Prosperity Bancshares Inc Stock Price, News & Analysis

Prosperity Bancshares (NYSE: PB) and American Bank Holding Corporation announced that American shareholders approved the proposed merger, with Prosperity to continue as the surviving corporation.

All required regulatory approvals have been received from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Texas Department of Banking. The companies said the transaction is expected to close on January 1, 2026, subject to satisfaction or waiver of remaining customary closing conditions in the merger agreement.

Prosperity Bancshares (NYSE: PB) reported Q3 2025 net income of $137.6 million and diluted EPS of $1.45. For the nine months ended September 30, 2025, net income was $402.9 million, up 15.4%, and diluted EPS was $4.23, up 14.9% year‑over‑year.

Key operating metrics: net interest margin rose 29 bps to 3.24% in Q3; deposits increased by $308.7 million during the quarter; total assets were $38.33 billion at September 30, 2025; nonperforming assets were 0.36% of quarterly average interest‑earning assets; allowance for credit losses was $377.3 million.

Corporate actions: Board raised the Q4 2025 dividend to $0.60 per share (3.45% increase) and announced a definitive merger agreement to acquire Southwest Bancshares and a pending acquisition of American Bank Holding.

Prosperity Bancshares (NYSE: PB) declared a quarterly common stock dividend of $0.60 per share for Q4 2025, payable January 2, 2026 to shareholders of record as of December 15, 2025. The dividend is an increase of $0.02 per share, or 3.45%, versus the prior quarter. As of June 30, 2025, Prosperity reported $38.417 billion in total assets and operates 283 full-service banking locations across Texas and Oklahoma.

Prosperity Bancshares (NYSE: PB) has announced a definitive merger agreement to acquire Southwest Bancshares and its subsidiary Texas Partners Bank in a stock deal valued at $268.9 million. The acquisition will significantly expand Prosperity's presence in Central Texas, particularly in the San Antonio and Hill Country areas.

Under the agreement, Prosperity will issue 4,062,520 shares of common stock for Southwest's outstanding shares. Texas Partners brings $2.4 billion in total assets, $1.9 billion in loans, and $2.1 billion in deposits, along with eleven banking offices across Central Texas. The transaction is expected to close in Q1 2026, subject to regulatory and shareholder approvals.

Prosperity Bancshares (NYSE: PB), a $38.417 billion Houston-based regional financial holding company, has scheduled its Third Quarter 2025 Earnings Conference Call for October 29, 2025, at 11:30 AM ET. The earnings announcement will be released before market opening on the same day.

As of June 30, 2025, Prosperity operates 283 full-service banking locations across Texas and Oklahoma, providing personal banking services, investments, digital banking solutions, and wealth management services. The bank maintains a strong presence with 62 locations in Houston and significant coverage across other major Texas markets including Dallas/Fort Worth, Austin, and San Antonio.

Prosperity Bancshares (NYSE:PB) reported strong Q2 2025 financial results with net income of $135.2 million, up 21.1% year-over-year. The bank achieved earnings per share of $1.42, a 21.4% increase from Q2 2024. Key performance metrics include a net interest margin increase of 24 basis points to 3.18% and loan growth of $219.8 million during Q2 2025.

The company announced a significant strategic move with the signing of a definitive merger agreement with American Bank Holding Corporation of Corpus Christi, Texas. American Bank brings $2.517 billion in total assets, $1.752 billion in loans, and $2.270 billion in deposits as of March 31, 2025, operating across 18 banking offices and 2 loan production offices in South and Central Texas.

Asset quality remains strong with nonperforming assets at 0.33% of average interest-earning assets, and the bank declared a Q3 2025 cash dividend of $0.58 per share.

Prosperity Bancshares (NYSE: PB) has announced a definitive merger agreement to acquire American Bank Holding Corporation in a stock-for-stock transaction valued at approximately $321.5 million. Under the agreement, Prosperity will issue 4,439,981 shares of common stock for all outstanding American Bank shares.

American Bank, headquartered in Corpus Christi, Texas, operates 18 banking offices and 2 loan production offices across South and Central Texas. As of March 31, 2025, American reported total assets of $2.5 billion, total loans of $1.8 billion, and total deposits of $2.3 billion.

The merger, expected to close in Q4 2025 or Q1 2026, will strengthen Prosperity's presence in South Texas and enhance its operations in Central Texas, including San Antonio. Key American Bank executives will join Prosperity's leadership team, with Stephen Raffaele becoming South Texas and San Antonio Area Chairman.

Prosperity Bancshares (NYSE: PB) has declared a quarterly common stock dividend of $0.58 per share for Q3 2025, payable on October 1, 2025, to shareholders of record as of September 15, 2025.

The Houston-based regional financial holding company, with assets of $38.765 billion as of March 31, 2025, operates 283 full-service banking locations across Texas and Oklahoma. The company provides personal banking services, investments, digital banking solutions, mortgage services, and wealth management to consumers and small to medium-sized businesses.

Prosperity Bancshares (NYSE: PB), a $38.765 billion Houston-based regional financial holding company, has scheduled its Second Quarter 2025 Earnings Conference Call for July 23, 2025, at 11:30 AM ET. The earnings announcement will be released before market opens on the same day.

The company operates 283 full-service banking locations across Texas and Oklahoma, providing personal banking services, investments, digital banking solutions, and wealth management services. Founded in 1983, Prosperity serves consumers and small to medium-sized businesses throughout these regions, with a significant presence including 62 locations in the Houston area and 61 in the Dallas/Fort Worth area.