stockrow
Friday 6 November 2026
Export PB’s income statement to Excel — free account
Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.7 billion, down 2.84% from fiscal 2024.
- Revenue
- +50.2%
- EPS
- −18.6%
- Free cash flow
- +70.1%
Quarter to September 2026, against a year earlier
72.17
1.42
−1.93%
Follow PB
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Sep ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | 794 | 794 | 843 | 957 | 1,275 | 1,187 | 1,240 | 1,598 | 1,790 | 1,739 | 2,098 | +9.1% | 1,749 | 2,043 | 2,126 | +6.9% | |
| Gross margin, % | 94.57 | 92.38 | 88.42 | 85.67 | 91.13 | 95.48 | 92.77 | 69.45 | 66.63 | 71.88 | 74.95 | (22.7) pt | ||||||
| EBT | 409 | 406 | 403 | 419 | 645 | 660 | 666 | 534 | 613 | 694 | 732 | +6.1% | ||||||
| EBT margin, % | 51.46 | 51.14 | 47.80 | 43.79 | 50.57 | 55.58 | 53.73 | 33.45 | 34.24 | 39.89 | 34.87 | (11.6) pt | ||||||
| Net income | 274 | 272 | 322 | 333 | 529 | 519 | 525 | 419 | 479 | 543 | 562 | +7.9% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | 11.40 | 11.43 | 12.08 | 13.02 | 13.71 | 12.81 | 13.54 | 17.20 | 18.84 | 18.32 | 17.50 | +5.4% | |||||
| Earnings | 3.94 | 3.92 | 4.61 | 4.52 | 5.68 | 5.60 | 5.73 | 4.51 | 5.05 | 5.72 | 5.50 | +4.2% | ||||||
| Cash flow | 4.80 | 5.62 | 4.59 | 5.48 | 6.26 | 7.50 | 5.53 | 6.96 | 4.98 | 5.79 | 0.00 | +2.1% | ||||||
| Capex | 0.12 | (0.02) | (0.03) | (0.18) | (0.09) | 0.06 | (0.35) | (0.20) | (0.08) | (0.19) | 0.00 | n/m | ||||||
| Free cash flow | 4.92 | 5.61 | 4.56 | 5.30 | 6.17 | 7.55 | 5.18 | 6.76 | 4.90 | 5.60 | 0.00 | +1.4% | ||||||
| Book value | 52.28 | 55.04 | 58.05 | 81.21 | 65.88 | 69.37 | 73.13 | 76.20 | 78.30 | 80.24 | 81.40 | +4.9% | ||||||
| Shares, m | 70 | 69 | 70 | 74 | 93 | 93 | 92 | 93 | 95 | 95 | 104 | +3.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | 18.26 | 17.81 | 13.51 | 15.77 | 12.21 | 12.86 | 12.59 | 15.09 | 14.89 | 12.06 | 13.12 | 14.5 | |||||
| P/S | 6.31 | 6.13 | 5.16 | 5.52 | 5.06 | 5.64 | 5.33 | 3.97 | 4.00 | 3.77 | 4.12 | 5.1 | ||||||
| P/B | 1.38 | 1.27 | 1.07 | 0.89 | 1.05 | 1.04 | 0.99 | 0.90 | 0.96 | 0.86 | 1.04 | 1.0 | ||||||
| EV/Sales | 5.77 | 5.64 | 4.68 | 5.05 | 4.05 | 3.54 | 5.02 | 3.71 | 2.92 | 2.79 | — | 4.3 | ||||||
| EV/FCF | 13.36 | 11.50 | 12.41 | 12.41 | 9.00 | 6.00 | 13.12 | 9.45 | 11.24 | 9.14 | — | 10.8 | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | 334 | 391 | 320 | 403 | 582 | 695 | 507 | 646 | 473 | 550 | 621 | +5.7% | |||||
| Capex | 9 | (1) | (2) | (13) | (8) | 5 | (32) | (19) | (8) | (18) | (13) | n/m | ||||||
| Free cash flow | 343 | 390 | 318 | 390 | 574 | 700 | 474 | 628 | 465 | 531 | 608 | +5.0% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | (8,593) | (8,268) | (7,825) | (6,477) | (6,397) | (10,277) | (11,745) | (9,846) | (7,971) | (7,346) | (10,004) | (1.7%) | |||||
| Net debt | (432) | (391) | (410) | (448) | (1,344) | (2,548) | (424) | (458) | (1,972) | (1,748) | (2,290) | +16.8% | ||||||
| Shareholders’ equity | 3,642 | 3,824 | 4,053 | 5,971 | 6,131 | 6,427 | 6,699 | 7,079 | 7,438 | 7,616 | 9,760 | +8.5% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | 1.24 | 1.21 | 1.42 | 1.21 | 1.60 | 1.44 | 1.39 | 1.10 | 1.23 | 1.39 | 1.23 | +0.1 pt | |||||
| ROIC | 7.96 | 7.39 | 6.92 | 5.27 | 8.53 | 10.63 | 6.64 | 5.19 | 7.06 | 7.39 | 7.07 | (0.6) pt | ||||||
| ROE | 7.73 | 7.29 | 8.17 | 6.64 | 8.74 | 8.27 | 7.99 | 6.09 | 6.60 | 7.21 | 0.00 | (0.5) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | 3,035 | 3,017 | 3,036 | 3,901 | 3,756 | 3,704 | 3,633 | 3,850 | 3,916 | 3,941 | — | +2.9% | |||||
| Revenue/emp, $m | 0.26 | 0.26 | 0.28 | 0.25 | 0.34 | 0.32 | 0.34 | 0.42 | 0.46 | 0.44 | — | +6.0% | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026
Business profile
Prosperity Bancshares, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| ZION Zions Bancorporation, N.A. | $9.5B | 8.0× | 8.2× | −0.80% (below 0%: shrinking) | +20.27% (above 0%: growing) | +518.28% (above 0%: growing) | 70.88% | 0.00% | Compare |
| ONB Old National Bancorp | $9.5B | 10.2× | 9.8× | −0.23% (below 0%: shrinking) | +43.48% (above 0%: growing) | +11.48% (above 0%: growing) | 68.19% | 0.00% | Compare |
| CBC Central Bancompany | $9.0B | 20.6× | 18.2× | +10.36% (above 0%: growing) | +9.05% (above 0%: growing) | −5.17% (below 0%: shrinking) | 85.56% | 0.00% | Compare |
| PB Prosperity Bancshares, Inc. | $8.6B | 13.1× | 12.8× | +50.23% (above 0%: growing) | −18.63% (below 0%: shrinking) | +70.11% (above 0%: growing) | 75.10% | 0.00% | |
| COLB Columbia Banking System, Inc. | $8.6B | 10.6× | 10.4× | +11.63% (above 0%: growing) | +95.00% (above 0%: growing) | +238.82% (above 0%: growing) | 76.21% | 0.00% | Compare |
| WAL Western Alliance Bancorporation | $8.2B | 8.4× | 8.5× | +3.58% (above 0%: growing) | +6.52% (above 0%: growing) | +218.45% (above 0%: growing) | 69.28% | 0.00% | Compare |
| BOKF BOK Financial Corporation | $7.9B | 11.8× | 12.2× | +0.31% (above 0%: growing) | +19.82% (above 0%: growing) | −68.48% (below 0%: shrinking) | 65.45% | 0.00% | Compare |
| CBSH Commerce Bancshares, Inc. | $7.8B | 13.3× | 13.0× | +8.97% (above 0%: growing) | +1.89% (above 0%: growing) | +68.33% (above 0%: growing) | 84.16% | 0.00% | Compare |
| VLY Valley National Bancorp | $7.7B | 11.0× | 11.0× | +4.94% (above 0%: growing) | +28.57% (above 0%: growing) | +2.65% (above 0%: growing) | 62.42% | 0.00% | Compare |
| Median of peers | $8.4B | 10.8× | 10.7× | +4.26% | +20.05% | +39.91% | 70.08% | 0.00% |
From the latest earnings call
- On the second-quarter call, CEO David Zalman said integrating Prosperity’s three acquired banks was the company’s top priority.
- Zalman said Prosperity was weighing loan profitability and customer deposit relationships against competitive pricing rather than pursuing loan growth alone.
Largest institutional holders 13F, quarter to 30 June 2026
Held by institutions
87.65%
Held by the ten largest
53.63%
| Holder | Shares | Stake | Change |
|---|---|---|---|
| Vanguard | 11.47m | 11.39% | +719.25k |
| BlackRock | 10.23m | 10.16% | +858.33k |
| AQR Capital Management | 6.29m | 6.25% | −15.21k |
| State Street | 5.47m | 5.43% | +375.24k |
| Dimensional Fund Advisors | 5.07m | 5.04% | +140.93k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 4.79m | 4.76% | −143.12k |
| Morgan Stanley | 3.23m | 3.21% | +6.57k |
| Neuberger Berman | 2.90m | 2.88% | −160.02k |
| MFS Investment Management | 2.31m | 2.30% | −25.83k |
| Goldman Sachs | 2.22m | 2.21% | +1.24m |
13F filings for the quarter to 30 June 2026: long positions in US-listed shares reported by managers with $100m or more, ~45 days after the quarter.
Pay and ownership Proxy statement filed 16 March 2026
Chief executive’s pay
| Year | Total pay | Actually paid | $100 invested |
|---|---|---|---|
| 2025 | 3.43m | 3.20m | 117.06 |
| 2024 | 5.66m | 5.94m | 123.40 |
| 2023 | 3.23m | 3.05m | 107.23 |
| 2022 | 3.04m | 3.06m | 111.01 |
| 2021 | 5.53m | 5.63m | 107.13 |
Ownership
Directors and executive officers, together
3.96%
The Vanguard Group
10.11%
BlackRock, Inc.
8.77%
State Street Corporation
5.12%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards
at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s
shares at the start of the earliest year shown was worth at each year’s end.
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement
Prosperity Bancshares, Inc. (PB) Latest News
28 Oct
21 Oct
15 Oct
PB metrics, ten years each
- Revenue
- Net income
- EPS (diluted)
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
Prosperity Bancshares is a financial holding company based in Houston, founded in 1983. David E. Zalman is its chief executive officer. The company derives substantially all of its revenues and income from Prosperity Bank, which serves consumers and businesses in Texas and Oklahoma.
The bank takes deposits through checking, savings, money market and certificate of deposit accounts. It lends to households buying or improving homes and to businesses financing operations, property, construction and equipment. It also offers agricultural and consumer loans, debit and credit cards, digital banking, mortgage services, treasury management, trust and wealth management, and retail brokerage services.