Houston, Texas-based Prosperity Bancshares will acquire Houston, Texas-based Stellar Bancorp to create a $54 billion asset bank. The deal is valued at approximately $2 billion and implies a share ...
Jan 28 (Reuters) - Prosperity Bancshares (PB.N), opens new tab will buy rival Stellar Bancorp (STEL.N), opens new tab in a $2 billion cash-and-stock deal, the banks said on Wednesday, creating a mega ...
As per the agreement, Prosperity will pay 0.3803 shares of its common stock plus $11.36 in cash for each share of Stellar common stock. Based on Prosperity's closing price of $72.90 on January 27, ...
Prosperity Bancshares agreed to acquire Stellar Bancorp in a deal valued at around $2 billion that would create the second-largest bank by deposits headquartered in Texas. Prosperity will issue 0.3803 ...
Jan 28 (Reuters) - Prosperity Bancshares ‌will buy rival Stellar Bancorp in ‌a $2 billion cash-and-stock deal, the banks said on Wednesday, creating a mega Texas-focused lender and highlighting rapid ...
HOUSTON, Jan. 28, 2026 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and Stellar Bancorp, Inc ...
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Houston-based Prosperity Bancshares Inc. expects to complete its acquisition of the San Antonio-based parent company of Texas Partners Bank on Feb. 1 after the deal cleared one last hurdle. The ...
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