The bank's asset base has expanded to $43.6 billion as of 2026Q1, primarily driven by aggressive accumulation of investment securities rather than organic loan growth.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 |
|---|
| Cash & Short Term Investments | 17.93B | 12.28B | 12.95B | 896.74M | 880.33M | 3.06B | 1.99B | 861.25M | 494.73M | 609.49M | 657.38M | 665.61M | 822.68M | 538.47M | 552.62M | 535.12M | 158.97M | 194.96M | 212.44M | 178.45M | 116.47M | 91.81M | 58.96M | 72.25M | 67.3M | 41.2M | 36.79M | 20.7M | 18.3M | 17.6M |
| Cash & Due from Banks | 1.55B | 1.75B | 1.97B | 458.15M | 423.83M | 2.55B | 1.34B | 573.59M | 410.57M | 391.62M | 436.2M | 562.54M | 677.28M | 380.99M | 325.95M | 212.8M | 158.97M | 194.96M | 212.44M | 178.45M | 116.47M | 91.81M | 58.96M | 72.25M | 67.3M | 41.2M | 36.79M | 20.7M | 18.3M | 17.6M |
| Short Term Investments | 356.13M | 10.53B | 10.98B | 438.59M | 456.5M | 514.93M | 651.51M | 287.66M | 84.16M | 217.87M | 221.18M | 103.06M | 145.4M | 157.48M | 226.67M | 322.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 36.98B | 32.09B | 32.89B | 33.65B | 33.03B | 31.15B | 28.47B | 27.33B | 19.69B | 19.61B | 19.26B | 18.86B | 18.21B | 15.93B | 12.57B | 8.37B | 8.05B | 7.44B | 7.69B | 4.97B | 3.74B | 3.1B | 2.33B | 2.14B | 1.62B | 1.17B | 992.63M | 533.5M | 396.3M | 287.5M |
| Investments Growth % | 3.81% | -2.45% | -2.26% | 1.87% | 6.05% | 9.39% | 4.19% | 38.77% | 0.43% | 1.8% | 2.14% | 3.57% | 14.29% | 26.75% | 50.11% | 4.01% | 8.16% | -3.22% | 54.8% | 32.74% | 20.83% | 33.22% | 8.83% | 31.86% | 38.4% | 17.94% | 86.06% | 34.62% | 37.84% | - |
| Long-Term Investments | 121.76B | 21.55B | 21.91B | 33.21B | 32.58B | 30.63B | 27.82B | 27.04B | 19.61B | 19.39B | 19.04B | 18.76B | 18.06B | 15.77B | 12.34B | 8.05B | 8.05B | 7.44B | 7.69B | 4.97B | 3.74B | 3.1B | 2.33B | 2.14B | 1.62B | 1.17B | 992.63M | 533.5M | 396.3M | 287.5M |
| Accounts Receivables | 120.56M | 99.3M | 104.37M | 96.33M | 88.44M | 66.03M | 82.07M | 80.8M | 56.53M | 56.37M | 53.31M | 51.92M | 51.94M | 49.25M | 42.34M | 29.41M | 29.93M | 30.57M | 34.62M | 27.94M | 20.36M | 16.11M | 10.17M | 10.12M | 10.35M | 8.47M | 10.43M | 5M | 4M | 2.5M |
| Goodwill & Intangibles | 3.93B | 3.55B | 3.57B | 3.46B | 3.28B | 3.29B | 3.3B | 3.31B | 1.93B | 1.94B | 1.95B | 1.92B | 1.93B | 1.72B | 1.24B | 945.53M | 953.03M | 912.37M | 912.85M | 799.98M | 447.37M | 284.43M | 164.67M | 124.75M | 10.35M | 8.47M | 10.43M | 5M | 4M | 2.5M |
| Goodwill | 3.82B | 3.5B | 3.5B | 3.4B | 3.23B | 3.23B | 3.23B | 3.22B | 1.9B | 1.9B | 1.9B | 1.87B | 1.87B | 1.67B | 1.22B | 924.54M | 924.26M | 876.99M | 874.65M | 753.91M | 424.34M | 261.96M | 153.18M | 118.01M | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 111.24M | 51.6M | 66.05M | 63.99M | 51.35M | 61.68M | 73.23M | 86.4M | 32.88M | 38.84M | 45.78M | 49.42M | 58.95M | 42.05M | 26.16M | 21M | 28.78M | 35.38M | 38.2M | 46.07M | 23.03M | 22.46M | 11.49M | 6.74M | 10.35M | 8.47M | 10.43M | 5M | 4M | 2.5M |
| PP&E (Net) | 463.57M | 383.45M | 371.24M | 369.99M | 339.45M | 319.8M | 323.57M | 326.83M | 257.05M | 257.06M | 262.08M | 268M | 281.55M | 282.93M | 205.27M | 159.66M | 159.05M | 148.85M | 123.64M | 120.04M | 63.2M | 49.24M | 35.79M | 34.3M | 27.01M | 15.08M | 14.49M | 9.8M | 6.1M | 5.5M |
| Other Assets | 1.05B | 593.38M | 657.66M | 511.25M | 520.87M | 458.42M | 532.07M | 566.48M | 342.68M | 333.71M | 370.03M | 376.88M | 354.62M | 282.91M | 197.25M | 102.03M | 125.02M | 120.51M | 98.33M | 277.9M | 196.54M | 46.87M | 102.43M | 22.48M | 24.89M | 4.2M | 67.8M | 20.5M | 1.9M | 1.4M |
| Total Current Assets | 1.67B | 12.38B | 13.05B | 993.07M | 968.77M | 3.13B | 2.08B | 942.05M | 551.26M | 665.85M | 710.69M | 717.53M | 874.63M | 587.71M | 594.96M | 564.52M | 188.91M | 225.53M | 247.06M | 206.39M | 136.84M | 107.92M | 69.13M | 82.36M | 77.65M | 49.67M | 47.22M | 25.7M | 22.3M | 20.1M |
| Total Non-Current Assets | 41.95B | 26.08B | 26.51B | 37.55B | 36.72B | 34.71B | 31.98B | 31.24B | 22.14B | 21.92B | 21.62B | 21.32B | 20.63B | 18.05B | 13.99B | 9.26B | 9.29B | 8.62B | 8.83B | 6.17B | 4.45B | 3.48B | 2.63B | 2.32B | 1.74B | 1.21B | 1.1B | 583M | 414M | 300M |
| Total Assets | 43.62B | 38.46B | 39.57B | 38.55B | 37.69B | 37.83B | 34.06B | 32.19B | 22.69B | 22.59B | 22.33B | 22.04B | 21.51B | 18.64B | 14.58B | 9.82B | 9.48B | 8.85B | 9.07B | 6.37B | 4.59B | 3.59B | 2.7B | 2.4B | 1.82B | 1.26B | 1.15B | 608.7M | 436.3M | 320.1M |
| Asset Growth % | 1.9% | -2.79% | 2.64% | 2.28% | -0.38% | 11.08% | 5.82% | 41.83% | 0.47% | 1.15% | 1.33% | 2.46% | 15.37% | 27.83% | 48.47% | 3.65% | 7.08% | -2.45% | 42.37% | 38.93% | 27.91% | 32.95% | 12.45% | 31.63% | 44.36% | 10.14% | 88.29% | 39.51% | 36.3% | - |
| Return on Assets (ROA) | 1.33% | 1.39% | 1.23% | 1.1% | 1.39% | 1.44% | 1.6% | 1.21% | 1.42% | 1.21% | 1.24% | 1.32% | 1.48% | 1.33% | 1.38% | 1.47% | 1.39% | 1.25% | 1.09% | 1.54% | 1.51% | 1.52% | 1.36% | 1.26% | 1.38% | 1.08% | 0.91% | 1.24% | 1.19% | 1.12% |
| Accounts Payable | 30.16M | 30.91M | 41.91M | 34.82M | 4.5M | 1.26M | 3.46M | 8.59M | 4.2M | 2.94M | 2.32M | 1.9M | 3.19M | 2.5M | 1.9M | 2.8M | 4.01M | 7.34M | 14.63M | 11.76M | 8.45M | 6.55M | 3.1M | 2.52M | 2.55M | 2.87M | 3.48M | 1.6M | 1.1M | 700K |
| Total Debt | 2.49B | 2.15B | 3.42B | 4.03B | 4.13B | 448.1M | 389.58M | 1.81B | 1.32B | 829.38M | 1.31B | 806.65M | 491.78M | 499.28M | 796.31M | 152.73M | 527.36M | 191M | 417.68M | 228.93M | 174.15M | 178.16M | 85.6M | 90.74M | 37.94M | 18.08M | 13.93M | 15.7M | 2.4M | 2.8M |
| Net Debt | 945.89M | 403.7M | 1.45B | 3.58B | 3.7B | -2.1B | -953.41M | 1.23B | 905.27M | 437.76M | 875.01M | 244.11M | -185.51M | 118.29M | 470.36M | -60.07M | 368.38M | -3.96M | 205.24M | 50.48M | 57.68M | 86.35M | 26.64M | 18.5M | -29.36M | -23.12M | -22.86M | -5M | -15.9M | -14.8M |
| Long-Term Debt | 0 | 1.95B | 3.2B | 3.73B | 1.85B | 0 | 0 | 129.53M | 1.13M | 5.22M | 5.78M | 6.4M | 176.25M | 134.92M | 96.81M | 97.84M | 466.7M | 118.41M | 321.66M | 144.35M | 126.93M | 131.18M | 60.54M | 71.73M | 37.94M | 18.08M | 13.93M | 0 | 2.4M | 2.8M |
| Short-Term Debt | 2.46B | 201.22M | 221.91M | 309.28M | 2.28B | 448.1M | 389.58M | 1.68B | 1.31B | 824.15M | 1.31B | 800.25M | 315.52M | 364.36M | 699.5M | 54.88M | 60.66M | 72.6M | 96.02M | 84.58M | 47.23M | 46.98M | 25.06M | 19.01M | 0 | 0 | 0 | 15.7M | 0 | 0 |
| Other Liabilities | 32.92B | 182.67M | 283.08M | 219.64M | -1.68B | 185.61M | 175.07M | 199.73M | 63.97M | 109.36M | 67.93M | 84.64M | 74.78M | 62.16M | 54.13M | 39.62M | 37.94M | 42.26M | 81.66M | 37.81M | 14.08M | 16.24M | 15.8M | 3.89M | 7.42M | 2.25M | 2.85M | 1.4M | 700K | 300K |
| Total Current Liabilities | 2.46B | 28.71B | 28.65B | 27.52B | 30.82B | 31.22B | 27.75B | 25.89B | 18.58B | 18.65B | 18.62B | 18.48B | 18.01B | 15.66B | 12.34B | 8.12B | 7.52B | 7.34B | 7.41B | 5.06B | 3.78B | 2.97B | 2.35B | 2.11B | 1.59B | 1.13B | 1.04B | 553M | 395M | 292.2M |
| Total Non-Current Liabilities | 32.95B | 2.13B | 3.48B | 3.94B | 174.29M | 185.61M | 175.07M | 329.26M | 65.1M | 114.58M | 73.71M | 91.04M | 251.04M | 197.08M | 150.93M | 137.47M | 504.64M | 160.67M | 403.32M | 182.16M | 141M | 147.42M | 76.34M | 75.62M | 45.36M | 20.33M | 16.78M | 1.4M | 3.1M | 3.1M |
| Total Liabilities | 35.41B | 30.85B | 32.13B | 31.47B | 30.99B | 31.41B | 27.93B | 26.21B | 18.64B | 18.76B | 18.69B | 18.57B | 18.26B | 15.86B | 12.49B | 8.26B | 8.02B | 7.5B | 7.82B | 5.24B | 3.92B | 3.12B | 2.42B | 2.18B | 1.63B | 1.15B | 1.05B | 553.4M | 394.9M | 295.3M |
| Total Equity | 8.21B | 7.62B | 7.44B | 7.08B | 6.7B | 6.43B | 6.13B | 5.97B | 4.05B | 3.82B | 3.64B | 3.46B | 3.24B | 2.79B | 2.09B | 1.57B | 1.45B | 1.35B | 1.26B | 1.13B | 664.41M | 464.72M | 275.65M | 219.59M | 187.74M | 115.72M | 92.33M | 55.3M | 41.4M | 24.8M |
| Equity Growth % | 20.05% | 2.39% | 5.07% | 5.67% | 4.23% | 4.84% | 2.68% | 47.33% | 5.98% | 4.99% | 5.18% | 6.72% | 16.43% | 33.38% | 33.31% | 7.91% | 7.48% | 7.66% | 11.32% | 69.69% | 42.97% | 68.59% | 25.53% | 16.96% | 62.23% | 25.33% | 66.97% | 33.57% | 66.94% | - |
| Equity / Assets (Capital Ratio) | 18.82% | 19.8% | 18.8% | 18.37% | 17.78% | 16.99% | 18% | 18.55% | 17.86% | 16.93% | 16.31% | 15.71% | 15.09% | 14.95% | 14.33% | 15.96% | 15.33% | 15.27% | 13.83% | 17.69% | 14.49% | 12.96% | 10.22% | 9.15% | 10.3% | 9.17% | 8.06% | 9.08% | 9.49% | 7.75% |
| Return on Equity (ROE) | 6.8% | 7.21% | 6.6% | 6.09% | 7.99% | 8.27% | 8.74% | 6.64% | 8.17% | 7.29% | 7.73% | 8.55% | 9.86% | 9.08% | 9.18% | 9.39% | 9.11% | 8.59% | 7.09% | 9.39% | 10.93% | 12.93% | 14.02% | 13.04% | 14.05% | 12.46% | 10.87% | 13.44% | 13.6% | 14.52% |
| Book Value per Share | 82.22 | 80.57 | 78.30 | 76.20 | 73.13 | 69.37 | 65.88 | 81.21 | 58.05 | 55.04 | 52.27 | 49.44 | 47.09 | 46.00 | 40.23 | 33.33 | 31.01 | 29.15 | 27.60 | 25.99 | 20.88 | 17.19 | 12.63 | 11.25 | 10.74 | 7.06 | 7.48 | 4.93 | 4.78 | 3.17 |
| Tangible BV per Share | 42.82 | 42.96 | 40.73 | 38.96 | 37.30 | 33.82 | 30.37 | 36.19 | 30.35 | 27.12 | 24.34 | 22.05 | 19.03 | 17.67 | 16.29 | 13.22 | 10.66 | 9.47 | 7.53 | 7.55 | 6.82 | 6.67 | 5.08 | 4.86 | 10.15 | 6.54 | 6.63 | 4.49 | 4.32 | 2.85 |
| Common Stock | 100.83M | 93.06M | 95.28M | 93.72M | 91.31M | 92.17M | 92.57M | 94.75M | 69.85M | 69.49M | 69.49M | 70.06M | 69.82M | 66.08M | 56.48M | 46.95M | 46.72M | 46.58M | 46.12M | 44.19M | 32.83M | 27.86M | 22.42M | 20.97M | 18.9M | 8.11M | 8.07M | 5.2M | 0 | 0 |
| Additional Paid-in Capital | 4.18B | 3.65B | 3.8B | 3.7B | 3.54B | 3.6B | 3.63B | 3.73B | 2.05B | 2.04B | 2.03B | 2.04B | 2.03B | 1.8B | 1.27B | 883.58M | 876.05M | 870.46M | 867.38M | 809.03M | 425.56M | 280.52M | 134.29M | 102.59M | 60.31M | 24.95M | 26.01M | 15.9M | 0 | 0 |
| Retained Earnings | 3.93B | 3.87B | 3.55B | 3.28B | 3.07B | 2.74B | 2.4B | 2.14B | 1.94B | 1.72B | 1.54B | 1.36B | 1.15B | 917.6M | 750.24M | 623.88M | 515.87M | 418.01M | 332.36M | 273.41M | 209.58M | 160.88M | 122.65M | 94.61M | 72.92M | 55.46M | 45.66M | 24.9M | 19.5M | 16M |
| Accumulated OCI | 35K | -296K | -1.62M | -1.4M | -3.47M | 1.81M | 769K | 602K | 310K | -113K | 1.41M | 2.04M | 3.73M | 4.88M | 8.99M | 13.47M | 14.3M | 16.81M | 9.85M | 1.42M | -2.95M | -3.94M | -3.1M | 2.02M | 2.64M | 217K | 605K | -2.7M | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -607K | -37K | -18K | -18K | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12M | 0 | 0 |
Texas Real Estate Concentration
According to the provided quarterly data, Prosperity Bancshares grew total assets from $38.5 billion in 2023Q4 to $43.6 billion by 2026Q1, a trend primarily driven by a significant increase in the investment securities portfolio rather than organic loan growth within the core Texas market.
The shift toward a larger securities portfolio suggests management may be prioritizing liquidity and duration management over aggressive loan book expansion. This trajectory warrants monitoring, as it indicates a potential pivot away from the bank's traditional reliance on community-based lending toward a more passive, interest-rate-sensitive asset allocation strategy.
As reported in financial statements, the bank maintains a highly conservative equity-to-assets ratio of approximately 0.19, which, while providing a robust buffer against potential credit shocks, may indicate an underutilization of capital that could otherwise be deployed for higher-yielding organic growth or strategic acquisitions.
The bank's capital position appears structurally sound, yet the lack of aggressive leverage suggests a management team that remains cautious regarding the current economic cycle. Investors should consider whether this capital conservatism is a prudent response to regional volatility or a sign of limited high-quality lending opportunities in their footprint.
Based on the reported figures, the bank's liquidity profile is heavily reliant on its $37.0 billion investment securities portfolio as of 2026Q1, which provides a substantial cushion but exposes the balance sheet to potential market value fluctuations in a volatile interest rate environment.
The concentration of assets in securities rather than cash or cash equivalents implies that the bank's liquidity is subject to interest rate risk and potential unrealized losses. This structure suggests that while the bank is well-positioned to meet immediate obligations, its earnings stability is increasingly tied to the performance of its fixed-income holdings.
As indicated by the quarterly balance sheet data, the consistent reporting of zero loan loss provisions since 2024Q1 is an outlier that warrants further investigation, as it may mask underlying credit deterioration within the bank's concentrated Texas commercial and residential real estate loan portfolios.
The absence of provisioning in the face of a stagnant revenue environment appears counterintuitive and may suggest an aggressive approach to credit risk management. Analysts should monitor whether this lack of reserves reflects genuine portfolio health or a potential vulnerability that could manifest if regional property values face downward pressure.
Quick answers to the most common questions about buying PB stock.
As of 2025, Prosperity Bancshares, Inc. (PB) had total assets of $38.46B including $12.38B in current assets.
Prosperity Bancshares, Inc. (PB) carries total debt of $2.15B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Prosperity Bancshares, Inc. (PB) has total shareholders' equity (book value) of $7.62B ($80.57 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Prosperity Bancshares, Inc. (PB) reported a current ratio of 0.43x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.