Prosperity Bancshares Increases Quarterly Dividends on Common Stock
PR Newswire
1h ago
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Prosperity Bancshares announces that the board of directors has approved a quarterly dividend of $0.64 per common share for the fourth quarter, to be paid on January 4, 2027, with a record date of December 15, 2026. This represents an increase of $0.04 per share from the previous quarter, representing a growth of 6.67%.
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Houston, October 21st / PRNewswire / -- Prosperity Bancshares , Inc .® ( NYSE : PB ) Today, the company's board of directors announced a quarterly dividend of $0.64 per share for the fourth quarter of 2026, which will be paid to shareholders registered as of December 15, 2026, on January 4, 2027.

Dividends for the fourth quarter increased by $0.04 per share compared to the previous quarter, representing a growth of 6.67%.

Prosperity Bancshares, Inc.®

As of June 30, 2026, Prosperity Bancshares, Inc.® is a regional financial holding company headquartered in Houston, Texas, with an asset size of $43.873 billion. It provides personal banking services and investment products to individuals and small and medium-sized enterprises in Texas and Oklahoma.

The company was established in 1983. As indicated by Prosperity, it adheres to the concept of a community bank, simplifying daily financial needs by providing financial solutions to serve customers, businesses, and communities. In addition to traditional deposit and loan products, Prosperity also offers digital banking solutions, credit cards and debit cards, mortgage services, retail brokerage services, trust and wealth management, as well as fund management services.

Prosperity currently operates 352 fully functional bank branches: 62 in the Houston area, including The Woodlands; 40 in South Texas, including Corpus Christi and Victoria; 60 in the Dallas/Fort Worth area; 20 in East Texas; 26 in Central Texas, including Austin; 7 in the San Antonio area; 45 in West Texas, including Lubbock, Midland Odessa, Abilene, Amarillo, and Wichita Falls; 15 in the Bryan / College Station area; 6 in central Oklahoma; 8 in the Tulsa area; as well as 11 branches operating under the name Texas Partners Bank in Central Texas and San Antonio, and 52 branches operating under the name Stellar Bank in Houston and Dallas.

Forward-looking Statements Caution

In accordance with the 'Safe Harbor' provisions of the Private Securities Litigation Reform Act of 1995, this press release contains forward-looking statements within the meaning of the federal securities laws, including those defined under Section 27A of the Revised Securities Act of 1933 and Section 21E of the Revised Securities Exchange Act of 1934. Forward-looking statements are typically, but not always, identified by the use of words or phrases such as 'intended to', 'expected', 'estimated', 'anticipated', 'targeted', 'guideline', 'plans to', 'expected to', 'anticipated to be', 'aims to', 'plans', 'projects', 'predicts', 'will affect', 'will be', 'will continue', 'will decrease', 'will grow', 'will affect', 'will increase', 'will occur', 'will reduce', 'will remain', 'will lead to', 'will result in', 'will' etc. This also includes variations of these words and phrases, as well as similar expressions that indicate that a statement relates to some future outcome, event, plan, or goal. Forward-looking statements include all statements other than statements of historical fact, including forecasts or trends, and are based on current expectations, assumptions, estimates, and projections regarding Prosperity Bancshares and its subsidiaries.These forward-looking statements may include information regarding the possible or assumed future economic performance or operating results of Prosperity, including future revenues, profits, expenses, loan loss provisions, tax provisions, effective tax rates, earnings per share, and cash flows. They also cover future capital expenditures and dividends of Prosperity, future financial conditions and their changes, including changes in the loan portfolio and loan loss provisions, future capital structure and its changes. Additionally, they include management's plans and targets for the future operations of Prosperity, future or proposed acquisitions, the expected impact of acquisitions on Prosperity's operations, operating results, financial conditions, and future economic performance, as well as statements regarding the expected benefits of the proposed transactions. The assumptions on which such statements are based are not guaranteed and are subject to risks and uncertainties. Many of these risks and uncertainties are beyond the control of Prosperity and may result in significant differences between actual results and those expressed or implied in the forward-looking statements. These risks and uncertainties include, but are not limited to, whether Prosperity will be able to: successfully identify acquisition targets and integrate the businesses of the acquired companies and banks; continue to maintain the current internal growth rate or overall growth rate; provide products and services that attract customers; continue to obtain financing from debt and equity capital markets; and achieve sales targets.Other risks include, but are not limited to: potential deterioration in credit quality; actions by competitors; changes in laws and regulations (including changes in government interpretations of regulations and changes in accounting standards); the expected benefits from acquisition transactions may not be realized on time or may not be realized at all, due to issues that arise during the integration of the two companies, or due to overall economic and competitive factors; deterioration or downgrading of the credit quality and credit ratings of securities in the Prosperity securities portfolio; customer and consumer demand, including customers' and consumers' reactions to marketing; effectiveness of expenditures, investments, or projects; fluctuations in the cost and availability of supply chain resources; economic conditions, including fluctuations in exchange rates, interest rates, and commodity prices; as well as weather factors. These and various other factors have been discussed in Prosperity Bancshares's annual report 10-K for the year ending December 31, 2025, and in other reports and statements submitted to the U.S. Securities and Exchange Commission (“SEC”). A copy of Prosperity Bancshares's SEC document can be downloaded for free from the internet at http :// www.prosperitybankusa.com.

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