Prosperity Bancshares Inc reports results for the quarter ended March 31 - Earnings Summary

Prosperity Bancshares

23/04/2025 15:30

Prosperity Bancshares Inc PB.N reported quarterly adjusted earnings of $1.37​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.18.  The mean expectation of fourteen analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.32  to $1.39 per share.

Revenue rose 10.7% to $306.68 million from a year ago; analysts expected $308.17 million.

Prosperity Bancshares Inc's reported EPS for the quarter was $1.37​.

The company reported quarterly net income of $130.23 million.

Prosperity Bancshares Inc shares had fallen by 5.9% this quarter and lost 10.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.8% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Prosperity Bancshares Inc is $87.00

This summary was machine generated from LSEG data April 23 at 02:30 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
Mar. 31 2025
1.36
1.37
Beat
Dec. 31 2024
1.34
1.37
Beat
Sep. 30 2024
1.31
1.34
Beat
Jun. 30 2024
1.18
1.17
Missed