PROSPERITY BANCSHS
PROSPERITY BANCSHS operates in Diversified Metals & Mining.
PROSPERITY BANCSHS (PPY) - Net Assets
Latest net assets as of September 2024: €7.36 Billion EUR
Based on the latest financial reports, PROSPERITY BANCSHS (PPY) has net assets worth €7.36 Billion EUR as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€40.12 Billion) and total liabilities (€32.75 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.36 Billion |
| % of Total Assets | 18.35% |
| Annual Growth Rate | 9.96% |
| 5-Year Change | 18.57% |
| 10-Year Change | N/A |
| Growth Volatility | 14.94 |
PROSPERITY BANCSHS - Net Assets Trend (2016–2023)
This chart illustrates how PROSPERITY BANCSHS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PROSPERITY BANCSHS (2016–2023)
The table below shows the annual net assets of PROSPERITY BANCSHS from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €7.08 Billion | +5.67% |
| 2022-12-31 | €6.70 Billion | +4.23% |
| 2021-12-31 | €6.43 Billion | +4.84% |
| 2020-12-31 | €6.13 Billion | +2.68% |
| 2019-12-31 | €5.97 Billion | +47.33% |
| 2018-12-31 | €4.05 Billion | +5.98% |
| 2017-12-31 | €3.82 Billion | +4.99% |
| 2016-12-31 | €3.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PROSPERITY BANCSHS's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 112.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.28 Billion | 46.38% |
| Other Components | €3.80 Billion | 53.62% |
| Total Equity | €7.08 Billion | 100.00% |
PROSPERITY BANCSHS Competitors by Market Cap
The table below lists competitors of PROSPERITY BANCSHS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EDISON INTL - Dusseldorf Stock Exchang
DU:EIX
|
$599.88K |
|
ARCHER-DANIELS MID.
MU:ADM
|
$600.02K |
|
NASDAQ TEST STOCK
NASDAQ:ZVZZT
|
$600.04K |
|
Lightning Minerals Ltd
AU:L1M
|
$600.13K |
|
HORISONT ENERGI NK -01
F:9GJ
|
$598.81K |
|
DIASORIN - Dusseldorf Stock Exchang
DU:34D
|
$598.74K |
|
OTSUKA HLDGS
MU:OS1
|
$598.66K |
|
AMBARELLA
BE:A8B
|
$598.56K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PROSPERITY BANCSHS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,699,374,000 to 7,079,330,000, a change of 379,956,000 (5.7%).
- Net income of 419,316,000 contributed positively to equity growth.
- Dividend payments of 205,715,000 reduced retained earnings.
- Share repurchases of 72,248,000 reduced equity.
- Other factors increased equity by 238,603,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €419.32 Million | +5.92% |
| Dividends Paid | €205.72 Million | -2.91% |
| Share Repurchases | €72.25 Million | -1.02% |
| Other Changes | €238.60 Million | +3.37% |
| Total Change | €- | 5.67% |
Book Value vs Market Value Analysis
This analysis compares PROSPERITY BANCSHS's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.79x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.08x to 0.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €55.03 | €59.50 | x |
| 2018-12-31 | €58.02 | €59.50 | x |
| 2019-12-31 | €63.02 | €59.50 | x |
| 2020-12-31 | €66.23 | €59.50 | x |
| 2021-12-31 | €69.73 | €59.50 | x |
| 2022-12-31 | €73.37 | €59.50 | x |
| 2023-12-31 | €75.54 | €59.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PROSPERITY BANCSHS utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.26%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 5.45x
- Recent ROE (5.92%) is below the historical average (7.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.54% | 37.39% | 0.03x | 6.13x | €-89.77 Million |
| 2017 | 7.12% | 38.00% | 0.03x | 5.91x | €-110.25 Million |
| 2018 | 7.94% | 44.22% | 0.03x | 5.60x | €-83.47 Million |
| 2019 | 5.57% | 41.76% | 0.02x | 5.39x | €-264.53 Million |
| 2020 | 8.63% | 47.14% | 0.03x | 5.56x | €-84.16 Million |
| 2021 | 8.08% | 47.29% | 0.03x | 5.89x | €-123.43 Million |
| 2022 | 7.83% | 47.12% | 0.03x | 5.63x | €-145.42 Million |
| 2023 | 5.92% | 39.26% | 0.03x | 5.45x | €-288.62 Million |
Industry Comparison
This section compares PROSPERITY BANCSHS's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PROSPERITY BANCSHS (PPY) | €7.36 Billion | 7.54% | 4.45x | $599.70K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |