Prosperity Bancshares, Inc. (PB) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,5481,343574411392437564
Cash and cash equivalents2,5481,343574411392437564
Total current assets:2,5481,343574411392437564
Noncurrent Assets
Operating lease, right-of-use asset495754
Property, plant and equipment320324327257257262268
Intangible assets, net (including goodwill)3,2933,3053,3101,9341,9401,9471,918
Goodwill3,2323,2323,2241,9011,9011,9011,869
Intangible assets, net (excluding goodwill)62738633394649
Total noncurrent assets:3,6633,6853,6912,1912,1972,2092,186
Other undisclosed assets31,62429,03127,92120,09219,99819,68519,287
TOTAL ASSETS:37,83434,05932,18622,69322,58722,33122,037
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt448390377285324320315
Total current liabilities:448390377285324320315
Noncurrent Liabilities
Long-term debt and lease obligation    566
Long-term debt, excluding current maturities    566
Total noncurrent liabilities:    566
Other undisclosed liabilities30,95927,53925,83818,35618,43418,36318,253
Total liabilities:31,40727,92926,21518,64118,76318,68918,574
Stockholders' equity
Stockholders' equity attributable to parent6,4276,1315,9714,0533,8243,6423,463
Common stock92939570696970
Treasury stock, value      (1)
Additional paid in capital3,5953,6343,7352,0452,0352,0282,036
Accumulated other comprehensive income (loss)2110(0)12
Retained earnings2,7382,4032,1411,9371,7201,5431,355
Total stockholders' equity:6,4276,1315,9714,0533,8243,6423,463
TOTAL LIABILITIES AND EQUITY:37,83434,05932,18622,69322,58722,33122,037

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues873978624507533538570
Net investment income870976621504469475476
Financial services revenue646295
Cost of revenue (20)(4)(16)(14)(24)(8)
Provision for loan, lease, and other losses (20)(4)(16)
Financial services costs(14)(24)(8)
Gross profit:873958620490519514563
Operating expenses(70)(88)(102)(55)(247)(250)(243)
Other operating income, net
(Noninterest Income, Other Operating Income)
28292622222124
Operating income:831899544457294284344
Nonoperating expense
(Investment Income, Nonoperating)
(3)(3)(2)(2)(3)(2)(3)
Interest and debt expense(54)(113)(137)(98)(60)(43)(39)
Other undisclosed income from continuing operations before equity method investments, income taxes      129
Income from continuing operations before equity method investments, income taxes:775783405358231239430
Other undisclosed income (loss) from continuing operations before income taxes(115)(137)1445175170 
Income from continuing operations before income taxes:660645419403406409430
Income tax expense(140)(116)(87)(81)(134)(134)(144)
Net income available to common stockholders, diluted:519529333322272274287

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:519529333322272274287
Other comprehensive income (loss)1000(2)(1)(2)
Comprehensive income, net of tax, attributable to parent:520529333322271274285

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: