Wedbush Boosts Earnings Estimates for Prosperity Bancshares

Prosperity Bancshares, Inc. (NYSE:PB) – Analysts at Wedbush increased their Q2 2025 earnings per share estimates for Prosperity Bancshares in a research note issued to investors on Wednesday, October 23rd. Wedbush analyst D. Chiaverini now anticipates that the bank will post earnings of $1.43 per share for the quarter, up from their previous estimate of $1.42. Wedbush has a “Outperform” rating and a $90.00 price objective 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.

Several other research firms have also recently issued reports on PB. Morgan Stanley raised Prosperity Bancshares from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $75.00 to $86.00 in a research note on Monday, August 5th. StockNews.com cut Prosperity Bancshares from a “hold” rating to a “sell” rating in a research note on Wednesday, August 28th. Barclays boosted their target price on Prosperity Bancshares from $75.00 to $76.00 and gave the company an “equal weight” rating in a research note on Thursday. Truist Financial cut Prosperity Bancshares from a “buy” rating to a “hold” rating and reduced their target price for the company from $81.00 to $79.00 in a research note on Friday, September 20th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $77.00 price target on shares of Prosperity Bancshares in a research note on Thursday. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $77.58.

Prosperity Bancshares Stock Performance

PB opened at $72.26 on Friday. Prosperity Bancshares has a 52-week low of $52.49 and a 52-week high of $75.28. The stock has a market capitalization of $6.93 billion, a PE ratio of 16.65, a price-to-earnings-growth ratio of 1.52 and a beta of 0.89. The stock’s 50 day moving average price is $72.21 and its 200-day moving average price is $66.64.

Prosperity Bancshares (NYSE:PB) last announced its quarterly earnings data on Wednesday, October 23rd. The bank reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.03. Prosperity Bancshares had a return on equity of 6.32% and a net margin of 25.10%. The firm had revenue of $459.00 million during the quarter, compared to the consensus estimate of $299.83 million. During the same quarter in the previous year, the company posted $1.20 earnings per share.

Prosperity Bancshares Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Friday, December 13th will be paid a $0.58 dividend. This is a boost 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 3.21%. The ex-dividend date of this dividend is Friday, December 13th. Prosperity Bancshares’s dividend payout ratio is currently 53.46%.

Institutional Investors Weigh In On Prosperity Bancshares

Institutional investors have recently modified their holdings of the stock. Kingsview Wealth Management LLC bought a new position in shares of Prosperity Bancshares during the first quarter valued at $2,343,000. Amica Mutual Insurance Co. lifted its holdings in shares of Prosperity Bancshares by 41.9% during the second quarter. Amica Mutual Insurance Co. now owns 157,770 shares of the bank’s stock valued at $9,646,000 after purchasing an additional 46,593 shares in the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Prosperity Bancshares by 14.8% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 784,910 shares of the bank’s stock valued at $51,631,000 after purchasing an additional 101,230 shares in the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of Prosperity Bancshares by 394.8% during the second quarter. Harbor Capital Advisors Inc. now owns 11,465 shares of the bank’s stock valued at $701,000 after purchasing an additional 9,148 shares in the last quarter. Finally, Thrivent Financial for Lutherans lifted its holdings in shares of Prosperity Bancshares by 16.0% during the second quarter. Thrivent Financial for Lutherans now owns 811,772 shares of the bank’s stock valued at $49,632,000 after purchasing an additional 112,101 shares in the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

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.