Prosperity Bancshares to buy Stellar Bancorp in $2.002 billion deal; Q4 profit up 7.6%
Prosperity Bancshares reported fourth quarter 2025 net income of $139.9 million, up 7.6% from $130.1 million a year earlier, with diluted EPS of $1.49 versus $1.37. The company also signed a definitive merger agreement to acquire Stellar Bancorp, which it values at approximately $2.002 billion, paid in Prosperity common stock plus cash, so existing shareholders' stake would be affected by the share issuance.
Key points
- Q4 2025 net income $139.9 million vs. $130.1 million in Q4 2024; diluted EPS $1.49 vs. $1.37
- Full-year 2025 net income $542.8 million, up 13.2%; diluted EPS $5.72, up 13.3%
- Stellar merger terms: 0.3803 Prosperity shares plus $11.36 cash per Stellar share; total consideration approximately $2.002 billion based on the $72.90 closing price on January 27, 2026
- Southwest Bancshares acquisition expected to become effective February 1, 2026
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.