HOUSTON (AP) — HOUSTON (AP) — Prosperity Bancshares Inc. (PB) on Wednesday reported first-quarter profit of $110.4 million.

The bank, based in Houston, said it had earnings of $1.18 per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.

The financial holding company posted revenue of $420.8 million in the period. Its revenue net of interest expense was $277.1 million, which also beat Street forecasts. Six analysts surveyed by Zacks expected $274.9 million.

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