Earnings summaries and quarterly performance for PROSPERITY BANCSHARES.
Executive leadership at PROSPERITY BANCSHARES.
David Zalman
Detailed
Senior Chairman and Chief Executive Officer
CEO
AO
Asylbek Osmonov
Detailed
Chief Financial Officer
CM
Charlotte M. Rasche
Detailed
Executive Vice President and General Counsel
EZ
Edward Z. Safady
Detailed
Vice Chairman
HE
H. E. Timanus, Jr.
Detailed
Chairman of the Board
JM
J. Mays Davenport
Detailed
Executive Vice President and Director of Corporate Strategy
KJ
Kevin J. Hanigan
Detailed
President and Chief Operating Officer
RH
Randy Hester
Detailed
Executive Vice President and Chief Lending Officer
RJ
Robert J. Dowdell
Detailed
Executive Vice President
Board of directors at PROSPERITY BANCSHARES.
HS
Harrison Stafford II
Detailed
Director
IB
Ileana Blanco
Detailed
Director
JL
Jack Lord
Detailed
Director
JA
James A. Bouligny
Detailed
Presiding Director
LM
Laura Murillo
Detailed
Director
LH
Leah Henderson
Detailed
Director
NS
Ned S. Holmes
Detailed
Director
PM
Perry Mueller, Jr.
Detailed
Director
RS
Robert Steelhammer
Detailed
Director
WR
W. R. Collier
Detailed
Director
WT
William T. Luedke IV
Detailed
Director
Research analysts who have asked questions during PROSPERITY BANCSHARES earnings calls.
Catherine Mealor
Keefe, Bruyette & Woods
9 questions for PB
Also covers: ABCB, AUB, CADE +21 more
MG
Manan Gosalia
Morgan Stanley
9 questions for PB
Also covers: CADE, CBC, CFG +17 more
PW
Peter Winter
D.A. Davidson
9 questions for PB
Also covers: BFIN, BOKF, CFG +12 more
Jon Arfstrom
RBC Capital Markets
8 questions for PB
Also covers: ALLY, ASB, BFH +24 more
MR
Michael Rose
Raymond James Financial, Inc.
7 questions for PB
Also covers: AMTB, BFST, BKU +25 more
Eric Dray
Bank of America
4 questions for PB
Also covers: ACRE, BRSP, BXMT
SS
Stephen Scouten
Piper Sandler & Co.
4 questions for PB
Also covers: ABCB, AMTB, AUB +24 more
DC
David Chiaverini
Wedbush Securities Inc.
2 questions for PB
Also covers: AX, BANC, BOKF +17 more
Ebrahim Poonawala
Bank of America Securities
2 questions for PB
Also covers: , BK, BMO +31 more
JL
Janet Lee
TD Cowen
2 questions for PB
Also covers: AUB, COLB, EBC +16 more
Jared Shaw
Barclays
2 questions for PB
Also covers: ASB, BANC, BKU +23 more
MO
Matt Olney
Stephens Inc.
2 questions for PB
Also covers: BFST, BOKF, BSVN +21 more
Bill Carcache
Wolfe Research, LLC
1 question for PB
Also covers: BFH, CMA, COF +10 more
Dave Rochester
Cantor Fitzgerald
1 question for PB
Also covers: CFG, EWBC, FLG +3 more
DR
David Rochester
Compass Point
1 question for PB
Also covers: BFH, BKU, CFR +6 more
JR
Jonathan Rau
Barclays
1 question for PB
Also covers: COLB, FHN, PNFP
Recent press releases and 8-K filings for PB.
Prosperity Bancshares Completes Merger with Southwest Bancshares
PB
M&A
Board Change
Management Change
- Prosperity Bancshares, Inc. completed its merger with Southwest Bancshares, Inc., effective February 1, 2026.
- As part of the merger, Prosperity issued 4,095,397 shares of its common stock to the former shareholders and award holders of Southwest.
- Southwest's wholly owned subsidiary, Texas Partners Bank, which operates eleven banking offices in Central Texas, will continue to operate under its current name until operational integration in November 2026.
- Following the merger, Prosperity Bancshares, Inc. reported $38.463 billion in assets as of December 31, 2025, and operates 301 full-service banking locations as of January 30, 2026.
- Key personnel from Texas Partners Bank, including Brent Given and Tom Moreno, will join Prosperity Bank in senior management roles, and Gene Dawson, Jr. from Southwest has joined the Board of Directors of Prosperity Bank.
4 days ago
Prosperity Bancshares Completes Merger with Southwest Bancshares
PB
M&A
Management Change
Board Change
- Prosperity Bancshares, Inc. completed its merger with Southwest Bancshares, Inc. and its wholly owned subsidiary, Texas Partners Bank, effective February 1, 2026.
- As part of the merger, Prosperity issued 4,095,397 shares of its common stock to former shareholders and award holders of Southwest.
- Key management from Texas Partners Bank will join Prosperity Bank in senior roles, and Gene Dawson, Jr., Interim Chairman, President and Chief Executive Officer of Southwest, has joined the Board of Directors of Prosperity Bank.
- The operational integration of Texas Partners Bank locations is scheduled for November 2026, after which customers can use any Prosperity Bank full-service banking center.
4 days ago
Prosperity Bancshares announces merger agreement with Stellar Bancorp
PB
M&A
Takeover Bid
- Prosperity Bancshares, Inc. entered into an Agreement and Plan of Merger with Stellar Bancorp, Inc. on January 27, 2026.
- Under the agreement, Stellar will merge with and into Prosperity, and Stellar Bank will merge into Prosperity Bank.
- Each share of Stellar Common Stock will be converted into the right to receive 0.3803 shares of Prosperity Common Stock and $11.36 in cash.
- The merger, which was unanimously approved by the boards of both companies, is subject to customary conditions, including Stellar shareholder approval and required regulatory approvals.
- Stellar will be required to pay a $78 million termination fee under certain circumstances.
Jan 29, 2026, 12:01 PM
Prosperity Bancshares Reports Q4 and Full-Year 2025 Results, Advances Mergers
PB
Earnings
M&A
Share Buyback
- Prosperity Bancshares reported net income of $543 million and $5.72 net income per diluted common share for the full year ended December 31, 2025, representing increases of 13.2% and 13.3% respectively, compared to 2024. For the fourth quarter of 2025, net income was $139.9 million, a 7.6% increase over the same period in 2024.
- The company completed its merger with American Bank on January 1, 2026, and expects its merger with Southwest Bancshares (Texas Partners Bank) to be effective February 1, 2026. Discussions also highlighted the acquisition of Stellar Bancorp, with an estimated $2.20 EPS run rate for Stellar based on Q4 2025 performance.
- Operational metrics showed improvement, with the net interest margin (tax equivalent) rising to 3.3% in Q4 2025 from 3.05% in Q4 2024, and the efficiency ratio improving to 43.7%. Deposits increased by $700 million to $28.4 billion at December 31, 2025, while loans (excluding warehouse purchase program loans) were $20.5 billion.
- In terms of capital deployment, Prosperity Bancshares repurchased approximately $157 million or 2.34 million shares of its common stock during 2025 at an average price of $67.04 , and has another 5% approved for 2026.
Jan 28, 2026, 4:30 PM
Prosperity Bancshares Reports Q4 2025 Results and Outlines Strategic Acquisitions
PB
Earnings
M&A
Share Buyback
- Prosperity Bancshares reported net income of $139.9 million for the three months ending December 31, 2025, an increase of $9.8 million or 7.6% compared to the same period in 2024, with an annualized return on average assets of 1.49% and an efficiency ratio of 43.6%.
- The company's net interest margin on a tax equivalent basis was 3.30% for Q4 2025, an increase from 3.05% in Q4 2024 and 3.24% in Q3 2025, with a projected standalone margin of around 3.50% for 2026.
- Prosperity Bancshares completed its merger with American Bank on January 1, 2026, expects the merger with Southwest Bancshares (parent of Texas Partners Bank) to be effective February 1, 2026, and announced the acquisition of Stellar Bancorp.
- For the year ending December 31, 2025, Prosperity Bancshares repurchased approximately $157 million, or 2.34 million shares of its common stock at an average weighted price of $67.04.
- The company projects combined earnings of $7.34 per share for 2027, anticipating significant franchise value enhancement and a 17% return on average tangible capital in 2027.
Jan 28, 2026, 4:30 PM
Prosperity Bancshares Reports Strong Q4 and Full-Year 2025 Results, Announces Multiple Acquisitions, and Provides 2027 EPS Outlook
PB
Earnings
M&A
Guidance Update
- Prosperity Bancshares reported net income of $543 million and diluted EPS of $5.72 for the full year 2025, marking increases of 13.2% and 13.3% respectively compared to 2024. For the fourth quarter of 2025, net income was $139.9 million, a 7.6% increase from the same period in 2024.
- The net interest margin (NIM) on a tax equivalent basis for Q4 2025 was 3.3%, up from 3.05% in Q4 2024 and 3.24% in Q3 2025.
- As of December 31, 2025, loans (excluding warehouse purchase program loans) stood at $20.5 billion, while deposits reached $28.4 billion, an increase of $700 million from September 30, 2025. Nonperforming assets totaled $150 million.
- Prosperity Bancshares completed its merger with American Bank on January 1, 2026, and anticipates the merger with Southwest Bancshares (Texas Partners Bank) to be effective on February 1, 2026. Additionally, the company announced the acquisition of Stellar Bancorp.
- Management projects a combined EPS of $7.34 per share for 2027, with an expected 17% return on average tangible capital. Non-interest expense for Q1 2026 is forecast to be between $172 million and $176 million, in addition to $30 million to $33 million in one-time merger-related charges.
Jan 28, 2026, 4:30 PM
Prosperity Bancshares Announces Q4 2025 Results and Strategic Acquisitions
PB
Earnings
M&A
Share Buyback
- Prosperity Bancshares reported net income of $139.9 million and diluted earnings per share of $1.49 for the three months ended December 31, 2025.
- As of December 31, 2025, the company's assets totaled $38.5 billion, with total loans at $21.8 billion and deposits reaching $28.5 billion.
- The net interest margin for Q4 2025 increased 25 basis points to 3.30% compared to the fourth quarter of 2024.
- The company declared a cash dividend of $0.60 for the first quarter 2026 and approved a 2026 Stock Repurchase Program covering up to 5% of outstanding common stock.
- Prosperity Bancshares announced the signing of a definitive merger agreement to acquire Stellar Bancorp, Inc. on January 28, 2026, completed the acquisition of American Bank Holding Corporation on January 1, 2026, and received regulatory approvals for the pending acquisition of Southwest Bancshares, Inc..
Jan 28, 2026, 4:30 PM
Prosperity Bancshares to Acquire Stellar Bancorp
PB
M&A
CEO Change
- Prosperity Bancshares has agreed to acquire Stellar Bancorp in a cash-and-stock deal valued at approximately $2.0 billion, or $39.08 per Stellar share, representing a 19.8–20% premium. The transaction is expected to close in the second quarter of 2026.
- The acquisition will create the second-largest Texas-headquartered bank by deposits with over 330 branches, significantly expanding Prosperity’s footprint in Houston, Beaumont, and Dallas.
- Stellar's CEO, Robert Franklin, will join Prosperity as vice chairman.
- As of December 31, 2025, Prosperity had approximately $38.5 billion in assets and Stellar had approximately $10.8 billion in assets.
Jan 28, 2026, 11:51 AM
Prosperity Bancshares Reports Strong Q4 and Full-Year 2025 Results, Announces Stellar Bancorp Acquisition
PB
Earnings
M&A
Share Buyback
- Prosperity Bancshares reported net income of $139.9 million and diluted earnings per share of $1.49 for the fourth quarter of 2025. For the full year 2025, net income increased by 13.2% to $542.8 million and diluted EPS increased by 13.3% to $5.72 compared to 2024.
- The company announced the signing of a definitive merger agreement to acquire Stellar Bancorp, Inc., which reported $10.807 billion in total assets as of December 31, 2025, for an approximate total consideration of $2.002 billion.
- Prosperity Bancshares completed the acquisition of American Bank Holding Corporation on January 1, 2026, and received all necessary approvals for the pending acquisition of Southwest Bancshares, Inc., which is expected to be effective on February 1, 2026.
- During the fourth quarter of 2025, the company repurchased 2.0 million shares of common stock for $137.2 million, and approved a 2026 Stock Repurchase Program covering up to 5% of outstanding common stock.
Jan 28, 2026, 11:45 AM
Prosperity Bancshares Reports Fourth Quarter 2025 Earnings and Announces Acquisitions
PB
Earnings
M&A
Share Buyback
- Prosperity Bancshares reported net income of $139.9 million and diluted earnings per share of $1.49 for the fourth quarter ended December 31, 2025. For the full year 2025, net income was $542.8 million, an increase of 13.2%, and diluted EPS was $5.72, up 13.3% compared to 2024.
- The company completed the acquisition of American Bank Holding Corporation on January 1, 2026, received regulatory and shareholder approvals for the pending acquisition of Southwest Bancshares, Inc. (expected effective February 1, 2026), and announced a definitive merger agreement to acquire Stellar Bancorp, Inc..
- Deposits increased by $700.4 million during the fourth quarter of 2025, and the fourth quarter net interest margin rose 25 basis points to 3.30% compared to the same period in 2024.
- Prosperity Bancshares repurchased 2.0 million shares of common stock for $137.2 million during the fourth quarter of 2025 and approved a 2026 Stock Repurchase Program for up to 5% of outstanding common stock.
Jan 28, 2026, 11:45 AM
Fintool News
In-depth analysis and coverage of PROSPERITY BANCSHARES.
Quarterly earnings call transcripts for PROSPERITY BANCSHARES.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more