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Prosperity Bancshares' Q1 Earnings, Revenue Fall
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Prosperity Bancshares' Q1 Earnings, Revenue Fall
Apr 24, 2024 6:31 AM

09:14 AM EDT, 04/24/2024 (MT Newswires) -- Prosperity Bancshares ( PB ) reported Q1 earnings Wednesday of $1.18 per diluted share, down from $1.37 a year earlier.

Analysts polled by Capital IQ expected $1.16.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and total noninterest income, was $277.1 million, down from $281.7 million a year earlier.

Analysts surveyed by Capital IQ expected $276.4 million.

The company also retained a quarterly dividend of $0.56 per share, payable July 1 to shareholders of record on June 14.

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