PB News and Press, Prosperity Bancshares Inc. From 02/26/22

Prosperity posted lackluster fourth quarter results; pre-provision profits were a bit better than expected, but still down qoq and the near-term organic growth outlook isn't strong. This is a bank with an excellent underwriting and expense track record, but the growth engine is fueled...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips For many Nasdaq stocks, the rousingly good Roaring ‘20s of the past two years has taken on a new grizzly persona in 2022. And buyer beware — there could be more fat for bears to chew on. But there’s...

PROSPERITY BANCSHARES, INC.® REPORTS FOURTH QUARTER 2021 EARNINGS - Fourth quarter net income of $126.8 million and earnings per share (diluted) of $1.38 - Loans, excluding Warehouse Purchase Program and SBA Paycheck Protection Program loans, increased $76.7 million or ...

PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND PR Newswire HOUSTON , Jan. 19, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc. ® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of ...

PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM PR Newswire HOUSTON , Jan. 18, 2022 /PRNewswire/ -- Prosperity Bancshares, Inc. ® (the "Company") (NYSE: PB), the parent company of Prosperity Bank ® , today announced...

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion, Contender, An...

With the Federal Reserve moving to end its tapering of asset purchases sooner, pulling forward the potential for a rate liftoff, financial stocks thrive in Thursday trading, with the Financial Select Sector SPDR ETF (NYSEARCA:XLF) rising 1.6% in midafternoon trading. UBS analysts, l...

The earnings of most banks will benefit from a rising interest rate environment. The absence of PPP fees and normalization of mortgage refinance activity will likely reduce the revenues on a year-over-year basis for many banks. My top picks are MSBI, WBS, UBSI, WSBC, NWBI, and PB....

After the prolonged declining trend, the loan portfolio will likely turn around by early next year after the forgiveness of Paycheck Protection Program loans is over. As the loan portfolio is mostly made up of variable and floating-rate loans, PB is well-positioned to benefit from an ...

A weekly summary of dividend activity for Dividend Champions and Contenders. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. For further details see: Dividend Champion And Contender Highlights: We...