Reports Q3 tangible book value per share $39.75. Reports Q3 CET1 capital ratio 15.84%. Reports Q3 net charge-offs .10%. “I am pleased to announce that the Board of Directors approved increasing the fourth quarter 2024 dividend to $0.58 per share from $0.56 per share that was paid in the prior four quarters. The increase reflects the continued confidence the Board has in our company and our markets. The compound annual growth rate in dividends declared from 2003 to 2024 was 11.1%,” said David Zalman, Prosperity’s senior chairman and CEO.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PB:
- PB Earnings this Week: How Will it Perform?
- Prosperity Bancshares Revises CEO Employment Agreement Terms
- Prosperity Bancshares increases quarterly dividend 3.57% to 58c per share
- Prosperity Bancshares downgraded to Neutral from Buy at DA Davidson
- Prosperity Bancshares price target raised to $75 from $70 at Barclays
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.