Short answer
Prosperity Bancshares Inc (PB) filed its Q3 2018 10-Q quarterly report on Nov 7, 2018 for the quarter ended Sep 30, 2018.
Prosperity Bancshares Inc Q3 2018 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $82.5M, up 21.5% YoY from $67.9M; net interest income $157.3M vs $156.1M
- Tax-equivalent net interest margin 3.15% vs 3.22% YoY; effective tax rate 20.5% vs 32.5%
- Interest income strongest in securities, $55.7M, up 10.1%; net interest income increased 0.8%
- Cash and equivalents $294.5M, down 24.9% from $392.3M; operating cash flow $226.2M
- Near-term risks: rising interest rates, deposit competition, economic deterioration, commodity prices, and credit quality pressure
Risk Factors
- No material changes from the December 31, 2017 Form 10-K
- Credit risk: deterioration in borrower credit quality could increase loan losses
- Interest-rate risk: rate changes could pressure net interest margins
- Liquidity risk: reduced funding availability could constrain operations
- Regulatory risk: banking-law changes could increase 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
- Q2 2018 10-QFiled Aug 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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