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    64.1300
  • TODAY'S CHANGE (%)
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    ---
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  • Yesterday

  • Apr 24, 2024

      Show headlines and story abstract
    • 9:14AM ET on Wednesday Apr 24, 2024 by MT Newswires
      Companies Mentioned: PB
      09:14 AM EDT, 04/24/2024 (MT Newswires) -- Prosperity Bancshares (PB) reported Q1 earnings Wednesday of $1.18 per diluted share, down from $1.37 a year earlier. Analysts polled by Capital IQ expected $1.16. Revenue for the quarter ended March 31, e...
    • 6:39AM ET on Wednesday Apr 24, 2024 by MT Newswires
      Companies Mentioned: PB
      06:39 AM EDT, 04/24/2024 (MT Newswires) -- ...
    • 6:30AM ET on Wednesday Apr 24, 2024 by PR Newswire
      Companies Mentioned: PB

      -- Net income of $110.4 million and diluted earnings per share of $1.18 for first quarter 2024

      -- Loans, excluding Warehouse Purchase Program loans and loans acquired in the merger of First Bancshares of Texas, Inc, increased $115.8 million or 0.6% (2.4% annualized) during first quarter 2024

    • 6:30AM ET on Wednesday Apr 24, 2024 by Dow Jones
      Companies Mentioned: PB
      securities 298 -- -- -- -- ----------- ----------- ----------- ----------- ----------- Noninterest income excluding net gains and losses on the sale or write down of assets and securities 38,607 36,652 38,788 37,694 38,145 ----------- ----------- ----------- ----------- ----------- Total income excluding net gains and losses on the sale or write down of assets and securities $ 276,851 $ 273,635 $ 278,312 $ 274,153 $ 281,612 ----------- ----------- ----------- ----------- ----------- Efficiency ratio, excluding net gains and losses on the sale or write down of assets and securities 49.07% 55.61% 48.74% 53.21% 43.68% Reconciliation of efficiency ratio to efficiency ratio, excluding net gains and losses on the sale or write down of assets and securities, merger related expenses and FDIC special assessment: Noninterest expense $ 135,848 $ 152,171 $ 135,657 $ 145,870 $ 123,000 Less: merger related expenses -- 278 1,104 12,891 860 Less: FDIC special assessment -- 19,919 -- -- -- ----------- ----------- ----------- ----------- ----------- Noninterest expense excluding merger related expenses and FDIC special assessment $ 135,848 $ 131,974 $ 134,553 $ 132,979 $ 122,140 Net interest income $ 238,244 $ 236,983 $ 239,524 $ 236,459 $ 243,467 Noninterest income 38,870 36,568 38,743 39,688 38,266 Less: net (loss) gain on sale or write down of assets (35) (84) (45) 1,994 121 Less: net gain on sale of securities 298 -- -- -- -- ----------- ----------- ----------- ----------- ----------- Noninterest income excluding net gains and losses on the sale or write down of assets and securities 38,607 36,652 38,788 37,694 38,145 ----------- ----------- ----------- ----------- ----------- Total income excluding net gains and losses on the sale or write down of assets and securities $ 276,851 $ 273,635 $ 278,312 $ 274,153 $ 281,612 ----------- ----------- ----------- ----------- ----------- Efficiency ratio, excluding net gains and losses on the sale or write down of assets and securities, merger related expenses and FDIC special assessment 49.07% 48.23% 48.35% 48.51% 43.37%

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