Prosperity Bancshares, Inc. is a bank holding company operating through its main subsidiary, Prosperity Bank. The Bank offers a variety of traditional loan and deposit products to its customers, which consist primarily of consumers and small and medium-sized businesses. It also offers commercial loans, loans for automobiles and other consumer durables, home equity loans, debit and credit cards, internet banking and other cash management services, mobile banking, trust and wealth management, retail brokerage services, mortgage banking services and automated telephone banking. By offering certificates of deposit, interest checking accounts, savings accounts and overdraft protection at competitive rates, the Bank gives its depositors a full range of traditional deposit products.

Type
Public
HQ
Houston, US
Founded
1983
Size (employees)
3,035 (est)
Prosperity Bancshares was founded in 1983 and is headquartered in Houston, US
Report incorrect company information

Prosperity Bancshares Office Locations

Prosperity Bancshares has an office in Houston
Houston, US (HQ)
4295 San Felipe St
Show all (1)
Report incorrect company information

Prosperity Bancshares Financials and Metrics

Prosperity Bancshares Financials

Prosperity Bancshares's revenue was reported to be $675.78 m in FY, 2016 which is a 0.9% increase from the previous period.
USD

Revenue (Q1, 2018)

199 m

Gross profit (Q1, 2018)

181.2 m

Gross profit margin (Q1, 2018), %

91.1%

Net income (Q1, 2018)

74.4 m

EBIT (Q1, 2018)

153.2 m

Market capitalization (23-May-2018)

5.2 b

Closing share price (23-May-2018)

74.9

Cash (31-Mar-2018)

244 m
Prosperity Bancshares's current market capitalization is $5.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

634.7 m837.7 m669.7 m675.8 m

Revenue growth, %

32%(20%)1%

Cost of goods sold

40.5 m43.6 m39.2 m43.2 m60.5 m

Gross profit

594.3 m794 m630.5 m632.6 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

198.3 m197.3 m208 m197.9 m194.1 m195.9 m195.8 m199 m

Cost of goods sold

9.7 m9.4 m10.9 m11 m10.4 m12.6 m15.8 m17.8 m

Gross profit

188.5 m187.9 m197.1 m186.9 m183.7 m183.3 m180 m181.2 m

Gross profit Margin, %

95%95%95%94%95%94%92%91%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

381.4 m677.9 m564 m437.4 m392.3 m

Accounts Receivable

49.2 m51.9 m51.9 m8 m

Inventories

Goodwill

1.7 b1.9 b1.9 b1.9 b1.9 b
Quarterly
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

271.1 m354.5 m301.2 m336 m333.7 m342.1 m325.7 m322.7 m244 m

Goodwill

1.4 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b

Total Assets

16.1 b21.7 b21.6 b22 b21.8 b21.4 b22.5 b22.3 b22.5 b

Accounts Payable

12.5 b17 b16.9 b17.9 b17.2 b16.9 b17 b17.1 b17.3 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

221.4 m297.4 m286.6 m274.5 m272.2 m

Depreciation and Amortization

13 m13.1 m

Inventories

Accounts Payable

Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

158.4 m67.1 m142.6 m219.2 m73.6 m145.6 m216.2 m69 m137 m205.7 m68.6 m137.1 m74.4 m

Depreciation and Amortization

3.4 m3.3 m3.3 m3.3 m3.3 m3.1 m

Cash From Operating Activities

248.7 m112.7 m194.5 m280 m116.6 m196.5 m279.1 m161 m226.9 m352.3 m144.4 m207.9 m77.5 m

Cash From Investing Activities

(138.5 m)(313 m)30.5 m(13.8 m)(448.2 m)(520 m)(451.2 m)292.4 m473.8 m856.8 m(256.3 m)(109.4 m)(42.5 m)
USDY, 2018

Financial Leverage

5.8 x
Show all financial metrics

Prosperity Bancshares Operating Metrics

Prosperity Bancshares's Assets Under Management was reported to be $1.7b in FY, 2016. Prosperity Bancshares's Total Loans was reported to be $9.8b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Management

$14.30 b$1.50 b$1.68 b

Non-performing Loans

$33.62 m$32.22 m$32.14 m$45.20 m$40.33 m$40.19 m$36.37 m$43.85 m$32.60 m$25.24 m$32.13 m

Total Loans

$9.24 b$9.17 b$9.11 b$9.20 b$9.44 b$9.65 b$9.65 b$9.55 b$9.62 b$9.74 b$9.78 b

Total Loans, units

59 k55.60 k53.60 k
Show all operating metrics
Report incorrect company information