Prosperity Bancshares (PB) Q2 Earnings Top Estimates

Core Viewpoint - Prosperity Bancshares reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.4 per share, and showing an increase from $1.22 per share a year ago, indicating a positive earnings surprise of +1.43% [1][2] Financial Performance - The company achieved revenues of $310.7 million for the quarter ended June 2025, which was slightly below the Zacks Consensus Estimate by 0.58%, but an increase from $304.79 million year-over-year [2] - Over the last four quarters, Prosperity Bancshares has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - Prosperity Bancshares shares have declined approximately 3.3% since the beginning of the year, contrasting with the S&P 500's gain of 7.3% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.45 on revenues of $323 million, and for the current fiscal year, it is $5.75 on $1.27 billion in revenues [7] - The trend of estimate revisions for Prosperity Bancshares was mixed prior to the earnings release, which may change following the recent results [6] Industry Context - The Banks - Southwest industry, to which Prosperity Bancshares belongs, is currently ranked in the top 13% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]