Citigroup has downgraded Prosperity Bancshares Inc (PB) to Neutral from Buy, effective September 14, 2025. The stock closed at $68.15 on the downgrade date.
This move underscores a shift in sentiment regarding the company's outlook. Analysts suggest that this revision may reflect concerns about competitive pressures and market conditions that could impact performance.
Prosperity Bancshares, headquartered in Houston, Texas, provides a range of financial products and solutions, including loans, deposit accounts, and digital banking services. The company operates around 283 full-service banking locations across the U.S. and has a market capitalization of $6.4 billion. Its current P/E ratio stands at 11.95, with an EPS of 5.60 and a dividend yield of 362.1%.
Analyst consensus indicates a Buy rating, with 6 Strong Buy, 11 Buy, and 7 Hold ratings as of November 1, 2025. Upcoming earnings reports are expected on July 21, 2026, with an EPS estimate of $1.58 and revenue of $385.8 million.
Analyst ratings can change over time as new information becomes available, and different analysts may have varying opinions on the same company.