Royal Bank of Canada Has $1.08 Million Holdings in Prosperity Bancshares, Inc. $PB

Royal Bank of Canada lifted its position in Prosperity Bancshares, Inc. (NYSE:PB) by 76.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,020 shares of the bank’s stock after acquiring an additional 6,917 shares during the quarter. Royal Bank of Canada’s holdings in Prosperity Bancshares were worth $1,077,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sepio Capital LP raised its stake in Prosperity Bancshares by 2.4% during the 4th quarter. Sepio Capital LP now owns 5,701 shares of the bank’s stock valued at $394,000 after purchasing an additional 133 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Prosperity Bancshares by 1.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 14,324 shares of the bank’s stock worth $990,000 after buying an additional 145 shares during the period. Osaic Holdings Inc. boosted its position in shares of Prosperity Bancshares by 34.9% in the second quarter. Osaic Holdings Inc. now owns 719 shares of the bank’s stock worth $51,000 after buying an additional 186 shares during the period. Earned Wealth Advisors LLC grew its holdings in shares of Prosperity Bancshares by 6.2% during the first quarter. Earned Wealth Advisors LLC now owns 3,639 shares of the bank’s stock valued at $244,000 after buying an additional 213 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Prosperity Bancshares by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 39,655 shares of the bank’s stock valued at $2,631,000 after buying an additional 228 shares in the last quarter. Institutional investors and hedge funds own 80.69% of the company’s stock.

Prosperity Bancshares Trading Up 0.4%

NYSE PB opened at $72.86 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.01. Prosperity Bancshares, Inc. has a 1-year low of $61.06 and a 1-year high of $77.20. The firm’s fifty day simple moving average is $73.01 and its 200-day simple moving average is $70.53. The company has a market capitalization of $7.35 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 0.79 and a beta of 0.64.

Prosperity Bancshares (NYSE:PB) last released its quarterly earnings data on Wednesday, July 29th. The bank reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.12. Prosperity Bancshares had a return on equity of 7.39% and a net margin of 29.95%.The firm had revenue of $369.18 million during the quarter, compared to analysts’ expectations of $380.73 million. During the same quarter last year, the firm earned $1.42 earnings per share. The business’s revenue for the quarter was up 25.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Prosperity Bancshares, Inc. will post 6.47 earnings per share for the current fiscal year.

Prosperity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s payout ratio is currently 41.59%.

Analyst Ratings Changes

PB has been the subject of several research analyst reports. Weiss Ratings raised Prosperity Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 29th. Wall Street Zen raised Prosperity Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. TD Cowen upped their target price on Prosperity Bancshares from $82.00 to $84.00 and gave the company a “buy” rating in a report on Friday, July 31st. Piper Sandler upped their target price on Prosperity Bancshares from $75.00 to $80.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Finally, Royal Bank Of Canada increased their price target on shares of Prosperity Bancshares from $78.00 to $80.00 and gave the stock a “sector perform” rating in a research report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Prosperity Bancshares presently has an average rating of “Hold” and a consensus target price of $78.36.

Key Prosperity Bancshares News

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

• Positive Sentiment: Zacks raised several earnings forecasts. The firm increased its FY2026 EPS estimate to $6.40 from $6.24, lifted FY2027 EPS to $7.22 from $7.16, and raised estimates for Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q4 2027 and Q1 2028. These revisions signal improving expectations for PB’s medium-term profitability. Prosperity Bancshares analyst estimates
• Neutral Sentiment: Investors are comparing PB’s valuation with Cullen/Frost Bankers. A Zacks analysis examines which Southwest bank offers the better value opportunity. PB trades at a relatively modest valuation, with a reported P/E ratio near 12.6, but the article’s impact depends on its comparative conclusion and may be limited without a new company-specific catalyst. PB versus CFR value analysis
• Negative Sentiment: Some future-quarter estimates were reduced. Zacks lowered its Q3 2027 EPS forecast to $1.81 from $1.85 and trimmed its Q2 2028 estimate to $1.92 from $1.93. The cuts are small, but they indicate that the earnings outlook is not uniformly improving. Prosperity Bancshares revised estimates
• Negative Sentiment: Director Ned S. Holmes sold 1,100 shares for approximately $81,000 across two transactions at prices around $73.64–$73.67. He retained a substantial position, so the sales are not necessarily a strong bearish signal, but insider selling can weigh modestly on sentiment. SEC insider transaction filing

Insider Activity

In related news, Director Ned S. Holmes sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $73.64, for a total value of $36,820.00. Following the completion of the sale, the director owned 70,615 shares of the company’s stock, valued at approximately $5,200,088.60. The trade was a 0.70% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last three months, insiders sold 12,100 shares of company stock worth $872,923. 3.96% of the stock is owned by insiders.

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.