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Prosperity Bancshares Inc (PRSP) Financial, Regional Banks

PRSP Stock Chart
Prosperity Bancshares, Inc. operates as the financial holding company for Prosperity Bank, which provides retail and commercial banking services to small and medium-sized businesses and consumers. The company accepts various deposit products, including interest-bearing demand deposits, savings accounts, money market accounts, time accounts, certificates of deposit, non interest-bearing demand deposits, and interest checking accounts. It also provides commercial mortgage; one to four family residential loans; commercial loans; loans for automobiles and other consumer durables; home equity loans; term loans; interim construction loans for builders; owner-occupied commercial real estate loans; lines of credit; and loans for working capital, business expansion, and the purchase of equipment and machinery. In addition, the company offers junior subordinated debentures and overdraft protection; check cashing, official check, safe deposit box rental, and currency handling services; and debit cards, Internet banking, cash management services, and automated telephone banking. As of December 31, 2008, it operated 168 full-service banking locations, including 53 in the Greater Houston consolidated metropolitan statistical area; 27 in the South Texas area, including Corpus Christi and Victoria; 43 in the Central Texas area comprising Austin and Bryan/College Station; 21 in East Texas; and 24 in the Dallas/Fort Worth, Texas area. The company was founded in 1983 and is headquartered in Houston, Texas.
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Key Statistics

Closing Price 41.10
Volume 210159
Volume Avg 385936
52 Week High 46.87
52 Week Low 30.91
PE 13.96
PE (group average) 27
EPS Year 2.94
EPS change Q/Q 2.86%
EPS change Q/Q Yr ago 7.46%
EPS change Q/Q next Q est -2.7%
EPS change Y/Y -8.96%
REV change Q/Q 0.94%
REV change Q/Q Yr ago -2.01%
EPS next Q est 0.74
EPS next Y est 3.04
Divident Annual 0.72
Dividend Yield 1.75%