Prosperity Bancshares (PB) Expected to Release Earnings on Wednesday

Prosperity Bancshares (NYSE:PB) will likely be issuing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Prosperity Bancshares to announce earnings of $1.35 per share and revenue of $491.49 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:30 AM ET.

Prosperity Bancshares (NYSE:PB) last issued its earnings results on Wednesday, July 29th. The bank reported $1.62 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.12. Prosperity Bancshares had a net margin of 29.95% and a return on equity of 7.39%. The firm had revenue of $391.25 million during the quarter, compared to analyst estimates of $380.73 million. During the same quarter last year, the business earned $1.42 earnings per share. The company’s quarterly revenue was up 25.9% on a year-over-year basis. On average, analysts expect Prosperity Bancshares to post $6.46 EPS for the current fiscal year and $7.36 EPS for the next fiscal year.

Prosperity Bancshares Stock Up 1.6%

Prosperity Bancshares stock opened at $68.29 on Wednesday. Prosperity Bancshares has a 1-year low of $62.28 and a 1-year high of $77.20. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 11.15, a P/E/G ratio of 0.75 and a beta of 0.66. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $70.11 and a 200 day simple moving average of $70.51.

Insider Transactions at Prosperity Bancshares

In related news, Director Ned Holmes sold 600 shares of the company’s stock in a transaction on Wednesday, July 29th. The shares were sold at an average price of $74.26, for a total transaction of $44,556.00. Following the completion of the sale, the director directly owned 39,500 shares in the company, valued at $2,933,270. This represents a 1.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders sold 12,700 shares of company stock worth $902,833. 3.96% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Cantor Fitzgerald decreased their target price on Prosperity Bancshares from $85.00 to $78.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 14th. Piper Sandler lifted their price target on Prosperity Bancshares from $75.00 to $80.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Raymond James Financial upgraded Prosperity Bancshares from a “market perform” rating to an “outperform” rating and set a $78.00 price target for the company in a research report on Tuesday, October 6th. Citigroup cut their price objective on Prosperity Bancshares from $79.00 to $77.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Finally, Wall Street Zen upgraded shares of Prosperity Bancshares from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $77.55.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a regional bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses, and public entities.

Prosperity Bank offers deposit products, commercial and consumer lending, mortgage and real estate lending, treasury management, online and mobile banking, and other traditional banking services. Its lending activities include financing for commercial businesses, agriculture, residential and commercial real estate, and personal needs.

Founded in 1983, Prosperity Bancshares has expanded primarily through organic growth and the acquisition of community banks.