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Public signal · 1-minute delayed
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Prosperity Bancshares reported Q2 2024 revenue of $304.79 million, up 10.4%. EPS increased to $1.22, beating estimates. Net Interest Margin was 2.9%, surpassing the 2.8% consensus estimate. Nonperforming loans were higher than analysts expected. Stock has gained 17.9% over the past month, outpacing S&P 500's 1.8% increase. The company holds a 'Hold' rating from Zacks.
- Prosperity Bancshares reported Q2 2024 revenue of $304.79 million, up 10.4%. EPS increased to $1.22, beating estimates.
- Net Interest Margin was 2.9%, surpassing the 2.8% consensus estimate. Nonperforming loans were higher than analysts expected.
- Stock has gained 17.9% over the past month, outpacing S&P 500's 1.8% increase. The company holds a 'Hold' rating from Zacks.
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