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Prosperity Bancshares (Prosperity Bancshares) Allowance For Loans And Lease Losses : $-332 Mil (As of Dec. 2023)


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What is Prosperity Bancshares Allowance For Loans And Lease Losses?

Prosperity Bancshares's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-332 Mil.

Prosperity Bancshares's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 ($-345 Mil) to Sep. 2023 ($-351 Mil) but then increased from Sep. 2023 ($-351 Mil) to Dec. 2023 ($-332 Mil).

Prosperity Bancshares's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-286 Mil) to Dec. 2022 ($-282 Mil) but then declined from Dec. 2022 ($-282 Mil) to Dec. 2023 ($-332 Mil).

Prosperity Bancshares Allowance For Loans And Lease Losses Historical Data

The historical data trend for Prosperity Bancshares's Allowance For Loans And Lease Losses 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.

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Prosperity Bancshares Allowance For Loans And Lease Losses Chart

Prosperity Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.47 -316.07 -286.38 -281.58 -332.36

Prosperity Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -282.19 -345.21 -351.50 -332.36 -330.22

Prosperity Bancshares Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Prosperity Bancshares Allowance For Loans And Lease Losses Related Terms

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Prosperity Bancshares (Prosperity Bancshares) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (NYSE:PB) » Definitions » Allowance For Loans And Lease Losses
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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