Prosperity Bancshares (PB) Projected to Release Earnings on Wednesday

Prosperity Bancshares (NYSE:PB) is expected to post its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Prosperity Bancshares to announce earnings of $1.35 per share and revenue of $491.49 million for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 11:30 AM ET.

Prosperity Bancshares (NYSE:PB) last released its earnings results on Wednesday, July 29th. The bank reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.50 by $0.12. Prosperity Bancshares had a net margin of 29.95% and a return on equity of 7.39%. The firm had revenue of $391.25 million during the quarter, compared to analyst estimates of $380.73 million. During the same quarter in the previous year, the firm earned $1.42 earnings per share. The firm’s revenue for the quarter was up 25.9% compared to the same quarter last year. On average, analysts expect Prosperity Bancshares to post $6.46 EPS for the current fiscal year and $7.36 EPS for the next fiscal year.

Prosperity Bancshares Trading Up 0.4%

Prosperity Bancshares stock opened at $69.78 on Tuesday. The firm’s 50-day moving average is $69.72 and its 200-day moving average is $70.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.75 and a current ratio of 0.75. Prosperity Bancshares has a 1 year low of $62.58 and a 1 year high of $77.20. The company has a market cap of $7.04 billion, a P/E ratio of 12.09, a PEG ratio of 0.77 and a beta of 0.66.

Prosperity Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Tuesday, December 15th will be given a dividend of $0.64 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 3.7%. This is a boost from Prosperity Bancshares’s previous quarterly dividend of $0.60. Prosperity Bancshares’s payout ratio is currently 41.59%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PB. Raymond James Financial upgraded Prosperity Bancshares from a “market perform” rating to an “outperform” rating and set a $78.00 target price for the company in a research note on Tuesday, October 6th. TD Cowen lowered their target price on Prosperity Bancshares from $84.00 to $78.00 and set a “buy” rating for the company in a report on Monday, October 5th. Barclays increased their price target on Prosperity Bancshares from $68.00 to $70.00 and gave the stock an “underweight” rating in a research report on Monday, October 5th. Piper Sandler raised their price target on Prosperity Bancshares from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Finally, Cantor Fitzgerald cut their price target on Prosperity Bancshares from $85.00 to $78.00 and set an “overweight” rating on the stock in a report on Wednesday, October 14th. Six investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $77.55.

Insider Buying and Selling

In other Prosperity Bancshares news, Director Ned Holmes sold 500 shares of Prosperity Bancshares stock in a transaction on Wednesday, October 21st. The stock was sold at an average price of $68.25, for a total transaction of $34,125.00. Following the sale, the director owned 66,115 shares of the company’s stock, valued at $4,512,348.75. The trade was a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders sold 13,800 shares of company stock valued at $977,902. 3.96% of the stock is owned by company insiders.

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a regional bank holding company headquartered in Houston, Texas. Through its principal subsidiary, Prosperity Bank, the company provides banking and financial services to individuals, businesses, and public entities.

Prosperity Bank offers deposit products, commercial and consumer lending, mortgage and real estate lending, treasury management, online and mobile banking, and other traditional banking services. Its lending activities include financing for commercial businesses, agriculture, residential and commercial real estate, and personal needs.

Founded in 1983, Prosperity Bancshares has expanded primarily through organic growth and the acquisition of community banks.