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) 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.
Prosperity Bancshares (NYSE: PB) completed the merger of American Bank Holding Corporation into Prosperity, effective January 1, 2026. Under the merger agreement, Prosperity issued 4,439,981 shares of common stock to former shareholders and award holders of American.
American Bank, headquartered in Corpus Christi, operated 18 banking offices and 2 loan production offices in South and Central Texas including San Antonio, Austin, Victoria, Port Aransas, Rockport and a Houston loan production office. Operational integration is scheduled for September 2026, after which American Bank customers may use Prosperity Bank full-service centers.
Several American executives joined Prosperity leadership: Stephen Raffaele as South Texas and San Antonio Area Chairman, Ben Wallace as South Texas Senior Chairman, and Raffaele plus Patt Hawn Wallace joined the board of Prosperity Bank. Additional American Bank managers will retain leadership roles.
Prosperity Bancshares (NYSE: PB) will hold its Fourth Quarter 2025 earnings conference call on Wednesday, January 28, 2026 at 10:30 AM Central / 11:30 AM ET. Investors can listen via webcast at https://www.prosperitybankusa.com/Presentation-Webcasts-and-Calls or by phone at 1-877-883-0383 (domestic) or 1-412-902-6506 (international) using entry number 0259843. A replay will be archived at the company’s Investor Relations site.
As of September 30, 2025, Prosperity reported $38.330 billion in assets and operates 283 full-service branches across Texas and Oklahoma.
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.