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Prosperity Bancshares reports Q3 EPS $1.20, consensus $1.15
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Prosperity Bancshares reports Q3 EPS $1.20, consensus $1.15

Reports Q3 tangible book value per share $38.08. Reports Q3 CET1 capital ratio 14.98%. Reports Q3 CET1 capital ratio .06%. “I am pleased to announce that the Board of Directors approved raising the fourth quarter 2023 dividend to $0.56 per share from $0.55 per share that was paid in the prior four quarters. The increase reflects the continued confidence the Board has in our company and our markets. The compounded annual growth rate in dividends declared from 2003 – 2023 was 11.5%,” said David Zalman, Prosperity’s senior chairman and CEO.

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