Prosperity Q3 2023 Earnings Report
Key Takeaways
Prosperity Bancshares, Inc. reported a net income of $112.2 million for Q3 2023, with diluted earnings per share of $1.20. Deposits, excluding public funds deposits, increased by $259.9 million. The board approved a dividend increase of 1.82% to $0.56 for Q4 2023.
Board approved increase in dividend of 1.82% to $0.56 for the fourth quarter 2023.
Net income of $112.2 million and diluted earnings per share of $1.20 for third quarter 2023
Deposits, excluding public funds deposits, increased $259.9 million during third quarter 2023, with no brokered deposits purchased
Noninterest-bearing deposits of $10.3 billion, representing 37.6% of total deposits
Prosperity
Prosperity
Forward Guidance
Prosperity believes the overall economy is still in fairly good shape, and they are excited for their future.