Prosperity Bancshares Q4 net income rises 36.2% to $130.1 million; EPS $1.37
Prosperity Bancshares reported fourth quarter 2024 net income of $130.1 million, or $1.37 per diluted share, up from $95.5 million, or $1.02 per share, a year earlier. The company said the increase was mainly due to higher net interest income and a lower FDIC special assessment, partly offset by higher salaries and benefits. The filing also approved a 2025 stock repurchase program covering up to 5% of outstanding common stock.
Key points
- Q4 2024 net income $130.1 million, up 36.2% from $95.5 million in Q4 2023
- Diluted EPS $1.37 versus $1.02 a year earlier, an increase of 34.3%
- Net interest margin (tax equivalent) 3.05%, up from 2.75% in Q4 2023
- 2025 stock repurchase program covers up to about 4.8 million shares, or 5% of common stock, through January 21, 2026
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 January 29, 2025.
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.