Prosperity Historical Income Statement
PB Stock | USD 59.39 0.16 0.27% |
Historical analysis of Prosperity Bancshares income statement accounts such as Gross Profit of 1.7 B, Other Operating Expenses of 1.1 B or Operating Income of 912.6 M can show how well Prosperity Bancshares performed in making a profits. Evaluating Prosperity Bancshares income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Prosperity Bancshares's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Prosperity Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Prosperity Bancshares is a good buy for the upcoming year.
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About Prosperity Income Statement Analysis
Prosperity Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Prosperity Bancshares shareholders. The income statement also shows Prosperity investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Prosperity Bancshares Income Statement Chart
Prosperity Bancshares Income Statement is one of the three primary financial statements used for reporting Prosperity's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Prosperity Bancshares revenue and expense. Prosperity Bancshares Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Prosperity Bancshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 391 M, whereas Depreciation And Amortization is forecasted to decline to about 15.8 M. Add Fundamental
Total Revenue
Total revenue comprises all receipts Prosperity Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Prosperity Bancshares minus its cost of goods sold. It is profit before Prosperity Bancshares operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Prosperity Bancshares operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Prosperity Bancshares is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Prosperity Bancshares' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Prosperity Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At present, Prosperity Bancshares' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 391 M, whereas Depreciation And Amortization is forecasted to decline to about 15.8 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 53.6M | 89.6M | 206.4M | 216.7M | Depreciation And Amortization | 29.6M | 28.3M | 31.0M | 15.8M |
Prosperity Bancshares income statement Correlations
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Prosperity Bancshares Account Relationship Matchups
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Prosperity Bancshares income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 20.3M | 31.4M | 29.6M | 28.3M | 31.0M | 15.8M | |
Interest Expense | 137.2M | 113.2M | 53.6M | 89.6M | 206.4M | 216.7M | |
Selling General Administrative | 244.6M | 331.6M | 333.2M | 339.1M | 372.3M | 391.0M | |
Total Revenue | 796.8M | 1.1B | 1.1B | 1.1B | 1.6B | 1.7B | |
Gross Profit | 796.8M | 1.1B | 1.1B | 1.1B | 1.6B | 1.7B | |
Other Operating Expenses | 377.6M | (477.4M) | (441.2M) | 754.9M | 1.0B | 1.1B | |
Operating Income | 419.2M | 645.0M | 659.7M | 755.8M | 869.1M | 912.6M | |
Ebit | 500.7M | 419.2M | 645.0M | 659.7M | 755.8M | 0.0 | |
Ebitda | 439.5M | 676.4M | 689.3M | 784.1M | 31.0M | 29.4M | |
Total Operating Expenses | (377.6M) | (477.4M) | (441.2M) | 754.9M | 151.1M | 158.6M | |
Income Before Tax | 419.2M | 645.0M | 659.7M | 666.2M | 534.5M | 275.6M | |
Total Other Income Expense Net | 419.2M | 645.0M | 659.7M | (89.6M) | 534.5M | 561.2M | |
Net Income | 332.6M | 528.9M | 519.3M | 524.5M | 419.3M | 440.3M | |
Income Tax Expense | 86.7M | 116.1M | 140.4M | 141.7M | 115.1M | 74.2M | |
Net Income Applicable To Common Shares | 332.6M | 528.9M | 519.3M | 524.5M | 603.2M | 633.4M | |
Net Income From Continuing Ops | 332.6M | 528.9M | 519.3M | 524.5M | 461.7M | 351.9M | |
Selling And Marketing Expenses | 3.2M | 3.5M | 3.2M | 3.2M | 3.2M | 3.4M | |
Tax Provision | 86.7M | 116.1M | 140.4M | 141.7M | 126.0M | 98.1M | |
Net Interest Income | 695.8M | 1.0B | 993.3M | 1.0B | 975.6M | 881.2M | |
Interest Income | 832.9M | 1.1B | 1.0B | 1.1B | 1.4B | 1.0B | |
Reconciled Depreciation | 20.3M | 31.4M | 29.6M | 28.3M | 29.8M | 27.8M |
Prosperity Bancshares Investors Sentiment
The influence of Prosperity Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Prosperity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Prosperity Bancshares' public news can be used to forecast risks associated with an investment in Prosperity. The trend in average sentiment can be used to explain how an investor holding Prosperity can time the market purely based on public headlines and social activities around Prosperity Bancshares. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Prosperity Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Prosperity Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Prosperity Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Prosperity Bancshares.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Prosperity Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Prosperity Bancshares' short interest history, or implied volatility extrapolated from Prosperity Bancshares options trading.
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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.
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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 (0.33) | 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.