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Prosperity Bancshares Inc.

(PRSP) is in the Financial Services Industry

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  • Prosperity Bancshares, Inc.® Makes Decision Not to Apply for Government's Capital Purchase Program

    - 2008-11-17

    HOUSTON, Nov. 17 /PRNewswire-FirstCall/ -- Prosperity Bancshares, Inc. R one of the largest Texas-based banking institutions made the decision not to apply for funds available through the U.S. Treasury Department's Capital Purchase Program. The program is part of the federal government's Troubled Assets Relief Program TARP which...

  • Prosperity Bank® to Acquire All Deposits of Franklin Bank From FDIC

    - 2008-11-08

    HOUSTON, Nov. 7 /PRNewswire-FirstCall/ -- Prosperity Bancshares, Inc.R , the parent company of Prosperity BankR, announced that as of the close of business today Prosperity Bank will assume approximately $3.7 billion of deposits, including all uninsured deposits, from the Federal Deposit Insurance Corporation FDIC, acting in its capacity as...

  • Prosperity Bancshares, Inc.® Increases Cash Dividend

    - 2008-10-27

    HOUSTON, Oct. 27 /PRNewswire-FirstCall/ -- Prosperity Bancshares, Inc.R the parent company of Prosperity BankR, announced the increase of their regular annual cash dividend to $0.55 per share. The fourth quarter cash dividend of $0.1375, an increase of 10.0%, is payable on January 2, 2009 to all shareholders...

  • Prosperity Bancshares, Inc.® Reports Third Quarter Earnings

    - 2008-10-17

    - 3Q 2008 Operating Earnings Per Share of $0.53 diluted (before impairment charge on FNM/FRE perpetual preferred securities) - 3Q 2008 Net Interest Margin tax equivalent increases to 4.15% - Non-Performing Assets equal 0.26% of Average Earning Assets - Tier 1 Risk Based Capital...

  • Fresh Ink

    - 2008-04-01

    1. Pittsburgh-based Iron & Glass Bank was bought by FNB Corp in a cash-and- common-stock deal. Iron & Glass has eight branches and $300 million in total assets. 2. Prosperity Bancshares bought fellow Texas bank 1st Choice Bancorp in a cash-and-stock deal. 1st Choice runs two branches in...

  • (PRSP) SqueezeTrigger Price is $30.365. There is $174,184,728.00 That Short Sellers Still Need To Cover.

    - 2008-03-24

    M2 PRESSWIRE-24 March 2008-BUYINS.NET: PRSP SqueezeTrigger Price is $30.365. There is $174,184,728.00 That Short Sellers Still Need To CoverC1994-2008 M2 COMMUNICATIONS LTD RDATE:24032008 BUYINS.NET / www.squeezetrigger.com is monitoring Prosperity Bancshares Inc. - Common Stock (NASDAQ:PRSP) in real time and...

  • (PRSP) SqueezeTrigger Price is $30.365. There is $348,767,328.00 That Short Sellers Still Need To Cover.

    - 2008-02-21

    M2 PRESSWIRE-21 February 2008-BUYINS.NET: PRSP SqueezeTrigger Price is $30.365. There is $348,767,328.00 That Short Sellers Still Need To CoverC1994-2008 M2 COMMUNICATIONS LTD RDATE:21022008 BUYINS.NET / www.squeezetrigger.com is monitoring Prosperity Bancshares Inc. - Common Stock (NASDAQ:PRSP) in real time and...

  • Prosperity Bancshares, Inc.(R) Fourth Quarter Earnings Up 41.9%.

    - 2008-01-25

    M2 PRESSWIRE-25 January 2008-MB Alerts: Prosperity Bancshares, Inc.R Fourth Quarter Earnings Up 41.9%.C1994-2008 M2 COMMUNICATIONS LTD RDATE:25012008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers, and...

  • Current Progress Review for Prosperity Bancshares, Inc.

    - 2008-01-25

    M2 PRESSWIRE-25 January 2008-Market Review: Current Progress Review for Prosperity Bancshares, IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:25012008 Thursday opened with home prices posting a first decline in 40 years. The National Association of Realtors reported that sales of single-family homes...

  • Fresh Ink

    - 2007-12-01

    1. First Defiance Financial Corp. will acquire Pavilion Bancorp in a cash-and-stock deal worth for $55.7 million. Pavilion's unit, Bank of Lenawee, has eight banks in southeastern Michigan with a total of $290 million in assets and $230 million in deposits. Buffalo, NY-based M&T Bank said it would acquire First...

  • (PRSP) SqueezeTrigger Price is $31.626. There is $103,287,578.61 That Short Sellers Still Need To Cover.

    - 2007-07-12

    M2 PRESSWIRE-12 July 2007-BUYINS.NET: PRSP SqueezeTrigger Price is $31.626. There is $103,287,578.61 That Short Sellers Still Need To CoverC1994-2007 M2 COMMUNICATIONS LTD RDATE:12072007 BUYINS.NET / www.squeezetrigger.com is monitoring Prosperity Bancshares Inc. - Common Stock (NASDAQ:PRSP) in real time and just ...

  • LEAN, MEAN, ACQUISITION MACHINES

    - 2007-04-01

    The dynamics of the market have created an abundance of banks ready to sell, but today's buyers are not waving the green flag for every deal. They're carefully considering how much horsepower they're getting for the money. David Zalman, the chairman and CEO of Prosperity Bancshares in...

  • Texas United Bancshares, Inc. Third Quarter Net Earnings Up 28.8%

    - 2006-10-20

    Texas United Bancshares, Inc. (NASDAQ: TXUI) Third Quarter and Year-to-date 2006 Highlights: -- 3rd quarter 2006 net earnings up 28.8% and year-to-date net earnings up 41.0%-- Loans up 23.0% since December 31, 2005 and up 49.7% from a year ago-- 3rd quarter 2006 loan...

  • Prosperity Bank Implements VSoft Solutions

    - 2005-03-04

    Wireless News03-04-2005Prosperity Bank Implements VSoft SolutionsWIRELESS NEWS-March 4, 2005-Prosperity Bank Implements VSoft Solutions C2005 10Meters - http://www.10meters.com VSoft, a global information and technology provider of process improvement tools for financial institutions, announced that Prosperity Bank, a subsidiary of Prosperity Bancshares, a $3.4 billion asset bank with 86 banking centers...

  • Prosperity Bank Manages Document and Report Processing with VSoft's eDesk - Developed on The Microsoft .NET Framework; eDesk Solutions Reduce Paper Storage and Distribution Costs

    - 2005-03-02

    ATLANTA -- VSoft Corporation, a global information and technology provider of process improvement tools for financial institutions, announces that Prosperity Bank (a subsidiary of Prosperity Bancshares, Inc. (NASDAQ:PRSP)), a $3.4 billion asset bank with 86 banking centers throughout Texas, has implemented VSoft's Document Imaging. VSoft's Document Imaging allows...

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  • Revenue (Fiscal Year) $393.5M
  • Profit (Fiscal Year) $84.1M
  • Market Cap $1.2B
  • Incorporated: 1983
  • CEO: Mr. David Zalman
  • Employees: 1,359

Prosperity Bancshares is a bank holding company with total assets of $6.37 billion and deposits of $4.97 billion at Dec 31 2007. Through its subsidiary, Prosperity BankŪ (the Bank), Co. provides a line of financial products and services to small and medium-sized businesses and consumers. At Dec 31 2007, the Bank had 124 full-service banking locations and one loan production office; with 40 in the Greater Houston Consolidated Metropolitan Statistical Area, 33 in the South Texas area including Corpus Christi and Victoria, 23 in the Central Texas area including Austin and Bryan/College Station, two in East Texas, 26 in the Dallas/Fort Worth, TX area and a loan production office in San Antonio.

Stock Quote

Board of Directors

Mr. David Zalman Chairman

Mr. Robert Steelhammer

Mr. James D. Rollins III

Mr. Ervan E. Zouzalik

Mr. H. E. Timanus Jr. Vice-Chairman

Dr. William H. Fagan M.D.

Dr. Perry Mueller Jr., D.D

Mr. Harrison Stafford II

Mr. James A. Bouligny

Ms. Leah Henderson

Mr. Ned S. Holmes

Mr. S. Reed Morian

Contact Information

4295 San Felipe

Houston, TX

http://www.prosperityb...

713 693-9300

NAICS Code

Commercial Banking: 522110