PROSPERITY BANCSHARES INC (PB) Prosperity Bancshares, Inc. serves as the holding company for Prosperity Bank, providing a comprehensive suite of financial solutions to both individual customers and corporate clients. The bank gathers various types of deposits, such as checking, savings, money market accounts, and certificates of deposit. Its lending portfolio is extensive, covering: Real Estate: Mortgages for residential properties (1-4 family), commercial real estate, multi-family dwellings, as well as construction, land development, and land acquisition loans. Business: Commercial and industrial (C&I) financing, agricultural loans (including those not backed by real estate), credit lines for working capital, business expansion, and equipment purchases. Consumer: Personal loans, financing for automobiles, recreational vehicles, boats, home improvements, home equity, durable goods, and loans secured by deposits. Beyond traditional banking, Prosperity Bank offers digital services like internet and mobile banking. It also delivers specialized solutions, including trust and wealth management, retail brokerage, mortgage services, and treasury management, alongside providing debit and credit cards. As of December 31, 2021, Prosperity Bancshares operated a substantial network of 273 full-service banking branches. These were distributed across: Texas: 65 in the Houston area (including The Woodlands), 30 in South Texas (including Corpus Christi and Victoria), 63 in the Dallas/Fort Worth region, 22 in East Texas, 29 in Central Texas (including Austin and San Antonio), 34 in West Texas (including Lubbock, Midland-Odessa, and Abilene), and 16 in the Bryan/College Station vicinity. Oklahoma: 6 in Central Oklahoma and 8 in the Tulsa metropolitan area, where the bank operates under the LegacyTexas Bank brand. Founded in 1983, Prosperity Bancshares, Inc. is headquartered in Houston, Texas.
Sector: State Commercial Banks
Industry: Banks - Regional
Prosperity Bancshares, Inc. NYSE:PB Financial Services · Banks - Regional
Mkt Cap $8.64B
Div Yield 3.34%
CLOSED · Nov 6 -0.14%$71.87 CLOSED · Nov 6 Prev close $71.97 -0.14%Close $71.87 0.00% AH close $71.87 VOL 676K $ Vol $48.62M RVOL 0.72x
Mkt Cap $8.64B
VOL 676K sh
$ Vol $48.62M
RVOL 0.72×
Div Yield 3.34%
Press Release ● Major ⚠ 4
PROSPERITY BANCSHARES, INC.® REPORTS THIRD QUARTER 2026 EARNINGS
Prosperity Bancshares reported Q3 2026 GAAP net income of $141.5 million ($1.18 diluted EPS), down from $1.45 a year ago, weighed down by $69.7 million of merger-related expenses and a $5.0 million tax settlement.
Excluding those items, adjusted net income was $200.8 million ($1.67 per share), with net interest income up 62% YoY to $443.0 million and NIM expanding 26 bps sequentially to 3.73%, driven by the three 2026 bank acquisitions (American, Southwest/Texas Partners, and Stellar).
The balance sheet transformed: total assets rose 41.1% YoY to $54.1 billion, loans +45.5% to $32.1 billion, and deposits +48.4% to $41.2 billion, while nonperforming assets stayed low at 0.41% of average earning assets.
The board raised the Q4 dividend 6.67% to $0.64 per share (23rd consecutive annual increase) and the company repurchased $31.8 million of stock in the quarter.
• 11d ago AI analysis › Press Release
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
Prosperity Bancshares' board declared a Q4 2026 quarterly dividend of $0.64 per share, up $0.04 or 6.67% from the prior quarter.
The dividend is payable January 4, 2027, to shareholders of record as of December 15, 2026.
The increase signals continued capital strength for the $43.9 billion-asset Texas and Oklahoma regional bank.
• 18d ago AI analysis › Press Release
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS THIRD QUARTER 2026 EARNINGS CONFERENCE CALL
Prosperity Bancshares announced it will release Q3 2026 earnings before market open on October 28, 2026, with a conference call at 11:30 AM ET the same day.
The release is purely logistical scheduling content; no financial results or guidance were disclosed.
Prosperity is a $43.873 billion Houston-based regional bank holding company operating 353 full-service branches across Texas and Oklahoma.
• 1mo ago AI analysis › Press Release ● Critical
PROSPERITY BANCSHARES, INC.® REPORTS SECOND QUARTER 2026 EARNINGS
Prosperity Bancshares reported Q2 2026 net income of $168.6 million, up 20.4% year-over-year, with diluted EPS rising 14.1% to $1.67.
The net interest margin expanded 29 basis points to 3.47%, driven by asset repricing and the impact of recent acquisitions.
The company completed the merger of Stellar Bancorp on July 1, 2026, adding approximately $10.4 billion in assets, and repurchased 200,000 shares during the quarter.
• 3mo ago AI analysis › Press Release
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
Prosperity Bancshares declared a quarterly common stock dividend of $0.60 per share for Q3 2026, payable October 1 to shareholders of record as of September 15.
The company is a $43.6 billion regional financial holding company based in Houston, operating 363 locations across Texas and Oklahoma under brands including American Bank, Texas Partners Bank, and Stellar Bank.
This routine declaration indicates continued operational stability but does not represent a material shift in capital allocation strategy.
• 3mo ago AI analysis › Press Release ● Critical ⚠ 1
PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH STELLAR BANCORP, INC.
Prosperity Bancshares completed its merger with Stellar Bancorp, issuing 0.3803 shares and paying $11.36 in cash for each Stellar share.
The acquisition adds 52 banking locations across Houston, Beaumont, East Texas, and Dallas, with full operational integration scheduled for March 2027.
Stellar leadership has transitioned to the combined organization, including CEO Robert R. Franklin, Jr. as Vice Chairman and President Ramon Vitulli as Houston Area Chairman.
• 4mo ago AI analysis › Press Release
Allison Transmission Holdings Set to Join S&P MidCap 400 and Goodyear Tire & Rubber to Join S&P SmallCap 600
Allison Transmission Holdings will join the S&P MidCap 400 effective prior to the open of trading on July 6, 2026, replacing Goodyear Tire & Rubber.
Goodyear will simultaneously move to the S&P SmallCap 600, replacing Stellar Bancorp, which is being removed due to its pending acquisition by Prosperity Bancshares expected to close July 1.
Index inclusion typically generates passive buying pressure from funds and ETFs that replicate the S&P MidCap 400, potentially increasing liquidity and institutional ownership of ALSN.
• 4mo ago AI analysis › Press Release
PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2026 EARNINGS CONFERENCE CALL
Prosperity Bancshares scheduled its second quarter 2026 earnings conference call for July 29, 2026, at 11:30 AM Eastern Time.
The call will follow the release of financial results before the market opens on the same day, featuring members of the executive management team.
A live webcast and replay will be accessible on the company's investor relations website.
• 4mo ago AI analysis › Press Release ● Major ⚠ 1
PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2026 EARNINGS
Prosperity Bancshares reported Q1 2026 GAAP net income of $116.3 million ($1.16 EPS), negatively impacted by $42.5 million in merger-related expenses. On an adjusted basis, excluding these charges, net income was $149.9 million ($1.50 EPS), driven by the completed acquisitions of American Bank Holding Corporation and Southwest Bancshares, Inc.
The bank experienced significant balance sheet expansion with loans increasing $3.354 billion and deposits rising $4.150 billion, primarily due to the mergers. Net interest margin improved 21 basis points sequentially to 3.51%, and the company repurchased approximately 837,000 shares for $57.1 million during the quarter.
Management also received all necessary regulatory approvals for the pending acquisition of Stellar Bancorp, Inc., valued at approximately $2.002 billion, with closing expected on July 1, 2026. The board declared a quarterly dividend of $0.60 per share, payable in July.
• 6mo ago AI analysis ›