Company data sheet · Prosperity Bancshares
Prosperity Bancshares: profitable every year.
- Industry
- State Commercial Banks
- Ticker
- PB (NYSE)
- Sources
- SEC filings (1998–2026), Stratrix's verified Decision Cases, market data and official economic statistics
- Data as of
- November 15, 2026
- Profitable every year. Prosperity Bancshares made money in each of its last ten fiscal years, from $0.3 billion (2017) to $0.5 billion (2025).
Financial results
| Fiscal year | Revenue | Net income |
|---|
As reported in its annual filings. Losses in red.
Has Prosperity Bancshares had layoffs?
Headcount, as reported
| Annual report | Employees | As of |
|---|---|---|
| 10-K for 2023 | 3,850 | December 31, 2023 |
| 10-K for 2024 | 3,916 | December 31, 2024 |
| 10-K for 2025 | 3,941 | December 31, 2025 |
Job cuts, severance and restructuring
None of Prosperity Bancshares’s annual reports for 2023 to 2025 describes a layoff, workforce reduction or restructuring.
Prosperity Bancshares has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.
What has Prosperity Bancshares acquired?
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
First Bancshares of Texas, Inc. (FirstCapital Bank of Texas)“Effective May 1, 2023, the Company completed the merger of First Bancshares into the Company and the subsequent merger of its wholly owned subsidiary, FirstCapital Bank of Texas, N.A. (“FirstCapital Bank”), into the Bank (collectively, the “Merger”).” 10-K for 2023 | acquisition | 2023 | — |
Lone Star State Bancshares, Inc. (Lone Star State Bank of West Texas)“On October 11, 2022, the Company and Lone Star jointly announced the signing of a definitive merger agreement whereby Lone Star, the parent company of Lone Star State Bank of West Texas (“Lone Star Bank”), will merge with and into the Company.” 10-K for 2023 | agreed acquisition | October 11, 2022 | — |
F&M Bancorporation Inc. (The F&M Bank & Trust Company)“In addition to internal growth, the Company has completed the following acquisitions since 2014 (through December 31, 2024): Acquired Entity Acquired Bank Completion Date Number of Banking Centers Acquired (1) F&M Bancorporation Inc. The F&M Bank & Trust Company 2014 11 Tradition Bancshares, Inc.” 10-K for 2024 | acquisition | 2014 | — |
Lone Star State Bancshares, Inc.“Effective April 1, 2024, the Company completed the merger of Lone Star State Bancshares, Inc. (“Lone Star”) into the Company and the subsequent merger of its wholly owned subsidiary Lone Star State Bank of West Texas (“Lone Star Bank”), into the Bank (collectively, the “LSSB Merger”).” 10-K for 2024 | merger | Effective April 1, 2024 | — |
First Bancshares of Texas, Inc. (FirstCapital Bank of Texas, N.A.)“Effective May 1, 2023, the Company completed the merger of First Bancshares of Texas, Inc. (“First Bancshares”) into the Company and the subsequent merger of its wholly owned subsidiary, FirstCapital Bank of Texas, N.A. (“FirstCapital Bank”), into the Bank (collectively, the “FB Merger”).” 10-K for 2024 | merger | Effective May 1, 2023 | — |
Lone Star State Bancshares, Inc.“Effective April 1, 2024, the Company completed the merger of Lone Star State Bancshares, Inc. (“Lone Star”) into the Company and the subsequent merger of its wholly owned subsidiary Lone Star State Bank of West Texas (“Lone Star Bank”), into the Bank (collectively, the “Lone Star Merger”).” 10-K for 2025 | acquisition | Effective April 1, 2024 | — |
American Bank Holding Corporation“On January 1, 2026, the Company completed the merger of American Bank Holding Corporation (“American”) into the Company and the subsequent merger of its wholly owned subsidiary American Bank, N.A. (“American Bank”), into the Bank (collectively, the “ American Merger”).” 10-K for 2025 | acquisition | January 1, 2026 | — |
Southwest Bancshares, Inc.“On February 1, 2026, the Company completed the merger of Southwest Bancshares, Inc. (“Southwest”) into the Company and the subsequent merger of its wholly owned subsidiary Texas Partners Bank (“Texas Partners”), into the Bank (collectively, the “Southwest Merger”).” 10-K for 2025 | acquisition | February 1, 2026 | — |
Stellar Bancorp, Inc.“On January 28, 2026, the Company and Stellar Bancorp, Inc. (“Stellar”) jointly announced the signing of a definitive merger agreement whereby Stellar, the parent company of Stellar Bank (“Stellar Bank”), will merge with and into the Company and Stellar Bank will merge with and into the Bank.” 10-K for 2025 | agreed acquisition | January 28, 2026 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $9 million | $32 million |
| 2019-12-31 | $77 million | $1.32 billion |
| 2023-12-31 | $24.4 million | $164.4 million |
Deal filings since 2016
- 2026-07-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
What are Prosperity Bancshares's subsidiaries?
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| Prosperity Bank | Texas |
| Prosperity Interim Corporation | Texas |
| Coppermark Card Services, Inc. | Oklahoma |
| Citizens Insurance Agency of Texas, Inc. | Texas |
| HSUMY, Inc. | Oklahoma |
| LegacyTexas Holdings, Inc. | Texas |
From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Layoffs, acquisitions, competitors and subsidiaries are read from Prosperity Bancshares’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023), as of 2026-02-26.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 17 decision filings since 2016, each linked to the SEC, with the share return against its sector and the US market the next day and the next year (15 with market data).
- Peer comparison: against 505 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.
Tools to try
- Ansoff move finderFramework: Ansoff Matrix
- Business model canvas builderFramework: Business Model Canvas
- Change readiness checkFramework: Kotter's 8-Step Change Model
- Five Forces scorerFramework: Porter's Five Forces
- SMART goal builderFramework: SMART Goals
- SWOT builderFramework: SWOT Analysis
More from Stratrix
The Business Model Wizard
Make the seven choices that define your model, test your numbers against real companies, and meet the rival AI would build against you.
Free · about twelve minutesBuild your Model Thesis →Test a decision, free
Set a live decision against the companies that made it before you.
AcquisitionsThe Distance TestDivestituresThe Divestiture TestDiversificationThe Diversification TestMake or buyThe Make-or-Buy TestStratrix Team
Every Casebook, three Strategy Packs a seat each year and Ask Stratrix, for teams that face these decisions all year.
$1,999 a year · $499 a seatWhat is included →New analyses, by email
The defining moves in business, and what they teach, as they publish.