Prosperity Bancshares, Inc. (PB) Q4 2024 Earnings Call Transcript

Prosperity Bancshares, Inc. (NYSE:PB) Q4 2024 Earnings Conference Call January 29, 2025 11:30 AM ET

Company Participants

Charlotte Rasche – EVP & General Counsel
David Zalman – Senior Chairman & CEO
Asylbek Osmonov – CFO
Tim Timanus – Chairman
Kevin Hanigan – President & COO
Edward Safady – Vice Chairman

Conference Call Participants

Manan Gosalia – Morgan Stanley
Jon Arfstrom – RBC Capital Markets
Catherine Mealor – KBW
Peter Winter – D.A. Davidson
Matt Oney – Stevens
Jonathan Rau – Barclays Bank
Bill Carcache – Wolfe Research

Operator

Good morning, and welcome to the Prosperity Bancshares Fourth Quarter 2024 Earnings Conference Call. All participants will be in 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 2024 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; Mays Davenport, Director of Corporate Strategy; and Bob Dowdell, Executive Vice President. Randy Hester, our Chief Lending Officer, is 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 the call for

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