Prosperity Bancshares

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.

Company Growth (employees)
Type
Public
HQ
Houston, US
Founded
1983
Size (employees)
3,035 (est)
Prosperity Bancshares was founded in 1983 and is headquartered in Houston, US

Prosperity Bancshares Office Locations

Prosperity Bancshares has an office in Houston
Houston, US (HQ)
4295 San Felipe St

Prosperity Bancshares Financials and Metrics

Prosperity Bancshares Financials

Prosperity Bancshares's revenue was reported to be $675.8 m in FY, 2016
USD

Revenue (Q2, 2017)

195.8 m

Gross profit (Q2, 2017)

180 m

Gross profit margin (Q2, 2017), %

92%

Net income (Q2, 2017)

68.6 m

EBIT (Q2, 2017)

152.2 m

Market capitalization (13-Nov-2017)

4.5 b

Cash (30-Jun-2017)

322.7 m
Prosperity Bancshares's current market capitalization is $4.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

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 m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

95%95%95%94%95%94%92%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

381.4 m677.9 m564 m437.4 m

Accounts Receivable

49.2 m51.9 m51.9 m8 m

Goodwill

1.7 b1.9 b1.9 b1.9 b

Total Assets

18.6 b21.5 b22.3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

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

Goodwill

1.4 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 b

Accounts Payable

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

Net Income

221.4 m297.4 m286.6 m274.5 m

Depreciation and Amortization

13 m13.1 m

Cash From Operating Activities

307.7 m348.3 m310.8 m334.4 m

Cash From Investing Activities

8.9 m(72.2 m)(650.6 m)41 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

158.4 m67.1 m142.6 m219.2 m73.6 m145.6 m216.2 m69 m137 m205.7 m68.6 m137.1 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 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)
USDY, 2017

Revenue/Employee

64.5 k

Financial Leverage

6 x
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Prosperity Bancshares Operating Metrics

Prosperity Bancshares's Total Loans Issued was reported to be $9.8 b in Q2, 2017. Prosperity Bancshares's Assets Under Management was reported to be $1.7 b in FY, 2016, which is a 12% increase from the previous period
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Assets Under Management

$14.3 b$1.5 b$1.68 b

Non-performing Loans

$33.62 m$32.22 m$32.14 m$45.2 m$40.33 m$40.19 m$36.37 m$43.85 m$32.6 m$25.24 m$32.13 m

Total Loans Issued

$9.24 b$9.17 b$9.11 b$9.2 b$9.44 b$9.65 b$9.65 b$9.55 b$9.62 b$9.74 b$9.78 b

Bank Branches

245241245
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Prosperity Bancshares Market Value History

Prosperity Bancshares's Web-traffic and Trends

Prosperity Bancshares Online and Social Media Presence

Prosperity Bancshares Company Life and Culture

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