Short answer
Prosperity Bancshares Inc (PB) filed its Q2 2018 10-Q quarterly report on Aug 7, 2018 for the quarter ended Jun 30, 2018.
Prosperity Bancshares Inc Q2 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Quarterly net income $81.6M, up 19.0% YoY from $68.6M
- Tax-equivalent net interest margin 3.28% vs 3.14% YoY, efficiency ratio 43.95% vs 42.34%
- Loan interest income $128.4M, up 11.7% YoY from $115.0M
- Cash and equivalents $275.5M, down 29.8% from $392.3M; operating cash flow $157.9M
- Headwinds: higher deposit rates, increased competition, credit quality and economic risks, interest-rate sensitivity
Risk Factors
- No material changes from the December 31, 2017 Form 10-K
- Credit risk: potential loan losses affecting earnings and capital
- Interest-rate risk: changing rates affecting net interest income
- Liquidity risk: dependence on deposits and other funding sources
- Regulatory risk: banking-law changes increasing compliance costs
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Prosperity Bancshares Inc quarterly reports
- Q3 2019 10-QFiled Nov 7, 2019
- Q2 2019 10-QFiled Aug 2, 2019
- Q1 2019 10-QFiled May 7, 2019
- Q3 2018 10-QFiled Nov 7, 2018
- Q1 2018 10-QFiled May 7, 2018
- Q3 2017 10-QFiled Nov 6, 2017
- Q2 2017 10-QFiled Aug 7, 2017
- Q1 2017 10-QFiled May 8, 2017
- Q3 2016 10-QFiled Nov 7, 2016
- Q2 2016 10-QFiled Aug 10, 2016
- Q1 2016 10-QFiled May 9, 2016
- Q3 2015 10-QFiled Nov 6, 2015
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