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PB (Prosperity Bancshares) Interest Expense : $-593 Mil (TTM As of Sep. 2024)


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What is Prosperity Bancshares Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prosperity Bancshares's interest expense for the three months ended in Sep. 2024 was $ -156 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-593 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Prosperity Bancshares's Operating Income for the three months ended in Sep. 2024 was $ Mil. Prosperity Bancshares's Interest Expense for the three months ended in Sep. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Prosperity Bancshares Interest Expense Historical Data

The historical data trend for Prosperity Bancshares's Interest Expense 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 Interest Expense Chart

Prosperity Bancshares Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.17 -113.18 -53.62 -89.60 -488.11

Prosperity Bancshares Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense 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 -140.83 -139.45 -143.67 -154.17 -156.21

Prosperity Bancshares Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-593 Mil.

* 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.

Prosperity Bancshares Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Prosperity Bancshares Inc (NYSE:PB) » Definitions » Interest Expense
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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 provides retail and commercial banking services to individuals and small to midsize businesses. It provides a wide array of financial products and services to businesses and consumers throughout Texas and Oklahoma.
Executives
Ned S Holmes director 55 WAUGH DRIVE, HOUSTON TX 77007
Timanus H E Jr director, officer: Executive Vice President
Leah Henderson director 15415 PRADE RANCH LANE, CYPRESS TX 77429
Robert H Steelhammer director 2100 W LOOP S STE 1400, HOUSTON TX 77027
L. Jack Lord director 4295 SAN FELIPE, HOUSTON TX 77027
Asylbek Osmonov officer: Interim CFO 4295 SAN FELIPE, HOUSTON X1 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