Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc. (PB) Financial Performance & Income Statement Overview
Explore the financials of Prosperity Bancshares, Inc. (PB), including yearly and quarterly data on income, cash flow, and balance sheets.
Prosperity Bancshares, Inc. (PB) Income Statement & Financial Overview
Analyze Prosperity Bancshares, Inc.’s PB earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $422.68M | $438.44M | $447.02M | $446.96M |
| Cost of Revenue | $127.42M | $143.17M | $156.21M | $163.23M |
| Gross Profit | $295.26M | $295.27M | $290.81M | $283.73M |
| Gross Profit Ratio | $0.70 | $0.67 | $0.65 | $0.63 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $95.27M | $101.29M | $94.09M | $99.90M |
| Operating Expenses | $128.88M | $129.20M | $128.35M | $140.84M |
| Total Costs & Expenses | $256.30M | $272.37M | $284.56M | $304.07M |
| Interest Income | $392.81M | $410.94M | $417.90M | $412.95M |
| Interest Expense | $127.42M | $143.17M | $156.21M | $154.16M |
| Depreciation & Amortization | $8.41M | $8.92M | $8.89M | $8.99M |
| EBITDA | $174.80M | $174.99M | $171.34M | $151.87M |
| EBITDA Ratio | $0.41 | $0.40 | $0.38 | $0.34 |
| Operating Income | $166.38M | $166.07M | $162.45M | $142.88M |
| Operating Income Ratio | $0.39 | $0.38 | $0.36 | $0.32 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $166.38M | $166.07M | $162.45M | $142.88M |
| Income Before Tax Ratio | $0.39 | $0.38 | $0.36 | $0.32 |
| Income Tax Expense | $36.16M | $35.99M | $35.17M | $31.28M |
| Net Income | $130.22M | $130.08M | $127.28M | $111.60M |
| Net Income Ratio | $0.31 | $0.30 | $0.28 | $0.25 |
| EPS | $1.37 | $1.37 | $1.34 | $1.17 |
| Diluted EPS | $1.37 | $1.37 | $1.34 | $1.17 |
| Weighted Avg Shares Outstanding | $95.27M | $95.26M | $95.26M | $95.77M |
| Weighted Avg Shares Outstanding (Diluted) | $95.27M | $95.26M | $95.26M | $95.77M |
The company's financials show resilient growth, with revenue advancing from $446.96M in Q2 2024 to $422.68M in Q1 2025. Gross profit remained healthy with margins at 70% in Q1 2025 compared to 63% in Q2 2024. Operating income hit $166.38M last quarter, sustaining a consistent 39% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $174.80M. Net income rose to $130.22M, while earnings per share reached $1.37. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan