NYSE$PB
Prosperity Bancshares Inc. · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Reported net income of $112.2 million and diluted earnings per share of $1.20.
Prosperity Bancshares, Inc. reported a net income of $112.2 million for Q3 2023, with diluted earnings per share of $1.20. Deposits, excluding public funds deposits, increased by $259.9 million. The board approved a dividend increase of 1.82% to $0.56 for Q4 2023.
- Board approved increase in dividend of 1.82% to $0.56 for the fourth quarter 2023.
- Net income of $112.2 million and diluted earnings per share of $1.20 for third quarter 2023
- Deposits, excluding public funds deposits, increased $259.9 million during third quarter 2023, with no brokered deposits purchased
- Noninterest-bearing deposits of $10.3 billion, representing 37.6% of total deposits
Headline financials
Revenue & EPS history
Prosperity · Revenue · Quarterly
$278M
Revenue by segment
Prosperity · $37.6M total across 9 segments · Q2 2022
- Card Income$8.88M—23.6%
- NSF Fees$8.48M—22.6%
- Other Noninterest Income$7.17M—19.1%
- Deposit Charges$6.37M—16.9%
- Trust Income$2.88M—7.6%
- BOLI Income$1.29M—3.4%
- Net Gain/Loss on Assets$1.11M—2.9%
- Brokerage Income$917K—2.4%
- Mortgage Income$502K—1.3%
Forward guidance
Prosperity believes the overall economy is still in fairly good shape, and they are excited for their future.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2023
+0.7%
Avg return
Earnings day
+0.8%
Avg return
5 days after
+2.4%
Avg return
30 days after
57%
39 / 68 earnings
Positive
+15.6%
Q4 2015
Best reaction
-7.4%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -1.4% | -0.7% | |
| Q4 2025 | -7.4% | -4.4% | -3.5% | |
| Q3 2025 | +2.7% | +5.2% | +8.6% | |
| Q1 2025 | +0.2% | +0.8% | +3.9% | |
| Q4 2024 | -0.7% | -1.8% | -4.0% | |
| Q3 2024 | +1.3% | +2.1% | +16.1% | |
| Q2 2024 | +4.3% | +3.2% | +5.4% | |
| Q1 2024 | +2.3% | -0.2% | -1.0% | |
| Q4 2023 | -0.1% | +2.4% | -3.7% | |
| Q3 2023 | +8.9% | +7.8% | +17.4% | |
| Q2 2023 | +1.4% | +3.3% | -8.2% | |
| Q1 2023 | +5.7% | +3.9% | -1.4% | |
| Q4 2022 | +2.7% | +1.9% | +1.8% | |
| Q3 2022 | -5.1% | -3.3% | +2.9% | |
| Q2 2022 | +0.1% | +2.4% | +0.0% | |
| Q1 2022 | +2.9% | +3.1% | +11.6% | |
| Q4 2021 | -2.8% | -3.5% | -1.9% | |
| Q3 2021 | -1.2% | +3.1% | -4.2% | |
| Q2 2021 | +2.6% | -1.6% | +4.2% | |
| Q1 2021 | -1.9% | -3.6% | -2.6% | |
| Q4 2020 | -0.5% | -0.1% | +7.3% | |
| Q3 2020 | -1.2% | +3.1% | +16.8% | |
| Q2 2020 | +1.7% | +0.6% | +0.4% | |
| Q1 2020 | +10.6% | +7.6% | +20.7% | |
| Q4 2019 | +4.9% | +5.4% | -4.6% | |
| Q3 2019 | +2.4% | +2.4% | -2.4% | |
| Q2 2019 | +2.5% | +1.7% | -6.5% | |
| Q1 2019 | -0.2% | +2.3% | -5.0% | |
| Q4 2018 | +0.1% | +3.2% | +5.2% | |
| Q3 2018 | +0.3% | +3.6% | +10.4% | |
| Q2 2018 | -1.0% | +0.6% | +7.1% | |
| Q1 2018 | -4.7% | -5.3% | -2.6% | |
| Q4 2017 | +1.0% | +1.0% | +1.4% | |
| Q3 2017 | +3.7% | +1.5% | +0.3% | |
| Q2 2017 | -3.9% | -2.8% | -6.2% | |
| Q1 2017 | -2.0% | -3.6% | -9.0% | |
| Q4 2016 | +3.4% | -0.5% | +1.8% | |
| Q3 2016 | -2.0% | -2.3% | +15.7% | |
| Q2 2016 | -3.5% | -7.2% | +1.0% | |
| Q1 2016 | +0.0% | — | — | |
| Q4 2015 | +15.6% | — | — | |
| Q3 2015 | +2.8% | — | — | |
| Q2 2015 | -4.4% | — | — | |
| Q1 2015 | -3.0% | — | — | |
| Q4 2014 | +1.3% | — | — | |
| Q3 2014 | +1.7% | — | — | |
| Q2 2014 | -3.0% | — | — | |
| Q1 2014 | -2.4% | — | — | |
| Q4 2013 | +4.9% | — | — | |
| Q3 2013 | -2.6% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | -1.9% | — | — | |
| Q3 2012 | +6.4% | — | — | |
| Q2 2012 | -1.2% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | +3.2% | — | — | |
| Q3 2011 | -4.3% | — | — | |
| Q2 2011 | +2.9% | — | — | |
| Q1 2010 | +1.7% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | -1.0% | — | — | |
| Q4 2008 | -1.0% | — | — | |
| Q4 2009 | -1.0% | — | — | |
| Q3 2010 | +2.3% | — | — | |
| Q3 2009 | +2.3% | — | — | |
| Q2 2010 | -0.0% | — | — | |
| Q2 2009 | -0.0% | — | — |
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