Prosperity Bancshares, Inc. (PB) Stock Price & How to Invest

Prosperity Bancshares, founded in 1983 and headquartered in Houston, is a regional financial holding company serving consumers and businesses across Texas and Oklahoma. As of June 30, 2026 it held roughly $43.9 billion in assets, $25.0 billion of loans and $32.6 billion of deposits, offering traditional deposits and loans alongside digital banking, mortgage, treasury management, trust and wealth, and retail brokerage services. The bank has long favored a community-banking model funded by a large, low-cost deposit base, and 2026 has been its busiest deal year: it closed American Bank Holding on January 1, Southwest Bancshares (Texas Partners Bank, 11 Central Texas offices) on February 1, and Stellar Bancorp on July 1. Stellar alone brought about $10.4 billion of assets, $7.5 billion of loans, $8.7 billion of deposits and 52 banking offices, for about 19.4 million Prosperity shares plus roughly $579 million in cash.

The investment picture centers on a conservatively managed balance sheet with margin expansion and steady credit. In the second quarter of 2026, net income rose to about $168.6 million ($1.67 per diluted share) from $135.2 million a year earlier; excluding a one-time gain on a Visa share exchange and small merger costs, EPS was $1.62, up about 14% and ahead of the $1.55 consensus. Net interest margin reached 3.47%, up 29 basis points from a year earlier, and nonperforming assets stayed low at about 0.34% of average earning assets. The shares closed at about $67.87 on October 16, 2026, down about 2.5% year to date but up about 10% over the past year. With a trailing P/E near 12, a forward P/E near 9, a price below book value and a dividend yield near 3.6%, PB screens as a value-oriented regional bank whose returns depend on interest-rate direction, loan demand in Texas, and successful integration of acquired banks. Third-quarter results, the first to include Stellar, are scheduled for October 28, 2026.

As a regional bank, Prosperity is highly sensitive to interest rates: a sharp move in either direction can compress margins or slow loan growth. Its heavy concentration in Texas and Oklahoma commercial real estate and business lending means a regional downturn, an energy-sector shock, or rising credit costs could pressure earnings; first-quarter 2026 results already reflected elevated credit costs and merger effects, with net income dipping to about $116 million before rebounding in the second quarter. The acquisition-heavy strategy carries integration, deposit-attrition, and goodwill risks, now at a larger scale: Stellar added roughly a quarter to the balance sheet and about 19.4 million new shares, so any stumble in retaining its customers or capturing savings would show up directly in per-share results. The stock has drifted about 7% lower over the past three months, and analysts rate it a hold on average. Deposit competition and any renewed stress in the broader regional-banking sector could raise funding costs. Regulatory capital and compliance requirements add ongoing cost and constraint, and a bank of this size draws closer supervisory attention.

14 analysts publish price targets on PB, averaging $79.50 against a $67.79 price as of October 2026, or +17.3%. The published targets run from $70.00 to $85.00, a narrow spread, and the ratings split 6 buy, 7 hold, 2 sell. Over the last six months there have been 6 raises and 4 cuts among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full PB forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

We give no verdict on Prosperity Bancshares, Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Net interest margin recovery. Margin was 3.47% in the second quarter of 2026, up from 3.18% a year earlier, after reaching about 3.51% in the first quarter, helped by deposit repricing and higher loan yields. The most optimistic published target, $85.00, assumes this works close to its best case.

The case against. As a regional bank, Prosperity is highly sensitive to interest rates: a sharp move in either direction can compress margins or slow loan growth. The most pessimistic target, $70.00, is roughly what PB is worth if this bites instead.

Read the full bull and bear case on PB, including what would have to change to break either one. Walnut is not an investment adviser.

No. Prosperity Bancshares, Inc. (PB) has not split its stock in the last 10 years. That is a statement about the window we check rather than about the company’s entire history, so an older split is possible. It also matters less than it once did: fractional shares mean a high price per share no longer keeps smaller investors out, which removed most of the practical reason to split.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Prosperity Bancshares, Inc.'s investor relations page or your broker.

• Market cap: ~$8.2B
• Revenue (TTM): ~$1.39B, up ~26% year over year in the latest quarter
• Net income (TTM): ~$562M; Q2 2026 net income ~$168.6M
• Total assets: ~$43.9B at June 30, 2026, before Stellar's ~$10.4B
• Net interest margin (Q2 2026): ~3.47%
• P/E (trailing / forward): ~12x / ~9x; price-to-book ~0.8x
• Dividend yield: ~3.6% ($2.40 annualized)

Prosperity trades around 12x trailing and 9x forward earnings, below book value, with a dividend yield near 3.6%, a valuation typical of a conservative regional bank with integration work ahead. Second-quarter 2026 EPS excluding one-time items was $1.62, ahead of the $1.55 estimate, and analysts look for $1.61 in the third quarter (reported October 28, 2026) and about $6.41 for full-year 2026, rising to about $7.37 in 2027 as Stellar contributes. The 14 analysts covering the stock carry a mean target near $79.50 against a price of about $67.87; Raymond James upgraded the shares to outperform in early October while BofA trimmed its target to $79.

Other names that sit close to PB: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

There are three common ways to get PB exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so PB sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where PB fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

Prosperity is a low-cost, acquisition-driven Texas regional bank whose story now hinges on absorbing three 2026 deals, Stellar above all, while holding its credit discipline and the margin recovery that lifted second-quarter earnings.

Whether PB is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is PB a buy or a sell?, and where the stock could go from here in the PB stock forecast.

For income investors, whether PB pays a dividend and how the payout looks is covered in does PB pay a dividend? And to weigh PB against a peer, read the full side-by-side comparisons: PB vs LUV and PB vs CFR.