Prosperity Bancshares Inc.

NYSE:PB   3:59:59 PM EDT
+1.46 (+2.59%)
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Market Cap (Intraday)5.35B
Current PE12.46
Forward PE 10.62
2yr Forward PE 11.72
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Estimates Current Quarter
Revenue$282.63 Million
Adjusted EPS$1.30
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10-Day MA$56.56
50-Day MA$59.01
200-Day MA$62.23
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United States of America
Phone: 7136939300
Number of Employees: 3036


Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides a range of retail and commercial banking services to small and medium-sized businesses, and consumers. The company offers various deposit products, including demand, savings, money market, and time accounts. It also provides one to four family residential mortgage loans, commercial mortgage and multifamily residential loans, commercial and industrial loans, agricultural real estate loans, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, such as automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as debit and credit cards. In addition, the company offers Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services. As of December 31, 2016, it operated 245 full service banking locations, including 65 in the Houston area, including The Woodlands; 29 in the South Texas area consisting of Corpus Christi and Victoria; 36 in the Dallas/Fort Worth area; 22 in the East Texas area; 29 in the Central Texas area comprising Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa, and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area. The company was founded in 1983 and is based in Houston, Texas.