Earnings
Prosperity CEO Rules Out Securities Repositioning: Buyback Likelier Than Deals Below 10 Times Earnings
David Zalman said the answer on repositioning is "simply no" and that a buyback beats buying another bank at current prices.
Prosperity Bancshares (PB) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
David Zalman said the answer on repositioning is "simply no" and that a buyback beats buying another bank at current prices.
Earnings
Executives point to margin expansion and $65 million to $70 million in pre-tax cost savings, not loan growth, as the earnings engine.