Shares of Prosperity Bancshares Inc. (NYSE:PB) traded at a new 52-week high today of $77.17. So far today approximately 62,000 shares have been exchanged, as compared to an average 30-day volume of 437,000 shares.
Prosperity Bancshares Inc. (NYSE:PB) has potential upside of 0.2% based on a current price of $75.40 and analysts’ consensus price target of $75.54.
In the past 52 weeks, shares of Prosperity Bancshares Inc. have traded between a low of $42.02 and a high of $77.17 and is now at $75.40, which is 79% above that low price.
Prosperity Bancshares Inc follows a community bank model and provides multiple services to individuals and small to midsize businesses. It operates more than 200 branches in Texas, most of them around the Houston, Dallas-Fort Worth, Corpus Christi, and Austin metropolitan areas. Its $5 billion loans are heavily weighted toward real estate, with commercial mortgages, consumer mortgages, and construction loans constituting roughly 40%, 25%, and 10% of its portfolio, respectively.
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