Prosperity Bancshares, Inc. - Company Capsule

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					Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Company
Capsule
Reference Code: FS0449CC
Published Date: April 2011




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Prosperity Bancshares, Inc. - Company Capsule                                       Page 1
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Company Overview

Prosperity Bancshares, Inc. (Prosperity) is a financial holding company. The company operates through its subsidiary,
Prosperity Bank (the Bank). The company is engaged in providing retail and commercial banking services to its clients.
The company also offers a wide range of services, such as FastLine Telephone Banking, MasterMoney Debit Cards,
Internet Banking, and Harland Online Check Ordering. Further, the company also offers cash management as well as
merchant services. The company avails its products and services to individual as well as to small and medium-sized
businesses. The bank operates across the various states of the US through its subsidiaries and 176 branches. The
company is headquartered in Houston Texas, US.


Financial Performance

The company reported revenue of US$409.61million during the year 2009.The company's revenue grew at a CAGR of
9.66% during the period 2007-2009 with a year on year growth of 17.74% over fiscal year 2008. During the fiscal year
2009 its operating margin was 41.19% as against the operating margin of 36.34% in the fiscal year 2008. During the fiscal
year2009 the company’s net profit margin was 27.31% as against the net profit margin of24.29% in the fiscal year 2008.




Prosperity Bancshares, Inc. - Key Facts

Prosperity Bancshares, Inc., Key Facts

                                  Prosperity Bank Plaza, Houston,
                                  Texas (TX), 77027, United         Ticker Symbol, Stock
Corporate Address:                                                                             PRSP (NASDAQ)
                                                                    Exchange
                                  States


Telephone                          + 1 713 6939300                  No. of Employees           1,719



Fax                                + 1 713 9930765                  Financial Year End         December



URL                               www.prosperitybanktx.com          Revenue (in USD Million)   409.61



Industry                          Financial Services



Locations                         United States

Source: Annual Report, Company Website, Primary and Secondary Research




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Prosperity Bancshares, Inc. - Company Capsule                                                                    Page 2
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Major Products and Services

Prosperity Bancshares, Inc. (Prosperity) is the US based financial holding company. The company’s key products and
services include the following:

Prosperity Bancshares, Inc., Major Products and Services
Products:

MasterMoney Debit Cards

Accounts:

Savings

Checking

Royal Accounts

Services:

Personal Banking:



Loans:

Car Loans

Home Loans

Other Loans

Boat & Recreational Vehicle Loans



Other Services:

FastLine Telephone Banking

Internet Banking

Harland Online Check Ordering



Business Banking:



Loans:

Commercial Real Estate (owner occupied or investment properties)

Equipment

Small Business Administration (SBA)

Cash Management:

On-line, Real-time Internet Banking Services

Web-based Wire Transfer Origination and Dial-up ACH Origination

Positive Pay Accounting

Lock Box Services



Merchant Services:

Credit and Debit Card Acceptance

Check verification

Internet Processing




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Prosperity Bancshares, Inc. - Company Capsule                                                                 Page 3
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc., Major Products and Services
Products:

Gift card

Check conversion

TransLink
Source: Annual Report, Company Website, Primary and Secondary Research




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Prosperity Bancshares, Inc. - Company Capsule                                       Page 4
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Key Competitors

The following companies are the major competitors of Prosperity Bancshares, Inc.:

First Financial Bankshares, Inc.

Southwest Bancorp, Inc.

Cullen/Frost Bankers, Inc.

International Bancshares Corporation

Texas Capital Bancshares, Inc.




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Prosperity Bancshares, Inc. - Company Capsule                                       Page 5
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Key Employees


Prosperity Bancshares, Inc., Key Employees


          Name                             Job Title                      Board Level     Since   Age


                           Vice President, Chief Financial Officer,
David Hollaway                                                      Executive Board       2004    54
                           Director


David Zalman               Chief Executive Officer, Chairman        Executive Board       2005    53


Ervan E. Zouzalik          Director                                 Non Executive Board   2008    73


Harrison Stafford          Director                                 Non Executive Board   2000    68


James A. Bouligny          Director                                 Non Executive Board   1991    74


                           President, Chief Operating Officer,
James D. Rollins                                                    Executive Board       2006    51
                           Director


Leah Henderson             Director                                 Non Executive Board   2007    43


Ned S. Holmes              Director                                 Non Executive Board   2006    65


Perry Mueller              Director                                 Non Executive Board   2001    76


Peter E. Fisher            General Counsel                          Senior Management     2004    63


Robert Steelhammer         Director                                 Non Executive Board   2001    69


Tim Timanus                Vice Chairman                            Non Executive Board


William H. Fagan           Director                                 Non Executive Board   2002    80

Source: Annual Report, Company Website, Primary and Secondary Research




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Prosperity Bancshares, Inc. - Company Capsule                                                          Page 6
Prosperity Bancshares, Inc.

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Prosperity Bancshares, Inc. - Locations and Subsidiaries

Head Office

Prosperity Bancshares, Inc.
Prosperity Bank Plaza
Houston
Texas (TX)
Zip: 77027
United
				
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