Prosperity Bancshares Exceeds Earnings and Revenue Estimates in Q1

Prosperity Bancshares (PB) reported Q1 Non-GAAP earnings per share of $1.50, surpassing estimates by $0.06, and revenue of $367.62 million, which exceeded expectations by $6.71 million. The company also saw an increase in its net interest margin to 3.51% from 3.30% in the previous quarter.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Prosperity Bancshares Exceeds Earnings and Revenue Estimates in Q1

Tickers: $PB

Topics: earnings financial results net interest margin non-gaap eps revenue growth

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