Prosperity Bancshares, Inc.® Reports First Quarter 2020 Earnings

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Prosperity Bancshares (PB) Tops Q1 EPS by 21c

April 29, 2020 6:36 AM EDT

Prosperity Bancshares (NYSE: PB) reported Q1 EPS of $1.39, $0.21 better than the analyst estimate of $1.18.

"I am proud to announce that Prosperity posted diluted earnings per share of $1.39 for the first quarter of 2020, a 17.8% increase compared with the same period in 2019. Our merger with LegacyTexas was completed on November 1, 2019 and our management teams continue to find commonalties and strengths that we expect will benefit our company, shareholders and associates going forward. Our planned operational integration remains on schedule for June of this year," said... More