Prosperity Bancshares Q1 net income falls to $116.3 million; EPS $1.16 vs $1.37
Prosperity Bancshares reported first quarter 2026 net income of $116.3 million, or $1.16 per diluted share, down from $130.2 million, or $1.37, a year earlier. The company said $42.5 million of merger-related expenses weighed on results; excluding those costs, net income was $149.9 million and diluted EPS was $1.50.
Key points
- Net income $116.3 million vs $130.2 million in Q1 2025; diluted EPS $1.16 vs $1.37
- Merger-related expenses of $42.5 million, or $0.34 per diluted share; excluding them, EPS was $1.50 (non-GAAP)
- Net interest income before provision rose 21.0% year over year to $321.2 million
- Stellar Bancorp merger expected to complete on or about July 1, 2026; second quarter dividend of $0.60 per share
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 April 29, 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.