Prosperity Bancshares, Inc. (PB) Q4 2023 Earnings Call Transcript


Prosperity Bancshares, Inc. (NYSE:PB) Q4 2023 Results Conference Call January 24, 2024 11:30 AM ET

Company Participants

Charlotte Rasche – Executive Vice President and General Counsel
David Zalman – Senior Chairman and Chief Executive Officer
Asylbek Osmonov – Chief Financial Officer
Tim Timanus – Chairman
Kevin Hanigan – President and Chief Operating Officer

Conference Call Participants

Dave Rochester – Compass Point
Brett Rabatin – Hovde Group
Michael Rose – Raymond James
Brandon King – Truist Securities
Stephen Scouten – Piper Sandler
Manan Gosalia – Morgan Stanley
Jon Arfstrom – RBC Capital Markets
Brady Gailey – KBW
Ben Gerlinger – Citi
Brody Preston – UBS

Operator

Good day, and welcome to the Prosperity Bancshares Fourth Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today’s presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Charlotte Rasche. Please go ahead.

Charlotte Rasche

Thank you. Good morning, ladies and gentlemen, and welcome to Prosperity Bancshares fourth quarter 2023 earnings conference call. This call is being broadcast live on our website and will be available for replay for the next few weeks.

I’m Charlotte Rasche, Executive Vice President and General Counsel of Prosperity Bancshares, and here with me today is David Zalman, Senior Chairman and Chief Executive Officer; H. E. Tim Timanus, Jr, Chairman; Asylbek Osmonov, Chief Financial Officer; Eddie Safady, Vice Chairman; Kevin Hanigan, President and Chief Operating Officer; Randy Hester, Chief Lending Officer; Merle Karnes, Chief Credit Officer; and Bob Dowdell, Executive Vice President. Mays Davenport, our Director of Corporate Strategy is ill and unable to join us today. 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



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