PB - Prosperity Bancshares: Close To Being Part Of The Dividend Aristocrats Group

2024-06-07 11:32:40 ET

Summary

• Prosperity Bancshares is an attractive bank for dividend investors, with a growing dividend and low cost of deposits.
• The bank operates in fast-growing metropolitan areas in Texas and Oklahoma, which provide strong growth prospects.
• While loan growth is currently slow, the bank has the capital to increase its loan portfolio and expects growth to pick up with rate cuts.

Prosperity Bancshares ( PB ) is a Houston-based bank and was founded in 1983. Of the many small- to medium-sized banks that I deal with, I think this one is among the most attractive in terms of dividend....

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