Prosperity Financial Statements From 2010 to 2024

PB Stock  USD 84.17  0.56  0.66%   
Prosperity Bancshares financial statements provide useful quarterly and yearly information to potential Prosperity Bancshares investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Prosperity Bancshares financial statements helps investors assess Prosperity Bancshares' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Prosperity Bancshares' valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.3871
Market Capitalization
B
Enterprise Value Revenue
10.7128
Revenue
1.1 B
We have found one hundred twenty available trending fundamental ratios for Prosperity Bancshares, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to check out all of Prosperity Bancshares recent market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. The current year's Market Cap is expected to grow to about 6.3 B. The current year's Enterprise Value is expected to grow to about 7.6 B

Prosperity Bancshares Total Revenue

1.12 Billion

Check Prosperity Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prosperity Bancshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 512.5 M or Selling General Administrative of 391 M, as well as many indicators such as Price To Sales Ratio of 4.23, Dividend Yield of 0.0343 or PTB Ratio of 1.56. Prosperity financial statements analysis is a perfect complement when working with Prosperity Bancshares Valuation or Volatility modules.
  
Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.

Prosperity Bancshares Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets40.5 B38.5 B25 B
Slightly volatile
Short and Long Term Debt Total3.9 B3.7 B1.3 B
Slightly volatile
Total Current Liabilities14.5 B13.9 B2.3 B
Slightly volatile
Total Stockholder Equity7.4 B7.1 B4.3 B
Slightly volatile
Property Plant And Equipment Net427.1 M406.8 M274.8 M
Slightly volatile
Retained Earnings3.4 B3.3 B1.8 B
Slightly volatile
Accounts Payable36.6 M34.8 M7.4 M
Slightly volatile
Cash407.1 M458.2 M611.3 M
Slightly volatile
Non Current Assets Total40 B38.1 B14.7 B
Slightly volatile
Cash And Short Term Investments532.9 M458.4 M824.1 M
Slightly volatile
Net Receivables101.1 M96.3 M60.6 M
Slightly volatile
Common Stock Shares Outstanding53.3 M92.9 M67.5 M
Slightly volatile
Liabilities And Stockholders Equity40.5 B38.5 B25 B
Slightly volatile
Non Current Liabilities Total18.6 B17.7 B5.2 B
Slightly volatile
Other Stockholder Equity3.9 B3.7 B2.4 B
Slightly volatile
Total Liabilities33 B31.5 B16.8 B
Slightly volatile
Total Current Assets527 M554.7 M5.3 B
Slightly volatile
Other Current Assets528.6 M556.4 M4.8 B
Slightly volatile
Property Plant And Equipment Gross581 M553.3 M316.3 M
Slightly volatile
Common Stock Total Equity53.7 M106 M70.3 M
Slightly volatile
Short Term Debt4.2 BB1.1 B
Slightly volatile
Common Stock57.5 M93.7 M69.7 M
Slightly volatile
Other Liabilities73 M146 M94.9 M
Slightly volatile
Good Will3.6 B3.4 B2.2 B
Slightly volatile
Short Term Investments332.3 M438.6 M278.3 M
Slightly volatile
Intangible Assets44.8 M64 M47.7 M
Slightly volatile
Property Plant Equipment195.2 M390.4 M258.6 M
Slightly volatile
Net Tangible Assets2.2 B3.9 BB
Slightly volatile
Capital Surpluse2.6 B4.1 B2.5 B
Slightly volatile
Long Term Investments12.2 B12.8 B10.9 B
Slightly volatile
Non Current Liabilities Other432.2 M728.8 M433.6 M
Slightly volatile
Earning Assets11 B14.8 B10.5 B
Slightly volatile
Net Invested Capital6.5 B10.8 B4.7 B
Pretty Stable
Capital Stock98 M93.7 M79.4 M
Slightly volatile

Prosperity Bancshares Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization15.8 M31 M20.3 M
Slightly volatile
Interest Expense512.5 M488.1 M120.8 M
Slightly volatile
Selling General Administrative391 M372.3 M234.9 M
Slightly volatile
Total Revenue1.1 B1.1 B763.1 M
Slightly volatile
Gross Profit1.7 B1.6 B835.6 M
Slightly volatile
Other Operating Expenses419.9 M399.9 M248.6 M
Slightly volatile
Operating Income725.8 M691.3 M481.1 M
Slightly volatile
EBIT323.5 M534.5 M437.9 M
Slightly volatile
EBITDA339.3 M565.4 M458.2 M
Slightly volatile
Income Before Tax275.6 M534.5 M406.3 M
Slightly volatile
Net Income440.3 M419.3 M316.8 M
Slightly volatile
Income Tax Expense74.2 M115.1 M105.4 M
Slightly volatile
Net Income Applicable To Common Shares633.4 M603.2 M342.2 M
Slightly volatile
Net Income From Continuing Ops351.9 M461.7 M322 M
Slightly volatile
Selling And Marketing Expenses3.2 M3.2 M2.8 M
Slightly volatile
Tax Provision98.1 M126 M128 M
Slightly volatile
Net Interest Income881.2 M975.6 M749.6 M
Slightly volatile
Interest IncomeB1.4 B840.1 M
Slightly volatile
Reconciled Depreciation27.8 M29.8 M22.6 M
Slightly volatile

Prosperity Bancshares Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow649.3 M618.4 M379.8 M
Slightly volatile
Begin Period Cash Flow413.6 M424.1 M592.5 M
Slightly volatile
Depreciation16.9 M31 M20.9 M
Slightly volatile
Dividends Paid216 M205.7 M111 M
Slightly volatile
Capital Expenditures35.9 M34.2 M18.1 M
Slightly volatile
Total Cash From Operating Activities678.7 M646.4 M397 M
Slightly volatile
Net Income440.3 M419.3 M316.8 M
Slightly volatile
End Period Cash Flow430.2 M458.4 M613.1 M
Slightly volatile
Stock Based CompensationM12.2 M8.3 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.235.89095.5689
Slightly volatile
Dividend Yield0.03430.03270.0227
Slightly volatile
PTB Ratio1.560.88881.1885
Slightly volatile
Days Sales Outstanding46.1532.916832.6259
Pretty Stable
Book Value Per Share47.4276.202195.8218
Slightly volatile
Free Cash Flow Yield0.0670.09830.0824
Pretty Stable
Operating Cash Flow Per Share7.316.95745.1919
Slightly volatile
Stock Based Compensation To Revenue0.00730.01140.0103
Slightly volatile
Capex To Depreciation1.161.10320.7981
Slightly volatile
PB Ratio1.560.88881.1885
Slightly volatile
EV To Sales9.48.94946.0032
Slightly volatile
Free Cash Flow Per Share6.996.65624.9606
Slightly volatile
ROIC0.04770.05020.0968
Slightly volatile
Net Income Per Share2.284.51353.974
Slightly volatile
Sales General And Administrative To Revenue0.220.34860.2942
Pretty Stable
Capex To Revenue0.03010.0320.0252
Pretty Stable
Cash Per Share9.039.652511.636
Slightly volatile
POCF Ratio9.569.73511.4568
Very volatile
Interest Coverage1.351.41626.854
Pretty Stable
Payout Ratio0.520.49060.3226
Slightly volatile
Capex To Operating Cash Flow0.07890.05280.0553
Pretty Stable
PFCF Ratio14.8210.175512.4311
Pretty Stable
Income Quality1.441.54151.2563
Very volatile
ROE0.10.05920.0837
Slightly volatile
EV To Operating Cash Flow9.4614.789211.5572
Slightly volatile
PE Ratio16.3715.00614.4018
Pretty Stable
Return On Tangible Assets0.01070.0120.0138
Very volatile
EV To Free Cash Flow10.6215.458412.2341
Slightly volatile
Earnings Yield0.05480.06660.0704
Pretty Stable
Intangibles To Total Assets0.06090.08980.0834
Pretty Stable
Current Ratio0.0380.04748
Pretty Stable
Tangible Book Value Per Share31.7238.957768.0128
Slightly volatile
Receivables Turnover8.1711.088612.0935
Pretty Stable
Graham Number92.3787.969771.5718
Slightly volatile
Shareholders Equity Per Share80.0176.202155.3927
Slightly volatile
Debt To Equity0.640.610.1915
Slightly volatile
Capex Per Share0.390.36760.2405
Slightly volatile
Revenue Per Share5.9511.49749.7169
Slightly volatile
Interest Debt Per Share47.6245.3510.5188
Slightly volatile
Debt To Assets0.09130.0870.0297
Slightly volatile
Enterprise Value Over EBITDA7.8610.489.8578
Very volatile
Short Term Coverage Ratios0.670.360.5504
Slightly volatile
Price Earnings Ratio16.3715.00614.4018
Pretty Stable
Operating Cycle26.3429.6332.2592
Slightly volatile
Price Book Value Ratio1.560.88881.1885
Slightly volatile
Dividend Payout Ratio0.520.49060.3226
Slightly volatile
Price To Operating Cash Flows Ratio9.569.73511.4568
Very volatile
Price To Free Cash Flows Ratio14.8210.175512.4311
Pretty Stable
Pretax Profit Margin0.410.50040.5411
Very volatile
Ebt Per Ebit0.520.77310.8098
Very volatile
Operating Profit Margin0.870.64720.6783
Pretty Stable
Effective Tax Rate0.330.21540.2793
Slightly volatile
Company Equity Multiplier8.75.44516.6718
Slightly volatile
Long Term Debt To Capitalization0.420.40.1082
Slightly volatile
Total Debt To Capitalization0.420.40.142
Slightly volatile
Return On Capital Employed0.02660.0280.0232
Slightly volatile
Debt Equity Ratio0.640.610.1915
Slightly volatile
Ebit Per Revenue0.870.64720.6783
Pretty Stable
Quick Ratio0.0380.04914
Pretty Stable
Dividend Paid And Capex Coverage Ratio4.492.69463.4954
Slightly volatile
Net Income Per E B T0.560.78460.7133
Slightly volatile
Cash Ratio0.03140.0331192
Pretty Stable
Cash Conversion Cycle45.551.1955.7391
Slightly volatile
Operating Cash Flow Sales Ratio0.380.60510.4856
Pretty Stable
Days Of Sales Outstanding46.1532.916832.6259
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.740.95670.9332
Pretty Stable
Cash Flow Coverage Ratios0.150.1623.7351
Very volatile
Price To Book Ratio1.560.88881.1885
Slightly volatile
Fixed Asset Turnover2.132.62572.6919
Slightly volatile
Capital Expenditure Coverage Ratio32.4718.925326.9375
Very volatile
Price Cash Flow Ratio9.569.73511.4568
Very volatile
Enterprise Value Multiple7.8610.489.8578
Very volatile
Debt Ratio0.09130.0870.0297
Slightly volatile
Cash Flow To Debt Ratio0.150.1623.7351
Very volatile
Price Sales Ratio4.235.89095.5689
Slightly volatile
Return On Assets0.00980.01090.0126
Very volatile
Asset Turnover0.03840.02770.0328
Slightly volatile
Net Profit Margin0.290.39260.3917
Slightly volatile
Gross Profit Margin1.21.351.467
Slightly volatile
Price Fair Value1.560.88881.1885
Slightly volatile
Return On Equity0.10.05920.0837
Slightly volatile

Prosperity Bancshares Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap6.3 BB6.1 B
Slightly volatile
Enterprise Value7.6 B7.3 B7.5 B
Slightly volatile

Prosperity Fundamental Market Drivers

Forward Price Earnings14.5138
Cash And Short Term Investments458.4 M

Prosperity Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Prosperity Bancshares Financial Statements

Prosperity Bancshares stakeholders use historical fundamental indicators, such as Prosperity Bancshares' revenue or net income, to determine how well the company is positioned to perform in the future. Although Prosperity Bancshares investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prosperity Bancshares' assets and liabilities are reflected in the revenues and expenses on Prosperity Bancshares' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Prosperity Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-40 M-42 M
Total Revenue1.1 B1.1 B
Cost Of Revenue-477.4 M-453.5 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.35  0.22 
Capex To Revenue 0.03  0.03 
Revenue Per Share 11.50  5.95 
Ebit Per Revenue 0.65  0.87 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.116
Dividend Share
2.24
Earnings Share
4.69
Revenue Per Share
12.146
Quarterly Revenue Growth
0.088
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.