Prosperity Bancshares, Inc. SG&A Expenses

SG&A Expenses of PB for past 10 years: annual, quarterly and twelve month trailing (TTM) including SG&A Expenses growth rates and interactive chart. Selling, general and administrative expense (SG&A) is reported on the income statement as the sum of all direct and indirect selling expenses and all general and administrative expenses (G&A) of a company. SG&A, also known as SGA, includes all the costs not directly tied to making a product or performing a service. That is, SG&A includes the costs to sell and deliver products and services and the costs to manage the company. It includes administrative

Highlights and Quick Summary

  • SG&A Expenses for the quarter ending June 29, 2021 was $108 Million (a -3.42% decrease compared to previous quarter)
  • Year-over-year quarterly SG&A Expenses decreased by -10.21%
  • Annual SG&A Expenses for 2020 was $478 Million (a 42.98% increase from previous year)
  • Annual SG&A Expenses for 2019 was $334 Million (a 3.07% increase from previous year)
  • Annual SG&A Expenses for 2018 was $324 Million (a 5.18% increase from previous year)
  • Twelve month SG&A Expenses ending June 29, 2021 was $452 Million (a -4.48% decrease compared to previous quarter)
  • Twelve month trailing SG&A Expenses decreased by -3.79% year-over-year
Trailing SG&A Expenses for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$452 Million $473 Million $478 Million $470 Million
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Historical SG&A Expenses of Prosperity Bancshares, Inc.

Most recent SG&A Expensesof PB including historical data for past 10 years.

Interactive Chart of SG&A Expenses of Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc. SG&A Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $107.79 $111.61
2020 $112.7 $120.04 $129.0 $116.07 $477.81
2019 $104.83 $77.27 $77.25 $74.85 $334.19
2018 $77.25 $79.49 $83.05 $84.45 $324.25
2017 $78.46 $79.67 $74.42 $75.72 $308.27
2016 $75.75 $75.77 $79.62 $88.96 $320.09
2015 $72.8 $76.07 $74.43 $75.31 $298.61
2014 $84.23 $84.43 $87.47 $66.45 $322.57
2013 $71.79 $61.43 $60.05 $54.43 $247.7
2012 $56.1 $57.67 $37.77 $36.88 $188.41
2011 $25.2 $38.14 $39.93 $39.34 $153.02
2010 $28.92 $162.85

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.