Prosperity Bancshares, Inc. (PB) financial statements (2021 and earlier)

Company profile

Business Address 4295 SAN FELIPE
HOUSTON, TX 77027
State of Incorp. TX
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,3431,031333381574420302
Cash and cash equivalents1,3431,031333381574420302
Total current assets:1,3431,031333381574420302
Noncurrent Assets
Operating lease, right-of-use asset575452545417 
Property, plant and equipment324326325327327264262
Intangible assets, net (including goodwill)3,3053,3083,3123,3063,3101,9301,931
Goodwill3,2323,2323,2323,2233,2241,9011,901
Intangible assets, net (excluding goodwill)73768083862930
Total noncurrent assets:3,6853,6883,6893,6873,6912,2112,194
Other undisclosed assets29,03128,47828,94527,67527,92119,46219,880
TOTAL ASSETS:34,05933,19832,96731,74332,18622,09322,375
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt390380365345377311314
Total current liabilities:390380365345377311314
Noncurrent Liabilities
Other undisclosed liabilities27,53926,78226,65325,54325,83817,65517,934
Total liabilities:27,92927,16327,01925,88826,21517,96618,247
Stockholders' equity
Stockholders' equity attributable to parent6,1316,0355,9485,8565,9714,1274,128
Common stock93939393956869
Additional paid in capital3,6343,6313,6333,6303,7351,9602,013
Accumulated other comprehensive income (loss)1(0)(1)(3)101
Retained earnings2,4032,3112,2242,1362,1412,0982,045
Total stockholders' equity:6,1316,0355,9485,8565,9714,1274,128
TOTAL LIABILITIES AND EQUITY:34,05933,19832,96731,74332,18622,09322,375

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues242245243248224135134
Net investment income242244243247223135134
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (10)(10) (2)(1)(1)
Gross profit:242235233248222134133
Operating expenses(15)(20)(32)(21)(66)(12)(12)
Other operating income, net
(Noninterest Income, Other Operating Income)
8866866
Operating income:235223208233164128128
Interest and debt expense(21)(24)(28)(40)(41)(32)(33)
Other undisclosed loss from continuing operations before equity method investments, income taxes(3)   (2)  
Income from continuing operations before equity method investments, income taxes:2111981801931229695
Other undisclosed income (loss) from continuing operations before income taxes(37)(33)(40)(27)(13)78
Income from continuing operations before income taxes:174165140166109103103
Income tax expense(37)(35)(9)(35)(23)(21)(21)
Net income available to common stockholders, diluted:137130131131868282

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:137130131131868282
Other comprehensive income (loss)111(3)1(1)1
Comprehensive income, net of tax, attributable to parent:138131132128878183

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: