PB

Interactive Brokers Group, Inc. IBKR is set to report second-quarter 2026 results on July 21, after market close. Its earnings and revenues are expected to have improved year over year.In the last reported quarter, the company’s earnings missed the Zacks Consensus Estimate. Results were primarily hurt by a rise in expenses. However, an increase in revenues, growth in customer accounts and a rise in daily average revenue trades (DARTs) acted as tailwinds. IBKR has a decent earnings surprise history. The company’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed in one, the average surprise being 11.7%. Interactive Brokers Group, Inc. price-eps-surprise | Interactive Brokers Group, Inc. Quote The Zacks Consensus Estimate for Interactive Brokers’ earnings has been revised 3.4% higher to 61 cents per share in the past seven days. The estimate indicates a 19.6% rise from the year-ago quarter’s reported number.The consensus estimate for sales is pegged at $1.66 billion, suggesting a year-over-year increase of 12.2%. Client trading activity remained robust in the second quarter as investors actively repositioned portfolios amid shifting expectations surrounding artificial intelligence, persistent inflation, geopolitical uncertainties and a more hawkish Federal Reserve. Heightened volatility encouraged trading across equities, options, fixed income, foreign exchange and commodities.IBKR’s monthly brokerage metrics point to continued momentum, with DARTs rising sharply year over year throughout the quarter, while client accounts and customer equity also expanded at a healthy pace. June alone recorded 5.27 million DARTs, up 53% year over year, alongside a 34% increase in client accounts and 40% growth in client equity.Thus, strong trading volumes across stocks, options and futures, combined with continued customer acquisition, are expected to have driven higher commission income for IBKR. The Zacks Consensus Estimate for commission revenues stands at $605 million, implying 17.2% year-over-year growth. The company’s net interest income (NII) is also expected to have been a major growth driver in the quarter. Customer margin loan balances continued to expand during the quarter, reflecting healthy demand for leverage amid strong equity markets, while customer credit balances remained elevated as IBKR attracted new assets....

Charles Schwab SCHW is scheduled to report second-quarter 2026 earnings on July 21, before market open. The company’s quarterly earnings and revenues are expected to have increased on a year-over-year basis.Schwab’s first-quarter 2026 earnings outpaced the Zacks Consensus Estimate, driven by the solid performance of the asset management business and higher trading revenues. Higher net interest revenues (NIR) and solid brokerage account numbers were other positives.The company has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 3.8%. The Charles Schwab Corporation price-eps-surprise | The Charles Schwab Corporation Quote Before we take a look at what our quantitative model predicts, let us check the factors that are likely to have impacted Schwab’s second-quarter performance. Trading Revenues: Client trading activity remained strong in the second quarter of 2026, driven by elevated market volatility amid shifting expectations for artificial intelligence, persistent inflation, ongoing geopolitical tensions and a more hawkish Federal Reserve. These factors fueled increased activity across equities, fixed income, foreign exchange and commodities markets.Schwab continued to expand its client base, with new brokerage account openings rising in the first two months of the quarter and core net new assets increasing year over year.Backed by healthy client engagement and a favorable trading backdrop, Schwab is expected to have delivered solid growth in trading revenues. The Zacks Consensus Estimate for trading revenues is pegged at $1.14 billion, indicating a 19.7% year-over-year increase.NIR: The consensus estimate for SCHW’s average interest-earning assets for the to-be-reported quarter is $446 billion, indicating a year-over-year rise of 5.4%.In the quarter, the Fed kept interest rates unchanged, while signaling a hike later in the year because of persistently high inflation. This is expected to have created a favorable backdrop for SCHW. Thus, supported by growth in loans and stabilizing funding/deposit costs, the company’s NIR is expected to have been positively impacted.SCHW’s continued focus on repaying high-cost bank supplemental funding balances is expected to have further supported growth.The Zacks Consensus Estimate for second-quarter NIR is pegged at $3.28 bi...

The Bank of New York Mellon Corporation BNY is scheduled to report second-quarter 2026 results on July 15, before market open. The company’s quarterly revenues and earnings are expected to have increased on a year-over-year basis.In the last reported quarter, BNY’s earnings surpassed the Zacks Consensus Estimate. Results were primarily aided by a rise in fee revenues and net interest income (NII). Growth in the assets under custody and/or administration, and assets under management (AUM) balances further supported the results.BNY has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in the trailing four quarters, the average beat being 10.5%. BNY price-eps-surprise | BNY Quote The consensus estimate for the company’s second-quarter earnings is pegged at $2.20 per share, which has been revised marginally higher over the past seven days. The estimated figure indicates a rise of 13.4% from the year-ago quarter’s reported number.The consensus estimate for quarterly sales is pegged at $5.38 billion, implying 7.1% year-over-year growth. Fee Revenues: BNY’s investment services fees (which constitute more than 50% of its total revenues) are expected to have benefited in the to-be-reported quarter from higher global equity markets, which likely boosted AUC/A. Strong client activity, healthy corporate trust demand, and continued momentum in securities servicing and collateral management businesses are also expected to have aided growth. The Zacks Consensus Estimate for investment services fees is pegged at $2.78 billion, suggesting a rise of 7.7% from the year-ago quarter’s actual.Likewise, BNY’s investment management and performance fees are expected to have benefited from higher average AUM, driven by favorable equity markets and a weaker U.S. dollar. However, net outflows in certain strategies and a shift toward lower-fee products are likely to partly offset these gains. The Zacks Consensus Estimate for second-quarter investment management and performance fees is $790 million, indicating a 4.2% year-over-year increase.The consensus mark for financing-related fees stands at $55 million, which indicates a 7.8% year-over-year rise. The consensus estimate for distribution and servicing fees is pegged at $37.6 million, implying a 4.3% year-over-year rise.However, the consensus estimate for foreign exchange revenues stands at $1...

BlackRock BLK is slated to report second-quarter 2026 results on July 15, before the opening bell. Its quarterly revenues and earnings are expected to have improved year over year.BLK’s first-quarter 2026 adjusted earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues. The assets under management (AUM) balance witnessed robust growth, driven by net inflows.BlackRock has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8%. BlackRock price-eps-surprise | BlackRock Quote Before we take a look at what our quantitative model predicts for the to-be-reported quarter, let us check the factors that are likely to have impacted BlackRock’s performance. AUM: BlackRock’s AUM is expected to have benefited primarily from favorable market performance during the quarter, as strong gains in U.S. equities, particularly AI-related technology stocks, and resilient global equity markets lifted the value of client portfolios.Also, the company’s industry-leading iShares exchange-traded fund (ETF) franchise is expected to have continued attracting healthy investor inflows amid record demand for ETFs globally, while sustained interest in active strategies, cash-management products and private-market solutions should have further supported organic asset growth.However, foreign-exchange movements and periodic institutional reallocations could have affected overall AUM growth. Investors will closely watch long-term net inflows to assess whether BlackRock maintained momentum across higher-fee active and private-market products while continuing to capitalize on robust ETF demand.The Zacks Consensus Estimate for total AUM for the second quarter is pegged at $14.84 trillion, indicating a year-over-year jump of 18.4%.Revenue Components: BlackRock is expected to have recorded growth in its investment advisory, administration fees and securities-lending revenues on decent inflows and latest offerings. The consensus estimate for the metric is $5.60 billion, implying a 25.6% year-over-year rise.The Zacks Consensus Estimate for investment advisory performance fees is pegged at $259 million, indicating a significant year-over-year rise.The consensus estimate for distribution fees of $393 million indicates a year-over-year rise of 22.8%. The consensus est...

Truist Financial's (TFC) upcoming leadership changes and the growing prospects of a Federal Reserve

HOUSTON, June 29, 2026 /PRNewswire/ -- In conjunction with Prosperity Bancshares, Inc.® (NYSE: PB) Second Quarter 2026 Earnings Announcement, scheduled before the market opens on Wednesday, July 29, 2026, you are invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants will include members of Prosperity's executive management team. If you are unable to participate during the live webcast, the call will be archived on the website at https://www.prosperitybankusa.com/Investor-Relations. To access the replay, visit https://www.prosperitybankusa.com/Presentation-Webcasts-and-Calls and follow the instructions. Prosperity Bancshares, Inc.® As of March 31, 2026, Prosperity Bancshares, Inc.® is a $43.619 billion Houston, Texas-based regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma. Founded in 1983, Prosperity believes in a community banking philosophy, taking care of customers, businesses, and communities in the areas it serves by providing financial solutions to simplify everyday financial needs. In addition to offering traditional deposit and loan products, Prosperity offers digital banking solutions, credit and debit cards, mortgage services, treasury management solutions, and wealth management services, including trust and retail brokerage. Prosperity currently operates 311 full-service banking locations: 62 in the Houston area, including The Woodlands; 36 in the South Texas area including Corpus Christi and Victoria; 61 in the Dallas/Fort Worth area; 21 in the East Texas area; 28 in the Central Texas area including Austin and San Antonio; 45 in the West Texas area including Lubbock, Midland-Odessa, Abilene; Amarillo and Wichita Falls; 15 in the Bryan/College Station area, 6 in the Central Oklahoma area; 8 in the Tulsa, Oklahoma area, 18 in the Central, South Texas and San Antonio areas doing business as American Bank and 11 in the San Antonio area doing business as Texas Partners Bank. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release contains, and the remarks by Prosperity's management on the conference call may contain, forward-looking statements within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended...

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Prosperity Bancshares (NYSE:PB) and the best and worst performers in the regional banks industry. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 91 regional banks stocks we track reported a slower Q1. As a group, revenues were in line with analysts’ consensus estimates. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. With a network of banking centers spanning the Lone Star State and beyond, Prosperity Bancshares (NYSE:PB) operates full-service banking locations throughout Texas and Oklahoma, offering a wide range of financial products and services to businesses and consumers. Prosperity Bancshares reported revenues of $367.9 million, up 19.7% year on year. This print exceeded analysts’ expectations by 2.3%. Overall, it was a satisfactory quarter for the company with a solid beat of analysts’ net interest income estimates but a miss of analysts’ tangible book value per share estimates. "The first quarter of 2026 was impactful for the company and I am excited to announce that during the quarter we completed the merger of American Bank Holding Corporation on January 1, 2026, completed the merger of Southwest Bancshares, Inc. on February 1, 2026 and announced the merger of Stellar Bancorp, Inc. on January 28, 2026, for which we have now received all necessary regulatory approvals and expect to complete on July 1, 2026. Additionally, we completed a core system conversion in February," said David Zalman, Prosperit...

It has been about a month since the last earnings report for Prosperity Bancshares (PB). Shares have lost about 0.5% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Prosperity Bancshares due for a breakout? Well, first let's take a quick look at its most recent earnings report in order to get a better handle on the recent catalysts for Prosperity Bancshares, Inc. before we dive into how investors and analysts have reacted as of late. Prosperity Bancshares first-quarter 2026 adjusted earnings of $1.50 per share surpassed the Zacks Consensus Estimate of $1.41. The bottom line compared favorably with earnings of $1.37 in the prior-year quarter.In the reported quarter, Prosperity Bancshares completed the acquisitions of American Bank Holding and Southwest Bancshares. Also, it announced a deal to acquire Stellar Bancorp and its subsidiary for $2 billion.Results benefited from an increase in NII and non-interest income, alongside nil provisions. Higher loans and deposit balances were other positives. However, an increase in expenses due to the merger-related charges hurt the results to some extent.Results in the reported quarter excluded merger-related expenses of $42.5 million. Including those, net income available to common shareholders was $116.3 million or $1.16 per share compared with $130.2 million or $1.37 per share in the year-ago quarter. Our estimate for net income was $115.1 million. Total revenues were $367.6 million, up 19.9% year over year. The top line surpassed the Zacks Consensus Estimate of $352.9 million.NII rose 21% year over year to $321.2 million. Also, NIM, on a tax-equivalent basis, expanded 37 basis points to 3.51%. Our estimates for NII and NIM were pegged at $295.6 million and 3.36%, respectively.Non-interest income totaled $46.5 million, up 12.5% year over year. The rise was driven by an increase in all fee-based revenue components, except for other non-interest income. Our estimate for the metric was pegged at $54.4 million.Non-interest expenses were $217.3 million, up 54.9% year over year. The rise was primarily due to merger-related expenses incurred in the reported quarter. Our estimate for non-interest expenses was $202.7 million.The efficiency ratio improved to 59.16% from 45.71% in the prior-year quarter. As...

In the first quarter of 2026, Prosperity Bancshares reported net interest income of US$321.15 million and net income of US$116.27 million, while recording very large net charge-offs of US$41.31 million, and the board declared a US$0.60 per-share dividend for the second quarter. The quarter also reflected the impact of recent bank mergers, stronger-than-expected adjusted earnings and net interest income, active share repurchases, and the appointment of Deloitte & Touche LLP as independent auditor, even as asset quality pressures increased. Next, we’ll examine how these stronger adjusted earnings alongside elevated credit costs may influence Prosperity Bancshares’ existing investment narrative. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 18 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. To own Prosperity Bancshares, you need to be comfortable with a regional bank that is leaning on acquisitions and loan growth while now facing visibly higher credit costs. The Q1 2026 results, with strong adjusted earnings but US$41.31 million of net charge offs, make credit quality the key short term swing factor, while integration of recent mergers remains the other main near term catalyst. This quarter’s news materially heightens the focus on asset quality risk. The Q2 2026 dividend declaration of US$0.60 per share, alongside active share repurchases, shows the board maintaining its capital return pattern even as charge offs spike. For investors, that combination keeps the existing narrative intact around earnings power and capital strength, but it also raises questions about how much room there is to absorb further asset quality pressure while continuing similar payouts. Yet beneath the reassuring dividend and buybacks, investors should be aware of rising net charge offs and what they might signal about... Read the full narrative on Prosperity Bancshares (it's free!) Prosperity Bancshares' narrative projects $2.2 billion revenue and $888.1 million earnings by 2029. This requires 20.0% yearly revenue growth and a $345.3 million earnings increase from $542.8 million today. Uncover how Prosperity Bancshares' forecasts yield a $77.38 fair value, a 13% upside to its current price....

Profit and margin improvement: Full-year net income rose to $543 million with diluted EPS of $5.72, and tax-equivalent NIM expanded to 3.30% in Q4 (3.26% ex-purchase accounting); management expects standalone NIM of at least 3.5% in 2026, with Stellar seen as accretive. M&A-driven growth and near-term costs: Prosperity completed the American Bank merger (effective Jan. 1, 2026), expects the Texas Partners Bank deal to close Feb. 1, 2026, and says the planned Stellar acquisition materially boosts its Houston franchise; management forecast Q1 non-interest expense of $172–176 million and $30–33 million of one-time merger charges. Asset quality and reserves: Non-performing assets rose to about $150 million (46 bps of quarterly average interest-earning assets) driven by a few larger credits, including a $35 million SNC participation, while net charge-offs declined to $5.884 million and the loan loss allowance was $333 million (≈2.21x NPAs). Interested in Prosperity Bancshares, Inc.? Here are five stocks we like better. As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks Prosperity Bancshares (NYSE:PB) reported higher full-year and fourth-quarter earnings for 2025, pointing to an improving net interest margin, stable expenses, and continued capital return through share repurchases. Management also used the call to highlight a series of bank transactions, including the completed merger with American Bank, an expected February closing for Texas Partners Bank, and an agreement to acquire Stellar Bancorp that executives described as strategically significant for the company’s presence in Houston and across Texas. Senior Chairman and CEO David Zalman said Prosperity posted net income of $543 million for the year ended Dec. 31, 2025, up from $480 million in 2024. Diluted earnings per share rose to $5.72 from $5.05. For the fourth quarter, net income was $139.9 million, compared with $130 million in the prior-year quarter. → Meta Posted Its Best Sales Growth Since 2021—So Why Did Shares Fall? What a Gold Miner and an Oil Trust Reveal About Today’s Market Zalman highlighted profitability and expense control metrics, including an annualized return on average assets of 1.49% and return on average tangible common equity of 13.61% for the fourth quarter. He also said the efficiency ratio, excluding certain asset and securities marks and sales im...

Prosperity Bancshares, Inc.’s PB first-quarter 2026 adjusted earnings of $1.50 per share surpassed the Zacks Consensus Estimate of $1.41. The bottom line compared favorably with earnings of $1.37 in the prior-year quarter. In the reported quarter, Prosperity Bancshares completed the acquisitions of American Bank Holding and Southwest Bancshares. Also, it announced a deal to acquire Stellar Bancorp and its subsidiary for $2 billion. Results benefited from an increase in net interest income (NII) and non-interest income, alongside nil provisions. Higher loans and deposit balances were other positives. However, an increase in expenses due to the merger-related charges hurt the results to some extent. Results in the reported quarter excluded merger-related expenses of $42.5 million. Including those, net income available to common shareholders was $116.3 million or $1.16 per share compared with $130.2 million or $1.37 per share in the year-ago quarter. Our estimate for net income was $115.1 million. Total revenues were $367.6 million, up 19.9% year over year. The top line surpassed the Zacks Consensus Estimate of $352.9 million. NII rose 21% year over year to $321.2 million. Also, the net interest margin (NIM), on a tax-equivalent basis, expanded 37 basis points to 3.51%. Our estimates for NII and NIM were pegged at $295.6 million and 3.36%, respectively. Non-interest income totaled $46.5 million, up 12.5% year over year. The rise was driven by an increase in all fee-based revenue components, except for other non-interest income. Our estimate for the metric was pegged at $54.4 million. Non-interest expenses were $217.3 million, up 54.9% year over year. The rise was primarily due to merger-related expenses incurred in the reported quarter. Our estimate for non-interest expenses was $202.7 million. The efficiency ratio improved to 59.16% from 45.71% in the prior-year quarter. As of March 31, 2026, total assets were $43.6 billion, up 13.4% from the previous quarter. Total loans were $25.3 billion, up 16% sequentially. Deposits increased 14.6% sequentially to $32.6 billion. Our estimates for total loans and total deposits were $25.3 billion and $32.8 billion, respectively. As of March 31, 2026, the common equity tier 1 ratio was 15.44%, down from 16.92% in the year-ago quarter. The total risk-based capital ratio declined to 16.69% from 18.17% in the prior-year quarte...

Image source: The Motley Fool. Wednesday, April 29, 2026 at 11:30 a.m. ET Senior Chairman and Chief Executive Officer — David E. Zalman President and Chief Operating Officer — H. E. "Tim" Timanus, Jr. Senior Executive Vice President and Chief Financial Officer — Asylbek Osmonov Senior Executive Vice President and Chief Legal Officer — Charlotte M. Rasche Vice Chairman — Kevin Hanigan David Zalman will lead off with a review of the highlights for the recent quarter. He will be followed by Asylbek Osmonov, who will review some of our recent financial statistics; and Tim Timanus, who will discuss our lending activities, including asset quality. Finally, we will open the call for questions. Before we begin, let me make the usual disclaimers. Certain of the matters discussed in this presentation may constitute forward-looking statements for purposes of the federal securities laws, and as such, may involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of Prosperity Bancshares to be materially different from future results or performance expressed or implied by such forward-looking statements. Additional information concerning factors that could cause actual results to be materially different than those in the forward-looking statements can be found in Prosperity Bancshares' filings with the Securities and Exchange Commission, including Forms 10-Q and 10-K and other reports and statements we have filed with the SEC. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. Now let me turn the call over to David Zalman. David Zalman: Thank you, Charlotte. I would like to welcome and thank everyone listening to our first quarter 2026 conference call. The first quarter of 2026 was impactful for the company, and I'm excited to announce that during the quarter, we completed the merger of American Bank Holding Corporation on January 1, 2026, and completed the merger of Southwest Bancshares, Inc. on February 1, 2026, and announced the merger of Stellar Bancorp on January 28, 2026, for which we have now received all necessary regulatory approvals and expect to complete on July 1, 2026. Additionally, we completed a core system conversion in February. We and others believe that Prosperity is doing the right thing. Prosperity has been ranked as one of Forbes America's B...