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), 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.
Prosperity Bancshares (NYSE: PB) reported strong Q1 2025 financial results with net income of $130.2 million, up 17.9% from Q1 2024. Earnings per share increased 16.1% to $1.37 compared to $1.18 in Q1 2024.
Key highlights include:
- Net interest margin rose 35 basis points to 3.14%
- Noninterest-bearing deposits reached $9.7 billion (34.5% of total deposits)
- Borrowings decreased by $500 million
- Nonperforming assets remained low at 0.24% of average interest-earning assets
- Return on average assets was 1.34%
The bank maintained strong asset quality with an allowance for credit losses of $386.7 million. Total assets stood at $38.765 billion, with loans at $21.978 billion and deposits at $28.027 billion as of March 31, 2025.
Prosperity Bancshares (NYSE: PB) has declared a quarterly common stock dividend of $0.58 per share for Q2 2025, payable July 1, 2025, to shareholders of record as of June 13, 2025.
The Houston-based regional financial holding company, valued at $39.567 billion as of December 31, 2024, operates 284 full-service banking locations across Texas and Oklahoma. The bank provides personal banking services, investments, digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management to consumers and small to medium-sized businesses.
The company's branch network includes:
- 65 locations in Houston area
- 62 in Dallas/Fort Worth area
- 31 in Central Texas
- 45 in West Texas
- 14 locations across Oklahoma
Prosperity Bancshares (NYSE: PB) has announced its First Quarter 2025 Earnings Conference Call, scheduled for April 23, 2025, at 11:30 AM Eastern Time. The earnings announcement will be released before market opens on the same day.
The company, as of December 31, 2024, is a $39.567 billion Houston-based regional financial holding company operating across Texas and Oklahoma. Prosperity maintains 284 full-service banking locations spread across various regions, including 65 in Houston, 62 in Dallas/Fort Worth, and multiple other locations throughout Texas and Oklahoma.
The bank offers comprehensive financial services including traditional deposit and loan products, digital banking solutions, credit and debit cards, mortgage services, treasury management, and wealth management services.
Prosperity Bancshares (NYSE: PB) reported strong Q4 2024 financial results with net income of $130.1 million, a 36.2% increase from Q4 2023. Earnings per diluted share reached $1.37, up 34.3% year-over-year. The bank's performance showed notable improvements with net interest margin increasing to 3.05%, up 30 basis points from Q4 2023.
Key highlights include noninterest-bearing deposits of $9.8 billion (34.5% of total deposits), a $700 million decrease in borrowings during Q4, and low nonperforming assets at 0.23% of average interest-earning assets. The bank maintained strong capital ratios with return on average assets of 1.31%, return on average common equity of 7.00%, and return on average tangible common equity of 13.50%.
The board approved a 2025 Stock Repurchase Program covering up to 5% of outstanding common stock. Additionally, the bank completed the merger with Lone Star State Bancshares on April 1, 2024, expanding its presence in West Texas with 5 new banking offices.
Prosperity Bancshares (NYSE: PB) has declared a quarterly common stock dividend of $0.58 per share for the first quarter of 2025. The dividend will be payable on April 1, 2025, to shareholders of record as of March 14, 2025.
The company, based in Houston, Texas, is a $40.115 billion regional financial holding company providing personal banking services and investments to consumers and small to medium sized businesses throughout Texas and Oklahoma. Founded in 1983, Prosperity operates 285 full-service banking locations across Texas and Oklahoma, offering traditional deposit and loan products, digital banking solutions, credit and debit cards, mortgage services, retail brokerage services, trust and wealth management, and treasury management.