Prosperity Bancshares, Inc. (NYSE:PB) Q3 2024 Earnings Conference Call October 23, 2024 11:30 AM ET

Company Participants

Charlotte Rasche - Executive Vice President and General Counsel
David Zalman - Senior Chairman and Chief Executive Officer
Tim Timanus - Chairman
Asylbek Osmonov - Chief Financial Officer
Edward Safady - Vice Chairman
Kevin Hanigan - President and Chief Operating Officer
Randy Hester - Chief Lending Officer
Mays Davenport - Director of Corporate Strategy
Bob Dowdell - Executive Vice President

Conference Call Participants

Manan Gosalia - Morgan Stanley
Catherine Mealor - KBW
Ebrahim Poonawala - Bank of America
Matt Oney - Stevens
Peter Winter - D.A. Davidson

Operator

Good morning, and welcome to the Prosperity Bancshares' Third 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 third 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; Randy Hester, Chief Lending Officer; Mays Davenport, Director of Corporate Strategy; and Bob Dowdell, Executive Vice President.

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 questions.

Before we begin, let me make the usual disclaimers. Certain of the matters discussed in this presentation may constitute forward-looking statements for purposes of the federal securities laws and as such, may involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of Prosperity Bancshares to be materially different from future results or performance expressed or implied by such forward-looking statements.

Additional information concerning factors that could cause actual results to be materially different than those in the forward-looking statements can be found in Prosperity Bancshares filings with the Securities and Exchange Commission including Forms 10-Q and 10-K and other reports and statements we have filed. All forward-looking statements are expressly qualified in their entirety by these cautionary statements.