Prosperity Bancshares, Inc. (PRSP) reported third quarter net income of $29.32 million or $0.63 per share, compared to $15.45 million or $0.33 per share last year.
On average, 15 analysts polled by Thomson Reuters expected the company to report earnings of $0.61 per share. Analysts' estimates typically exclude special items.
Net interest income rose to $77.41 million from $57.8 million in the prior year quarter. Total non-interest income increased to $15.24 million from $13.12 million in the same period a year earlier. Five analysts estimated revenues of $91.85 million.
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