Prosperity Bancshares, Inc. Operating Income

Operating Income of PB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Operating Income growth rates and interactive chart. Operating income is the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income–also called income from operations–takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities. Operating income is measured before interest and tax expenses and is a good gauge of a company's operational profitability.

Highlights and Quick Summary

  • Operating Income for the quarter ending September 29, 2021 was $163 Million (a -1.43% decrease compared to previous quarter)
  • Year-over-year quarterly Operating Income decreased by -6.08%
  • Annual Operating Income for 2020 was $653 Million (a 40.26% increase from previous year)
  • Annual Operating Income for 2019 was $466 Million (a 15.53% increase from previous year)
  • Annual Operating Income for 2018 was $403 Million (a -0.75% decrease from previous year)
  • Twelve month Operating Income ending September 29, 2021 was $673 Million (a -0.26% decrease compared to previous quarter)
  • Twelve month trailing Operating Income increased by 3.0% year-over-year
Trailing Operating Income for the last four month:
29 Sep '21 29 Jun '21 30 Mar '21 30 Dec '20
$673 Million $674 Million $656 Million $653 Million
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Historical Operating Income of Prosperity Bancshares, Inc.

Most recent Operating Incomeof PB including historical data for past 10 years.

Interactive Chart of Operating Income of Prosperity Bancshares, Inc.

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

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $163.4 $165.76 $169.51
2020 $173.98 $165.12 $147.74 $166.22 $653.05
2019 $155.79 $102.86 $103.18 $103.78 $465.61
2018 $104.52 $103.83 $102.57 $92.11 $403.04
2017 $102.18 $100.55 $100.82 $102.52 $406.07
2016 $102.16 $102.27 $101.71 $102.52 $408.66
2015 $105.13 $106.15 $108.3 $110.61 $430.2
2014 $116.75 $115.31 $113.04 $100.66 $445.75
2013 $94.17 $82.53 $80.17 $72.96 $329.82
2012 $71.89 $68.68 $55.93 $55.18 $251.68
2011 $65.02 $55.02 $53.25 $50.89 $213.77
2010 $60.33 $191.8

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.