← PROSPERITY BANCSHARES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $274.5m | $272.2m | $321.8m | $332.6m | $528.9m | $519.3m | $524.5m | $419.3m | $479.4m | $542.8m | — | |
| Depreciation and amortization | $13.1m | $12.2m | $12.4m | $13.7m | $18.2m | $18.1m | $18.0m | $18.3m | $19.1m | $19.7m | $39.6m | |
| Depreciation, Amortization and Accretion, Net | $22.3m | $19.2m | $18.3m | $20.2m | $31.4m | $29.6m | $28.3m | $31.0m | $34.7m | $34.1m | $39.6m | |
| Amortization of Debt Issuance Costs and Discounts | $43.5m | $38.9m | $31.6m | $30.8m | $38.8m | $58.4m | $43.0m | $27.8m | $22.8m | $17.5m | — | |
| Amortization of Intangible Assets | $9.2m | $6.9m | $6.0m | $6.5m | $13.2m | $11.6m | $10.3m | $12.7m | $15.7m | $14.4m | — | |
| Depreciation, Nonproduction | $13.1m | $12.2m | $12.4m | $13.7m | $18.2m | $18.1m | $18.0m | $18.3m | $19.1m | $19.7m | $39.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $28.3m | $31.0m | $34.7m | $34.1m | $39.6m | |
| Deferred Income Tax Expense (Benefit) | $19.0m | $10.5m | $6.9m | ($26.4m) | $24.8m | $22.8m | $6.0m | $7.3m | $2.6m | ($3.7m) | ($3.7m) | |
| Deferred Tax | — | — | — | — | — | — | $6.0m | $7.3m | $2.6m | ($3.7m) | ($3.7m) | |
| Share-based Payment Arrangement, Noncash Expense | $9.5m | $6.9m | $10.5m | $10.6m | $12.6m | $12.6m | $11.8m | $12.2m | $12.8m | $12.1m | $12.6m | |
| Share-based Payment Arrangement, Expense | $9.5m | $6.9m | $10.5m | $10.6m | $12.6m | $12.6m | $11.8m | $12.2m | $12.8m | $12.1m | $12.6m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | ($1.8m) | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($101.2m) | $147.7m | ($51.2m) | ($34.4m) | $33.0m | |
| Change In Receivables | — | — | — | — | — | — | ($85.2m) | $100.8m | ($106.5m) | $82.5m | $18.0m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($85.2m) | $100.8m | ($106.5m) | $82.5m | $18.0m | |
| Increase (Decrease) in Other Operating Assets | ($15.6m) | ($24.6m) | $14.8m | ($84.1m) | ($29.1m) | ($61.3m) | $85.2m | ($100.8m) | $106.5m | ($82.5m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $334.4m |
$390.7m
+16.86%
|
$320.1m
-18.06%
|
$403.0m
+25.88%
|
$582.3m
+44.49%
|
$694.7m
+19.30%
|
$506.5m
-27.09%
|
$646.4m
+27.61%
|
$472.7m
-26.87%
|
$549.5m
+16.25%
|
$620.7m
+12.96%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $5.0m | $11.2m | $15.1m | $18.6m | $22.1m | $19.0m | $42.4m | $34.2m | $21.1m | $32.5m | ($30.6m) | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $8.1b | $7.3b | $8.1b | — | — | — | $17.3b | $15.7b | — | — | — | |
| Debt Securities, Realized Gain (Loss) | — | — | ($13k) | $0 | $0 | $0 | $0 | $0 | $9k | — | — | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | — | $11.2m | — | ($8.2m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $77.0m | — | — | — | $24.4m | — | — | $0 | |
| Net Other Investing Changes | — | — | — | — | — | — | $5.8m | $13.6m | $1.9m | $3.1m | $4.8m | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($119.0m) | $1.3b | ($1.3b) | ($2.7b) | ($2.0b) | $1.1b | $2.0b | $773.9m | ($46.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $618k | $558k | $4.1m | — | — | — | — | — | — | — | ($6.2m) | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | — | — | $11.2m | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | $0 | ($3.2m) | $0 | $0 | ($6.2m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.9b | $1.7b | ($525.0m) | ($1.2b) | ($506.2m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $0 | ($3.2m) | $0 | $0 | ($6.2m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $1.9b | $1.7b | ($525.0m) | ($1.2b) | ($500.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | $0 | ($3.2m) | $0 | $0 | ($6.2m) | |
| Payments for Repurchase of Common Stock | $51.1m | — | — | $94.5m | $115.2m | $52.1m | $65.7m | $72.2m | $74.8m | $157.2m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($193.1m) | ($205.7m) | ($214.4m) | ($221.4m) | ($231.9m) | |
| Common Stock Payments | — | — | — | — | — | — | ($65.7m) | ($72.2m) | ($74.8m) | ($157.2m) | ($227.9m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($65.7m) | ($72.2m) | ($74.8m) | ($157.2m) | ($227.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($65.7m) | ($72.2m) | ($74.8m) | ($157.2m) | ($227.9m) | |
| Dividends paid | $86 | $96 | $104 | $129 | $174 | $184 | $193 | $206 | $214 | $221 | ($231.9m) | |
| Payments of Dividends | $86 | $96 | $104 | $129 | $174 | $184 | $193 | $206 | $214 | $221 | ($231.9m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($193.1m) | ($205.7m) | ($214.4m) | ($221.4m) | ($231.9m) | |
| Net Cash Provided by (Used in) Financing Activities | — | — | ($182.4m) |
($1.5b)
-722.47%
|
$1.5b
+197.43%
|
$3.2b
+121.33%
|
($666.7m)
-120.61%
|
($1.7b)
-155.92%
|
($940.2m)
+44.90%
|
($1.5b)
-64.66%
|
($196.1m)
+87.33%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $18.8m | $163.0m | $769.4m | $1.2b | ($2.1b) | $34.3m | $1.5b | ($224.7m) | $1.7b | |
| Beginning Cash Position | — | — | — | — | — | — | $2.5b | $424.1m | $458.4m | $2.0b | $1.3b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Bank Owned Life Insurance Income | $5.7m | $5.4m | $5.3m | $5.4m | $5.8m | $5.2m | $5.1m | $6.7m | $8.0m | $8.3m | — | |
| Proceeds from Stock Options Exercised | $778k | $148k | $0 | $0 | $0 | — | — | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $96.4m | $139.4m | $118.3m | $55.8m | $86.4m | $459.3m | $590.1m | $499.8m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Disposition of Assets | $1.9m | ($1.9m) | ($755k) | — | ($5.5m) | $1.1m | $3.9m | $2.0m | $2.8m | $1.2m | — | |
| Goodwill | $1.9b | $1.9b | $1.9b | $3.2b | $3.2b | $3.2b | $3.2b | $3.4b | $3.5b | $3.5b | — | |
| Income Tax Expense (Benefit) | $134.2m | $133.9m | $81.2m | $86.7m | $116.1m | $140.4m | $141.7m | $115.1m | $133.3m | $150.7m | — | |
| Operating Lease, Expense | — | — | — | $7.2m | $13.7m | $11.6m | $10.9m | $12.1m | $11.5m | $11.6m | — | |
| Real Estate Tax Expense | $7.8m | $7.4m | $7.8m | $8.2m | $9.3m | $9.3m | $9.0m | $9.1m | $9.5m | $9.6m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($666.7m) | ($1.7b) | ($940.2m) | ($1.5b) | ($196.1m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($2.0b) | $1.1b | $2.0b | $773.9m | ($46.5m) | |
| Change In Account Payable | — | — | — | — | — | — | ($16.0m) | $47.0m | $55.3m | ($116.8m) | $15.0m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($2.1b) | $34.3m | $1.5b | ($224.7m) | — | |
| Change In Payable | — | — | — | — | — | — | ($16.0m) | $47.0m | $55.3m | ($116.8m) | $15.0m | |
| Changes In Cash | — | — | — | — | — | — | ($2.1b) | $34.3m | $1.5b | ($224.7m) | $378.1m | |
| End Cash Position | — | — | — | — | — | — | $424.1m | $458.4m | $2.0b | $1.7b | $1.7b | |
| Financing Cash Flow | — | — | — | — | — | — | ($666.7m) |
($1.7b)
-155.92%
|
($940.2m)
+44.90%
|
($1.5b)
-64.66%
|
($196.1m)
+87.33%
|
|
| Free Cash Flow | — | — | — | — | — | — | $464.1m | $612.2m | $451.6m | $517.0m | $590.1m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $0 | $0 | ($11.2m) | $0 | ($8.2m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | ($4.8m) | ($2.7m) | ($3.6m) | ($1.4m) | ($538k) | |
| Income Tax Paid Supplemental Data | — | — | — | — | — | $126.9m | $131.4m | $119.1m | $29.0m | — | ($102.3m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($2.0b) | $1.1b | $2.0b | $773.9m | ($46.5m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | $0 | ($24.4m) | $169.9m | $0 | $478.1m | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($1.7b) | $1.9b | $1.7b | $465.2m | ($1.4b) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($32.3m) | ($18.8m) | ($7.7m) | ($18.4m) | ($12.7m) | |
| Operating Gains Losses | — | — | — | — | — | — | ($4.8m) | ($2.7m) | ($14.9m) | ($1.4m) | ($9.4m) | |
| Other Non Cash Items | — | — | — | — | — | — | $6.7m | ($6.2m) | ($5.0m) | ($5.1m) | — | |
| Purchase Of Business | — | — | — | — | — | — | $0 | ($24.4m) | $0 | $0 | $0 | |
| Purchase Of Investment | — | — | — | — | — | — | ($21.2b) | ($15.6b) | ($23.3b) | ($25.6b) | ($29.8b) | |
| Purchase Of PPE | $5.0m | $11.2m | $15.1m | $18.6m | $22.1m | $19.0m | ($42.4m) | ($34.2m) | ($21.1m) | ($32.5m) | ($30.6m) | |
| Sale Of Business | — | — | — | — | — | — | $0 | $0 | $169.9m | $0 | $478.1m | |
| Sale Of Investment | — | — | — | — | — | — | $19.5b | $17.4b | $25.0b | $26.1b | $28.4b | |
| Sale Of PPE | — | — | — | — | — | — | $10.1m | $15.4m | $13.5m | $14.1m | $17.9m | |
| Stock Based Compensation | — | — | — | — | — | — | $11.8m | $12.2m | $12.8m | $12.1m | $12.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.