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Side-by-side financial comparison of PROSPERITY BANCSHARES INC (PB) and SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH). Click either name above to swap in a different company.

PROSPERITY BANCSHARES INC is the larger business by last-quarter revenue ($367.6M vs $331.3M, roughly 1.1× SPORTSMAN'S WAREHOUSE HOLDINGS, INC.). PROSPERITY BANCSHARES INC runs the higher net margin — 31.6% vs 0.0%, a 31.6% gap on every dollar of revenue. Over the past eight quarters, PROSPERITY BANCSHARES INC's revenue compounded faster (19.2% CAGR vs -5.4%).

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odess...

Sportsman's Warehouse is an American outdoor sporting goods retailer which operates in 29 states across the United States. Sportsman's Warehouse sells apparel, footwear, and gear which caters to sportsmen and sportswomen with interests in hunting, shooting, reloading, camping, fishing, and other outdoor recreational activities.

PB vs SPWH — Head-to-Head

Bigger by revenue
PB
PB
1.1× larger
PB
$367.6M
$331.3M
SPWH
Higher net margin
PB
PB
31.6% more per $
PB
31.6%
0.0%
SPWH
Faster 2-yr revenue CAGR
PB
PB
Annualised
PB
19.2%
-5.4%
SPWH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
PB
PB
SPWH
SPWH
Revenue
$367.6M
$331.3M
Net Profit
$116.3M
$8.0K
Gross Margin
32.8%
Operating Margin
1.3%
Net Margin
31.6%
0.0%
Revenue YoY
2.2%
Net Profit YoY
-10.7%
-97.8%
EPS (diluted)
$1.16
$0.00

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PB
PB
SPWH
SPWH
Q1 26
$367.6M
Q4 25
$275.0M
$331.3M
Q3 25
$273.4M
$293.9M
Q2 25
$267.7M
$249.1M
Q1 25
$265.4M
$340.4M
Q4 24
$267.8M
$324.3M
Q3 24
$261.7M
$288.7M
Q2 24
$258.8M
$244.2M
Net Profit
PB
PB
SPWH
SPWH
Q1 26
$116.3M
Q4 25
$139.9M
$8.0K
Q3 25
$137.6M
$-7.1M
Q2 25
$135.2M
$-21.3M
Q1 25
$130.2M
$-8.7M
Q4 24
$130.1M
$-364.0K
Q3 24
$127.3M
$-5.9M
Q2 24
$111.6M
$-18.1M
Gross Margin
PB
PB
SPWH
SPWH
Q1 26
Q4 25
32.8%
Q3 25
32.0%
Q2 25
30.4%
Q1 25
30.4%
Q4 24
31.8%
Q3 24
31.2%
Q2 24
30.2%
Operating Margin
PB
PB
SPWH
SPWH
Q1 26
Q4 25
65.1%
1.3%
Q3 25
64.4%
-1.1%
Q2 25
64.3%
-7.9%
Q1 25
62.7%
1.1%
Q4 24
62.0%
1.0%
Q3 24
62.1%
-1.5%
Q2 24
55.2%
-8.4%
Net Margin
PB
PB
SPWH
SPWH
Q1 26
31.6%
Q4 25
50.9%
0.0%
Q3 25
50.3%
-2.4%
Q2 25
50.5%
-8.5%
Q1 25
49.1%
-2.6%
Q4 24
48.6%
-0.1%
Q3 24
48.6%
-2.0%
Q2 24
43.1%
-7.4%
EPS (diluted)
PB
PB
SPWH
SPWH
Q1 26
$1.16
Q4 25
$1.48
$0.00
Q3 25
$1.45
$-0.18
Q2 25
$1.42
$-0.56
Q1 25
$1.37
$-0.22
Q4 24
$1.36
$-0.01
Q3 24
$1.34
$-0.16
Q2 24
$1.17
$-0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PB
PB
SPWH
SPWH
Cash + ST InvestmentsLiquidity on hand
$2.2M
Total DebtLower is stronger
$44.0M
Stockholders' EquityBook value
$8.2B
$209.5M
Total Assets
$43.6B
$913.9M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PB
PB
SPWH
SPWH
Q1 26
Q4 25
$2.2M
Q3 25
$1.8M
Q2 25
$3.6M
Q1 25
$2.8M
Q4 24
$2.7M
Q3 24
$2.6M
Q2 24
$2.2M
Total Debt
PB
PB
SPWH
SPWH
Q1 26
Q4 25
$44.0M
Q3 25
$43.9M
Q2 25
$24.1M
Q1 25
$24.1M
Q4 24
$24.0M
Q3 24
$24.0M
Q2 24
Stockholders' Equity
PB
PB
SPWH
SPWH
Q1 26
$8.2B
Q4 25
$7.6B
$209.5M
Q3 25
$7.7B
$208.9M
Q2 25
$7.6B
$215.1M
Q1 25
$7.5B
$235.7M
Q4 24
$7.4B
$243.6M
Q3 24
$7.4B
$243.0M
Q2 24
$7.3B
$247.5M
Total Assets
PB
PB
SPWH
SPWH
Q1 26
$43.6B
Q4 25
$38.5B
$913.9M
Q3 25
$38.3B
$948.9M
Q2 25
$38.4B
$929.7M
Q1 25
$38.8B
$852.1M
Q4 24
$39.6B
$967.7M
Q3 24
$40.1B
$901.9M
Q2 24
$39.8B
$930.4M
Debt / Equity
PB
PB
SPWH
SPWH
Q1 26
Q4 25
0.21×
Q3 25
0.21×
Q2 25
0.11×
Q1 25
0.10×
Q4 24
0.10×
Q3 24
0.10×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PB
PB
SPWH
SPWH
Operating Cash FlowLast quarter
$16.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
2.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
2038.00×
TTM Free Cash FlowTrailing 4 quarters
$-39.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PB
PB
SPWH
SPWH
Q1 26
Q4 25
$78.3M
$16.3M
Q3 25
$194.8M
$-26.6M
Q2 25
$98.2M
$-60.2M
Q1 25
$178.2M
$52.8M
Q4 24
$-205.8M
$-2.5M
Q3 24
$274.6M
$18.5M
Q2 24
$216.5M
$-34.6M
Free Cash Flow
PB
PB
SPWH
SPWH
Q1 26
Q4 25
$68.5M
$8.7M
Q3 25
$185.7M
$-33.9M
Q2 25
$91.8M
$-64.0M
Q1 25
$171.1M
$49.6M
Q4 24
$-210.7M
$-6.2M
Q3 24
$270.2M
$14.1M
Q2 24
$211.8M
$-38.0M
FCF Margin
PB
PB
SPWH
SPWH
Q1 26
Q4 25
24.9%
2.6%
Q3 25
67.9%
-11.5%
Q2 25
34.3%
-25.7%
Q1 25
64.5%
14.6%
Q4 24
-78.7%
-1.9%
Q3 24
103.3%
4.9%
Q2 24
81.8%
-15.5%
Capex Intensity
PB
PB
SPWH
SPWH
Q1 26
Q4 25
3.6%
2.3%
Q3 25
3.3%
2.5%
Q2 25
2.4%
1.5%
Q1 25
2.7%
1.0%
Q4 24
1.8%
1.1%
Q3 24
1.7%
1.5%
Q2 24
1.8%
1.4%
Cash Conversion
PB
PB
SPWH
SPWH
Q1 26
Q4 25
0.56×
2038.00×
Q3 25
1.42×
Q2 25
0.73×
Q1 25
1.37×
Q4 24
-1.58×
Q3 24
2.16×
Q2 24
1.94×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PB
PB

Net Interest Income$321.1M87%
Noninterest Income$46.5M13%

SPWH
SPWH

Segment breakdown not available.

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