PR Newswire

The newsfeed available here is provided by our content partner PR Newswire. This is one of the most important and widest-reaching press services, providing news, press releases and multimedia content to the media, journalists and the public.
The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
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PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
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State: 17.08.2024 | 11PM
Wed, 24.07.2024       Prosperity Bancshares
US7436061052

Completed the merger of Lone Star State Bancshares, Inc. on April 1, 2024Net income of $111.6 million and diluted earnings per share of $1.17 for second quarter 2024Net income of $116.6 million(1) and diluted earnings per share of $1.22(1), excluding merger related provision and expenses, gain on Visa Class B-1 stock exchange net of investment securities sales and FDIC special assessmentNet interest margin increased 15 basis points to 2.94% during second quarter 2024Loans increased $1.06 billion or 5.0% during second quarter 2024Loans, excluding Warehouse Purchase Program loans, increased $839.1 million or 4.1% during second quarter 2024Deposits increased $757.6 million or 2.8% during second quarter 2024Noninterest-bearing deposits of $9.7 billion, representing 34.7% of total depositsAllowance for credit losses on loans and on off-balance sheet credit exposure of $397.5 million and allowance for credit losses on loans to total loans, excluding Warehouse Purchase Program, of 1.69%(1)Nonperforming assets remain low at 0.25% of second quarter average interest-earning assetsRepurchased 671 thousand shares of common stock during second quarter 2024, and 1.2 million shares during 2024
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The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.

RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.

Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.

On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.