Equities Analysts Offer Predictions for PB FY2028 Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Zacks Research issued their FY2028 earnings estimates for Prosperity Bancshares in a note issued to investors on Wednesday, February 18th. Zacks Research analyst Team forecasts that the bank will earn $7.80 per share for the year. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $5.83 per share.

Several other research analysts also recently commented on the company. TD Cowen restated a “buy” rating on shares of Prosperity Bancshares in a report on Wednesday, January 7th. Barclays downgraded Prosperity Bancshares from an “equal weight” rating to an “underweight” rating and dropped their price target for the stock from $75.00 to $68.00 in a research report on Monday, February 2nd. Piper Sandler downgraded Prosperity Bancshares from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $77.00 to $74.00 in a report on Thursday, January 29th. Janney Montgomery Scott cut shares of Prosperity Bancshares from a “buy” rating to a “neutral” rating in a report on Tuesday, February 3rd. Finally, Citigroup reissued a “neutral” rating on shares of Prosperity Bancshares in a research report on Monday, February 2nd. Seven research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $78.77.

Prosperity Bancshares Stock Performance

Prosperity Bancshares stock opened at $73.55 on Friday. The company has a market capitalization of $6.99 billion, a PE ratio of 12.84, a P/E/G ratio of 1.03 and a beta of 0.67. The company has a 50 day moving average price of $71.85 and a 200-day moving average price of $68.68. Prosperity Bancshares has a fifty-two week low of $61.06 and a fifty-two week high of $78.05.

Prosperity Bancshares (NYSE:PB) last announced its quarterly earnings data on Wednesday, January 28th. The bank reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.45 by $0.01. The company had revenue of $317.73 million during the quarter, compared to analyst estimates of $319.30 million. Prosperity Bancshares had a net margin of 31.22% and a return on equity of 7.11%. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS.

Prosperity Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, March 13th. Prosperity Bancshares’s dividend payout ratio is presently 41.88%.

Insider Buying and Selling at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 500 shares of Prosperity Bancshares stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $76.08, for a total value of $38,040.00. Following the transaction, the director owned 82,415 shares of the company’s stock, valued at $6,270,133.20. The trade was a 0.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 15,050 shares of company stock valued at $1,073,264. 4.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Prosperity Bancshares

A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC raised its position in shares of Prosperity Bancshares by 175.1% in the 2nd quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock valued at $167,393,000 after purchasing an additional 1,516,939 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Prosperity Bancshares by 4,674.9% in the second quarter. American Century Companies Inc. now owns 1,426,917 shares of the bank’s stock worth $100,227,000 after buying an additional 1,397,033 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Prosperity Bancshares by 910.4% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,311,051 shares of the bank’s stock worth $90,607,000 after buying an additional 1,181,295 shares during the last quarter. Norges Bank acquired a new stake in shares of Prosperity Bancshares during the second quarter worth $53,398,000. Finally, Artisan Partners Limited Partnership purchased a new stake in shares of Prosperity Bancshares during the fourth quarter valued at $44,822,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Prosperity Bancshares News Summary

Here are the key news stories impacting Prosperity Bancshares this week:

• Positive Sentiment: Zacks raised its multi‑year earnings trajectory — forecasting FY2026 EPS of $6.08 (above the $5.83 consensus), FY2027 EPS of $7.25 and FY2028 EPS of $7.80 — implying meaningful EPS growth over the next two years, which could support multiple expansion. Zacks multi‑year estimates
• Neutral Sentiment: Zacks provided detailed quarterly schedules showing accelerating quarterly EPS (Q1–Q4 2026: $1.35 / $1.48 / $1.59 / $1.66; 2027 quarters: $1.53 / $1.70 / $2.03 / $1.98), giving a roadmap to the expected growth cadence that investors can use to model NII, fees and credit trends. Zacks quarterly detail
• Negative Sentiment: Zacks trimmed near‑term estimates: Q1 2026 cut to $1.35 from $1.37 and Q2 2026 cut to $1.48 from $1.52. These small downgrades suggest more muted near‑term performance and could pressure the next couple of reported quarters. Zacks near‑term cuts

Prosperity Bancshares Company Profile

Prosperity Bancshares, Inc is a holding company for Prosperity Bank, offering a broad range of commercial and consumer banking services across Texas, Oklahoma, Arkansas and Louisiana. Through its network of branches and digital platforms, the company provides deposit products, business and real estate lending, treasury management, mortgage origination and servicing, as well as wealth management and trust services.

Originally chartered in 1911 as First National Bank in McKinney, Texas, the organization rebranded to Prosperity Bank in 2009 following a series of strategic acquisitions aimed at deepening its regional presence.