Prosperity Bancshares Inc

NYSE PB

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Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) 3 year CAGR for the quarter ending March 31, 2024: 7.35%

Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) 3 year CAGR is 7.35% for the quarter ending March 31, 2024, a 93,599.32% change year over year. Free Cash Flow to Firm represents the cash flow available to all capital providers, including both equity and debt holders. It considers the tax shield effect of interest expense. This ratio indicates the company's ability to generate cash flow available to all stakeholders, including interest payments to debt holders and returns to equity shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) for the quarter ending March 31, 2023 was USD 235.41 M, a 7.28% change year over year.
  • Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) for the quarter ending March 31, 2022 was USD 219.44 M, a -7.22% change year over year.
  • Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) for the quarter ending March 31, 2021 was USD 236.51 M, a 0.49% change year over year.
  • Prosperity Bancshares Inc Free Cash Flow to Firm (FCFF) for the quarter ending March 31, 2020 was USD 235.36 M, a 52.13% change year over year.
NYSE: PB

Prosperity Bancshares Inc

CEO Mr. David E. Zalman
IPO Date Nov. 12, 1998
Location United States
Headquarters Prosperity Bank Plaza, Houston, TX, United States, 77027
Employees 3,901
Sector Financial Services
Industry Banks - regional
Description

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was incorporated in 1983 and is headquartered in Houston, Texas.

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StockViz Staff

September 19, 2024

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