Prosperity Bancshares (PB) Projected to Post Earnings on Wednesday

Prosperity Bancshares (NYSE:PB) will likely be announcing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $1.54 per share and revenue of $380.7270 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, July 29, 2026 at 11:30 AM ET.

Prosperity Bancshares (NYSE:PB) last released its earnings results on Wednesday, April 29th. The bank reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.09. Prosperity Bancshares had a net margin of 29.50% and a return on equity of 7.20%. The company had revenue of $367.62 million for the quarter, compared to analyst estimates of $358.60 million. During the same period in the prior year, the business earned $1.37 EPS. The firm’s quarterly revenue was up 19.9% on a year-over-year basis. On average, analysts expect Prosperity Bancshares to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Prosperity Bancshares Stock Performance

Shares of PB stock opened at $73.15 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.01. Prosperity Bancshares has a 52 week low of $61.06 and a 52 week high of $77.20. The stock has a market capitalization of $7.38 billion, a PE ratio of 13.25, a P/E/G ratio of 1.17 and a beta of 0.63. The firm has a 50 day moving average of $70.73 and a two-hundred day moving average of $70.12.

Insider Activity at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 600 shares of the firm’s stock in a transaction on Wednesday, July 8th. The shares were sold at an average price of $70.61, for a total value of $42,366.00. Following the sale, the director directly owned 39,800 shares in the company, valued at approximately $2,810,278. This trade represents a 1.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders have sold 12,100 shares of company stock valued at $849,312. Corporate insiders own 3.96% of the company’s stock.

Hedge Funds Weigh In On Prosperity Bancshares

Large investors have recently bought and sold shares of the business. AQR Capital Management LLC increased its holdings in Prosperity Bancshares by 175.1% in the second quarter. AQR Capital Management LLC now owns 2,383,162 shares of the bank’s stock valued at $167,393,000 after buying an additional 1,516,939 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in Prosperity Bancshares by 910.4% during the 4th 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. Artisan Partners Limited Partnership acquired a new position in shares of Prosperity Bancshares during the 4th quarter worth about $44,822,000. First Trust Advisors LP boosted its position in shares of Prosperity Bancshares by 119.3% during the 4th quarter. First Trust Advisors LP now owns 900,247 shares of the bank’s stock worth $62,216,000 after acquiring an additional 489,798 shares in the last quarter. Finally, North Reef Capital Management LP purchased a new position in shares of Prosperity Bancshares in the 4th quarter valued at about $30,754,000. Hedge funds and other institutional investors own 80.69% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Weiss Ratings raised Prosperity Bancshares from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, July 1st. Cantor Fitzgerald reissued an “overweight” rating and set a $80.00 target price on shares of Prosperity Bancshares in a research note on Tuesday, June 23rd. Citigroup upped their price target on Prosperity Bancshares from $74.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. TD Cowen increased their price target on Prosperity Bancshares from $77.00 to $79.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Finally, Benchmark began coverage on Prosperity Bancshares in a research note on Wednesday, June 24th. They issued a “hold” rating for the company. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $76.36.

About Prosperity Bancshares

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.