PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2026 EARNINGS
Prosperity Bancshares reported Q3 2026 GAAP net income of $141.5 million ($1.18 diluted EPS), down from $1.45 a year ago, weighed down by $69.7 million of merger-related expenses and a $5.0 million tax settlement. Excluding those items, adjusted net income was $200.8 million ($1.67 per share), with net interest income up 62% YoY to $443.0 million and NIM expanding 26 bps sequentially to 3.73%, driven by the three 2026 bank acquisitions (American, Southwest/Texas Partners, and Stellar).
Key figures
- Eps
- 1.18
- Revenue
- $443.0 million
- Revenue Yoy
- 62.0%
- Roa
- 1.06%
- Total loans
- 32060000000
- Total assets
- 54101000000
- Loans yoy pct
- 45.5%
- Roe avg equity
- 5.77%
- Total deposits
- 41231000000
- Deposits yoy pct
- 48.4%
- Efficiency ratio
- 62.05%
- Stellar goodwill
- 898200000
- Effective tax rate
- 24.4%
- Nim tax equivalent
- 3.73%
- Adjusted net income
- 200800000
- Adjusted diluted eps
- 1.67
- Buyback total q3 usd
- 31800000
- Nim change vs q2 bps
- 26
- Dividend increase pct
- 6.67%
- Dividend per share q4
- 0.64
- Shares repurchased q3
- 457 thousand
- Allowance credit losses
- 629600000
- Merger related expenses
- 69700000
- Acl to loans ex warehouse
- 1.91%
- Efficiency ratio ex merger
- 48.03%
- Noninterest bearing deposits pct
- 33.6%
- Nonperforming assets pct avg earning assets
- 0.41%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.