Prosperity Bancshares Q3 net income rises 13.4% to $127.3 million, EPS $1.34
Prosperity Bancshares reported third quarter 2024 net income of $127.3 million, or $1.34 per diluted share, up from $112.2 million, or $1.20 per share, a year earlier. The board also approved a fourth quarter dividend of $0.58 per share, up from $0.56, which shareholders would receive if the increase holds. Results were driven mainly by higher net interest income, with three months of Lone Star Bank operations included.
Key points
- Net income was $127.3 million, up $15.1 million or 13.4% from the third quarter of 2023.
- Diluted EPS was $1.34, compared with $1.20 a year earlier.
- Net interest margin rose 23 basis points to 2.95% from 2.72% a year earlier.
- Quarterly dividend increased 3.57% to $0.58 per share, payable January 2, 2025, to holders of record as of December 13, 2024.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 23, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.