Prosperity Bancshares Inc Stock News

HOUSTON , Sept. 27, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Third Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, October

A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.

Strategic buyouts, solid loan and deposit balance and robust balance sheet support Prosperity Bancshares (PB) amid pressure on NIM, subdued mortgage banking and high expenses.

Moody's Investors Service lowered the ratings for 10 banks, including US Bancorp, Bank of New York Mellon, State Street, and Truist Financial.

Ratings agency Moody's said the U.S. banking sector is still strong even after it downgraded several small to mid-sized lenders and warned it might cut the ratings of several major banks.

Bank stocks took a pounding on Tuesday, after Moody's downgraded its credit ratings for several smaller regional banks and put six larger players on review for possible downgrades. Below is a screen o

Ratings agency Moody's cut the credit ratings of several small and midsized banks late Monday and warned other big lenders, citing profitability challenges and funding risks.

Ratings agency Moody's downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation's biggest lenders.

An increase in operating expenses, rise in provisions and fall in net revenues hurt Prosperity Bancshares' (PB) Q2 earnings. However, solid loan growth and higher fee income remain positives.

Prosperity Bancshares (PB) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.40 per share a year ago.

HOUSTON , June 28, 2023 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2023 Earnings Announcement, scheduled before the market opens on Wednesday, July 26,

Prosperity Bancshares' (PB) robust loan balances, improving deposit mix and a rise in fee income will aid revenues. Rising expenses, margin pressure and the weak mortgage business are headwinds.

Sandy Villere, partner and portfolio manager at Villere & Co., joins 'The Exchange' to discuss opportunities in regional banks and investing in money market accounts.

David Zalman, Prosperity Bancshares senior chairman and CEO, joins 'Squawk on the Street' to discuss how Zalman's navigated the regional bank turmoil, what needs to be done to instill further confiden

The headline numbers for Prosperity Bancshares (PB) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Str