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Prosperity Bancshares reports Q3 net income of $141.5M and raises dividend to $0.64 per share

PBProsperity Bancshares Inc

Prosperity Bancshares reported third-quarter 2026 net income of $141.5 million, or $1.18 diluted earnings per share, compared with $137.6 million in the prior-year period. Results were impacted by $69.7 million in merger-related expenses and a $5.0 million out-of-state tax settlement, partially offset by gains from the recent acquisition of Stellar Bancorp. Excluding these items, net income was $200.8 million, or $1.67 per share. The company also announced a 6.67% increase in its quarterly dividend to $0.64 per share for the fourth quarter. Total assets reached $54.1 billion, driven by three acquisitions completed during 2026. Prosperity Bancshares is a regional financial holding company providing banking and investment services primarily in Texas and Oklahoma.

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