HOUSTON (AP) _ Prosperity Bancshares Inc. (PB) on Wednesday reported fourth-quarter earnings of $137.1 million.

The bank, based in Houston, said it had earnings of $1.48 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.

The financial holding company posted revenue of $315.2 million in the period. Its revenue net of interest expense was $294.2 million, also topping Street forecasts. Five analysts surveyed by Zacks expected $283.8 million.

For the year, the company reported profit of $528.9 million, or $5.68 per share. Revenue was reported as $1.16 billion.

Prosperity Bancshares shares have decreased slightly more than 1% since the beginning of the year. The stock has risen 1.5% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PB at https://www.zacks.com/ap/PB

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