NYSE$PB
Prosperity Bancshares Inc. · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Reported net income of $126.8 million for Q4 2021
Prosperity Bancshares, Inc. reported a decrease in net income to $126.8 million for the quarter ended December 31, 2021, compared to $137.1 million for the same period in 2020. Earnings per diluted common share were $1.38, and the annualized return on average assets was 1.37%. Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased by $76.7 million, and deposits increased by $1.320 billion during the quarter.
- Net income was $126.8 million, with earnings per share (diluted) at $1.38.
- Loans, excluding specific programs, increased by $76.7 million, representing a 0.5% growth.
- Deposits saw a significant increase of $1.320 billion, or 4.5% during the quarter.
- Nonperforming assets remained low at 0.09% of average interest-earning assets.
Headline financials
Revenue & EPS history
Prosperity · Revenue · Quarterly
$281M
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 Bancshares anticipates continued growth in Texas and Oklahoma due to favorable business conditions and expects loan growth and improved net interest margin with potential rate hikes.
Tailwinds
- Texas and Oklahoma are expected to outperform other states in growth rate.
- Companies and individuals continue to move to Texas and Oklahoma due to lower tax rates and a business-friendly environment.
- Companies will need more infrastructure and buildings.
- People will need more housing and consumer staples.
- Banks are expected to finance the growth.
Headwinds
- Not mentioned in the provided text.
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 Q4 2021
+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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