Texas Gulf Bank hires former Prosperity Bank exec as president just months after naming new CEO
Texas Gulf Bank has appointed Chase Zalman, formerly of Prosperity Bank, as its new president. This hire comes less than two months after the bank named a new CEO, who also came from Prosperity Bank. The article highlights a trend of leadership changes at Texas Gulf Bank originating from Houston-based Prosperity Bank.
A Look At Prosperity Bancshares (PB) Valuation After Fresh Analyst Moves And Artisan Partners’ New Stake
Prosperity Bancshares (PB) is gaining attention due to recent analyst rating changes and a new stake by Artisan Partners. While the stock has seen a short-term decline, its long-term performance is steadier. The article discusses a valuation narrative that suggests PB is undervalued but also highlights potential risks in the banking sector.
PB PE Ratio & Valuation, Is PB Overvalued
Prosperity Bancshares, Inc (PB) is currently considered undervalued, with a forward PE ratio of 11.05 compared to its five-year average of 12.42. Its fair value, based on relative valuation, is estimated to be between $116.37 and $127.85, significantly higher than its current price of $67.02. Despite being undervalued by over 42%, its P/S ratio of 3.32 is slightly above the industry average, which the analysis suggests might be unsustainable given its 2.81% revenue growth.
Prosperity Bancshares director Holmes sells $74,573 in stock
Prosperity Bancshares director Ned S. Holmes sold 1,100 shares of common stock for a total of $74,573 on April 1, 2026. Despite the sale, Holmes retains significant indirect ownership in the company. The sale occurred after Prosperity Bancshares reported Q4 2025 EPS that beat analyst expectations but revenue that missed projections, with the stock currently trading at $67.02 and considered undervalued by InvestingPro.
Prosperity Bancshares (NYSE:PB) Director Ned Holmes Sells 600 Shares
Prosperity Bancshares (NYSE:PB) Director Ned Holmes sold 600 shares of the company's stock on April 1st at an average price of $67.79, totaling $40,674, reducing his holding by 1.44%. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The company recently paid a quarterly dividend of $0.60 per share, and its stock has a consensus "Hold" rating from analysts with an average price target of $78.31.
Director Ned S. Holmes trims Prosperity Bancshares (PB) stake with 1,100-share sale
Ned S. Holmes, a director at Prosperity Bancshares (PB), reported selling 1,100 shares of common stock on April 1, 2026, across directly owned shares, a profit-sharing plan, and a trust for his adult daughter. The sales occurred at weighted average prices around $67.79 per share, with individual trades ranging between $67.36 and $68.08. Following these transactions, Holmes retains significant direct and indirect holdings in the company.
Artisan’s Big Bet On Prosperity Bancshares’ Discipline Might Change The Case For Investing In PB
Artisan Partners has made Prosperity Bancshares its largest new holding, highlighting the bank's strong balance sheet, expense discipline, and credit quality. This institutional commitment suggests a positive long-term outlook for Prosperity Bancshares, despite broader banking sector caution and rising nonperforming assets. The move by Artisan Partners reinforces the perception among professional investors that Prosperity Bancshares offers an attractive risk-reward profile, potentially influencing the bank's investment narrative.
Morgan Stanley Issues Pessimistic Forecast for Prosperity Bancshares (NYSE:PB) Stock Price
Morgan Stanley cut its price target for Prosperity Bancshares (NYSE:PB) from $91 to $83, while maintaining an "overweight" rating, suggesting a potential 23.7% upside. The stock currently holds a consensus "Hold" rating from analysts with an average target price of $78.31, following mixed analyst reports including several downgrades. Prosperity Bancshares recently reported quarterly EPS of $1.46, beating estimates, but revenue decreased by 5.9% year-over-year.
Vaughan Nelson Investment Management L.P. Decreases Stake in Prosperity Bancshares, Inc. $PB
Vaughan Nelson Investment Management L.P. reduced its stake in Prosperity Bancshares by 3.1% in Q4 2025, selling 41,985 shares and now owning 1,331,989 shares. Despite this, institutional ownership remains high at 80.69%, with several large managers increasing their positions. Prosperity Bancshares maintains a market cap of $6.67 billion, an annualized dividend yield of approximately 3.7%, and a consensus analyst rating of "Hold" with a target price of $78.92.
Wealth Enhancement Advisory Services LLC Boosts Stock Holdings in Prosperity Bancshares, Inc. $PB
Wealth Enhancement Advisory Services LLC significantly increased its stake in Prosperity Bancshares (PB) by 81.2% in Q4, acquiring an additional 26,774 shares, bringing its total to 59,752 shares valued at approximately $4.25 million. Prosperity Bancshares reported Q4 EPS of $1.46, beating estimates, and declared a $0.60 quarterly dividend, while institutional investors now own 80.69% of the stock. The company's stock currently holds an average analyst rating of "Hold" with a target price of $78.92.
Hunter Perkins Capital Management Trims Stake in Prosperity Bancshares
Hunter Perkins Capital Management LLC reduced its stake in Prosperity Bancshares, Inc. by 15.7% in Q4 2025, selling 24,954 shares valued at $9,354,000. The institutional investor cited portfolio rebalancing and risk management strategies for the reduction. This move could indicate potential challenges for the bank or better investment opportunities elsewhere, despite the bank's solid fundamentals.
Hunter Perkins Capital Management LLC Has $9.35 Million Stock Holdings in Prosperity Bancshares, Inc. $PB
Hunter Perkins Capital Management LLC reduced its stake in Prosperity Bancshares (NYSE:PB) by 15.7% in Q4, but it remains their 12th-largest position with holdings valued at $9.35 million. Despite this reduction, institutional investors collectively own 80.69% of the company, with other firms significantly increasing their stakes. Prosperity Bancshares reported Q4 EPS of $1.46, beating estimates, and announced a quarterly dividend of $0.60, leading to a consensus "Hold" rating from analysts with an average target price of $78.92.
Prosperity Bancshares Merger Expands Texas Reach And Reshapes Growth Story
Prosperity Bancshares (NYSE:PB) has completed its merger with American Bank, significantly expanding its presence in key Texas markets like Corpus Christi and San Antonio. This merger is expected to broaden the company's customer reach and deposit base, but it also introduces challenges related to integration risk, potential asset quality pressure, and the need for effective management of the combined entity. Investors will be watching how efficiently the integration is executed and how the enlarged board manages future capital allocation and M&A activity.
Vanguard (PB) disaggregates holdings; reports 0 shares in Prosperity Bancshares
The Vanguard Group has filed an Amendment No. 16 to a Schedule 13G/A, reporting that it now holds 0 shares of Prosperity Bancshares Inc. This change follows an internal realignment within Vanguard, effective January 12, 2026, where certain subsidiaries will report beneficial ownership separately. As a result, Vanguard's beneficial ownership in Prosperity Bancshares is now listed as zero.
Prosperity Bancshares, Inc. (NYSE:PB) Receives Consensus Recommendation of "Hold" from Analysts
Prosperity Bancshares, Inc. (NYSE:PB) has received a consensus "Hold" rating from analysts, with an average one-year price target of $78.92. The company recently reported Q4 EPS of $1.46, slightly beating estimates, and revenue of $317.7 million, slightly missing forecasts. Prosperity Bancshares has also declared a quarterly dividend of $0.60 per share, yielding 3.6%.
Insider Selling: Prosperity Bancshares (NYSE:PB) Director Sells 600 Shares of Stock
Prosperity Bancshares (NYSE:PB) Director Ned Holmes sold 600 shares of the company's stock on March 25th for $39,744, reducing his stake by 1.43%. The sale leaves him with 41,300 shares valued at approximately $2.73 million. The company recently declared a quarterly dividend of $0.60 per share, and analysts have mixed ratings on the stock with a consensus "Hold" rating and an average price target of $78.92.
Holmes Ned S, director at Prosperity Bancshares, sells $72,867 in stock
Holmes Ned S, a director at Prosperity Bancshares, sold 1,100 shares of common stock for a total of $72,867 on March 25, 2026. Despite this insider sale, Prosperity Bancshares trades at a P/E ratio of 11.6, suggesting it is undervalued, and the bank has a 3.61% dividend yield, having raised its dividend for 18 consecutive years. The sale follows the company's fourth-quarter 2025 earnings report, where EPS beat forecasts but revenue slightly missed expectations.
Prosperity Bancshares (PB) director records 1,100-share open-market sale
Prosperity Bancshares director Ned S. Holmes sold a total of 1,100 shares of Common Stock in open-market transactions on March 25, 2026, at weighted-average prices around $66.25. These sales included 500 directly held shares and 600 shares held indirectly through a profit sharing plan and a trust. Following these transactions, Holmes maintains substantial direct and indirect holdings in the company.
Assessing Prosperity Bancshares (PB) Valuation After Recent Share Price Weakness
Prosperity Bancshares (PB) has experienced recent share price weakness despite positive annual revenue and net income growth, leading to its valuation as 18% undervalued with a fair value of $78.93 per share. This assessment is based on assumptions of increased net interest margin, disciplined deposit pricing, and operational efficiency, although potential risks include rising nonperforming assets and loan/deposit declines. Investors are encouraged to review the detailed narrative and consider both the opportunities and risks.
Perry Mueller Jr. reports multiple PB (NYSE: PB) share sales in Feb 2026
Perry Mueller Jr. has reported multiple sales of Common Stock in Prosperity Bancshares Inc (NYSE: PB) during February 2026, as detailed in a recent SEC Form 144 filing. The filing indicates sales activity on February 17, 2026, for 8,341 shares and on February 13, 2026, for 6,447 shares, among others. These transactions are routine Rule 144 compliance notices for affiliate sales and provide transparency to the market.
Insider Selling: Prosperity Bancshares (NYSE:PB) Director Sells $38,574.00 in Stock
Prosperity Bancshares (NYSE:PB) Director Ned Holmes sold 600 shares of the company's stock for $38,574.00 on March 18th, reducing his position by 1.43%. The bank recently declared a quarterly dividend of $0.60 per share and reported quarterly EPS of $1.46, slightly above estimates, though revenue declined. Analyst ratings for PB are mixed, with a consensus "Hold" and a target price of $78.92.
Prosperity Bancshares director Holmes sells $70k in stock
Prosperity Bancshares Inc. director Ned S. Holmes sold 1,100 shares of common stock on March 18, 2026, for a total of $70,714. The sales occurred across three transactions at weighted average prices between $64.2784 and $64.3028. Following these transactions, Holmes directly owns 79,915 shares, with additional indirect holdings through various trusts and plans.
Prosperity Bancshares (PB) director Ned Holmes sells 1,100 shares
Prosperity Bancshares director Ned S. Holmes reported open-market sales of 1,100 shares of Common Stock on March 18, 2026. These sales, conducted across direct holdings, a profit sharing plan, and a trust for his adult daughter, involved weighted average prices ranging from $64.2784 to $64.3028. After these transactions, Holmes maintains significant direct and indirect ownership in the company.
Prosperity Bancshares, Inc. (NYSE:PB) Q1 2025 Earnings Call Transcript
This article provides the Q1 2025 earnings call transcript for Prosperity Bancshares, Inc. (NYSE:PB). It includes detailed financial discussions and commentary from company executives regarding their performance and outlook.
Prosperity Bancshares, Inc. (NYSE:PB) Q1 2025 Earnings Call Transcript
This article provides the Q1 2025 earnings call transcript for Prosperity Bancshares, Inc. (NYSE:PB). It contains the verbatim discussion, financial results, and management commentary from the earnings call, offering detailed insights into the company's performance for the quarter.
Numerai GP LLC Invests $7.22 Million in Prosperity Bancshares, Inc. $PB
Numerai GP LLC initiated a new position in Prosperity Bancshares, Inc. (NYSE:PB) during Q3, acquiring 108,771 shares valued at approximately $7.22 million, representing 1.0% of Numerai's portfolio. Several other institutional investors also increased their holdings in PB, which is 80.69% owned by hedge funds and institutions. Analysts currently rate Prosperity Bancshares as a "Hold" with an average price target of $78.92, and the company offers a quarterly dividend of $0.60 per share, yielding about 3.7%.
Prosperity Bancshares (NYSE: PB) details 2026 board elections and Say-on-Pay
Prosperity Bancshares, Inc. (NYSE: PB) released details for its 2026 annual shareholder meeting scheduled for April 21, 2026, in Sugar Land, Texas. Shareholders will vote on the election of four Class I directors, the ratification of Deloitte & Touche LLP as the independent auditor for 2026, and a non-binding "Say-on-Pay" resolution concerning executive compensation. The proxy statement outlines the company's corporate governance practices, including board independence, risk management oversight, stock ownership guidelines, and environmental and social initiatives.
Private Management Group Increases Stake in Prosperity Bancshares
Private Management Group Inc. increased its stake in Prosperity Bancshares, Inc. (NYSE:PB) by 2.3% during the third quarter of 2025, according to a recent SEC filing. The firm now holds 461,853 shares valued at $30.6 million. This move signals continued investor confidence in the Texas-based regional bank's performance and growth prospects.
118,958 Shares in Prosperity Bancshares, Inc. $PB Purchased by Stieven Capital Advisors L.P.
Stieven Capital Advisors L.P. has acquired 118,958 shares of Prosperity Bancshares, Inc. (NYSE:PB) for approximately $7.89 million, making it their 25th largest holding. The bank recently reported Q3 earnings of $1.46 EPS, beating estimates, and declared a quarterly dividend of $0.60 per share. Institutional investors hold over 80% of the stock, while insiders have recently sold shares.
Magnetar Financial LLC Raises Holdings in Prosperity Bancshares, Inc. $PB
Magnetar Financial LLC significantly increased its stake in Prosperity Bancshares by 284.8% in Q3, now owning 32,830 shares valued at $2.18 million. Prosperity Bancshares (NYSE:PB) recently announced a quarterly dividend of $0.60 per share, with an ex-dividend date of March 13th. The company, which has a market cap of $6.63 billion and a P/E of 11.4, holds a consensus "Hold" rating from analysts with an average price target of $78.92.
Entropy Technologies LP Buys 68,355 Shares in Prosperity Bancshares
Entropy Technologies LP purchased 68,355 shares of Prosperity Bancshares (NYSE:PB) in the third quarter of 2025, a stake valued at approximately $4.5 million. This investment suggests the firm's confidence in the regional bank's financial performance and growth prospects within its markets across Texas, Oklahoma, Arkansas, and Louisiana. The acquisition represents a 0.07% stake and adds to increasing institutional ownership in Prosperity Bancshares.
68,355 Shares in Prosperity Bancshares, Inc. $PB Purchased by Entropy Technologies LP
Entropy Technologies LP has purchased 68,355 shares of Prosperity Bancshares, Inc. (NYSE:PB) for approximately $4.54 million, establishing a new position in the company. Institutional investors collectively own about 80.69% of the stock. Prosperity Bancshares recently reported Q3 EPS of $1.46, slightly beating estimates, and announced a quarterly dividend of $0.60 per share.
Prosperity Bank partners with Habitat for Humanity for Bankers Build project
Prosperity Bank employees from Odessa and Midland are volunteering with Permian Basin Habitat for Humanity for a Bankers Build project on March 19. This initiative aims to provide affordable housing for essential workers and strengthen the community. Prosperity Bank, a $38.330 billion regional financial holding company, regularly supports community development and financial well-being.
Natixis Advisors LLC Raises Stock Holdings in Prosperity Bancshares, Inc. $PB
Natixis Advisors LLC increased its stake in Prosperity Bancshares (NYSE:PB) by 7.3% in the third quarter of 2025, now holding 260,013 shares valued at $17.25 million. Other institutional investors like AQR Capital Management LLC and American Century Companies Inc. also significantly increased their positions, bringing total institutional ownership to 80.69%. Prosperity Bancshares recently announced a quarterly dividend of $0.60 per share, yielding 3.6%, and reported Q3 earnings of $1.46 per share, beating estimates.
Prosperity Bancshares (PB) director Ned Holmes sells 1,100 shares, keeps large stake
Prosperity Bancshares Inc. director Ned S. Holmes sold a total of 1,100 shares of Common Stock in open-market transactions on March 11, 2026, across direct holdings, a profit-sharing plan, and a trust. The sales were at weighted-average prices around $66.00 per share. Following these transactions, Holmes maintains a substantial stake in the company, holding over 80,000 direct shares and significant indirect positions, indicating the sale was routine portfolio activity.
Barclays PLC Acquires 119,143 Shares of Prosperity Bancshares, Inc. $PB
Barclays PLC increased its stake in Prosperity Bancshares, Inc. (NYSE:PB) by 42.9% in the third quarter, acquiring an additional 119,143 shares. This raises their total holdings to 396,574 shares, valued at $26.31 million. Other institutional investors also adjusted their positions, while a company insider sold 600 shares of the stock in December.
Ned Holmes Sells 600 Shares of Prosperity Bancshares (NYSE:PB) Stock
Ned Holmes, a director at Prosperity Bancshares, sold 600 shares of the company's stock on March 11, 2026, for a total of $39,582, reducing his position by 1.43%. The transaction comes as Prosperity Bancshares declared a quarterly dividend of $0.60 per share and reported quarterly EPS of $1.46, slightly beating analyst estimates. Analysts currently have an average "Hold" rating on the stock with a consensus target price of $78.92.
3 Reasons to Sell PB and 1 Stock to Buy Instead
This article recommends selling Prosperity Bancshares (PB) due to concerns over its plateaued net interest income, stalled EPS growth, and projected decline in tangible book value per share. The author argues that despite its current trading multiple, PB doesn't pass a quality test and suggests there are better investment opportunities available, specifically highlighting top digital advertising picks and momentum stocks.
Are Options Traders Betting on a Big Move in Prosperity Bancshares Stock?
Options traders are showing significant interest in Prosperity Bancshares (PB) stock, with the Mar 20, 2026 $60.00 Call exhibiting high implied volatility, suggesting expectations of a major price movement. Despite this, the company holds a Zacks Rank #3 (Hold) in the Banks - Southwest Industry, and analyst estimates for the current quarter have only slightly increased. The article suggests that high implied volatility could indicate a developing trade for options sellers looking to capture premium decay.
Prosperity Bancshares Inc (PB) Shares Gap Down to $66.87 on Mar 9
Prosperity Bancshares Inc (PB) shares dropped 2.59% to an intraday low of $65.93 on March 9, ultimately closing at $66.87. This places the stock 13.38% below its 52-week high and 9.51% above its 52-week low. Analyst forecasts suggest an average one-year target price of $78.93, indicating an 18.03% upside, with a consensus "Outperform" recommendation.
Victory Capital Management Inc. Trims Holdings in Prosperity Bancshares, Inc. $PB
Victory Capital Management Inc. significantly reduced its stake in Prosperity Bancshares, Inc. by 68.2% in Q3, selling nearly 2 million shares. Despite this, other institutions like AQR and American Century increased their positions, with Vanguard holding over 10 million shares. Prosperity Bancshares reported a slight EPS beat and announced a quarterly dividend, maintaining an average analyst "Hold" rating.
Is Prosperity Bancshares (PB) Pricing Reflect Long Term Value After Recent Share Weakness
This article analyzes whether Prosperity Bancshares (PB) is currently undervalued, considering its recent share weakness. It utilizes two valuation approaches: an Excess Returns analysis, which suggests the stock is 37.4% undervalued, and a Price vs. Earnings comparison, which also indicates potential undervaluation. The article encourages investors to use the platform's "Narratives" feature for a personalized valuation story based on their own estimates.
Snyder Capital Management L P Sells 19,053 Shares of Prosperity Bancshares, Inc. $PB
Snyder Capital Management L P reduced its stake in Prosperity Bancshares (NYSE:PB) by selling 19,053 shares, bringing its total holdings to 1,139,438 shares valued at approximately $75.6 million. Despite this, other institutions like Vanguard and AQR significantly increased their positions, contributing to an overall institutional ownership of 80.69%. Prosperity Bancshares reported a slight EPS beat and declared a quarterly dividend of $0.60, with several analysts maintaining "Buy" or "Hold" ratings on the stock.
Insider Selling: Prosperity Bancshares (NYSE:PB) Director Sells $42,024.00 in Stock
Prosperity Bancshares director Ned Holmes sold 600 shares of the company's stock on March 4th for a total of $42,024.00, reducing his direct ownership by 1.42%. The company has also announced a quarterly dividend of $0.60 per share, payable April 1st, representing an annualized yield of 3.4%. While analysts have a "Hold" rating on the stock with an average price target of $78.92, the article highlights significant institutional inflows into the company.
Prosperity Bancshares (PB) COO amends filing to show 243,306 direct shares
Prosperity Bancshares (PB) President and COO, Kevin J. Hanigan, filed an amended Form 4 (Form 4/A) to correct an earlier reporting error. The amendment clarifies that his direct ownership of company common stock is 243,306 shares, after an initial filing inadvertently overstated his holdings by 30,000 shares following a grant or award acquisition of 30,000 shares at $0.00 each. This correction updates his official direct share ownership after the transaction.
Prosperity Bancshares Attracts Takeover Interest With Texas Scale And Valuation Gap
Prosperity Bancshares (NYSE:PB) is reportedly drawing takeover interest due to its strong Texas presence, a high-quality loan book, operational efficiency, and an attractive valuation. Executive contract changes are seen as a potential signal that the board is open to a sale. The company's shares are currently trading below analysts' targets and Simply Wall St's estimated fair value, contributing to the acquisition speculation within the active regional bank M&A sector.
Prosperity Bancshares Attracts Takeover Interest With Texas Scale And Valuation Gap
Prosperity Bancshares (NYSE:PB) is reportedly drawing acquisition interest due to its strong Texas presence, attractive valuation, and quality loan book. Executive contract changes hint at management openness to a sale, while the current share price of $70.04 sits below analyst targets, suggesting potential upside for a takeover bid. The regional bank M&A landscape remains active, making this a key area for investors to monitor.
Prosperity Bancshares (PB) Sees Analyst Rating Update by Morgan Stanley | PB Stock News
Morgan Stanley has raised its price target for Prosperity Bancshares (PB) to $91.00 from $80.00, maintaining its "Overweight" rating. This update follows several other analyst adjustments in recent months, with an average target price of $78.00 from 14 analysts and an "Outperform" consensus rating from 15 brokerage firms. GuruFocus estimates PB's fair value (GF Value) at $103.43, suggesting a potential upside of 45.31%.
Rafferty Asset Management LLC Purchases 48,943 Shares of Prosperity Bancshares, Inc. $PB
Rafferty Asset Management LLC increased its stake in Prosperity Bancshares (NYSE:PB) by 44.1%, acquiring an additional 48,943 shares, bringing their total holdings to 159,871 shares valued at approximately $10.61 million. The bank recently declared a quarterly dividend of $0.60 per share, yielding about 3.4%. Prosperity Bancshares currently trades near $70.33 with a market capitalization of $6.68 billion, and analysts have a consensus "Hold" rating with an average price target of $78.77.
Prosperity Bancshares, Inc. (NYSE:PB) Receives Consensus Rating of "Hold" from Analysts
Prosperity Bancshares, Inc. (NYSE:PB) has received a consensus "Hold" rating from 15 analysts, with an average 12-month price target of $78.77. Recent analyst actions include downgrades to "Neutral" by Janney and Piper Sandler, and to "Underweight" by Barclays, with reduced price targets. The company recently reported Q4 earnings per share of $1.46, beating estimates, and declared a quarterly dividend of $0.60.
