Q2 EPS Estimates for Prosperity Bancshares Lifted by Wedbush

Prosperity Bancshares, Inc. (NYSE:PB) – Equities researchers at Wedbush lifted their Q2 2025 earnings per share (EPS) estimates for shares of Prosperity Bancshares in a research note issued on Wednesday, October 23rd. Wedbush analyst D. Chiaverini now anticipates that the bank will post earnings per share of $1.43 for the quarter, up from their previous forecast of $1.42. Wedbush currently has a “Outperform” rating and a $90.00 target price on the stock. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.03 per share. Wedbush also issued estimates for Prosperity Bancshares’ Q4 2025 earnings at $1.55 EPS and FY2026 earnings at $6.45 EPS.

Prosperity Bancshares (NYSE:PB) last released its earnings results on Wednesday, October 23rd. The bank reported $1.34 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. Prosperity Bancshares had a return on equity of 6.32% and a net margin of 25.10%. During the same period in the prior year, the company earned $1.20 earnings per share.

A number of other research analysts have also recently issued reports on PB. Raymond James cut shares of Prosperity Bancshares from a “strong-buy” rating to an “outperform” rating and set a $80.00 target price for the company. in a report on Tuesday, September 17th. Hovde Group raised their price objective on Prosperity Bancshares from $80.50 to $82.50 and gave the company an “outperform” rating in a research note on Monday, August 26th. Piper Sandler lifted their price objective on Prosperity Bancshares from $73.00 to $80.00 and gave the stock an “overweight” rating in a report on Thursday, July 25th. Morgan Stanley raised Prosperity Bancshares from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $75.00 to $86.00 in a report on Monday, August 5th. Finally, Barclays raised their price target on Prosperity Bancshares from $75.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $77.58.

Prosperity Bancshares Stock Up 0.3 %

Shares of NYSE PB opened at $73.53 on Friday. The stock has a market capitalization of $7.00 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 1.52 and a beta of 0.89. Prosperity Bancshares has a 52 week low of $49.82 and a 52 week high of $75.28. The firm has a 50-day moving average price of $72.19 and a 200 day moving average price of $66.58.

Hedge Funds Weigh In On Prosperity Bancshares

Several institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in shares of Prosperity Bancshares by 10.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 3,855 shares of the bank’s stock worth $261,000 after purchasing an additional 355 shares during the period. Harbour Capital Advisors LLC purchased a new position in Prosperity Bancshares during the first quarter worth about $249,000. Vaughan Nelson Investment Management L.P. boosted its stake in Prosperity Bancshares by 14.8% in the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 784,910 shares of the bank’s stock worth $51,631,000 after buying an additional 101,230 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Prosperity Bancshares by 666,140.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 146,573 shares of the bank’s stock worth $9,642,000 after buying an additional 146,551 shares during the last quarter. Finally, State of Michigan Retirement System grew its holdings in Prosperity Bancshares by 2.2% in the 1st quarter. State of Michigan Retirement System now owns 22,997 shares of the bank’s stock valued at $1,513,000 after buying an additional 500 shares during the period. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Prosperity Bancshares Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be issued a dividend of $0.58 per share. The ex-dividend date of this dividend is Friday, December 13th. This is an increase from Prosperity Bancshares’s previous quarterly dividend of $0.56. This represents a $2.32 dividend on an annualized basis and a dividend yield of 3.16%. Prosperity Bancshares’s payout ratio is 49.02%.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, 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; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery.