Prosperity Bancshares Q4 Earnings Beat on Higher NII & Fee Income
PB's fourth-quarter 2024 results top estimates on higher NII & adjusted non-interest income alongside nil provisions. Yet, high adjusted expenses remain a woe.
Prosperity Bancshares, Inc. (PB) Q4 2024 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB ) Q4 2024 Earnings Conference Call January 29, 2025 11:30 AM ET Company Participants Charlotte Rasche - EVP & General Counsel David Zalman - Senior Chairman & CEO Asylbek Osmonov - CFO Tim Timanus - Chairman Kevin Hanigan - President & COO Edward Safady - Vice Chairman Conference Call Participants Manan Gosalia - Morgan Stanley Jon Arfstrom - RBC Capital Markets Catherine Mealor - KBW Peter Winter - D.A. Davidson Matt Oney - Stevens Jonathan Rau - Barclays Bank Bill Carcache - Wolfe Research Operator Good morning, and welcome to the Prosperity Bancshares Fourth Quarter 2024 Earnings Conference Call.
Prosperity Bancshares: Close Out This Great Trade, Run With House Money
Prosperity Bancshares offered a 60% return over 15 months; consider locking in gains and holding a house money position for long-term wealth. Q4 earnings beat expectations with $307.6 million in revenue and $1.37 EPS, but the stock is pricey at $82.50. Loans dipped to $22.15 billion, but deposits rose to $28.38 billion; asset quality metrics and return metrics improved.
Prosperity Bancshares (PB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Prosperity Bancshares (PB) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Prosperity Bancshares (PB) Q4 Earnings and Revenues Top Estimates
Prosperity Bancshares (PB) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.19 per share a year ago.
Prosperity Bancshares (PB) Reports Next Week: Wall Street Expects Earnings Growth
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.
Will Prosperity Bancshares (PB) Beat Estimates Again in Its Next Earnings Report?
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.
Prosperity Bancshares: No Longer A Buy, But The Dividend Is Still Interesting
Prosperity Bancshares has shown strong performance and solid fundamentals, but a recent rally suggests a more cautious approach with a hold rating. The bank's strategic focus on Texas and Oklahoma MSAs, particularly Austin, Dallas, and Houston, positions it well for future growth. Despite high deposit quality and low costs, loan growth remains sluggish due to high interest rates and economic uncertainty.
Prosperity Bancshares Q3 Earnings Beat on Higher NII, Stock Up 1%
PB's third-quarter 2024 results beat estimates on higher NII, higher loans, and deposits. Yet, higher costs and lower adjusted non-interest income are woes.
Prosperity Bancshares, Inc. (PB) Q3 2024 Earnings Call Transcript
Prosperity Bancshares, Inc. (NYSE:PB ) Q3 2024 Earnings Conference Call October 23, 2024 11:30 AM ET Company Participants Charlotte Rasche - Executive Vice President and General Counsel David Zalman - Senior Chairman and Chief Executive Officer Tim Timanus - Chairman Asylbek Osmonov - Chief Financial Officer Edward Safady - Vice Chairman Kevin Hanigan - President and Chief Operating Officer Randy Hester - Chief Lending Officer Mays Davenport - Director of Corporate Strategy Bob Dowdell - Executive Vice President Conference Call Participants Manan Gosalia - Morgan Stanley Catherine Mealor - KBW Ebrahim Poonawala - Bank of America Matt Oney - Stevens Peter Winter - D.A. Davidson Operator Good morning, and welcome to the Prosperity Bancshares' Third Quarter 2024 Earnings Conference Call.
Prosperity Bancshares (PB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Prosperity Bancshares (PB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Prosperity Bancshares (PB) Surpasses Q3 Earnings and Revenue Estimates
Prosperity Bancshares (PB) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.20 per share a year ago.
