28-Mar-2024
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PROSPERITY BANCSHARES, INC. INVITES YOU TO JOIN ITS FIRST QUARTER 2024 EARNINGS CONFERENCE CALL
PRNewswire (Wed, 27-Mar 4:30 PM ET)
PROSPERITY BANCSHARES RECEIVES REGULATORY APPROVALS FOR LONE STAR STATE BANCSHARES, INC. ACQUISITION
PRNewswire (Tue, 19-Mar 5:44 PM ET)
PROSPERITY BANCSHARES, INC. REPORTS FOURTH QUARTER 2023 EARNINGS
PRNewswire (Wed, 24-Jan 6:30 AM ET)
PROSPERITY BANCSHARES, INC. ANNOUNCES COMMON STOCK DIVIDEND
PRNewswire (Wed, 17-Jan 5:00 PM ET)
PROSPERITY BANCSHARES, INC. ANNOUNCES STOCK REPURCHASE PROGRAM
PRNewswire (Tue, 16-Jan 5:30 PM ET)
Prosperity Bancshares Inc provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma.
Prosperity Bancshares trades on the NYSE stock market under the symbol PB.
As of March 28, 2024, PB stock price climbed to $65.78 with 617,845 million shares trading.
PB has a beta of 1.00, meaning it tends to be more sensitive to market movements. PB has a correlation of 0.20 to the broad based SPY ETF.
PB has a market cap of $6.16 billion. This is considered a Mid Cap stock.
Last quarter Prosperity Bancshares reported $274 million in Revenue and $1.19 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.02.
In the last 3 years, PB stock traded as high as $80.46 and as low as $49.60.
The top ETF exchange traded funds that PB belongs to (by Net Assets): IJH, VTI, VB, VBR, VXF.
PB has underperformed the market in the last year with a return of +9.0%, while the SPY ETF gained +33.6%. In the last 3 month period, PB fell short of the market, returning -2.9%, while SPY returned +10.1%. However, in the most recent 2 weeks PB has outperformed the stock market by returning +7.2%, while SPY returned +1.7%.
PB support price is $63.92 and resistance is $66.20 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PB stock will trade within this expected range on the day.