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Prosperity Bancshares

Logo: prosperitybankusa.com4

American bank

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

1983Founded1

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  • TickerPB on NYSE1
  • Industryeconomics of banking1
  • HeadquartersHouston1
  • Websitewww.prosperitybankusa.com/Personal
  • Incorporated inTX5
  • Business address4295 San Felipe, N/A, Houston, Tx 770275
  • Filer categoryLarge accelerated filer5

Prosperity Bancshares, Inc. is a bank holding company headquartered in Houston, Texas with operations in Texas and central Oklahoma. As of December 31, 2019, the company operated 285 branches: 65 in the Houston area, including The Woodlands, Texas; 30 in South Texas, including Corpus Christi, Texas and Victoria, Texas; 75 in the Dallas–Fort Worth metroplex; 22 in East Texas; 29 in Central Texas, including Austin, Texas and San Antonio; 34 in West Texas, including Lubbock, Texas, Midland–Odessa, and Abilene, Texas; 16 in Bryan–College Station; 6 in Central Oklahoma; and 8 in Tulsa, Oklahoma.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income7891011$542.8M in 2025+63% since 2019
0$200.0M$400.0M$600.0M2019: $332.6M$332.6M20192020: $528.9M$528.9M2020+59%2021: $519.3M$519.3M2021−2%2022: $524.5M$524.5M2022+1%2023: $419.3M$419.3M2023−20%2024: $479.4M$479.4M2024+14%2025: $542.8M$542.8M2025+13%

Every line of the income statement as filed: the last 4 fiscal years, latest first.11

Period ending2025-12-312024-12-312023-12-312021-12-31
Loans, including fees$1.3B$1.3B$1.1B
Securities$230.7M$246.7M$283.3M
Federal funds sold and other earning assets$44.2M$63.8M$12.2M
Total interest income$1.6B$1.6B$1.4B
Deposits$380.0M$408.6M$272.3M
Other borrowings$104.2M$181.6M$206.3M
Securities sold under repurchase agreements$4.6M$7.0M$9.4M
Subordinated notes$0$38.0K
Total interest expense$488.8M$597.2M$488.1M
NET INTEREST INCOME$1.1B$1.0B$956.4M
PROVISION FOR CREDIT LOSSES$0$9.1M$18.5M
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES$1.1B$1.0B$937.9M
Nonsufficient funds (NSF) fees$37.6M$35.4M$33.7M
Credit card, debit card and ATM card income$37.4M$37.3M$36.5M
Service charges on deposit accounts$30.0M$26.5M$24.6M
Trust income$14.6M$14.8M$13.3M
Mortgage income$3.9M$3.1M$2.3M
Brokerage income$5.4M$4.7M$4.3M
Net gain on sale or write down of assets$1.2M$2.8M$2.0M
Net gain on sale or write-up of securities$11.2M
Other$38.2M$29.9M$36.7M
Total noninterest income$168.3M$165.8M$153.3M
Salaries and employee benefits$353.1M$352.4M$328.4M
Net occupancy and equipment$37.1M$35.8M$35.5M
Credit and debit card, data processing and software amortization$48.6M$47.3M$41.6M
Regulatory assessments and FDIC insurance$18.1M$27.4M$40.2M
Core deposit intangibles amortization$14.4M$15.7M$12.7M
Depreciation$19.7M$19.1M$18.3M
Communications$14.0M$13.7M$14.4M
Net other real estate expense (income)$653.0K-$291.0K-$834.0K
Merger related expenses$330.0K$4.4M$15.1M
Other$50.2M$55.2M$51.3M
Total noninterest expense$556.2M$570.6M$556.7M
INCOME BEFORE INCOME TAXES$693.6M$612.7M$534.5M
PROVISION FOR INCOME TAXES$150.7M$133.3M$115.1M
NET INCOME$542.8M$479.4M$419.3M
Basic$5.72$5.05$4.51
Diluted$5.72$5.05$4.51$5.05

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The story

The company was formed in 1983 to purchase a former Allied Bank branch in Edna, Texas. The Edna bank dated back to 1949 as the First National Bank of Edna.

In November 2008, in a transaction organized by the Federal Deposit Insurance Corporation, the company acquired Franklin Bank, which suffered from bank failure.

In 2010, the company acquired three branches in Texas as part of the acquisition of FBOP Corporation by U.S. Bancorp.

In July 2012, the company acquired the 37-branch American State Bank, which provided the company its first locations in West Texas.

In April 2013, the company acquired Coppermark Bank and its nine branches, including six branches in Central Oklahoma, its first presence outside Texas.

In November 2013, the company acquired First Victoria National Bank and its 34 branches.

In April 2014, the company acquired F&M Bancorporation and its 13 branches, including several in Tulsa, Oklahoma.

In November 2019, the company acquired LegacyTexas Bank and its 42 branches.

Read the full text

In April 2024, the merger of Prosperity Bancshares and Lone Star State Bancshares and subsidiaries of LS Bancshares and Prosperity Bank was completed. The end of the operational integration is 28 October 2024.

In January 2026, the company acquired American Bank Holding Corporation and its subsidiary American Bank which operated 18 banking offices and two loan production offices in South and Central Texas.

In February 2026, the company acquired Southwest Bancshares, Inc and its wholly owned subsidiary Texas Partners Bank which operated 11 banking offices in Central Texas including its main office in San Antonio.

In July 2026, the company acquired Stellar Bancorp, Inc. Stellar operated 52 banking offices including its main office in Houston and banking offices in the Houston, Beaumont and East Texas areas and in Dallas, Texas.

From Wikipedia’s article on Prosperity Bancshares, shared under CC BY-SA 4.0.6

Leadership

Who has led Prosperity Bancshares, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (37)

Timeline

  1. Apr 17, 2008New chief executive David Zalman becomes CEO15
  2. 1983Founded Founded1

Filings

412 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 42 major events, 246 insider forms, 21 large holders, 83 other. The latest 20:

  1. Oct 14, 20264 EDGAR
  2. Oct 8, 20264 EDGAR
  3. Oct 1, 20264 EDGAR
  4. Sep 23, 20264 EDGAR
  5. Sep 18, 20264 EDGAR
  6. Sep 16, 2026144 EDGAR
  7. Sep 9, 20264 EDGAR
  8. Sep 3, 20264 EDGAR
  9. Aug 31, 20268-K/A EDGAR
  10. Aug 26, 20264 EDGAR
  11. Aug 19, 20264 EDGAR
  12. Aug 14, 202613F-HR EDGAR
  13. Aug 13, 20264 EDGAR
  14. Aug 6, 202610-Q EDGAR
  15. Aug 5, 20264 EDGAR
  16. Jul 30, 20264 EDGAR
  17. Jul 29, 20268-K EDGAR
  18. Jul 23, 20263 EDGAR
  19. Jul 22, 20264 EDGAR
  20. Jul 15, 20264 EDGAR

The 412 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last three years, summarized. The full record is on SEC EDGAR.

Insider trades and holders

Large holders

Investors who own more than 5% must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively. 21 such filings since October 2021, the latest 10:

  1. Jul 14, 2026SCHEDULE 13G
  2. May 15, 2026SCHEDULE 13G
  3. Apr 30, 2026SCHEDULE 13G
  4. Apr 29, 2026SCHEDULE 13G
  5. Mar 27, 2026SCHEDULE 13G/A
  6. Jan 21, 2026SCHEDULE 13G/A
  7. Oct 9, 2025SCHEDULE 13G
  8. Aug 8, 2025SCHEDULE 13G/A
  9. Nov 7, 2024SCHEDULE 13G
  10. Oct 16, 2024SC 13G/A

From Forms 4 and Schedules 13D and 13G filed with the SEC.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.10,225,601$746.8M0.0%+858,329
Aqr Capital Management LLC6,304,696$460.4M0.2%−18,448
Vanguard Portfolio Management LLC6,208,490$453.4M0.0%+609,688
State Street Corp5,466,720$402.5M0.0%+375,242
Dimensional Fund Advisors LP5,070,242$370.3M0.1%+140,933
Barrow Hanley Mewhinney & Strauss LLC4,793,908$350.1M1.1%−143,120
Vanguard Capital Management LLC4,425,184$323.2M0.0%+77,190
Morgan Stanley3,232,897$236.1M0.0%+6,570
Neuberger Berman Group LLC2,900,025$211.8M0.1%−160,017
Massachusetts Financial Services Co /ma/2,314,597$170.5M0.1%−25,835
Goldman Sachs Group Inc2,222,068$162.3M0.0%+1,236,589
Geode Capital Management, LLC2,106,122$154.9M0.0%+54,891
American Century Companies Inc1,989,245$145.3M0.1%+26,922
Brown Advisory Inc1,479,512$108.0M0.2%−85,770
Charles Schwab Investment Management Inc1,294,584$94.5M0.0%+1,460
Norges Bank1,280,503$93.5M0.0%New
Northern Trust Corp1,092,055$79.8M0.0%+101,791
Citadel Advisors LLC1,082,980$79.1M0.0%+984,426
Snyder Capital Management L P945,565$69.1M1.2%−26,026
First Trust Advisors LP881,170$64.4M0.0%+125,606
Algebris (uk) Ltd816,821$59.5M3.9%−118,152
Bank of New York Mellon Corp792,514$57.9M0.0%−18,668
UBS Group AG778,852$56.9M0.0%−32,490
Vanguard Fiduciary Trust Co636,217$46.5M0.0%+14,381
Perpetual Ltd593,322$43.3M0.6%+19,199

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Jun 24, 2019Donna Shalala, HouseSale$1,001 - $15,000+156.7%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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