Prosperity Bancshares, Inc. (NYSE:PB)

CAPS Rating: 1 out of 5

A financial holding company for Prosperity Bank, which provides a line of financial products and services to small and medium-sized businesses and consumers.

Results 1 - 14 of 14

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Member Avatar texasdrifter (< 20) Submitted: 10/30/2013 11:03:12 PM : Outperform Start Price: $59.67 PB Score: -7.80

Texas growth with almost no bad loans on the book. Now building market share while also expanding into Oklahoma.

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Member Avatar Beginner110 (84.25) Submitted: 10/29/2012 8:59:57 PM : Outperform Start Price: $40.44 PB Score: +19.13

This is a risky situation but one I am taking. I always put my money where my mouth is. High earnings predictabilty and growth persistence. Reasonable PE.

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Member Avatar factoids (81.49) Submitted: 7/26/2012 10:51:43 AM : Outperform Start Price: $38.48 PB Score: +20.70

High book growth bank - low div/EPS ratio - low NPAs to total assets - the Texas economy will continue to beat the US average. The current price/book ratio is way out of line [or too low] with other regional banks with low NPAs. The P/E ratio is out of line [or too low] with a high dividend growth banks.

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Member Avatar 21popsontop (< 20) Submitted: 10/25/2010 10:13:30 PM : Outperform Start Price: $29.45 PB Score: +49.00

Prosperity Bancshares is tagged for perfection.A big thanks to all the financial bounty hunters who lost their a_ _ trying to ride this one of a few sector stand alone gun slinger's to the grass,and hoping you can get me another bottom grab before he heals them wounds and blows the roof of this market in half.Be careful though,he's light'N fast with those pistols. That one star looks like a ranger badge,and before the decades out I see a run away longshot plus 4 deputy badges
attached. Fellow fools Griffin 416,Glasqow PI 13 ,and Intrepid 339 were without blinders,and unbiased looking around this coral of sly moves,acquisitions,earnings,and revenue growth throughout the latest thriller AS The World Ends instead of following the crowd,exactly the kind of analysis,that adds long term $$$'s to an account with stomach for volatility. Contrarian all the way and predicting (PRSP) to see a much better day in this decade long stampede.

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Member Avatar Griffin416 (99.99) Submitted: 3/30/2010 12:19:42 PM : Outperform Start Price: $37.54 PB Score: +2.92

I honestly have not look deeply here, but this is a Texas bank who recently took over a distressed one. 3 ideas here,
1) It must be somewhat fundamentally strong if it can take over other banks
2) Texas, as a state is extremely strong and has good growth prospects. They have good job growth and net in-migration
3) Benanke as his increasingly doveish team will keep the yield curve crazy steep, enhancing PRSP's profits

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Member Avatar Paramnesia1930 (24.23) Submitted: 12/4/2009 5:11:52 PM : Underperform Start Price: $36.65 PB Score: +2.10

Volume since late October has been declining, the advance-decline line and momentum indicators have not confirmed the latest highs, and sentiment indicators are frothy. As confidence in the recovery breaks down and money managers lock in 2009 profits, equities will fall—especially banks that have risen excessively in the last six months.

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Member Avatar intrepid339 (< 20) Submitted: 10/13/2008 5:48:33 PM : Outperform Start Price: $31.19 PB Score: +12.51

Pristine Credit quality over 20 years earnings greater each year Likely aquiror in stressful market conditions

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Member Avatar mindmuse (89.20) Submitted: 8/20/2008 12:34:57 PM : Underperform Start Price: $27.68 PB Score: -68.77

Joining dexion's stoning party

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Member Avatar goldminingXpert (29.70) Submitted: 8/19/2008 6:04:50 AM : Underperform Start Price: $27.98 PB Score: -66.83

Dexion10 nailed this one: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=79889&t=01006200319074134916

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Member Avatar jester112358 (28.97) Submitted: 8/19/2008 4:36:46 AM : Underperform Start Price: $27.98 PB Score: -66.83

I like dexion10's analysis of their book value and questionable loan portfolio. My consider some puts on this one in my real trading portfolio. Thanks for the great analysis of banks dexion10!

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Member Avatar Tastylunch (29.46) Submitted: 8/19/2008 12:47:08 AM : Underperform Start Price: $27.98 PB Score: -66.83

Dexion wrote a good pitch, http://caps.fool.com/Pitch/PRSP/2929760/im-very-excited-to-add-this-te.aspx

I took a look and I also didn't like what I saw.

should be good for at least a +10 in the ole CAPS.

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Member Avatar dexion10 (27.74) Submitted: 8/12/2008 12:25:30 PM : Underperform Start Price: $30.30 PB Score: -53.23

I'm very excited to add this texas bank PRSP to my list of regional bank shorts. I found this because the insiders just sold 3.3M in stock.

Before I tear this bank to shreads let me give you a key fact. This is a $1.5B market cap bank. Remember that as we review the size enormous size of their:

Goodwill - $800M
Multiple to tangible book = 4.5x
Construction Loans $600M (360M in land)

vs.

Market cap of 1.5B

This bank trades at 4.3x tangible book value at a time when most banks are lucky to trade at 2x to 2.5x

PRSP has $830M in goodwill (likely related to overpaying for previous acquisitions)

Further the bank has over 600M in construction loans. They have nearly $360M loaned out on land deals of one form or another. Remember this is only a $1.5B bank

At June 30, 2008, construction loans totaled $658.669 million, consisting of approximately $225 million of single family residence construction; $130 million of land development; $135 million of raw land; $100 million of lot loans; and $69 million of commercial construction and other construction loans.

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Member Avatar trendsJohn (< 20) Submitted: 6/14/2008 3:23:02 PM : Outperform Start Price: $24.94 PB Score: +102.68

multiple bullish technical signals 91.3 (contrary)

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Member Avatar jrgreen544 (86.37) Submitted: 1/29/2008 2:48:00 PM : Outperform Start Price: $25.25 PB Score: +98.38

Exceptional management. Texas has a good growing economy. Bank is conservative in its lending practises.

Results 1 - 14 of 14

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