Prosperity Bancshares, Inc. Property, Plant, Equpment (Net)

Property, Plant, Equpment (Net) of PB for past 10 years: annual, quarterly and twelve month trailing (TTM) including Property, Plant, Equpment (Net) growth rates and interactive chart. Property, plant, and equipment (aslo called PP&E) are a company's physical or tangible long-term assets that typically have a life of more than one year. Examples of PP&E include buildings, machinery, land, office equipment, furniture, and vehicles.

Highlights and Quick Summary

  • Property, Plant, Equpment (Net) for the quarter ending September 29, 2021 was $375 Million (a -0.53% decrease compared to previous quarter)
  • Year-over-year quarterly Property, Plant, Equpment (Net) decreased by -1.57%
  • Annual Property, Plant, Equpment (Net) for 2020 was $381 Million (a 0.0% decrease from previous year)
  • Annual Property, Plant, Equpment (Net) for 2019 was $381 Million (a 48.25% increase from previous year)
  • Annual Property, Plant, Equpment (Net) for 2018 was $257 Million (a 0.0% decrease from previous year)
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Historical Property, Plant, Equpment (Net) of Prosperity Bancshares, Inc.

Most recent Property, Plant, Equpment (Net)of PB including historical data for past 10 years.

Interactive Chart of Property, Plant, Equpment (Net) of Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc. Property, Plant, Equpment (Net) for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $375.0 $377.0 $382.0
2020 $381.0 $380.0 $324.98 $327.29 $381.0
2019 $326.83 $263.7 $262.48 $257.6 $381.0
2018 $257.05 $256.43 $255.47 $257.06 $257.0
2017 $257.07 $256.01 $256.51 $257.56 $257.0
2016 $262.08 $270.39 $273.1 $277.95 $262.0
2015 $268.0 $271.65 $275.35 $276.47 $268.0
2014 $281.55 $283.01 $285.75 $280.81 $281.55
2013 $282.93 $232.24 $227.46 $206.83 $282.93
2012 $205.27 $201.45 $166.27 $162.68 $205.27
2011 $159.66 $160.1 $160.12 $159.05 $159.66
2010 $159.05 $159.05

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.