Prosperity Bancshares traded at $70.75 this Monday February 23rd, decreasing $2.78 or 3.78 percent since the previous trading session. Looking back, over the last four weeks, Prosperity Bancshares lost 1.70 percent. Over the last 12 months, its price fell by 7.21 percent. Looking ahead, we forecast Prosperity Bancshares to be priced at 71.25 by the end of this quarter and at 64.83 in one year, according to Trading Economics global macro models projections and analysts expectations.
Prosperity Bancshares, Inc. is a registered financial holding company. The Company operates through its bank subsidiary, Prosperity Bank (the Bank). The Bank provides a range of financial products and services to businesses and consumers throughout Texas and Oklahoma. The Company also offers commercial real estate (including farmland and multifamily residential), one-four family residential and construction, land development, and other land loans. The Bank operates approximately 274 full-service banking locations; with 65 in the Houston area including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 64 in the Dallas/Fort Worth area; 22 in the East Texas area; 29 in the Central Texas area including Austin and San Antonio; 34 in the West Texas area including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; six in the Central Oklahoma area and eight in the Tulsa, Oklahoma area.