Prosperity Bancshares, Inc reports results for the quarter ended June 30 - Earnings Summary
Prosperity Bancshares, Inc reports results for the quarter ended June 30 - Earnings Summary
Prosperity Bancshares, Inc PB.N reported quarterly adjusted earnings of $1.67 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.42. The mean expectation of fifteen analysts for the quarter was for earnings of $1.51 per share. Wall Street expected results to range from $1.13 to $1.61 per share.
Revenue rose 25.9% to $391.26 million from a year ago; analysts expected $381.07 million.
Prosperity Bancshares, Inc's reported EPS for the quarter was $1.67.
The company reported quarterly net income of $168.58 million.
Prosperity Bancshares, Inc shares had risen by 0.7% this quarter and gained 6.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.6% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Prosperity Bancshares, Inc is $80.00, about 8.1% above its last closing price of $73.55
This summary was machine generated from LSEG data July 29 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.51 | 1.67 | Beat |
Mar. 31 2026 | 1.40 | 1.16 | Missed |
Dec. 31 2025 | 1.45 | 1.49 | Beat |
Sep. 30 2025 | 1.44 | 1.45 | Beat |
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