PB
Prosperity Bancshares, Inc.71.50
-0.50-0.69%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Stellar details lift 2026 projections
Q&A unpacked Stellar Bancorp's $2.20 EPS run-rate—above consensus—fueling confidence in the premium deal and combined $7.34 EPS by 2027. Management projected standalone NIM hitting at least 3.5% in 2026 from bond repricing and lower borrowings, accretive with Stellar's higher margins. Low single-digit loan growth eyed amid integration focus on three deals. Buybacks tempt at current prices, with fresh authorization. Credit details pinned NPA rise to a problematic SNC, buy-here-pay-here loan, and acquired RE—reserves cover, no provision. Q&A reaffirmed M&A strategy. Integrations matter next.
Key Stats
Market Cap
6.79BP/E (TTM)
12.77Basic EPS (TTM)
5.60Dividend Yield
0.03%Recent Filings
10-K
FY2025 results
Prosperity Bancshares closed FY2025 ended December 31, 2025 with loans at $21.81B, down 1.6% y/y from $22.15B, while deposits edged up 0.4% to $28.48B; noninterest-bearing deposits held steady at 33.2% of total. Net income hit $542.8M with diluted EPS of $5.72, up from $479.4M and $5.05 in FY2024, fueled by net interest income climbing 5.4% to $1.08B on a 29bps NIM expansion to 3.22% (tax equivalent), despite lower loan rates and discount accretion. Q4 repurchased 2.0M shares at ~$67 average, leaving 2.4M authorized; capital stayed rock-solid with CET1 at 17.55%. Lone Star integration wrapped October 2024, adding $106.7M goodwill. Interest rate swings could crimp quarterly momentum.
8-K
Prosperity completes Southwest merger
Prosperity Bancshares closed its acquisition of Southwest Bancshares on February 1, 2026, issuing 4,095,397 shares to Southwest shareholders. Texas Partners Bank's 11 Central Texas branches, including San Antonio and Austin, join Prosperity's network; full integration hits November 2026. Key leaders like Brent Given shift to senior roles. Deal expands footprint yet demands smooth blending.
8-K
Prosperity to acquire Stellar
Prosperity Bancshares signed a merger agreement on January 27, 2026, to acquire Stellar Bancorp, with Stellar merging into Prosperity and Stellar Bank into Prosperity Bank. Stellar shareholders get 0.3803 Prosperity shares plus $11.36 cash per share. Boards unanimously approved; Stellar directors control 8.8% votes. $78M termination fee applies.
8-K
PB acquires Stellar for $2B
Prosperity Bancshares signed a merger agreement on January 27, 2026, to acquire Stellar Bancorp in a $2.002 billion deal—0.3803 PB shares plus $11.36 cash per STEL share—adding Stellar's 52 branches and $9.021 billion deposits, mostly in Houston and Beaumont. The transaction, approved by both boards, targets Q2 2026 close pending approvals; key Stellar execs join Prosperity leadership. Deal flags dilution and integration risks.
8-K
Signs $2B Stellar deal
Prosperity Bancshares signed a definitive merger agreement on January 28, 2026, to acquire Stellar Bancorp for 0.3803 shares plus $11.36 cash per share, valued at ~$2.002B based on $72.90 stock price; the deal boosts Houston deposit rank from 9th to 5th. Q4 netted $139.9M ($1.49 DPS, up 8.8% YoY) with NIM at 3.30%, deposits up $700.4M. American closed January 1; Southwest effective February 1.
IPO
Employees
Sector
Industry
CBSH
Commerce Bancshares, Inc.
52.89-0.65
EQBK
Equity Bancshares, Inc.
47.20+0.21
FGBI
First Guaranty Bancshares, Inc.
5.03+0.14
PBBK
PB Bankshares, Inc.
22.55-0.04
PBFS
Pioneer Bancorp, Inc.
14.52+0.08
PCB
PCB Bancorp
23.96+0.12
PFS
Provident Financial Services, I
20.84-0.21
PFSB
PFS Bancorp, Inc.
15.40+0.15
SFBS
ServisFirst Bancshares, Inc.
74.76+1.00
TCBI
Texas Capital Bancshares, Inc.
94.72-1.38