director
David Hollaway, CFO of the Company; Executive Vice President CFO of the Bank
Robert Steelhammer, Independent Director
Edward Safady, Advisory Director, Vice Chairman, Director and Vice Chairman of Bank
W Collier, Director
William Collier, Director
Jack Lord, Independent Director
Bob Benter, President Director of the Bank
James Bouligny, Presiding Independent Director
Kevin Kaplan, President Bank

Prosperity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Prosperity Bancshares a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Prosperity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prosperity Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prosperity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prosperity Bancshares Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Prosperity Bancshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Note that the Prosperity Bancshares information on this page should be used as a complementary analysis to other Prosperity Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Prosperity Bancshares' price analysis, check to measure Prosperity Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prosperity Bancshares is operating at the current time. Most of Prosperity Bancshares' value examination focuses on studying past and present price action to predict the probability of Prosperity Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prosperity Bancshares' price. Additionally, you may evaluate how the addition of Prosperity Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Prosperity Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Dividend Share
2.22
Earnings Share
4.32
Revenue Per Share
11.617
Quarterly Revenue Growth
(0.02)
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.