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Prosperity Bancshares Inc. (PRSP) is in the Financial Services Industry

Revenue
Dec 31 2007
$393.5M
Profit
Dec 31 2007
$84.1M
Market Cap
Sep 04 2008
$1.4B

Latest News and Analysis

Additional Resources

  • Prosperity Bancshares, Inc.® Reports Second Quarter Earnings

    - 2Q 2008 Earnings Per Share of $0.52 diluted - Net Interest Margin tax equivalent increases to 4.10% - NPA's reduced to 0.22% of Average Earning Assets HOUSTON, July 23 /PRNewswire-FirstCall/ -- Prosperity Bancshares, Inc.R , the parent company of Prosperity BankR, reported...

    Articles 2008-07-23

  • Prosperity Bancshares, Inc.® Invites You to Join Its Second Quarter Earnings Conference Call on the Web

    - Second Quarter Cash Dividend Announced HOUSTON, June 19 /PRNewswire-FirstCall/ -- In conjunction with Prosperity Bancshares, Inc.R Second Quarter Earnings Announcement, scheduled before the market opens on Wednesday, July 23, 2008, you are invited to listen to its conference call that will be...

    Articles 2008-06-19

  • Fresh Ink

    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...

    Articles 2008-04-01

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

    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...

    Articles 2008-03-24

  • Prosperity Bancshares, Inc.® to Present at Keefe, Bruyette, & Woods Regional Bank Conference

    HOUSTON, Feb. 26 /PRNewswire-FirstCall/ -- Prosperity Bancshares, Inc.R, the parent company of Prosperity BankR will be presenting at the Keefe Bruyette & Woods Regional Bank Conference in Boston on Wednesday, February 27, 2008 at 11:10 am Eastern Standard Time (10:10 am Central Standard Time). Dan Rollins, President...

    Articles 2008-02-26

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

    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...

    Articles 2008-02-21

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

    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...

    Articles 2008-01-25

  • Current Progress Review for Prosperity Bancshares, Inc.

    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...

    Articles 2008-01-25

  • The price is right, but who will buy? Depressed share prices and market stress affect potential buyers and sellers. Look for a foreign invasion.(M&A OUTLOOK)

    [ILLUSTRATION OMITTED] Kevin Rollins, former CEO of Dell, once asked what criteria determined the success of any merger. The answer, he claimed, was that it would have to be that the companies are stronger financially, that they took market share,...

    Articles 2008-01-01

  • Fresh Ink

    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...

    Articles 2007-12-01

  • Community Bankers Acquisition Corp. and TransCommunity Financial Corporation Each Announce Changes to Its Board of Directors in Contemplation of Proposed Merger

    GLEN ALLEN, Va. & GREAT FALLS, Va. -- Community Bankers Acquisition Corp. ("Community Bankers") (AMEX:BTC) and TransCommunity Financial Corporation ("TransCommunity") (OTCBB:TCYF), each announced changes to its Board of Directors in contemplation of the proposed merger previously announced on September 6, 2007. Upon the recommendation of...

    Articles 2007-11-02

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

    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 ...

    Articles 2007-07-12

  • LEAN, MEAN, ACQUISITION MACHINES

    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...

    Articles 2007-04-01

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

    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...

    Articles 2006-10-20

  • Fresh Ink

    1. National City Corp. agreed to buy Fidelity Bankshares, the fourth-largest publicly traded bank in Florida. Fidelity has $4.2 billion in assets and operates 52 branches along the state's east coast. National City eventually will have 92 branches along Florida's Atlantic coast. 2. Prosperity Bancshares will buy Texas United Bancshares...

    Articles 2006-09-01

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  • 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.

Key Competitors

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Prosperity Bancshares Inc. Company Info

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.prosperitybanktx.com

713 693-9300

NAICS Code

Commercial Banking: 522110
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