Prosperity Bancshares Q2 net income rises to $168.6 million from $135.2 million
Prosperity Bancshares reported second quarter 2026 net income of $168.6 million, or $1.67 per diluted share, up from $135.2 million, or $1.42, a year earlier. Excluding a $8.2 million net gain on Visa Class B-2 stock exchange and sale of investment securities, and $755 thousand of merger related expenses, net income was $162.7 million, or $1.62 per share, up 20.4% and 14.1% respectively, while net interest income rose 23.5% from a year earlier. The Stellar Bancorp merger was completed on July 1, 2026, after the quarter ended.
Key points
- Net income of $168.6 million and diluted EPS of $1.67 for Q2 2026, versus $135.2 million and $1.42 for Q2 2025
- Excluding non-recurring items, net income was $162.7 million and EPS was $1.62, up 20.4% and 14.1% year over year
- Net interest income was $330.6 million, up 23.5%, and net interest margin was 3.47% versus 3.18% a year earlier
- Stellar Bancorp merger completed July 1, 2026; total assets were $43.873 billion at June 30, 2026; third quarter dividend of $0.60 per share payable October 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 July 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.