Prosperity Bancshares Inc (PB) Files 10-K for the Fiscal Year Ended on December 31, 2018

Prosperity Bancshares Inc (PB, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Prosperity Bancshares, Inc. operates as the financial holding company for Prosperity Bank. It provides range of financial products and services to small and medium-sized businesses and consumers. Prosperity Bancshares Inc has a market cap of $5.26 billion; its shares were traded at around $75.27 with a P/E ratio of 16.33 and P/S ratio of 7.22. The dividend yield of Prosperity Bancshares Inc stocks is 1.98%.

For the last quarter Prosperity Bancshares Inc reported a revenue of $181.8 million, compared with the revenue of $180.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $727.6 million, an increase of 1.6% from last year. For the last five years Prosperity Bancshares Inc had an average revenue growth rate of 2.5% a year.

The reported diluted earnings per share was $4.61 for the year, an increase of 17.6% from previous year. Over the last five years Prosperity Bancshares Inc had an EPS growth rate of 2.4% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Prosperity Bancshares Inc has the cash and cash equivalents of $410.6 million, compared with $391.6 million in the previous year. The long term debt was $1 billion, compared with $5.22 million in the previous year. Prosperity Bancshares Inc has a financial strength rank of 3 (out of 10).

At the current stock price of $75.27, Prosperity Bancshares Inc is traded at 39.4% premium to its historical median P/S valuation band of $54.00. The P/S ratio of the stock is 7.22, while the historical median P/S ratio is 5.18. The stock lost 1.91% during the past 12 months.

For the complete 20-year historical financial data of PB, click here.