Prosperity Bancshares (Prosperity Bancshares) Debt-to-Equity

: 0.53 (As of Dec. 2023)

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Prosperity Bancshares's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Prosperity Bancshares's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,725 Mil. Prosperity Bancshares's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,079 Mil. Prosperity Bancshares's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Prosperity Bancshares's Debt-to-Equity or its related term are showing as below:

PB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.25 Max: 0.55
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of Prosperity Bancshares was 0.55. The lowest was 0.05. And the median was 0.25.

PB's Debt-to-Equity is ranked better than
58.8% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs PB: 0.53

Prosperity Bancshares Debt-to-Equity Historical Data

The historical data trend for Prosperity Bancshares's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Prosperity Bancshares Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.24

0.55

0.53

Prosperity Bancshares Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.55	1.00	0.69	0.60	0.53

Competitive Comparison

For the Banks - Regional subindustry, Prosperity Bancshares's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Prosperity Bancshares Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Prosperity Bancshares's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Prosperity Bancshares's Debt-to-Equity falls into.

Prosperity Bancshares Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prosperity Bancshares's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3725)	/	7079.33
	=	0.53

Prosperity Bancshares's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	3725)	/	7079.33
	=	0.53

Prosperity Bancshares (NYSE:PB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Prosperity Bancshares Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Prosperity Bancshares's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Prosperity Bancshares (Prosperity Bancshares) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (NYSE:PB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PPY:Germany

Address

Prosperity Bank Plaza, 4295 San Felipe, Houston, TX, USA, 77027

Website

https://www.prosperitybankusa.com

Prosperity Bancshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. It operates more than 270 branches in Texas, most of them around the Houston, Dallas-Fort Worth, Corpus Christi, and Austin metropolitan areas.

Executives

L. Jack Lord	director	4295 SAN FELIPE, HOUSTON TX 77027
Timanus H E Jr	director, officer: Executive Vice President
Asylbek Osmonov	officer: Interim CFO	4295 SAN FELIPE, HOUSTON X1 77027
Robert H Steelhammer	director	2100 W LOOP S STE 1400, HOUSTON TX 77027
Laura Murillo	director	4295 SAN FELIPE, HOUSTON TX 77027
Ileana M Blanco	director	4295 SAN FELIPE, HOUSTON TX 77027
George A. Fisk	director	LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Robert J. Dowdell	officer: Executive Vice President	4295 SAN FELIPE, HOUSTON TX 77027
David Zalman	director, officer: President and Chief Executive	316 E CALHOUN, EL CAMPO TX 77437
James A Bouligny	director	P O BOX 1567, EL CAMPO TX 77437
Charlotte M Rasche	officer: Executive Vice President	80 SUGAR CREEK CENTER BOULEVARD, SUGAR LAND TX 77478
Edward Z Safady	officer: President	80 SUGAR CREEK CENTER BLVD, SUGAR LAND TX 77478
Kevin J Hanigan	director, officer: President & COO	LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024
Bruce W Hunt	director
J. Mays Davenport	officer: EVP/Director of Corp Strategy	C/O LEGACYTEXAS FINANCIAL GROUP, INC., 5851 LEGACY CIRCLE, PLANO TX 75024