Zacks Research Has Bullish Estimate for PB Q3 Earnings

Prosperity Bancshares, Inc. (NYSE:PB) – Stock analysts at Zacks Research increased their Q3 2026 earnings per share estimates for shares of Prosperity Bancshares in a report issued on Wednesday, August 19th. Zacks Research analyst Team now anticipates that the bank will post earnings per share of $1.61 for the quarter, up from their prior estimate of $1.58. The consensus estimate for Prosperity Bancshares’ current full-year earnings is $6.45 per share. Zacks Research also issued estimates for Prosperity Bancshares’ Q4 2026 earnings at $1.67 EPS, FY2026 earnings at $6.40 EPS, Q1 2027 earnings at $1.69 EPS, Q2 2027 earnings at $1.77 EPS, Q3 2027 earnings at $1.81 EPS, Q4 2027 earnings at $1.95 EPS, FY2027 earnings at $7.22 EPS, Q1 2028 earnings at $1.95 EPS and Q2 2028 earnings at $1.92 EPS.

Several other research firms also recently weighed in on PB. Benchmark initiated coverage on shares of Prosperity Bancshares in a research note on Wednesday, June 24th. They set a “hold” rating for the company. Morgan Stanley reiterated an “equal weight” rating and issued a $80.00 target price (down from $85.00) on shares of Prosperity Bancshares in a report on Monday, July 6th. TD Cowen lifted their price objective on shares of Prosperity Bancshares from $82.00 to $84.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings raised shares of Prosperity Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, July 29th. Finally, Wall Street Zen upgraded Prosperity Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, August 1st. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Prosperity Bancshares has an average rating of “Hold” and a consensus target price of $78.36.

Prosperity Bancshares Price Performance

Prosperity Bancshares stock opened at $72.94 on Thursday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $7.36 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 0.81 and a beta of 0.64. The firm has a 50-day moving average of $72.98 and a two-hundred day moving average of $70.49. Prosperity Bancshares has a 1 year low of $61.06 and a 1 year high of $77.20.

Prosperity Bancshares (NYSE:PB) last posted its quarterly earnings results on Wednesday, July 29th. The bank reported $1.62 EPS for the quarter, topping the consensus estimate of $1.50 by $0.12. Prosperity Bancshares had a net margin of 29.95% and a return on equity of 7.39%. The company had revenue of $369.18 million for the quarter, compared to the consensus estimate of $380.73 million. During the same quarter last year, the firm posted $1.42 EPS. The firm’s revenue was up 25.9% compared to the same quarter last year.

Prosperity Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Tuesday, September 15th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.3%. The ex-dividend date is Tuesday, September 15th. Prosperity Bancshares’s dividend payout ratio is presently 41.59%.

Insider Activity at Prosperity Bancshares

In other news, Director Ned S. Holmes sold 600 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $69.30, for a total transaction of $41,580.00. Following the completion of the transaction, the director directly owned 40,400 shares in the company, valued at approximately $2,799,720. This represents a 1.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 12,100 shares of company stock valued at $872,923. Corporate insiders own 3.96% of the company’s stock.

Hedge Funds Weigh In On Prosperity Bancshares

Several large investors have recently made changes to their positions in PB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Prosperity Bancshares by 21.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,198 shares of the bank’s stock worth $2,155,000 after purchasing an additional 5,326 shares during the period. NewEdge Advisors LLC increased its stake in Prosperity Bancshares by 36.8% during the 1st quarter. NewEdge Advisors LLC now owns 7,295 shares of the bank’s stock worth $521,000 after buying an additional 1,962 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Prosperity Bancshares by 5.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 346,151 shares of the bank’s stock worth $24,705,000 after buying an additional 17,345 shares in the last quarter. Jane Street Group LLC boosted its position in Prosperity Bancshares by 182.8% in the 1st quarter. Jane Street Group LLC now owns 104,755 shares of the bank’s stock valued at $7,476,000 after buying an additional 67,712 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in shares of Prosperity Bancshares in the second quarter worth $359,000. 80.69% of the stock is currently owned by institutional investors and hedge funds.

Prosperity Bancshares News Roundup

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

• Positive Sentiment: Zacks Research raised several earnings forecasts. Estimates increased for Q3 2026 EPS to $1.61 from $1.58, Q4 2026 EPS to $1.67 from $1.63, FY2026 EPS to $6.40 from $6.24, Q1 2027 EPS to $1.69 from $1.64, Q2 2027 EPS to $1.77 from $1.74, and FY2027 EPS to $7.22 from $7.16. The revisions suggest improving expectations for Prosperity Bancshares’ earnings trajectory.
• Neutral Sentiment: Overall analyst revisions were mixed. Zacks lowered its Q3 2027 EPS estimate to $1.81 from $1.85 and Q2 2028 EPS to $1.92 from $1.93, while raising its Q4 2027 estimate to $1.95 from $1.92 and Q1 2028 estimate to $1.95 from $1.90. Zacks’ FY2026 forecast of $6.40 remains slightly below the broader consensus estimate of $6.45.
• Negative Sentiment: Director Ned S. Holmes sold a combined 1,100 shares at average prices of approximately $73.64–$73.67, for total proceeds of $81,022. The transactions reduced his direct holdings by roughly 2.2% in aggregate, although he continues to own a substantial number of shares. The sales may weigh modestly on sentiment. SEC insider ownership filing

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.