How much is Prosperity Bank worth?
Prosperity Bancshares (PB), the parent company of Prosperity Bank, had a net worth of $6.25 billion as of 2022.
Understanding Prosperity Bank's Worth
When evaluating the "worth" of a financial institution like Prosperity Bank, the term typically refers to its net worth. Net worth, also often called shareholder equity or book value, is a fundamental financial indicator. It is calculated by subtracting a company's total liabilities from its total assets, thereby representing the portion of the company's assets that are owned by its shareholders. It provides insight into the company's financial health and stability.
Prosperity Bancshares' Historical Net Worth
Prosperity Bancshares has demonstrated consistent growth in its net worth over recent years, reflecting its expanding financial position. The historical net worth figures for Prosperity Bancshares are detailed below:
| Year | Net Worth |
|---|---|
| 2022 | $6.25 Billion |
| 2021 | $6.11 Billion |
| 2020 | $5.72 Billion |
| 2019 | $4.54 Billion |
This sustained increase in net worth signifies an enhancement in the equity value attributable to the company's shareholders, serving as a strong indicator of its financial strength and successful operations.
