Morgan Stanley raises target for Prosperity Bancshares stock
Published on 10/06/2026 at 13:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
On September 28, 2026, Morgan Stanley raised its Prosperity Bancshares price target from USD 80.00 to USD 81.00 while maintaining an Underweight rating, according to StockAnalysis. Prosperity Bancshares has also scheduled its third-quarter 2026 results for October 28, 2026, according to PR Newswire.
October results set the next test
The announcement is scheduled before the market opens, with the conference call at 11:30 a.m. ET on the same date. The timing gives investors a defined checkpoint after a strong second quarter and recent target changes from several banks.
Prosperity Bancshares had total assets of USD 43.9 billion as of June 30, 2026, and operated 353 full-service banking locations, according to ScanX News. Its footprint spans Texas and Oklahoma, giving the next report a direct read-through on loan demand, deposits and integration execution.
Second-quarter figures beat estimates
In the second quarter of 2026, adjusted earnings per share reached USD 1.62, exceeding the USD 1.51 consensus estimate by 7.28 percent. Quarterly sales totaled USD 391.255 million, surpassing the USD 381.066 million estimate by 2.67 percent and rising 25.93 percent from USD 310.704 million a year earlier, according to ScanX News. The combination of an earnings beat and double-digit sales growth raises the importance of credit quality and net interest margin in the October update.
StockAnalysis identifies Prosperity Bancshares as a NYSE-listed regional bank with ticker PB. The same profile shows a USD 8.1 billion market capitalization and a USD 61.07 to USD 77.20 52-week range as of October 5, 2026.
PB stock trades higher in Europe
Prosperity Bancshares stock was trading at EUR 60.50 at Lang & Schwarz on October 6, 2026 at 1:16 p.m. CEST, up 1.26 percent versus the prior close of EUR 59.75. On the NYSE, the stock stood at USD 67.22 on October 5, 2026, below its 52-week high of USD 77.20.
Prosperity Bancshares stock facts
- Company: Prosperity Bancshares, Inc.
- ISIN: US7436061052
- WKN: 923484
- Ticker: PB
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 1:16 p.m. CEST): EUR 60.50
- Change versus prior close: plus 1.26 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 59.75
- Market capitalization: USD 8.1 billion (as of October 5, 2026)
- 52-week range: USD 61.07-77.20 (as of October 5, 2026)
- Sector / Industry: Financial Services / Regional Banks
- Next earnings date: October 28, 2026
