Prosperity Bancshares: Q2 Earnings Snapshot

Posted by Valentine Belue on Saturday, August 24, 2024

HOUSTON — HOUSTON — Prosperity Bancshares Inc. (PB) on Wednesday reported second-quarter earnings of $111.6 million.

The bank, based in Houston, said it had earnings of $1.17 per share. Earnings, adjusted for one-time gains and costs, came to $1.22 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.20 per share.

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