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
Total interest income $675.8m
$677.4m +0.23%
$727.2m +7.36%
$832.9m +14.54%
$1.1b +37.33%
$1.0b -8.48%
$1.1b +4.58%
$1.4b +31.94%
$1.6b +12.40%
$1.6b -3.29%
Noninterest income:
Total noninterest income $118.4m $116.6m $116.0m $124.3m $131.5m $140.0m $145.1m $153.3m $165.8m $168.3m
NET INTEREST INCOME $632.6m
$616.9m -2.49%
$629.6m +2.06%
$695.8m +10.51%
$1.0b +48.14%
$993.3m -3.63%
$1.0b +1.20%
$956.4m -4.85%
$1.0b +7.33%
$1.1b +5.36%
$1.2b +10.97%
Interest Income (Expense), Net $632.6m
$616.9m -2.49%
$629.6m +2.06%
$695.8m +10.51%
$1.0b +48.14%
$993.3m -3.63%
$1.0b +1.20%
$956.4m -4.85%
$1.0b +7.33%
$1.1b +5.36%
$1.7b +55.90%
Research and Development Expense $4.5m $4.4m $4.7m $5.3m $5.3m $5.2m $6.1m $7.4m $7.5m $8.1m
Labor and Related Expense $197.9m $192.4m $207.5m $226.3m $309.3m $310.6m $314.7m $328.4m $352.4m $353.1m
Salaries and employee benefits $197.9m $192.4m $207.5m $226.3m $309.3m $310.6m $314.7m $328.4m $352.4m $353.1m
Amortization of Intangible Assets $9.2m $6.9m $6.0m $6.5m $13.2m $11.6m $10.3m $12.7m $15.7m $14.4m
Operating Lease, Expense $7.2m $13.7m $11.6m $10.9m $12.1m $11.5m $11.6m
Noninterest expense:
Total noninterest expense $318.4m $313.1m $326.2m $396.5m $497.2m $473.6m $484.2m $556.7m $570.6m $556.2m
Interest expense:
Interest Expense, Debt $0 $1.1m $5.5m $0 $38k $0 $485.9m
Interest Expense, Securities Sold under Agreements to Repurchase $932k $1.3m $2.0m $3.4m $1.6m $702k $2.6m $9.4m $7.0m $4.6m $485.9m
Total interest expense $43.2m $60.5m $97.6m $137.2m $113.2m $53.6m $89.6m $488.1m $597.2m $488.8m
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES $608.6m
$602.5m -1.00%
$613.2m +1.78%
$691.5m +12.76%
$1.0b +46.17%
$993.3m -1.72%
$1.0b +1.20%
$937.9m -6.70%
$1.0b +8.48%
$1.1b +6.30%
$1.2b +10.97%
Debt and Equity Securities, Gain (Loss) $11.2m
Debt Securities, Realized Gain (Loss) ($13k) $0 $0 $0 $0 $0 $9k
Gain (Loss) on Investments $11.2m
Net gain on sale or write down of assets $1.9m ($1.9m) ($755k) ($1.8m) ($5.5m) $1.1m $3.9m $2.0m $2.8m $1.2m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $408.7m $406.1m $403.0m $419.2m $645.0m $659.7m $666.2m $534.5m $612.7m $693.6m $720.5m
Real Estate Tax Expense $7.8m $7.4m $7.8m $8.2m $9.3m $9.3m $9.0m $9.1m $9.5m $9.6m
PROVISION FOR INCOME TAXES $134.2m $133.9m $81.2m $86.7m $116.1m $140.4m $141.7m $115.1m $133.3m $150.7m
Current Income Tax Expense (Benefit) $154.5m $158.2m
Net Income (Loss) Attributable to Parent $274.5m
$272.2m -0.84%
$321.8m +18.24%
$332.6m +3.34%
$528.9m +59.04%
$519.3m -1.82%
$524.5m +1.01%
$419.3m -20.06%
$479.4m +14.33%
$542.8m +13.24%
$562.3m +3.59%
Earnings Per Share, Basic $3.94 $3.92 $4.61 $4.52 $5.68 $5.60 $5.73 $4.51 $5.05 $5.72 $5.77
Earnings Per Share, Diluted $3.94 $3.92 $4.61 $4.52 $5.68 $5.60 $5.73 $4.51 $5.05 $5.72 $5.77
Weighted Average Number of Shares Outstanding, Basic 69.7m 69.5m 69.8m 73.5m 93.1m 92.7m 91.6m 92.9m 95.0m 94.9m 97.4m
Weighted Average Number of Shares Outstanding, Diluted 69.7m 69.5m 69.8m 73.5m 93.1m 92.7m 91.6m 92.9m 95.0m 94.9m 97.4m
Additional Financial Items
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
Business Combination, Acquisition Related Costs $0 $0 $46.4m $8.0m $0 $272k $15.1m $4.4m $330k
Depreciation, Depletion and Amortization, Nonproduction $13.1m $12.2m $12.4m $13.7m $18.2m $18.1m $18.0m $18.3m $19.1m $19.7m $39.6m
Loans, including fees $475.1m $468.3m $504.0m $621.4m $975.9m $869.9m $831.2m $1.1b $1.3b $1.3b
Securities $200.4m $208.2m $221.9m $209.8m $166.8m $175.5m $260.4m $283.3m $246.7m $230.7m $5.9m
Federal funds sold and other earning assets $345k $828k $1.3m $1.7m $1.2m $1.6m $3.2m $12.2m $63.8m $44.2m
Deposits $39.1m $46.3m $71.4m $111.4m $102.5m $52.9m $68.1m $272.3m $408.6m $380.0m
Other borrowings $3.1m $12.9m $24.2m $21.3m $3.5m $0 $18.9m $206.3m $181.6m $104.2m
Securities sold under repurchase agreements $932k $1.3m $2.0m $3.4m $1.6m $702k $2.6m $9.4m $7.0m $4.6m
Subordinated notes $0 $1.1m $5.5m $0 $38k $0
PROVISION FOR CREDIT LOSSES $24.0m $14.3m $16.4m $4.3m $20.0m $0 ($16.3m) $18.5m $9.1m $0
Nonsufficient funds (NSF) fees $33.5m $32.4m $33.2m $34.6m $30.3m $29.6m $34.0m $33.7m $35.4m $37.6m
Credit card, debit card and ATM card income $23.6m $24.4m $25.0m $26.9m $31.2m $34.7m $34.8m $36.5m $37.3m $37.4m
Service charges on deposit accounts $18.8m $21.3m $20.7m $20.6m $23.9m $24.4m $24.7m $24.6m $26.5m $30.0m
Trust income $8.1m $9.2m $10.2m $10.2m $9.6m $10.3m $12.2m $13.3m $14.8m $14.6m
Mortgage income $7.1m $4.1m $3.4m $5.0m $10.8m $8.3m $1.4m $2.3m $3.1m $3.9m
Brokerage income $4.6m $1.9m $2.6m $2.4m $2.5m $3.3m $3.7m $4.3m $4.7m $5.4m
Other $33.3m $33.7m $35.8m $37.7m $50.7m $45.7m $46.9m $51.3m $55.2m $50.2m
Net occupancy and equipment $23.1m $22.4m $22.8m $24.0m $35.0m $32.2m $32.4m $35.5m $35.8m $37.1m
Credit and debit card, data processing and software amortization $17.1m $17.2m $17.8m $23.6m $40.3m $35.1m $37.3m $41.6m $47.3m $48.6m
Regulatory assessments and FDIC insurance $12.7m $14.3m $13.3m $8.6m $9.9m $10.6m $11.4m $40.2m $27.4m $18.1m
Core deposit intangibles amortization $9.2m $6.9m $6.0m $6.5m $13.2m $11.6m $10.3m $12.7m $15.7m $14.4m
Depreciation $13.1m $12.2m $12.4m $13.7m $18.2m $18.1m $18.0m $18.3m $19.1m $19.7m $21.5m
Communications $11.6m $10.6m $10.0m $9.7m $12.5m $12.0m $13.0m $14.4m $13.7m $14.0m
Net other real estate expense (income) $514k $3.3m $722k ($67k) $165k ($2.2m) ($122k) ($834k) ($291k) $653k
Merger related expenses $0 $0 $46.4m $8.0m $0 $272k $15.1m $4.4m $330k

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.