Short answer
Prosperity Bancshares Inc (PB) filed its Q1 2019 10-Q quarterly report on May 7, 2019 for the quarter ended Mar 31, 2019.
Prosperity Bancshares Inc Q1 2019 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Net income $82.4M, up $8.0M or 10.8% YoY, with diluted EPS $1.18 vs $1.07
- Net interest income $154.9M, up 1.1% YoY, tax-equivalent margin 3.20% vs 3.16%
- Commercial and industrial loans largest segment at $1.50B, while consumer and other loans totaled $294.4M
- Cash and equivalents $292.1M vs $411.1M, operating cash flow $133.7M, repayments of short-term borrowings $350.0M
- Headwinds: higher deposit and borrowing rates, increased competition, credit deterioration, and economic uncertainty potentially affecting margins and losses
Risk Factors
- No material changes from the December 31, 2018 Form 10-K disclosed
- Credit risk: carried-forward exposure to borrower defaults and loan losses
- Regulatory risk: carried-forward banking-law and supervisory compliance requirements
- Liquidity risk: carried-forward dependence on deposits and funding availability
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
- Q3 2018 10-QFiled Nov 7, 2018
- 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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