Wedbush Weighs in on Prosperity Bancshares, Inc.’s Q1 2025 Earnings (NYSE:PB)

Prosperity Bancshares, Inc. (NYSE:PB) – Research analysts at Wedbush issued their Q1 2025 earnings estimates for shares of Prosperity Bancshares in a report released on Wednesday, March 27th. Wedbush analyst D. Chiaverini anticipates that the bank will post earnings per share of $1.29 for the quarter. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.06 per share. Wedbush also issued estimates for Prosperity Bancshares’ Q2 2025 earnings at $1.41 EPS, Q3 2025 earnings at $1.53 EPS and Q4 2025 earnings at $1.52 EPS.

Prosperity Bancshares (NYSE:PB) last announced its quarterly earnings results on Wednesday, January 24th. The bank reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $0.04. The company had revenue of $413.00 million for the quarter, compared to analyst estimates of $279.34 million. Prosperity Bancshares had a net margin of 26.24% and a return on equity of 6.62%. During the same period in the previous year, the firm posted $1.51 EPS.

Several other brokerages have also issued reports on PB. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $70.00 price target on shares of Prosperity Bancshares in a report on Thursday, January 25th. Morgan Stanley upgraded shares of Prosperity Bancshares from an “underweight” rating to an “equal weight” rating and set a $69.00 target price on the stock in a research report on Wednesday, February 7th. Raymond James lifted their target price on shares of Prosperity Bancshares from $65.00 to $80.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 5th. UBS Group lifted their target price on shares of Prosperity Bancshares from $65.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Finally, Citigroup initiated coverage on shares of Prosperity Bancshares in a research report on Friday, December 1st. They set a “buy” rating and a $68.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Prosperity Bancshares presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.79.

Prosperity Bancshares Trading Up 1.1 %

Shares of Prosperity Bancshares stock opened at $65.78 on Friday. The firm has a market capitalization of $6.15 billion, a PE ratio of 14.52, a price-to-earnings-growth ratio of 1.29 and a beta of 0.93. The firm’s 50 day moving average is $63.33 and its 200 day moving average is $60.57. Prosperity Bancshares has a 1 year low of $49.60 and a 1 year high of $68.88.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Planned Solutions Inc. acquired a new position in shares of Prosperity Bancshares during the 4th quarter valued at $37,000. GAMMA Investing LLC acquired a new position in shares of Prosperity Bancshares during the 4th quarter valued at $38,000. Covestor Ltd lifted its position in shares of Prosperity Bancshares by 83.6% during the 1st quarter. Covestor Ltd now owns 692 shares of the bank’s stock valued at $48,000 after acquiring an additional 315 shares during the period. Parallel Advisors LLC lifted its position in shares of Prosperity Bancshares by 835.9% during the 4th quarter. Parallel Advisors LLC now owns 730 shares of the bank’s stock valued at $49,000 after acquiring an additional 652 shares during the period. Finally, Signaturefd LLC lifted its position in shares of Prosperity Bancshares by 171.5% during the 4th quarter. Signaturefd LLC now owns 744 shares of the bank’s stock valued at $50,000 after acquiring an additional 470 shares during the period. Institutional investors and hedge funds own 80.69% of the company’s stock.

Prosperity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Stockholders of record on Friday, March 15th will be given a $0.56 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.41%. Prosperity Bancshares’s dividend payout ratio (DPR) is currently 49.45%.

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.