PB

Prosperity Bancshares, Inc. ( PB ) Q3 2026 Earnings Call October 28, 2026 11:30 AM EDT Company Participants Charlotte Rasche - Executive VP & General Counsel David Zalman - Senior Chairman & CEO Asylbek Osmonov - Chief Financial Officer H. E. Timanus - Chairman of the Board Kevin Hanigan - President, COO & Director Ramon Vitulli - Houston Area Chairman Robert Dowdell - Executive Vice President Conference Call Participants David Rochester - Cantor Fitzgerald & Co., Research Division Brett Rabatin - StoneX Financial, Inc., Research Division Sun Young Lee - TD Cowen, Research Division Michael Rose - Raymond James & Associates, Inc., Research Division James Dutton - Jefferies LLC, Research Division William Jones - Keefe, Bruyette, & Woods, Inc., Research Division Ryan Kenny - Morgan Stanley, Research Division Stephen Scouten - Piper Sandler & Co., Research Division Jon Arfstrom - RBC Capital Markets, Research Division Presentation Operator Good day, and welcome to the Prosperity Bancshares Third Quarter 2026 Earnings Conference Call.

Prosperity Bancshares, Inc. delivered strong Q3 2026 results, with adjusted EPS of $1.67, exceeding consensus by $0.06. PB's aggressive M&A activity, including the Stellar Bancorp merger, drove 41% YoY asset growth but raises integration and goodwill risks. Net interest margin expanded to 3.73%, and adjusted ROATCE reached 15.81%, supporting a continued Buy rating despite sector headwinds.

Prosperity Bancshares raised its quarterly dividend by 6.7% to $0.64. Management projects $65 million to $70 million in additional pretax cost savings.

Prosperity Bancshares NYSE: PB reported third-quarter 2026 results that reflected the first full quarter including Stellar Bank, with management emphasizing higher net interest margin, merger integration progress and expected cost savings from its recent acquisitions.

Prosperity Bancshares, Inc. is rated a Buy, supported by organic growth, strategic acquisitions, and robust dividend increases. PB's Q3 revenue surged 51% year-over-year to $475.7 million, driven by the Stellar Bank merger, with EPS beating consensus by $0.30. Loans and deposits jumped 45.5% and 48.4% year-over-year, respectively, making PB Texas's second largest bank by deposits.

Prosperity Bancshares (PB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Prosperity Bancshares just closed three bank acquisitions in seven months and bumped its dividend again, but a first-quarter spike in loan losses raises a question management has not fully answered yet.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Prosperity Bancshares (PB) have what it takes?

Prosperity Bancshares (PB) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

HOUSTON, Oct. 21, 2026 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.64 per share for the fourth quarter of 2026, payable January 4, 2027, to shareholders of record as of December 15, 2026. The fourth quarter dividend represents an increase of $0.04 per share, or 6.67%, from the prior quarter.