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Pre-Market Stock Futures: Futures are trading lower after a solid day for the stock market, as the interest-rate scenario played out as we (and most across Wall Street) predicted, with the Federal Reserve holding rates steady. If the inflation picture remains the same, burdened by higher energy costs, the Fed could raise rates by 25
Prosperity Bancshares, Inc. ( PB ) Q3 2026 Earnings Call October 28, 2026 11:30 AM EDT Company Participants Charlotte Rasche - Executive VP & General Counsel David Zalman - Senior Chairman & CEO Asylbek Osmonov - Chief Financial Officer H. E. Timanus - Chairman of the Board Kevin Hanigan - President, COO & Director Ramon Vitulli - Houston Area Chairman Robert Dowdell - Executive Vice President Conference Call Participants David Rochester - Cantor Fitzgerald & Co., Research Division Brett Rabatin - StoneX Financial, Inc., Research Division Sun Young Lee - TD Cowen, Research Division Michael Rose - Raymond James & Associates, Inc., Research Division James Dutton - Jefferies LLC, Research Division William Jones - Keefe, Bruyette, & Woods, Inc., Research Division Ryan Kenny - Morgan Stanley, Research Division Stephen Scouten - Piper Sandler & Co., Research Division Jon Arfstrom - RBC Capital Markets, Research Division Presentation Operator Good day, and welcome to the Prosperity Bancshares Third Quarter 2026 Earnings Conference Call.
Prosperity Bancshares, Inc. delivered strong Q3 2026 results, with adjusted EPS of $1.67, exceeding consensus by $0.06. PB's aggressive M&A activity, including the Stellar Bancorp merger, drove 41% YoY asset growth but raises integration and goodwill risks. Net interest margin expanded to 3.73%, and adjusted ROATCE reached 15.81%, supporting a continued Buy rating despite sector headwinds.
Repricing existing assets and merger cost cuts, not loan growth, will fuel earnings acceleration through 2027.
Prosperity Bancshares NYSE: PB reported third-quarter 2026 results that reflected the first full quarter including Stellar Bank, with management emphasizing higher net interest margin, merger integration progress and expected cost savings from its recent acquisitions.
Prosperity Bancshares, Inc. is rated a Buy, supported by organic growth, strategic acquisitions, and robust dividend increases. PB's Q3 revenue surged 51% year-over-year to $475.7 million, driven by the Stellar Bank merger, with EPS beating consensus by $0.30. Loans and deposits jumped 45.5% and 48.4% year-over-year, respectively, making PB Texas's second largest bank by deposits.
Although the revenue and EPS for Prosperity Bancshares (PB) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Prosperity Bancshares (PB) came out with quarterly earnings of $1.67 per share, beating the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.45 per share a year ago.