Prosperity Bancshares Inc. reports regional banking developments through Prosperity Bank, providing personal, business, mortgage and other banking services to consumers and businesses across Texas and Oklahoma. Company news centers on earnings releases, net interest income trends, loan and deposit growth, credit-loss allowances and capital actions such as common-stock repurchases.
Recurring updates also cover completed bank acquisitions and operating integration following the mergers of American Bank Holding Corporation and Southwest Bancshares, including the addition of American Bank and Texas Partners Bank locations to Prosperity's banking footprint. Governance and shareholder-vote matters appear alongside financial results and material corporate events.
Prosperity Bancshares (PB) reported third-quarter 2026 net income of $141.5 million, while diluted earnings per share declined from a year earlier. Diluted EPS was $1.18 versus $1.45; net income compared with $137.6 million. Excluding merger expenses and other non-recurring items, adjusted net income was $200.8 million, or $1.67 per diluted share.
The Stellar merger closed July 1, 2026. Net interest income rose 62.0% year over year to $443.0 million, and tax-equivalent net interest margin reached 3.73%, versus 3.24%. Noninterest expense increased to $308.6 million from $138.6 million, including $69.7 million of merger expenses. Deposits reached $41.231 billion and loans $32.060 billion, primarily reflecting acquisitions. Nonperforming assets increased to $193.9 million from $119.6 million a year earlier. The board raised the fourth-quarter dividend 6.67% to $0.64 per share.
Prosperity Bancshares (NYSE: PB) declared a quarterly common stock dividend of $0.64 per share, payable January 4, 2027.
The fourth-quarter 2026 dividend increases the payout by $0.04 per share, or 6.67%, from the prior quarter. Shareholders of record as of December 15, 2026, are eligible for the payment.
Prosperity Bancshares (PB) will hold its third-quarter 2026 earnings conference call on October 28, 2026, with members of its executive management team. The earnings announcement is scheduled before the market opens that day. The call begins at 11:30 AM Eastern Time (10:30 AM Central Time) and will be available by webcast or telephone. A replay will be archived on the company's website.
Prosperity Bancshares (NYSE: PB) reported second quarter 2026 net income of $168.6 million, or $1.67 per diluted share, up from $135.2 million and $1.42 a year earlier. Excluding a net gain on Visa Class B-2 stock exchange and securities sales and merger expenses, adjusted net income was $162.7 million and EPS was $1.62, increases of 20.4% and 14.1%, respectively.
Net interest income rose 23.5% year over year to $330.6 million, with net interest margin expanding 29 basis points to 3.47%. Noninterest income grew 41.2% to $60.7 million, aided by an $8.2 million Visa-related gain. Noninterest expense increased to $176.2 million, reflecting American and Southwest merger integration.
Total assets reached $43.9 billion at June 30, 2026, up 14.2% year over year, while loans increased 12.8% to $25.0 billion and deposits 18.7% to $32.6 billion. Nonperforming assets were 0.34% of average interest-earning assets, and the allowance for credit losses on loans was $382.8 million, or 1.53% of total loans. Prosperity completed the Stellar Bancorp merger on July 1, 2026, which management said brings pro forma assets to over $53 billion. The company repurchased 200,000 shares in the quarter and 1.0 million shares year-to-date.
Prosperity Bancshares (NYSE: PB) declared a quarterly common stock dividend of $0.60 per share for the third quarter of 2026. The dividend is payable on October 1, 2026 to shareholders of record on September 15, 2026. As of March 31, 2026, the Houston-based regional financial holding company reported $43.619 billion in assets and operates 363 full-service banking locations across Texas and Oklahoma under several banking brands.
Prosperity (NYSE: PB) completed its merger with Stellar Bancorp effective July 1, 2026, including the merger of Stellar Bank into Prosperity Bank. Each Stellar share receives 0.3803 Prosperity shares plus $11.36 cash. Key Stellar executives join Prosperity leadership and boards, and 52 Stellar banking offices in Texas are added. Stellar Bank branches keep their name until operational integration, scheduled for March 2027, after which Stellar customers can use any Prosperity Bank full-service center.
Goodyear Tire & Rubber (NASD: GT) will move from the S&P MidCap 400 to the S&P SmallCap 600 effective before trading on July 6, 2026. Allison Transmission will join the MidCap 400, and Stellar Bancorp will be removed from the SmallCap 600 following its acquisition by Prosperity Bancshares.
Prosperity Bancshares (NYSE: PB) will host its Q2 2026 earnings conference call on Wednesday, July 29, 2026, at 11:30 AM ET (10:30 AM CT). Investors can join via webcast or phone and access an archived replay online.
According to Prosperity Bancshares, the Houston-based regional financial holding company had $43.619 billion in assets as of March 31, 2026 and operates 311 full-service banking locations across Texas and Oklahoma.
Prosperity Bancshares (NYSE: PB) reported first-quarter 2026 net income of $116.3 million and diluted EPS of $1.16. Excluding $42.5 million of merger-related expenses, net income was $149.9 million and EPS was $1.50. Total assets were $43.619 billion, loans excluding Warehouse Purchase Program grew 16.4%, deposits rose 14.6%, and net interest margin was 3.51%. The company completed mergers with American (Jan 1, 2026) and Southwest (Feb 1, 2026), received regulatory approvals for Stellar (expected close July 1, 2026), declared a $0.60 quarterly dividend and repurchased ~837,000 shares for $57.1 million.
Prosperity Bancshares (NYSE: PB) declared a quarterly common stock dividend of $0.60 per share for Q2 2026. The dividend is payable July 1, 2026 to shareholders of record as of June 15, 2026. Prosperity operates 312 full-service banking locations and reported total assets of $38.463 billion as of December 31, 2025.