Prosperity Bancshares Financials

PB Stock  USD 65.06  2.28  3.63%   
Based on the key indicators related to Prosperity Bancshares' liquidity, profitability, solvency, and operating efficiency, Prosperity Bancshares may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Prosperity Bancshares' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 4.3 B, whereas Cash is forecasted to decline to about 407.1 M. Key indicators impacting Prosperity Bancshares' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.280.2626
Notably Up
Pretty Stable
Return On Assets0.00980.0109
Moderately Down
Very volatile
Return On Equity0.10.0592
Way Up
Slightly volatile
Debt Equity Ratio1.151.0975
Sufficiently Up
Slightly volatile
Operating Income912.6 M869.1 M
Sufficiently Up
Slightly volatile
Current Ratio0.03820.0402
Notably Down
Pretty Stable
The financial analysis of Prosperity Bancshares is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Prosperity Bancshares includes many different criteria found on its balance sheet. For example, investors should never minimize Prosperity Bancshares' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Prosperity Bancshares' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Prosperity Bancshares.

Net Income

440.28 Million

With this module, you can analyze Prosperity financials for your investing period. You should be able to track the changes in Prosperity Bancshares individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Prosperity Bancshares Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Prosperity Bancshares' financial statements are interrelated, with each one affecting the others. For example, an increase in Prosperity Bancshares' assets may result in an increase in income on the income statement.
Evaluating Prosperity Bancshares' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Prosperity Bancshares' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Prosperity Bancshares' relative financial performance

Chance Of Distress

Less than 9

 
100  
 
Zero
Low
Prosperity Bancshares has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Prosperity Bancshares stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Prosperity Bancshares' odds of distress score SHOULD NOT be confused with the real chance of Prosperity Bancshares filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Prosperity is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Prosperity Bancshares' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Prosperity Bancshares' official financial statements usually reflect Prosperity Bancshares' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Prosperity Bancshares. For example, before you start analyzing numbers published by Prosperity accountants, it's critical to develop an understanding of what Prosperity Bancshares' liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of Prosperity Bancshares' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Prosperity Bancshares' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Prosperity Bancshares' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Prosperity Bancshares. Please utilize our Beneish M Score to check the likelihood of Prosperity Bancshares' management manipulating its earnings.

Prosperity Bancshares Company Summary

Prosperity Bancshares competes with Merchants Bancorp, Macatawa Bank, Axos Financial, Regions Financial, and Regions Financial. 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.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0001068851
ISINUS7436061052
CUSIP743606105
RegionNorth America
LocationTexas; U.S.A
Business AddressProsperity Bank Plaza,
SectorBanks
IndustryFinancials
BenchmarkNYSE Composite
Websitewww.prosperitybankusa.com
Phone281 269 7199
CurrencyUSD - US Dollar
You should never invest in Prosperity Bancshares without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Prosperity Stock, because this is throwing your money away. Analyzing the key information contained in Prosperity Bancshares' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Prosperity Bancshares Key Financial Ratios

Generally speaking, Prosperity Bancshares' financial ratios allow both analysts and investors to convert raw data from Prosperity Bancshares' financial statements into concise, actionable information that can be used to evaluate the performance of Prosperity Bancshares over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Prosperity Bancshares reports annually and quarterly.

Prosperity Bancshares Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets32.2B34.1B37.8B37.7B38.6B40.5B
Other Current Liab(1.3B)(3.5M)(1.3M)(1.9B)9.8B10.3B
Net Debt855.9M(896.4M)(2.1B)1.4B3.6B3.8B
Retained Earnings2.1B2.4B2.7B3.1B3.3B3.4B
Accounts Payable8.6M3.5M1.3M4.5M34.8M36.6M
Cash573.6M1.3B2.5B423.8M458.2M407.1M
Other Assets19.0B19.8B18.3B18.6B21.4B17.8B
Net Receivables80.8M82.1M66.0M88.4M96.3M101.1M
Total Liab26.2B3.5M1.3M31.0B31.5B33.1B
Total Current Assets942.0M2.1B3.1B968.8M556.4M528.6M
Other Current Assets661.8M1.4B2.6B514.5M556.4M528.6M
Short Term Debt1.3B389.6M448.1M1.9B4.0B4.2B
Common Stock94.7M92.6M92.2M91.3M93.7M57.5M
Other Liab140.6M178.5M186.9M127.0M146.0M73.0M
Long Term Debt1.0B1.4B0.01.9B3.7B3.9B
Intangible Assets86.4M73.2M61.7M51.3M64.0M44.8M
Inventory(661.8M)(1.4B)(2.6B)(514.5M)361.8M379.9M
Net Tangible Assets2.7B2.8B3.1B3.4B3.9B2.2B
Capital Surpluse3.7B3.6B3.6B3.5B4.1B2.6B

Prosperity Bancshares Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Prosperity Bancshares' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense137.2M113.2M53.6M89.6M206.4M216.7M
Total Revenue796.8M1.1B1.1B1.1B1.6B1.7B
Gross Profit796.8M1.1B1.1B1.1B1.6B1.7B
Operating Income419.2M645.0M659.7M755.8M869.1M912.6M
Ebit500.7M419.2M645.0M659.7M755.8M0.0
Ebitda439.5M676.4M689.3M784.1M31.0M29.4M
Income Before Tax419.2M645.0M659.7M666.2M534.5M275.6M
Net Income332.6M528.9M519.3M524.5M419.3M440.3M
Income Tax Expense86.7M116.1M140.4M141.7M115.1M74.2M
Tax Provision86.7M116.1M140.4M141.7M126.0M98.1M
Net Interest Income695.8M1.0B993.3M1.0B975.6M881.2M
Interest Income832.9M1.1B1.0B1.1B1.4B1.0B

Prosperity Bancshares Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Prosperity Bancshares. It measures of how well Prosperity is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Prosperity Bancshares brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Prosperity had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Prosperity Bancshares has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change In Cash163.0M769.4M1.2B(2.1B)34.3M36.0M
Free Cash Flow384.4M560.2M675.7M464.1M618.4M649.3M
Depreciation20.3M31.4M29.6M28.3M31.0M16.9M
Other Non Cash Items13.3M(444K)51.1M37.1M35.0M36.8M
Dividends Paid128.9M173.8M184.3M193.1M(205.7M)(195.4M)
Capital Expenditures18.6M22.1M19.0M42.4M34.2M35.9M
Net Income332.6M528.9M519.3M524.5M419.3M440.3M
End Period Cash Flow574.1M1.3B2.5B424.1M458.4M430.2M
Investments1.3B(1.3B)(4.3B)(2.0B)454.6M477.4M
Net Borrowings18.2M(116.4M)58.5M1.8B2.1B2.2B
Change To Netincome(3.6M)95.6M86.5M55.0M63.2M45.2M

Prosperity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Prosperity Bancshares's current stock value. Our valuation model uses many indicators to compare Prosperity Bancshares value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prosperity Bancshares competition to find correlations between indicators driving Prosperity Bancshares's intrinsic value. More Info.
Prosperity Bancshares is rated below average in shares owned by insiders category among related companies. It is regarded third in total asset category among related companies fabricating about  8,735,333,258  of Total Asset per Shares Owned By Insiders. The current year's Total Assets is expected to grow to about 40.5 B. Comparative valuation analysis is a catch-all model that can be used if you cannot value Prosperity Bancshares by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Prosperity Bancshares' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prosperity Bancshares' earnings, one of the primary drivers of an investment's value.

Prosperity Bancshares Systematic Risk

Prosperity Bancshares' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prosperity Bancshares volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Prosperity Bancshares correlated with the market. If Beta is less than 0 Prosperity Bancshares generally moves in the opposite direction as compared to the market. If Prosperity Bancshares Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prosperity Bancshares is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prosperity Bancshares is generally in the same direction as the market. If Beta > 1 Prosperity Bancshares moves generally in the same direction as, but more than the movement of the benchmark.

About Prosperity Bancshares Financials

What exactly are Prosperity Bancshares Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Prosperity Bancshares' income statement, its balance sheet, and the statement of cash flows. Potential Prosperity Bancshares investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Prosperity Bancshares investors may use each financial statement separately, they are all related. The changes in Prosperity Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Prosperity Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Prosperity Bancshares Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Prosperity Bancshares is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Prosperity has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Prosperity Bancshares' financials are consistent with your investment objective using the following steps:
  • Review Prosperity Bancshares' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Prosperity Bancshares' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Prosperity Bancshares' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Prosperity Bancshares' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.

Prosperity Bancshares Thematic Clasifications

Prosperity Bancshares is part of several thematic ideas from Macroaxis Index to Banking. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Prosperity Bancshares Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Prosperity Bancshares' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Prosperity Bancshares growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.78)

At present, Prosperity Bancshares' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Prosperity Bancshares March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Prosperity Bancshares help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prosperity Bancshares. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prosperity Bancshares based on widely used predictive technical indicators. In general, we focus on analyzing Prosperity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prosperity Bancshares's daily price indicators and compare them against related drivers.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Prosperity Stock analysis

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.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Positions Ratings
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
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
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
(0.33)
Dividend Share
2.21
Earnings Share
4.51
Revenue Per Share
11.745
Quarterly Revenue Growth
(0.07)
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.