Prosperity Bancshares (PB) Provisions (2009 - 2024)
Prosperity Bancshares (PB) recorded quarterly Provisions of -$5.6 million in Q1 2024, down 223.39% quarter-over-quarter from $4.6 million in Q3 2023, and down 1678.37% on a YoY basis from $356000.0 in Q2 2023.
Prosperity Bancshares (PB) Provisions (2009 - 2024) Analysis & Trends
Prosperity Bancshares' Provisions history runs 16 years deep, the most recent figure standing at -$5.6 million for Q1 2024.
- In Q1 2024, Provisions fell 1678.37% year-over-year to -$5.6 million; the TTM figure through Mar 2024 stood at $10.9 million (down 50.29% YoY), while the FY2023 annual figure was $12.0 million, down 41.17% from the prior year.
- Provisions was -$5.6 million for Q1 2024 at Prosperity Bancshares, down from $4.6 million in the prior quarter.
- In the past five years, Provisions ranged from a high of $20.4 million in Q4 2022 to a low of -$5.6 million in Q1 2024.
- Historically, Provisions has averaged $4.2 million across 5 years, with a median of $2.9 million in 2021.
- The sharpest annual moves came in 2022 and 2024: Provisions surged 3126.19% in 2022, then slumped 1678.37% in 2024.
- A 5-year view of Provisions shows it stood at $10.0 million in 2020, then slumped by 60.3% to $4.0 million in 2021, then soared by 413.15% to $20.4 million in 2022, then slumped by 77.65% to $4.6 million in 2023, then sank by 223.39% to -$5.6 million in 2024.
- The last three Provisions figures came in at -$5.6 million (Q1 2024), $4.6 million (Q3 2023), and $12.0 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Provisions (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 350,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 500,000.00 |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Prosperity Bancshares | 7.24 Bn | 5.70 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -5.62 Mn |
| Sep 30, 2023 | 4.55 Mn |
| Jun 30, 2023 | 12.00 Mn |
| Mar 31, 2023 | 356,000.00 |
| Dec 31, 2022 | 20.37 Mn |
| Sep 30, 2022 | 1.27 Mn |
| Mar 31, 2022 | -1.27 Mn |
| Dec 31, 2021 | 3.97 Mn |
| Sep 30, 2021 | -42,000.00 |
| Jun 30, 2021 | 2.91 Mn |
| Mar 31, 2021 | -3.48 Mn |
| Sep 30, 2020 | 10.00 Mn |
| Jun 30, 2020 | 10.00 Mn |
| Dec 31, 2019 | 1.70 Mn |
| Sep 30, 2019 | 1.10 Mn |
| Jun 30, 2019 | 800,000.00 |
| Mar 31, 2019 | 700,000.00 |
| Dec 31, 2018 | 1.00 Mn |
| Sep 30, 2018 | 2.35 Mn |
| Jun 30, 2018 | 4.00 Mn |