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Prosperity Bancshares (PB)
NYSE:PB
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.41Last Year’s EPS
1.17Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 4.09%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong financial performance with notable increases in net income and net interest margin. However, challenges persist with flat loan growth and high nonperforming assets. The sentiment reflects a cautious optimism with a balanced view of achievements and challenges.Company Guidance
During the Prosperity Bancshares First Quarter 2025 Earnings Conference Call, the company reported a robust financial performance, marked by a net income of $130 million, up 17.9% from the previous year. The tangible equity to tangible asset ratio stood at a solid 11.2%, with tangible equity totaling $3.9 billion. The net interest margin improved to 3.14%, reflecting an increase from the prior year's 2.79%, driven by favorable repricing in their bond and loan portfolios. Loans increased by $712 million or 3.3%, largely due to the merger with Lonestar State Bancshares, while deposits rose by $851 million, reaching $28 billion. The efficiency ratio improved to 45.7% from 49.1% the previous year. Nonperforming assets totaled $81.4 million, maintaining stable asset quality. The company remains optimistic about loan growth in the low single digits for 2025, despite market volatility and the broader economic landscape, and continues to explore potential M&A opportunities to enhance shareholder value.Increased Net Income
Net income for Q1 2025 was $130 million, a 17.9% increase from $110 million in Q1 2024.
Improved Net Interest Margin
Net interest margin on a tax-equivalent basis increased to 3.14% in Q1 2025 from 2.79% in Q1 2024.
Strong Deposit Growth
Deposits grew to $28 billion as of March 31, 2025, an increase of $851 million or 3.1% from the previous year, primarily due to the merger with Lonestar State Bancshares.
Recognition and Awards
Prosperity was named the best overall bank in Texas by Money for 2024 and 2025, and ranked among America's best regional banks by Newsweek in 2025.
PB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $67.16 | $67.27 | +0.16% |
Jan 29, 2025 | $79.33 | $78.79 | -0.68% |
Oct 23, 2024 | $71.46 | $72.19 | +1.02% |
Jul 24, 2024 | $67.94 | $69.59 | +2.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Prosperity Bancshares (PB) report earnings?
Prosperity Bancshares (PB) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Prosperity Bancshares (PB) earnings time?
Prosperity Bancshares (PB) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PB EPS forecast?
PB EPS forecast for the fiscal quarter 2025 (Q2) is 1.41.