Prosperity Bancshares Stock News

Prosperity Bancshares (PB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Prosperity Bancshares (NYSE:PB) declares $0.52/share quarterly dividend, in line with previous.Forward yield 2.69%Payable April 1; for shareholders of record March 15; ex-div March 14.See

Prosperity Bancshares (PB) has announced a stock repurchase program to buyback up to 5%, or approximately 4.6M shares, of its outstanding common stock.The repurchases under the program

HOUSTON , Jan. 18, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc. ® (the "Company") (NYSE: PB ), the parent company of Prosperity Bank ® , today announced that its Board of Directors authorized a stock repurchase program under which the Company may repurchase up to 5%, or approximately 4.6 million shares, of its outstanding common stock over a one-year period expiring on January 18, 2023, at the discretion of management. Repurchases under this program may be made from time to time in open market transactions, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Repurchases under this program also may be made in transactions outside the safe harbor provided by Rule 10b -18 during a pending merger, acquisition or similar transaction. The timing and actual number of shares repurchased will depend on a variety of factors including price, corporate and regulatory requirements, market conditions, and other corporate liquidity requirements and priorities.

PB vs. CFR: Which Stock Is the Better Value Option?

Amalgamated Bank decreased its holdings in shares of Prosperity Bancshares, Inc. (NYSE:PB) by 9.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,619 shares of the banks stock after selling 6,826 shares during the quarter. Amalgamated Bank owned about 0.07% of Prosperity Bancshares []

HOUSTON, Dec. 22, 2021 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Fourth Quarter 2021 Earnings Announcement, scheduled before the market opens on Wednesday, January 2

Texas Permanent School Fund reduced its position in shares of Prosperity Bancshares, Inc. (NYSE:PB) by 0.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 68,743 shares of the banks stock after selling 518 shares during the period. Texas Permanent School Funds holdings in []

Prosperity Bancshares, Inc. (NYSE:PB) Equities research analysts at Piper Sandler issued their Q1 2023 EPS estimates for Prosperity Bancshares in a research report issued on Wednesday, December 15th. Piper Sandler analyst B. Milsaps expects that the bank will earn $1.37 per share for the quarter. Piper Sandler also issued estimates for Prosperity Bancshares Q2 []

The earnings of most banks will benefit from a rising interest rate environment. The absence of PPP fees and normalization of mortgage refinance activity will likely reduce the revenues on a year-over

Prosperity Bancshares (NYSE:PB) had its target price boosted by Morgan Stanley from $83.00 to $91.00 in a research report sent to investors on Monday morning, Analyst Price Targets reports. The brokerage currently has an equal weight rating on the banks stock. Separately, Zacks Investment Research cut Prosperity Bancshares from a buy rating to a hold [] The post Prosperity Bancshares (NYSE:PB) Price Target Raised to $91.00 at Morgan Stanley appeared first on ETF Daily News .

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List.

Oregon Public Employees Retirement Fund cut its position in Prosperity Bancshares, Inc. (NYSE:PB) by 1.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,115 shares of the banks stock after selling 611 shares during the period. Oregon Public Employees Retirement []

Prosperity Bancshares (NYSE:PB) had its price target lifted by Morgan Stanley from $83.00 to $91.00 in a research note issued to investors on Monday, Price Targets.com reports. The brokerage currently has an equal weight rating on the banks stock. Morgan Stanleys price target indicates a potential upside of 23.51% from the stocks previous close. Separately, []