Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc.

PBยทNYSE

$67.55

+0.22%
Financial ServicesBanks - Regional

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$6.81B
EPS5.7200
P/E Ratio11.81
Earnings Date07/29/2026
Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc. Fair Value Envelope

PB ยท NYSE

Our analysis suggests that PB has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $67.55, this represents a potential HIDDEN relative to our calculated worth for Prosperity Bancshares, Inc..

Intrinsic Value
Current Price: $67.55

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$24.1B
+ Cash & Equivalents$1.7B
Firm Value$25.9B
- Debt$2.2B
Equity Value$23.7B
/ Shares Outstanding94,991,832B
DCF Value$250
UNDERVALUED BY 270%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$629.1M
$720.3M
$824.7M
$944.2M
$1.1B
$1.2B
$1.4B
$1.6B
$1.9B
$2.1B
Maintenance CapEx
-$7.4M
-$8.5M
-$9.8M
-$11.2M
-$12.8M
-$14.7M
-$16.8M
-$19.2M
-$22.0M
-$25.2M
Owner Earnings
$621.7M
$711.8M
$814.9M
$933.0M
$1.1B
$1.2B
$1.4B
$1.6B
$1.8B
$2.1B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$575.6M
$610.2M
$646.9M
$685.8M
$727.0M
$770.7M
$817.0M
$866.1M
$918.1M
$973.3M
Terminal Value represents 68.6% of Enterprise Value