Prosperity Bancshares (NYSE:PB) Director Sells 600 Shares of Stock

Prosperity Bancshares, Inc. (NYSE:PB) Director Ned Holmes sold 600 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $74.26, for a total transaction of $44,556.00. Following the completion of the sale, the director directly owned 39,500 shares in the company, valued at approximately $2,933,270. The trade was a 1.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Prosperity Bancshares Price Performance

NYSE:PB traded up $0.83 during mid-day trading on Thursday, hitting $75.06. The company’s stock had a trading volume of 243,473 shares, compared to its average volume of 1,162,431. The company has a market capitalization of $7.57 billion, a price-to-earnings ratio of 13.60, a P/E/G ratio of 1.18 and a beta of 0.63. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.01. Prosperity Bancshares, Inc. has a fifty-two week low of $61.06 and a fifty-two week high of $77.20. The stock has a fifty day moving average of $71.42 and a 200-day moving average of $70.24.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings data on Wednesday, July 29th. The bank reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.11. Prosperity Bancshares had a return on equity of 7.20% and a net margin of 29.50%.The company had revenue of $391.25 million for the quarter, compared to the consensus estimate of $380.73 million. During the same period in the previous year, the business earned $1.42 earnings per share. The company’s quarterly revenue was up 25.9% on a year-over-year basis. As a group, equities analysts forecast that Prosperity Bancshares, Inc. will post 6.25 EPS for the current fiscal year.

Prosperity Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio (DPR) is 43.48%.

Analyst Upgrades and Downgrades

PB has been the subject of a number of analyst reports. Weiss Ratings raised Prosperity Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, July 1st. Morgan Stanley reissued an “equal weight” rating and set a $80.00 price target (down from $85.00) on shares of Prosperity Bancshares in a report on Monday, July 6th. TD Cowen raised their price objective on shares of Prosperity Bancshares from $77.00 to $79.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Piper Sandler boosted their target price on Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Finally, Benchmark initiated coverage on Prosperity Bancshares in a report on Wednesday, June 24th. They set a “hold” rating for the company. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $76.36.

Hedge Funds Weigh In On Prosperity Bancshares

A number of large investors have recently modified their holdings of the stock. Danske Bank A S bought a new stake in shares of Prosperity Bancshares during the third quarter valued at approximately $40,000. SouthState Bank Corp bought a new position in Prosperity Bancshares in the 4th quarter valued at $49,000. Osaic Holdings Inc. boosted its position in Prosperity Bancshares by 34.9% in the 2nd quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock valued at $51,000 after buying an additional 186 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Prosperity Bancshares in the 4th quarter valued at $55,000. Finally, Group One Trading LLC acquired a new stake in shares of Prosperity Bancshares in the 4th quarter valued at $66,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Prosperity Bancshares

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Q2 earnings and revenue exceeded estimates. Prosperity reported adjusted diluted EPS of $1.62, ahead of the $1.51–$1.54 consensus range, while revenue of approximately $391.3 million surpassed the $380.7 million estimate. EPS increased from $1.42 a year earlier, and revenue rose 25.9% year over year. Prosperity Bancshares Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: Core banking trends improved. Net interest margin expanded to 3.47% from 3.18% a year ago, net interest income increased 23.5% to $330.6 million, and nonperforming assets remained low at 0.34% of average interest-earning assets. The company also declared a quarterly dividend of $0.60 per share and repurchased roughly 200,000 shares during the quarter. Prosperity Bancshares Reports Second Quarter 2026 Earnings
• Positive Sentiment: The Stellar Bancorp merger adds scale and potential upside. Completed July 1, the transaction contributed approximately $10.4 billion in assets, $7.5 billion in loans and $8.7 billion in deposits, strengthening Prosperity’s position in its markets. Management’s earnings call focused on the merger’s potential benefits, although investors will monitor integration execution. Prosperity Bancshares Earnings Call Highlights Merger Upside
• Neutral Sentiment: Analyst sentiment remains cautious. Prosperity Bancshares received an average “Hold” recommendation, indicating that the earnings beat and merger opportunity may already be partly reflected in the valuation. Prosperity Bancshares Receives Average Hold Recommendation
• Negative Sentiment: Reported insider activity is a potential overhang. Recent disclosures showed numerous insider sales and no insider purchases over the past six months, which could temper investor enthusiasm despite the solid quarterly performance.

About Prosperity Bancshares

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.