Q2 EPS Estimate for Prosperity Bancshares Boosted by Analyst

Prosperity Bancshares, Inc. (NYSE:PB) – Equities researchers at Zacks Research raised their Q2 2026 earnings per share estimates for Prosperity Bancshares in a research note issued on Wednesday, May 20th. Zacks Research analyst Team now forecasts that the bank will post earnings per share of $1.52 for the quarter, up from their previous estimate of $1.48. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $6.24 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q3 2026 earnings at $1.58 EPS, Q4 2026 earnings at $1.63 EPS, FY2026 earnings at $6.24 EPS, Q1 2027 earnings at $1.64 EPS, Q2 2027 earnings at $1.74 EPS, Q3 2027 earnings at $1.85 EPS, Q4 2027 earnings at $1.92 EPS, FY2027 earnings at $7.16 EPS, Q1 2028 earnings at $1.90 EPS and FY2028 earnings at $7.86 EPS.

Several other equities research analysts have also recently issued reports on the company. TD Cowen raised their target price on Prosperity Bancshares from $77.00 to $79.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Citigroup raised their target price on Prosperity Bancshares from $72.00 to $74.00 and gave the stock a “neutral” rating in a research note on Monday, May 4th. DA Davidson reissued a “neutral” rating and set a $76.00 target price on shares of Prosperity Bancshares in a research note on Thursday, January 29th. Janney Montgomery Scott cut Prosperity Bancshares from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 3rd. Finally, Wall Street Zen raised Prosperity Bancshares from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 16th. Five research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Prosperity Bancshares has a consensus rating of “Hold” and a consensus price target of $76.82.

Prosperity Bancshares Price Performance

PB stock opened at $69.01 on Thursday. The business has a fifty day moving average of $67.63 and a two-hundred day moving average of $69.47. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.01. The stock has a market cap of $6.96 billion, a price-to-earnings ratio of 12.50, a price-to-earnings-growth ratio of 1.04 and a beta of 0.65. Prosperity Bancshares has a 52-week low of $61.06 and a 52-week high of $77.20.

Prosperity Bancshares (NYSE:PB) last posted its earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.41 by $0.09. The company had revenue of $367.62 million during the quarter, compared to analysts’ expectations of $358.60 million. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.The firm’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.37 earnings per share.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of PB. AQR Capital Management LLC boosted its position in shares of Prosperity Bancshares by 175.1% during the second quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock worth $167,393,000 after buying an additional 1,516,939 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Prosperity Bancshares by 910.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,311,051 shares of the bank’s stock worth $90,607,000 after buying an additional 1,181,295 shares during the period. American Century Companies Inc. boosted its position in shares of Prosperity Bancshares by 48.7% during the third quarter. American Century Companies Inc. now owns 2,122,031 shares of the bank’s stock worth $140,797,000 after buying an additional 695,114 shares during the period. North Reef Capital Management LP boosted its position in shares of Prosperity Bancshares by 149.0% during the first quarter. North Reef Capital Management LP now owns 1,107,877 shares of the bank’s stock worth $74,427,000 after buying an additional 662,877 shares during the period. Finally, Artisan Partners Limited Partnership purchased a new position in shares of Prosperity Bancshares during the fourth quarter worth $44,822,000. 80.69% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 600 shares of the firm’s stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $71.30, for a total transaction of $42,780.00. Following the completion of the transaction, the director directly owned 41,700 shares in the company, valued at $2,973,210. This trade represents a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 13,200 shares of company stock worth $901,592 in the last ninety days. Company insiders own 3.96% of the company’s stock.

Prosperity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, June 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is currently 43.48%.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.