Prosperity Bancshares, Inc. (NYSE:PB), recently named America’s Best Banks for 2014 by Forbes, is an $18.6 billion Houston, Texas based regional financial holding company, formed in 1983. Operating under a community banking philosophy and seeking to develop broad customer relationships based on service and convenience, Prosperity offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and consumers. Prosperity Bancshares, Inc. (NYSE:PB) shares after opening at $64.52 moved to $65.33 on last trade day and at the end of the day closed at $64.58. Company price to sales ratio in past twelve months was calculated as 7.67 and price to cash ratio as 10.84. Prosperity Bancshares, Inc. (NYSE:PB) showed a negative weekly performance of -2.56%.
Cullen/Frost Bankers, Inc. (NYSE:CFR) maintained its uptrend during Tuesday session, a day after it established a new 52-week high of $78.96 during trading Monday. Shares of the company traded up 0.21 percent to touch 77.61 by closing bell in the previous session, which was characterized with below average volume. The shares of the consumer and commercial banking services company are up more than 6.2 percent since the year began. Although significant rise has already been booked in the stock, analysts believe that it still has more room to rise. The last 60 days have seen earnings estimates in the stock revised in the manner of 8 upwards and 5 downwards. The stock carries Zack consensus rating of buy. The last quarter financial results saw the stock reporting 99 cents EPS, breaching the consensus 97 cents which analysts at Zacks observed. Cullen/Frost Bankers, Inc. (NYSE:CFR) shares advanced 0.38% in last trading session and ended the day on $76.32. CFR return on equity ratio is recorded as 12.30% and its return on assets is 1.20%. Cullen/Frost Bankers, Inc. (NYSE:CFR) yearly performance is 25.57%.
Texas Capital Bancshares Inc (NASDAQ:TCBI) , announced that on March 20, 2014, its Board of Directors approved the declaration of a 25 cents per share cash dividend for shareholders of record as of the close of business on April 1, 2014, payable on April 18, 2014. “This cash dividend, which reflects an increase of 8.7% per share over IBC’s most recent cash dividend, was made possible because of the continuing favorable performance of IBC during these challenging economic times,” said Dennis E. Nixon, President and CEO of IBC.Texas Capital Bancshares Inc (NASDAQ:TCBI) shares moved up 0.16% in last trading session and was closed at $63.92, while trading in range of $63.76-$64.88. Texas Capital Bancshares Inc (NASDAQ:TCBI) year to date performance is 2.77%.
International Bancshares Corp (NASDAQ:IBOC), announced that on March 20, 2014, its Board of Directors approved the declaration of a 25 cents per share cash dividend for shareholders of record as of the close of business on April 1, 2014, payable on April 18, 2014. “This cash dividend, which reflects an increase of 8.7% per share over IBC’s most recent cash dividend, was made possible because of the continuing favorable performance of IBC during these challenging economic times,” said Dennis E. Nixon, President and CEO of IBC. International Bancshares Corp (NASDAQ:IBOC) weekly performance is -5.91%. On last trading day company shares ended up $24.35. International Bancshares Corp (NASDAQ:IBOC) distance from 50-day simple moving average is 1.83%. Analysts mean target price for the company is $22.00.