10-K · February 26, 2026
Prosperity Bancshares positions itself as a community-focused regional bank pursuing growth through internal lending expansion and a disciplined acquisition strategy while maintaining strict cost controls and sound…
Earnings analysis · 10-Q
PB earnings analysis
Filed May 8, 2026 · Our reading of the company's report
The latest report
Prosperity Bancshares, Inc. reported a strong Q1 2026 with revenues increasing from $434 million in Q1 2025 to $368 million in Q1 2026, reflecting a 7.7% growth. The gross margin improved to 70.7%, while diluted EPS was…
Read full summary
Prosperity Bancshares, Inc. reported a strong Q1 2026 with revenues increasing from $434 million in Q1 2025 to $368 million in Q1 2026, reflecting a 7.7% growth. The gross margin improved to 70.7%, while diluted EPS was reported at $1.50, slightly above the analyst estimate of $1.44. Noteworthy growth in loans and deposits, attributed to recent mergers, has positively impacted the company’s financial footing, despite incurring significant merger-related expenses.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $1.5
- Gross margin
- 70.7%
What stood out
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Strong Revenue Growth
Revenue increased to $367.6 million from $434 million year-over-year, a 7.7% rise.
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Improved Gross Margin
Gross margin increased to 70.7% compared to 68.2% last year.
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Higher EPS Performance
Diluted EPS rose to $1.50, beating the estimate of $1.44.
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Loan Portfolio Expansion
Total loans increased by 16.0% to $25.29 billion from $21.81 billion.
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Deposit Increase
Total deposits rose to $32.63 billion, a 14.6% increase from $28.48 billion.
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Significant Noninterest Income Growth
Noninterest income grew by 12.5% to $46.5 million compared to $41.3 million last year.
What to watch
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Merger-Related Expenses
Merger-related expenses amounted to $42.5 million, impacting net income.
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Increased Charge-Offs
Net charge-offs rose significantly to $41.3 million from $2.7 million a year ago.
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Declining Noninterest Income Impact
Despite growth, the efficiency ratio worsened to 59.16% from 45.71% year-over-year.
Management's outlook
Future expectations deferred to the upcoming earnings press release.
Earlier filings 4
10-Q · November 7, 2025
Prosperity Bancshares reported Q3 2025 net income of $137,556,000 and diluted EPS of $1.45, up from $127,282,000 and $1.34 in Q3 2024. Net interest income strengthened to $273,435,000 while noninterest income was…
10-K · February 27, 2025
Prosperity Bancshares positions itself as a community-focused regional bank pursuing deposit and loan growth via internal expansion and disciplined acquisitions while maintaining cost controls and sound asset quality.…
10-Q · August 7, 2024
Prosperity Bancshares reported Q2 (three months ended June 30, 2024) results with total revenue (net interest income + noninterest income) of $304,789,000, up 10.4% year-over-year and 10.0% sequentially. Diluted EPS was…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.