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Prosperity Bancshares Is Buying Banks and Raising Dividends. Can It Afford Both?

Source: 247wallst.com

M&A & RestructuringCapital Returns (Dividends / Buybacks)Banking & LiquidityCompany Fundamentals
Prosperity Bancshares Is Buying Banks and Raising Dividends. Can It Afford Both?

Prosperity Bancshares closed three bank acquisitions in seven months and raised its dividend again. A first-quarter spike in loan losses, which management has not fully addressed, offsets the positive deal and capital-return news.

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