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PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND

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Prosperity Bancshares, Inc.® (NYSE: PB) has announced a quarterly common stock dividend increase for the fourth quarter of 2024. The Board of Directors declared a dividend of $0.58 per share, payable on January 2, 2025, to shareholders of record as of December 13, 2024. This represents a $0.02 per share or 3.57% increase from the previous quarter.

As of June 30, 2024, Prosperity Bancshares is a $39.762 billion Houston-based regional financial holding company. Founded in 1983, it provides personal banking services and investments to consumers and small to medium-sized businesses throughout Texas and Oklahoma. The company operates 287 full-service banking locations across various regions, offering traditional deposit and loan products, digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management.

Prosperity Bancshares, Inc.® (NYSE: PB) ha annunciato un aumento del dividendo trimestrale delle azioni ordinarie per il quarto trimestre del 2024. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0,58 per azione, pagabile il 2 gennaio 2025, agli azionisti registrati al 13 dicembre 2024. Questo rappresenta un aumento di $0,02 per azione, pari al 3,57% rispetto al trimestre precedente.

Al 30 giugno 2024, Prosperity Bancshares è una società finanziaria regionale con sede a Houston del valore di $39,762 miliardi. Fondata nel 1983, offre servizi bancari personali e investimenti a consumatori e piccole e medie imprese in tutto il Texas e l'Oklahoma. L'azienda opera con 287 filiali bancarie a servizio completo in diverse regioni, offrendo prodotti tradizionali di deposito e prestito, soluzioni di banking digitale, carte di credito e debito, servizi ipotecari, servizi di intermediazione al dettaglio, gestione fiduciaria e patrimoniale, e gestione della tesoreria.

Prosperity Bancshares, Inc.® (NYSE: PB) ha anunciado un aumento del dividendo trimestral de acciones ordinarias para el cuarto trimestre de 2024. La Junta Directiva declaró un dividendo de $0.58 por acción, pagadero el 2 de enero de 2025, a los accionistas registrados hasta el 13 de diciembre de 2024. Esto representa un aumento de $0.02 por acción o del 3.57% en comparación con el trimestre anterior.

Hasta el 30 de junio de 2024, Prosperity Bancshares es una compañía financiera regional con sede en Houston valorada en $39.762 mil millones. Fundada en 1983, ofrece servicios bancarios personales e inversiones a consumidores y pequeñas y medianas empresas en todo Texas y Oklahoma. La empresa opera 287 sucursales bancarias de servicio completo en diversas regiones, ofreciendo productos tradicionales de depósito y préstamo, soluciones de banca digital, tarjetas de crédito y débito, servicios hipotecarios, servicios de corretaje al por menor, gestión fiduciaria y de patrimonio, y gestión de tesorería.

Prosperity Bancshares, Inc.® (NYSE: PB)는 2024년 4분기를 위한 분기 보통주 배당금 인상을 발표했습니다. 이사회는 2024년 12월 13일 기준 주주들에게 주당 $0.58의 배당금을 선언 하였으며, 이는 2025년 1월 2일에 지급됩니다. 이는 이전 분기보다 주당 $0.02의 증가, 즉 3.57%에 해당합니다.

2024년 6월 30일 현재, Prosperity Bancshares는 $39.762 billion의 가치를 지닌 휴스턴 기반 지역 금융 지주회사입니다. 1983년에 설립된 이 회사는 텍사스와 오클라호마 전역의 소비자와 중소기업에 개인 은행 서비스와 투자 서비스를 제공합니다. 이 회사는 287개의 전 서비스 은행 지점을 운영하며, 전통적인 예금 및 대출 상품, 디지털 뱅킹 솔루션, 신용 및 직불카드, 주택 담보 대출 서비스, 소매 중개 서비스, 신탁 및 자산 관리, 그리고 재무 관리 서비스를 제공합니다.

Prosperity Bancshares, Inc.® (NYSE: PB) a annoncé une augmentation du dividende trimestriel des actions ordinaires pour le quatrième trimestre de 2024. Le conseil d'administration a déclaré un dividende de 0,58 $ par action, payable le 2 janvier 2025, aux actionnaires inscrits au 13 décembre 2024. Cela représente une augmentation de 0,02 $ par action ou 3,57% par rapport au trimestre précédent.

Au 30 juin 2024, Prosperity Bancshares est une société de portefeuille financier régionale basée à Houston d'une valeur de 39,762 milliards $. Fondée en 1983, elle propose des services bancaires personnels et des investissements aux consommateurs ainsi qu'aux petites et moyennes entreprises dans tout le Texas et l'Oklahoma. L'entreprise exploite 287 agences bancaires à service complet dans diverses régions, offrant des produits traditionnels de dépôt et de prêt, des solutions de banque numérique, des cartes de crédit et de débit, des services hypothécaires, des services de courtage de détail, ainsi que des services de fiducie et de gestion de patrimoine, et de gestion de trésorerie.

Prosperity Bancshares, Inc.® (NYSE: PB) hat eine Erhöhung der vierteljährlichen Dividende auf Stammaktien für das vierte Quartal 2024 angekündigt. Der Vorstand hat eine Dividende von 0,58 $ pro Aktie beschlossen, die am 2. Januar 2025 an die am 13. Dezember 2024 eingetragenen Aktionäre ausgezahlt wird. Dies entspricht einer Erhöhung um 0,02 $ pro Aktie oder 3,57% im Vergleich zum Vorquartal.

Am 30. Juni 2024 ist Prosperity Bancshares ein 39,762 Milliarden $ schweres regionales Finanzholdingunternehmen mit Sitz in Houston. Gegründet im Jahr 1983, bietet das Unternehmen persönliche Bankdienstleistungen und Investitionen für Verbraucher sowie kleine und mittelständische Unternehmen in Texas und Oklahoma an. Das Unternehmen betreibt 287 Filialen mit vollem Service in verschiedenen Regionen und bietet traditionelle Einlagen- und Kreditprodukte, digitale Banklösungen, Kredit- und Debitkarten, Hypothekendienste, Einzelhandelsbrokerage-Dienste, Treuhand- und Vermögensverwaltung sowie Treasury-Management an.

Positive
  • Quarterly dividend increased by 3.57% to $0.58 per share
  • Company has a substantial asset base of $39.762 billion
  • Extensive network of 287 full-service banking locations across Texas and Oklahoma
Negative
  • None.

HOUSTON, Oct. 16, 2024 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) today announced that its Board of Directors declared a quarterly common stock dividend of $0.58 per share for the fourth quarter of 2024, payable January 2, 2025, to shareholders of record as of December 13, 2024.  The fourth quarter dividend represents an increase of $0.02 per share, or 3.57%, from the prior quarter.

Prosperity Bancshares, Inc.®

As of June 30, 2024, Prosperity Bancshares, Inc.® is a $39.762 billion Houston, Texas based regional financial holding company providing personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma.

Founded in 1983, Prosperity believes in a community banking philosophy, taking care of customers, businesses, and communities in the areas it serves by providing financial solutions to simplify everyday financial needs. In addition to offering traditional deposit and loan products, Prosperity offers digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management.

Prosperity currently operates 287 full-service banking locations: 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 62 in the Dallas/Fort Worth area; 22 in the East Texas area; 31 in the Central Texas area including Austin and San Antonio; 43 in the West Texas area including Lubbock, Midland-Odessa, Abilene, Amarillo and Wichita Falls; 15 in the Bryan/College Station area; 6 in the Central Oklahoma area; 8 in the Tulsa, Oklahoma area; and 5 in the West Texas area currently doing business as Lone Star State Bank of West Texas.

PROSPERITY BANCSHARES, INC. (PRNewsfoto/Prosperity Bancshares, Inc.)

Cautionary Notes on Forward-Looking Statements

Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically, but not exclusively, identified by the use in the statements of words or phrases such as "aim," "anticipate," "estimate," "expect," "goal," "guidance," "intend," "is anticipated," "is expected," "is intended," "objective," "plan," "projected," "projection," "will affect," "will be," "will continue," "will decrease," "will grow," "will impact," "will increase," "will incur," "will reduce," "will remain," "will result," "would be," variations of such words or phrases (including where the word "could," "may," or "would" is used rather than the word "will" in a phrase) and similar words and phrases indicating that the statement addresses some future result, occurrence, plan or objective. Forward-looking statements include all statements other than statements of historical fact, including forecasts or trends, and are based on current expectations, assumptions, estimates and projections about Prosperity Bancshares and its subsidiaries. These forward-looking statements may include information about Prosperity's possible or assumed future economic performance or future results of operations, including future revenues, income, expenses, provision for loan losses, provision for taxes, effective tax rate, earnings per share and cash flows and Prosperity's future capital expenditures and dividends, future financial condition and changes therein, including changes in Prosperity's loan portfolio and allowance for loan losses, future capital structure or changes therein, as well as the plans and objectives of management for Prosperity's future operations, future or proposed acquisitions, the future or expected effect of acquisitions on Prosperity's operations, results of operations, financial condition, and future economic performance, statements about the anticipated benefits of a proposed transaction, and statements about the assumptions underlying any such statement. These forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, many of which are outside of Prosperity's control, which may cause actual results to differ materially from those expressed or implied by the forward-looking statements. These risks and uncertainties include but are not limited to whether Prosperity can: successfully identify acquisition targets and integrate the businesses of acquired companies and banks; continue to sustain its current internal growth rate or total growth rate; provide products and services that appeal to its customers; continue to have access to debt and equity capital markets; and achieve its sales objectives. Other risks include, but are not limited to: the possibility that credit quality could deteriorate; actions of competitors; changes in laws and regulations (including changes in governmental interpretations of regulations and changes in accounting standards); the possibility that the anticipated benefits of an acquisition transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of two companies or as a result of the strength of the economy and competitive factors generally; a deterioration or downgrade in the credit quality and credit agency ratings of the securities in Prosperity's securities portfolio; customer and consumer demand, including customer and consumer response to marketing; effectiveness of spending, investments or programs; fluctuations in the cost and availability of supply chain resources; economic conditions, including currency rate, interest rate and commodity price fluctuations; and weather. These and various other factors are discussed in Prosperity Bancshares' Annual Report on Form 10-K for the year ended December 31, 2023 and other reports and statements Prosperity Bancshares has filed with the Securities and Exchange Commission ("SEC"). Copies of the SEC filings for Prosperity Bancshares may be downloaded from the Internet at no charge from http://www.prosperitybankusa.com.

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SOURCE Prosperity Bancshares, Inc.

FAQ

What is the new quarterly dividend amount for Prosperity Bancshares (PB) in Q4 2024?

Prosperity Bancshares (PB) has declared a quarterly dividend of $0.58 per share for the fourth quarter of 2024.

When will Prosperity Bancshares (PB) pay its Q4 2024 dividend?

The Q4 2024 dividend for Prosperity Bancshares (PB) will be paid on January 2, 2025, to shareholders of record as of December 13, 2024.

By how much did Prosperity Bancshares (PB) increase its dividend in Q4 2024?

Prosperity Bancshares (PB) increased its quarterly dividend by $0.02 per share, or 3.57%, from the prior quarter.

What was Prosperity Bancshares' (PB) total asset value as of June 30, 2024?

As of June 30, 2024, Prosperity Bancshares (PB) had total assets of $39.762 billion.

Prosperity Bancshares Inc

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