PB Stock Recent News

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?

Prosperity Bancshares (PB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

HOUSTON , July 17, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.56 per share for the third quarter of 2024, payable October 1, 2024, to shareholders of record as of September 13, 2024. Prosperity Bancshares, Inc.® As of March 31, 2024, Prosperity Bancshares, Inc.® is a $38.757 billion Houston, Texas based regional financial holding company providing personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma.

Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Prosperity Bancshares (PB) is well-positioned for growth given strategic acquisitions, improving deposit mix and decent loan demand. However, contracting NIM and weak mortgage income are woes.

HOUSTON , June 26, 2024 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2024 Earnings Announcement, scheduled before the market opens on Wednesday, July 24, 2024, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?

Prosperity Bancshares is an attractive bank for dividend investors, with a growing dividend and low cost of deposits. The bank operates in fast-growing metropolitan areas in Texas and Oklahoma, which provide strong growth prospects. While loan growth is currently slow, the bank has the capital to increase its loan portfolio and expects growth to pick up with rate cuts.

Prosperity Bancshares' (PB) strategic acquisitions, solid loan and deposit balances alongside decent fee income aid top-line growth. Yet, weak mortgage income and subdued net interest margin are woes.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?