Welcome to our dedicated page for Prosperity Bancshares news (Ticker: PB), a resource for investors and traders seeking the latest updates and insights on Prosperity Bancshares stock.
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 (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.
Prosperity Bancshares (NYSE: PB) has received all regulatory approvals required to complete its previously announced acquisition of Stellar Bancorp (NYSE: STEL).
The Federal Reserve Bank of Dallas granted a waiver for the holding company merger, and the FDIC and Texas Department of Banking approved the bank merger. Stellar shareholder vote is scheduled for May 27, 2026, and closing is expected on or about July 1, 2026, subject to shareholder approval and customary closing conditions.
Prosperity Bancshares (NYSE: PB) will host its First Quarter 2026 earnings conference call on Wednesday, April 29, 2026 at 11:30 AM ET (10:30 AM CT). The live webcast and dial-in details are provided, and a replay will be archived for on-demand access.
As of December 31, 2025, Prosperity reported $38.463 billion in assets and operates 312 full-service banking locations across Texas and Oklahoma.
Prosperity Bancshares (NYSE: PB) completed the merger with Southwest Bancshares effective February 1, 2026. Under the agreement, Prosperity issued 4,095,397 shares of Prosperity common stock to former Southwest shareholders.
Texas Partners Bank, with 11 banking offices in San Antonio, Austin and the Hill Country, will operate under its existing name until operational integration scheduled for November 2026. Several Texas Partners and Southwest leaders will join Prosperity Bank leadership and its board.
Prosperity Bancshares (NYSE: PB) reported Q4 2025 net income $139.9M and FY2025 net income $542.8M (+13.2% YoY), with diluted EPS $1.49 Q4 and $5.72 FY (+13.3% YoY).
Key operating metrics: net interest margin 3.30% (+25 bps YoY), deposits up $700.4M in Q4 (10.1% annualized), completed the American Bank merger (Jan 1, 2026) and agreed to acquire Stellar Bancorp (~$2.00B consideration).
Prosperity Bancshares (NYSE: PB) agreed to acquire Stellar Bancorp (NYSE: STEL) in a definitive merger to combine Houston-area banking franchises.
Under the deal, Prosperity will issue 0.3803 shares plus $11.36 cash for each Stellar share, valuing the transaction at approximately $2.002 billion based on PB's Jan. 27, 2026 close. Stellar reported $10.807B assets, $7.301B loans and $9.021B deposits as of Dec. 31, 2025. The merger, unanimously approved by both boards, is expected to close in Q2 2026, subject to required regulatory and Stellar shareholder approvals.
Prosperity Bancshares (NYSE: PB) announced that its Board authorized a stock repurchase program allowing the company to buy up to 5% of outstanding common stock, approximately 4.87 million shares, over a one-year period ending January 26, 2027. Repurchases may be made in open-market transactions, under Rule 10b5-1 trading plans, or outside Rule 10b-18 during certain transactions. The company said timing and amounts will depend on price, regulatory and corporate requirements, market conditions, and liquidity priorities, and that the program can be suspended or terminated at any time. Any repurchased shares will be held as authorized but unissued shares.
Company profile: As of September 30, 2025, Prosperity Bancshares reported $38.330 billion in assets and operates 301 full-service banking locations across Texas and Oklahoma.
Prosperity Bancshares (NYSE: PB) and Southwest Bancshares announced that Southwest shareholders approved the proposed merger of Southwest into Prosperity, with Prosperity as the surviving corporation and a subsequent merger of Texas Partners into Prosperity Bank.
The Board of Governors of the Federal Reserve, the FDIC and the Texas Department of Banking have each approved the transaction. All required regulatory and shareholder approvals have been received and the transaction is expected to close on February 1, 2026, subject to satisfaction or waiver of remaining customary closing conditions in the merger agreement.
Prosperity Bancshares (NYSE: PB) declared a quarterly common stock dividend of $0.60 per share for Q1 2026. The dividend is payable April 1, 2026 to shareholders of record as of March 13, 2026. As of September 30, 2025, the company reported $38.330 billion in assets and operates 301 full-service banking locations across Texas and Oklahoma.
The company offers deposit, loan, digital banking, mortgage, brokerage, trust, wealth and treasury services and emphasizes a community banking philosophy.