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Prosperity Bancshares PB Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$391.3M+25.9%
Net income$168.6M+24.7%
EPS (diluted)$1.67+17.6%

Balance sheet

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Cash & equivalents$1.7B+29.0%
Total debt$31.4M+5.4%
Total equity$8.3B+9.3%
Total assets$43.9B+14.2%

Cash flow

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Operating cash flow$162.4M+65.5%
CapEx$4.6M-28.7%
Free cash flow$157.9M+72.0%

Valuation

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Market cap$8.89B+42.4%
Enterprise value$7.24B+45.7%
P/E15.8×+3.9×
P/S6.4×+1.3×

Profitability

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Net margin40.4%-2.2pp
FCF margin42.4%

Returns & leverage

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Return on equity7.1%0.0pp
Debt / equity0.0×

Where this comes from

Reported directly by Prosperity Bancshares in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: Prosperity Bancshares’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:33 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338254
Line itemJune 30, 2026December 31, 2025
Core deposit intangibles, net105,58251,605
Bank premises and equipment, net428,478383,449
Other real estate owned11,29613,296
Bank owned life insurance (BOLI)448,853392,756
Federal Home Loan Bank of Dallas stock111,43086,950
Other assets155,706100,166
TOTAL ASSETS$43,872,511$38,463,425
LIABILITIES AND SHAREHOLDERS’ EQUITY

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Prosperity Bancshares's bank owned life insurance?
Prosperity Bancshares (PB) reported bank owned life insurance of $448.85M in Q2 2026.
How has Prosperity Bancshares's bank owned life insurance changed year-over-year?
Prosperity Bancshares's bank owned life insurance increased by 15.3% year-over-year, from $389.38M to $448.85M.
What is the long-term trend for Prosperity Bancshares's bank owned life insurance?
Over 5 years (2020 to 2025), Prosperity Bancshares's bank owned life insurance has grown at a 3.9% compound annual growth rate (CAGR), from $324.36M to $392.76M.
What does bank owned life insurance mean?
This represents the cash surrender value of life insurance policies purchased by the bank on the lives of its key employees. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit plans.

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