Prosperity Bancshares, Inc. Capital Expenditures

Capital Expenditures of PB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Capital Expenditures growth rates and interactive chart. Capital expenditures, commonly known as Capex, are funds used by a company to acquire, upgrade, and maintain physical or intangible assets such as property, buildings, an industrial plant, technology, software or equipment. Capex is often used to undertake new projects or investments by the firm. A company must invest over its lifetime into productive assets to maintain its competitiveness and ensure its survival.


Highlights and Quick Summary

  • Capital Expenditures for the quarter ending September 29, 2021 was $-2.02 Million (a -138.41% decrease compared to previous quarter)
  • Year-over-year quarterly Capital Expenditures decreased by -143.68%
  • Annual Capital Expenditures for 2020 was $-8.23 Million (a -37.97% decrease from previous year)
  • Annual Capital Expenditures for 2019 was $-13.3 Million (a 542.4% increase from previous year)
  • Annual Capital Expenditures for 2018 was $-2.07 Million (a 87.99% increase from previous year)
  • Twelve month Capital Expenditures ending September 29, 2021 was $10.8 Million (a 14.16% increase compared to previous quarter)
  • Twelve month trailing Capital Expenditures decreased by -231.18% year-over-year
Trailing Capital Expenditures for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$10.8 Million $9.46 Million $-1.14 Million $-8.23 Million
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Historical Capital Expenditures of Prosperity Bancshares, Inc.

Most recent Capital Expendituresof PB including historical data for past 10 years.

Interactive Chart of Capital Expenditures of Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc. Capital Expenditures for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $-2.02 $5.25 $2.95
2020 $4.62 $-3.36 $-5.35 $-4.15 $-8.23
2019 $-1.55 $-2.49 $-6.95 $-2.29 $-13.27
2018 $-3.94 $5.5 $-1.19 $-2.44 $-2.07
2017 $-3.34 $-1.27 $0.23 $3.28 $-1.1
2016 $5.34 $-0.28 $3.5 $0.05 $8.61
2015 $1.69 $0.97 $-1.45 $2.47 $3.68
2014 $3.32 $-0.79 $11.6 $2.56 $16.69
2013 $-1.94 $-4.75 $-4.8 $-0.16 $-11.65
2012 $0.33 $3.24 $-1.72 $2.55 $4.41
2011 $1.64 $-0.26 $0.0 $3.34 $4.72
2010 $5.56 $21.49

Business Profile of Prosperity Bancshares, Inc.

Sector: Financial Services
Industry: Banks—Regional
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts; and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural real estate, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services, as well as debit and credit cards. As of December 31, 2020, the company operated 275 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 65 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area, as well as 42 locations in the Dallas/Fort Worth area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.