Prosperity Bancshares Inc.
Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts; and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans; construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides digital banking, internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, and debit and credit cards services. The company was incorporated in 1983 and is headquartered in Houston, Texas.
Stock Performance (90 Days)
Layoff History
Earnings Call Transcripts
View All →Prosperity Bancshares Inc. (PB) announced on January 28, 2026, a definitive Agreement and Plan of Merger with Stellar Bancorp, Inc. Under the agreement, Stellar will merge into Prosperity, with Prosperity Bank as the surviving entity, marking a significant strategic consolidation. Specific Q1 2026 earnings figures are not available in this merger announcement.
Prosperity Bancshares Inc. (PB) announced a definitive merger agreement to acquire Southwest Bancshares, Inc., expanding its footprint and aiming to close the transaction in Q1 2026. This strategic move, involving an aggregate of 4,062,520 shares of PB common stock for Southwest, signals significant growth ambitions. The company is also progressing with its previously announced acquisition of American Bank Holding Corporation.
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