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PB - Prosperity Bancshares: Securities Growth To Buoy Net Interest Income
September, 27 2021 03:54 PM
Prosperity Bancshares Inc.
Robust deposit growth and the decline in the loan portfolio will likely continue to boost bond portfolio growth in the coming quarters. The shift in asset mix towards bonds will pressurize the margin but overall boost the net interest income. The year-end target price suggests a sizable upside from the current market price. Further, PB is offering a modest dividend yield. For further details see:
Prosperity Bancshares: Securities Growth To Buoy Net Interest Income
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