Prosperity Bancshares (NYSE: PB) recently received a number of ratings updates from brokerages and research firms:
- 8/1/2026 – Prosperity Bancshares was upgraded by Wall Street Zen from “sell” to “hold”.
- 7/31/2026 – Prosperity Bancshares had its price target raised by TD Cowen from $82.00 to $84.00. They now have a “buy” rating on the stock.
- 7/31/2026 – Prosperity Bancshares had its price target raised by Citigroup Inc. from $75.00 to $79.00. They now have a “neutral” rating on the stock.
- 7/30/2026 – Prosperity Bancshares had its price target raised by Royal Bank Of Canada from $78.00 to $80.00. They now have a “sector perform” rating on the stock.
- 7/30/2026 – Prosperity Bancshares had its price target raised by Piper Sandler from $75.00 to $80.00. They now have a “neutral” rating on the stock.
- 7/29/2026 – Prosperity Bancshares was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
- 7/6/2026 – Prosperity Bancshares had its “equal weight” rating reaffirmed by Morgan Stanley. They now have a $80.00 price target on the stock, down from $85.00.
- 7/1/2026 – Prosperity Bancshares was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 6/29/2026 – Prosperity Bancshares had its price target raised by Morgan Stanley from $83.00 to $85.00. They now have an “overweight” rating on the stock.
- 6/25/2026 – Prosperity Bancshares had its price target raised by Citigroup Inc. from $74.00 to $75.00. They now have a “neutral” rating on the stock.
- 6/24/2026 – Prosperity Bancshares is now covered by Benchmark Co.. They set a “hold” rating on the stock.
- 6/23/2026 – Prosperity Bancshares had its “overweight” rating reaffirmed by Cantor Fitzgerald. They now have a $80.00 price target on the stock.
Prosperity Bancshares Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.60 per share. The ex-dividend date is Tuesday, September 15th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.2%. Prosperity Bancshares’s dividend payout ratio is currently 41.59%.
Insider Activity at Prosperity Bancshares
In related news, Director Ned S. Holmes sold 500 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $74.14, for a total value of $37,070.00. Following the completion of the transaction, the director directly owned 71,115 shares of the company’s stock, valued at approximately $5,272,466.10. This trade represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 12,100 shares of company stock valued at $867,559. Corporate insiders own 3.96% of the company’s stock.
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.
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