Prosperity Bancshares, Inc. ROIC

ROIC of PB for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.


Highlights and Quick Summary

  • Annual ROIC for 2020 was 7.8% (a 94.51% increase from previous year)
  • Annual ROIC for 2019 was 4.01% (a -21.06% decrease from previous year)
  • Annual ROIC for 2018 was 5.08% (a -14.77% decrease from previous year)
  • Twelve month ROIC ending June 29, 2021 was 7.35% (a -15.81% decrease compared to previous quarter)
  • Twelve month trailing ROIC increased by 2.08% year-over-year
Trailing ROIC for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
7.35% 8.73% 7.8% 7.2%
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Historical ROIC of Prosperity Bancshares, Inc.

Most recent ROICof PB including historical data for past 10 years.

Interactive Chart of ROIC of Prosperity Bancshares, Inc.

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

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 7.8%
2019 4.01%
2018 5.08%
2017 5.96%
2016 5.66%
2015 9.27%
2014 10.19%
2013 8.15%
2012 8.51%
2011 9.29%
2010 8.65%

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.