Prosperity Interest Coverage from 2010 to 2024

PB Stock  USD 63.55  0.58  0.90%   
Prosperity Bancshares' Interest Coverage is decreasing over the years with stable fluctuation. Overall, Interest Coverage is expected to go to 3.91 this year. From 2010 to 2024 Prosperity Bancshares Interest Coverage quarterly data regression line had arithmetic mean of  7.12 and r-squared of  0.01. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
2.91527953
Current Value
3.91
Quarterly Volatility
3.45885503
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Prosperity Bancshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prosperity main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.8 M, Interest Expense of 216.7 M or Selling General Administrative of 391 M, as well as many exotic indicators such as Price To Sales Ratio of 4.18, Dividend Yield of 0.0343 or PTB Ratio of 1.56. Prosperity financial statements analysis is a perfect complement when working with Prosperity Bancshares Valuation or Volatility modules.
  
This module can also supplement Prosperity Bancshares' financial leverage analysis and stock options assessment as well as various Prosperity Bancshares Technical models . Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.

Latest Prosperity Bancshares' Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Prosperity Bancshares over the last few years. It is Prosperity Bancshares' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prosperity Bancshares' overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

Prosperity Interest Coverage Regression Statistics

Arithmetic Mean7.12
Geometric Mean6.17
Coefficient Of Variation48.55
Mean Deviation2.89
Median7.43
Standard Deviation3.46
Sample Variance11.96
Range10.7321
R-Value(0.11)
Mean Square Error12.73
R-Squared0.01
Significance0.70
Slope(0.08)
Total Sum of Squares167.49

Prosperity Interest Coverage History

2024 3.91
2023 2.92
2022 8.43
2021 12.3
2020 5.7
2019 3.06
2018 5.13

About Prosperity Bancshares Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Prosperity Bancshares income statement, its balance sheet, and the statement of cash flows. Prosperity Bancshares investors use historical funamental indicators, such as Prosperity Bancshares's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Prosperity Bancshares investors may use each financial statement separately, they are all related. The changes in Prosperity Bancshares's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Prosperity Bancshares's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Prosperity Bancshares Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Prosperity Bancshares. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 2.92  3.91 

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When determining whether Prosperity Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prosperity Bancshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prosperity Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prosperity Bancshares Stock:
Check out the analysis of Prosperity Bancshares Correlation against competitors.
For information on how to trade Prosperity Stock refer to our How to Trade Prosperity Stock guide.
Note that the Prosperity Bancshares information on this page should be used as a complementary analysis to other Prosperity Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Prosperity Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Prosperity Bancshares. If investors know Prosperity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Prosperity Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Dividend Share
2.21
Earnings Share
4.51
Revenue Per Share
11.745
Quarterly Revenue Growth
(0.07)
The market value of Prosperity Bancshares is measured differently than its book value, which is the value of Prosperity that is recorded on the company's balance sheet. Investors also form their own opinion of Prosperity Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Prosperity Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Prosperity Bancshares' market value can be influenced by many factors that don't directly affect Prosperity Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Prosperity Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Prosperity Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prosperity Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.