Prosperity Bancshares, Inc.
Prosperity Bancshares, Inc. (NYSE: PB) is trading at $68.12, about ₹6,540 at today's USD/INR rate, as of 25 Sep 2026, 2:07 PM ET, up 1.21% today. Indian residents can buy Prosperity Bancshares from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$67.40
Today's high
$68.23
52 week low
$61.07
52 week high
$77.20
PB opened at $67.60, closed previously at $67.30, and has traded between $61.07 and $77.20 over the past 52 weeks.
About
Prosperity Bancshares, Inc. serves as the holding company for Prosperity Bank, providing a comprehensive suite of financial solutions to both individual customers and corporate clients. The bank gathers various types of deposits, such as checking, savings, money market accounts, and certificates of deposit. Its lending portfolio is extensive, covering: Real Estate: Mortgages for residential properties (1-4 family), commercial real estate, multi-family dwellings, as well as construction, land development, and land acquisition loans. Business: Commercial and industrial (C&I) financing, agricultural loans (including those not backed by real estate), credit lines for working capital, business expansion, and equipment purchases. Consumer: Personal loans, financing for automobiles, recreational vehicles, boats, home improvements, home equity, durable goods, and loans secured by deposits. Beyond traditional banking, Prosperity Bank offers digital services like internet and mobile banking. It also delivers specialized solutions, including trust and wealth management, retail brokerage, mortgage services, and treasury management, alongside providing debit and credit cards. As of December 31, 2021, Prosperity Bancshares operated a substantial network of 273 full-service banking branches. These were distributed across: Texas: 65 in the Houston area (including The Woodlands), 30 in South Texas (including Corpus Christi and Victoria), 63 in the Dallas/Fort Worth region, 22 in East Texas, 29 in Central Texas (including Austin and San Antonio), 34 in West Texas (including Lubbock, Midland-Odessa, and Abilene), and 16 in the Bryan/College Station vicinity. Oklahoma: 6 in Central Oklahoma and 8 in the Tulsa metropolitan area, where the bank operates under the LegacyTexas Bank brand. Founded in 1983, Prosperity Bancshares, Inc. is headquartered in Houston, Texas.
Key statistics
Avg. volume
1.08M
Market cap
$8.19B
P/E Ratio
11.81
Price-to-sales ratio
4.60
Enterprise value
$9.17B
Free cash flow yield
7.35%
Debt-to-equity ratio
0.32
Return on equity
7.08%
ROIC
1.28%
Beta
0.64
Dividend yield
3.52%
Last dividend
$2.40
Financial overview
Revenue
$1.74B
Earnings per share
$5.72
Free cash flow
$516.98M
Net profit margin
31.61%
Gross margin
72.69%
EBITDA
$849.15M
Revenue growth
-0.23%
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This is not an investment recommendation
How to buy Prosperity Bancshares from India
Indian residents can buy Prosperity Bancshares shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Prosperity Bancshares and place an order
Find Prosperity Bancshares by name or by its ticker, PB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Prosperity Bancshares trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Prosperity Bancshares position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Prosperity Bancshares from India
Trading and taxes when buying Prosperity Bancshares from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Prosperity Bancshares’ current yield is 3.52%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Prosperity Bancshares stock?
Yes. Prosperity Bancshares (PB) has been listed on the New York Stock Exchange since 1998, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Prosperity Bancshares share cost in rupees?
One Prosperity Bancshares share is $68.12 — about ₹6,540 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Prosperity Bancshares price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Prosperity Bancshares from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Prosperity Bancshares?
Yes. One Prosperity Bancshares share is $68.12, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Prosperity Bancshares.
How are gains on Prosperity Bancshares shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Prosperity Bancshares price. Paasa issues a capital-gains statement for your return.
Does Prosperity Bancshares pay a dividend, and how is it taxed in India?
Yes. Prosperity Bancshares pays a dividend and the current yield is 3.52%; the last declared dividend was $2.40 per share, about ₹230.45. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Prosperity Bancshares from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Prosperity Bancshares shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Prosperity Bancshares shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Prosperity Bancshares holding, its cost and its closing value.
How do I sell Prosperity Bancshares and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.