Earnings summaries and quarterly performance for PROSPERITY BANCSHARES.
Executive leadership at PROSPERITY BANCSHARES.
David Zalman
Senior Chairman and Chief Executive Officer
Asylbek Osmonov
Chief Financial Officer
Charlotte M. Rasche
Executive Vice President and General Counsel
Edward Z. Safady
Vice Chairman
H. E. Timanus, Jr.
Chairman of the Board
J. Mays Davenport
Executive Vice President and Director of Corporate Strategy
Kevin J. Hanigan
President and Chief Operating Officer
Randy Hester
Executive Vice President and Chief Lending Officer
Robert J. Dowdell
Executive Vice President
Board of directors at PROSPERITY BANCSHARES.
Harrison Stafford II
Director
Ileana Blanco
Director
Jack Lord
Director
James A. Bouligny
Presiding Director
Laura Murillo
Director
Leah Henderson
Director
Ned S. Holmes
Director
Perry Mueller, Jr.
Director
Robert Steelhammer
Director
W. R. Collier
Director
William T. Luedke IV
Director
Research analysts who have asked questions during PROSPERITY BANCSHARES earnings calls.
Catherine Mealor
Keefe, Bruyette & Woods
7 questions for PB
Manan Gosalia
Morgan Stanley
7 questions for PB
Peter Winter
D.A. Davidson
7 questions for PB
Jon Arfstrom
RBC Capital Markets
6 questions for PB
Michael Rose
Raymond James Financial, Inc.
5 questions for PB
Eric Dray
Bank of America
4 questions for PB
Stephen Scouten
Piper Sandler & Co.
4 questions for PB
Ebrahim Poonawala
Bank of America Securities
2 questions for PB
Matt Olney
Stephens Inc.
2 questions for PB
Bill Carcache
Wolfe Research, LLC
1 question for PB
Jonathan Rau
Barclays
1 question for PB
Recent press releases and 8-K filings for PB.
- American Bank Holding Corporation shareholders have approved the previously announced merger with Prosperity Bancshares, Inc..
- All required regulatory approvals from the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Texas Department of Banking have been received.
- The transaction is expected to be completed on January 1, 2026, subject to the satisfaction or waiver of remaining customary closing conditions.
- As of September 30, 2025, Prosperity Bancshares, Inc. had $38.330 billion in assets, and American Bank Holding Corporation had assets of more than $2.5 billion.
- Prosperity Bancshares reported net income of $137.6 million and diluted earnings per share of $1.45 for the third quarter of 2025, marking an 8.2% increase in EPS compared to Q3 2024.
- As of September 30, 2025, the company maintained a strong financial position with assets of $38.3 billion, total loans of $22.0 billion, and deposits of $27.8 billion.
- The net interest margin for Q3 2025 increased by 29 basis points to 3.24% compared to Q3 2024, and the company announced a 3.5% increase in its cash dividend to $0.60 per share for the fourth quarter of 2025.
- Prosperity Bancshares is actively engaged in strategic growth, having announced a definitive merger agreement with Southwest Bancshares, Inc. and a pending acquisition of American Bank Holding Corporation.
- Prosperity Bancshares reported net income of $137.6 million and diluted EPS of $1.45 for Q3 2025, an 8.2% increase in EPS compared to Q3 2024, with the net interest margin (tax-equivalent) improving to 3.24%.
- The Board of Directors approved increasing the Q4 2025 dividend to $0.60 per share from $0.58 per share, and the company plans to be aggressive with share buybacks due to perceived undervaluation.
- The company signed a definitive merger agreement with Southwest Bancshares, Inc. and received regulatory approval for its pending merger with American Bank Holding Corporation. Loans outstanding were approximately $22.028 billion and deposits reached $27.7 billion at September 30, 2025. Non-performing assets increased slightly to $119.6 million or 54 basis points of loans and other real estate. Loan growth is expected to be flat for Q4 2025, with low single-digit organic growth projected for next year, supplemented by acquisitions.
- Prosperity Bancshares reported net income of $137.6 million and diluted earnings per share of $1.45 for the third quarter ended September 30, 2025, compared to $127.3 million and $1.34, respectively, for the same period in 2024. The net interest margin on a tax-equivalent basis increased to 3.24% for Q3 2025, up from 2.95% in Q3 2024.
- The company signed a definitive merger agreement with Southwest Bancshares Inc. and has a pending merger with American Bank Holding Corporation. The Board of Directors approved increasing the fourth quarter 2025 dividend to $0.60 per share from $0.58 per share.
- Loans, excluding warehouse purchase program loans, were $20.7 billion at September 30, 2025, a decrease of $160 million from June 30, 2025. Deposits increased to $27.7 billion at September 30, 2025, an increase of $308 million from June 30, 2025.
- Management expects non-interest expense for Q4 2025 to be in the range of $141 million to $143 million and anticipates continued net interest margin improvement over the next 12 to 36 months. Loan growth is projected to be flat for Q4 2025, with low single-digit organic growth expected for next year, supplemented by acquisitions.
- Prosperity Bancshares reported net income of $137.6 million and net income per diluted common share of $1.45 for Q3 2025, an 8.2% increase year-over-year. The net interest margin on a tax-equivalent basis rose to 3.24% from 2.95% in Q3 2024.
- The Board approved increasing the Q4 2025 dividend to $0.60 per share from $0.58. The company also signed a definitive merger agreement with Southwest Bancshares Inc. and has a pending merger with American Bank Holding Corporation, aiming to expand its presence in San Antonio and South Texas.
- Loans, excluding the warehouse purchase program, were $20.7 billion at September 30, 2025, a slight decrease from the prior quarter, while deposits increased to $27.7 billion. Management anticipates flat loan growth for Q4 2025 and low single-digit organic growth for next year, with an expected $200 million to $300 million gain in deposits in Q4 2025.
- Non-performing assets totaled $119 million or 0.36% of quarterly average earning assets at September 30, 2025. The efficiency ratio improved to 44.1% for the quarter.
- Prosperity Bancshares reported net income of $137.6 million and diluted earnings per share of $1.45 for the third quarter of 2025.
- For the nine months ended September 30, 2025, net income increased 15.4% to $402.9 million, and diluted earnings per share increased 14.9% to $4.23, compared to the same period in 2024.
- The Board approved a 3.45% increase in the fourth quarter 2025 dividend to $0.60 per share, marking the 22nd consecutive annual increase.
- The company's net interest margin rose 29 basis points to 3.24% in Q3 2025, and deposits increased by $308.7 million during the quarter. Nonperforming assets were 0.36% of average interest-earning assets.
- Prosperity Bancshares announced definitive merger agreements to acquire Southwest Bancshares, Inc. for approximately $268.9 million and American Bank Holding Corporation for approximately $321.5 million, with both transactions expected to close in late 2025 or early 2026.
- Prosperity Bancshares reported net income of $137.6 million and diluted earnings per share of $1.45 for the third quarter of 2025. For the nine months ended September 30, 2025, net income increased 15.4% to $402.9 million and diluted earnings per share rose 14.9% to $4.23.
- The Board approved an increase in the fourth quarter 2025 dividend by 3.45% to $0.60 per share, marking the 22nd consecutive annual increase.
- The company signed a definitive merger agreement with Southwest Bancshares, Inc., which had $2.354 billion in total assets as of June 30, 2025, and has a pending acquisition of American Bank Holding Corporation, which had $2.553 billion in total assets as of June 30, 2025. Both transactions are expected to close in late 2025 or early 2026.
- Deposits increased by $308.7 million during the third quarter of 2025, and nonperforming assets remained low at 0.36% of quarterly average interest-earning assets.
- Prosperity Bancshares, Inc. (PB) announced a quarterly common stock dividend of $0.60 per share for the fourth quarter of 2025.
- This dividend reflects an increase of $0.02 per share, or 3.45%, compared to the prior quarter.
- The dividend is payable on January 2, 2026, to shareholders of record as of December 15, 2025.
- As of June 30, 2025, Prosperity Bancshares, Inc. is a $38.417 billion regional financial holding company with 283 full-service banking locations across Texas and Oklahoma.
- Prosperity Bancshares, Inc. has entered into a definitive merger agreement to acquire Southwest Bancshares, Inc., the parent company of Texas Partners Bank.
- The total consideration for the acquisition is valued at approximately $268.9 million, based on Prosperity's closing price of $65.97 on September 29, 2025, and involves the issuance of 4,062,520 shares of Prosperity common stock.
- As of June 30, 2025, Southwest Bancshares, Inc. reported $2.4 billion in total assets, $1.9 billion in total loans, and $2.1 billion in total deposits.
- The merger is expected to close during the first quarter of 2026, subject to Southwest's shareholder approval and customary regulatory approvals.
- Upon completion of the merger, Brent Given will join Prosperity Bank as San Antonio Area Chairman, and Gene Dawson, Jr. will join the Board of Directors of Prosperity Bank.
- Prosperity Bancshares, Inc. (NYSE: PB) has signed a definitive merger agreement to acquire Southwest Bancshares, Inc. and its subsidiary, Texas Partners Bank.
- The acquisition is valued at approximately $268.9 million, based on Prosperity's closing stock price of $65.97 on September 29, 2025, and involves the issuance of 4,062,520 shares of Prosperity common stock.
- As of June 30, 2025, Southwest reported total assets of $2.4 billion, total loans of $1.9 billion, and total deposits of $2.1 billion.
- The merger is expected to close during the first quarter of 2026, pending shareholder and regulatory approvals, and will include key management from Texas Partners Bank joining Prosperity Bank, with Southwest's CEO joining Prosperity Bank's Board of Directors.
Quarterly earnings call transcripts for PROSPERITY BANCSHARES.
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