Prosperity Bancshares, Inc. logo PB - Prosperity Bancshares, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
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BUY 13
HOLD 18
SELL 2
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SELL
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| PRICE TARGET: $74.75 DETAILS
HIGH: $80.00
LOW: $68.00
MEDIAN: $75.50
CONSENSUS: $74.75
UPSIDE: 4.55%

About Prosperity Bancshares, Inc. (https://www.prosperitybankusa.com)

Prosperity Bancshares, Inc. serves as the holding company for Prosperity Bank, providing a comprehensive suite of financial solutions to both individual customers and corporate clients. The bank gathers various types of deposits, such as checking, savings, money market accounts, and certificates of deposit. Its lending portfolio is extensive, covering: Real Estate: Mortgages for residential properties (1-4 family), commercial real estate, multi-family dwellings, as well as construction, land development, and land acquisition loans. Business: Commercial and industrial (C&I) financing, agricultural loans (including those not backed by real estate), credit lines for working capital, business expansion, and equipment purchases. Consumer: Personal loans, financing for automobiles, recreational vehicles, boats, home improvements, home equity, durable goods, and loans secured by deposits. Beyond traditional banking, Prosperity Bank offers digital services like internet and mobile banking. It also delivers specialized solutions, including trust and wealth management, retail brokerage, mortgage services, and treasury management, alongside providing debit and credit cards. As of December 31, 2021, Prosperity Bancshares operated a substantial network of 273 full-service banking branches. These were distributed across: Texas: 65 in the Houston area (including The Woodlands), 30 in South Texas (including Corpus Christi and Victoria), 63 in the Dallas/Fort Worth region, 22 in East Texas, 29 in Central Texas (including Austin and San Antonio), 34 in West Texas (including Lubbock, Midland-Odessa, and Abilene), and 16 in the Bryan/College Station vicinity. Oklahoma: 6 in Central Oklahoma and 8 in the Tulsa metropolitan area, where the bank operates under the LegacyTexas Bank brand. Founded in 1983, Prosperity Bancshares, Inc. is headquartered in Houston, Texas.

Key Executives

NAME TITLE DOB SALARY
David E. Zalman Senior Chairman & Chief Executive Officer 1957 $3,217,129 USD
Kevin J. Hanigan President, Chief Operating Officer & Director 1957 $2,405,205 USD
Tim Timanus Jr. Chairman of the Board 1945 $1,591,278 USD
Timanus Jr. Chairman of the Board 1945 $1,591,278 USD
Edward Z. Safady Advisory Director & Senior Vice Chairman 1958 $1,499,890 USD
John Mays Davenport Executive Vice President & Director of Corporate Strategy 1968 $914,512 USD
Asylbek Osmonov Chief Financial Officer 1981 $826,131 USD
Charlotte Rasche Executive Vice President & General Counsel 1965 $725,280 USD
Annette L. Tripp Senior Vice President & Associate General Counsel
Cullen D. Zalman Executive Vice President of­ Banking & Corporate Activities
Perry Johnson President of Camp Wisdom Banking Center
Robert J. Dowdell Executive Vice President 1957

Company Peers

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