Prosperity Bancshares
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Prosperity Bancshares's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $1,068,128,000. Profit margin reached 39%. Total operating expenses were $399,873,000.
Profit Margin
| 2014 | 778.23M | 297.44M | 38.22% |
|---|---|---|---|
| 2015 | 735.54M | 286.64M | 38.97% |
| 2016 | 733.70M | 274.46M | 37.41% |
| 2017 | 713.50M | 272.16M | 38.14% |
| 2018 | 727.59M | 321.81M | 44.23% |
| 2019 | 796.82M | 332.55M | 41.73% |
| 2020 | 1.12B | 528.90M | 47.12% |
| 2021 | 1.10B | 519.29M | 47.17% |
| 2022 | 1.11B | 524.51M | 47.09% |
| 2023 | 1.06B | 419.31M | 39.26% |
PB Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.06B | 1.11B | 1.10B | 1.12B | 796.82M | 727.59M | 713.50M | 733.70M | 735.54M | 778.23M |
Cost of revenue | -530.42M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 1.59B | 1.11B | 1.10B | 1.12B | 796.82M | 727.59M | 713.50M | 733.70M | 735.54M | 778.23M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 3.23M | 3.20M | 3.17M | 3.48M | 3.20M | 2.83M | 2.93M | 2.84M | 2.97M | 3.01M |
Total operating expenses | 399.87M | 754.89M | -441.23M | -477.36M | -377.61M | -227.16M | -249.70M | -282.17M | -266.12M | -288.84M |
Operating income | 691.28M | 755.77M | 659.65M | 645.03M | 419.20M | 500.65M | 466.56M | 451.81M | 469.38M | 489.39M |
Other income (expenses), net | -156.82M | -89.60M | 659.65M | -118.73M | 419.20M | -97.61M | -72.55M | -43.15M | -69.97M | -75.58M |
Income before tax | 534.46M | 666.17M | 659.65M | 645.03M | 419.20M | 403.03M | 406.07M | 408.65M | 430.19M | 445.74M |
Income tax expense | 115.14M | 141.65M | 140.35M | 116.13M | 86.65M | 81.22M | 133.90M | 134.19M | 143.54M | 148.30M |
Net income | 419.31M | 524.51M | 519.29M | 528.90M | 332.55M | 321.81M | 272.16M | 274.46M | 286.64M | 297.44M |
Earnings per share | ||||||||||
Basic EPS | 4.51 | 5.73 | 5.6 | 5.68 | 4.52 | 4.61 | 3.92 | 3.94 | 4.09 | 4.32 |
Diluted EPS | 4.51 | 5.73 | 5.6 | 5.68 | 4.52 | 4.61 | 3.92 | 3.94 | 4.09 | 4.32 |
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