Every material Form 8-K Prosperity Bancshares filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Prosperity Bancshares reported third quarter 2025 net income of $137.6 million, or $1.45 per diluted share, up from $127.3 million, or $1.34 per share, a year earlier. The results were driven mainly by higher net interest income, and the board approved a fourth quarter dividend of $0.60 per share, up from $0.58.
Q3 2025 net income of $137.6 million, up $10.3 million or 8.1% from the same quarter in 2024; diluted EPS of $1.45 versus $1.34
Net interest margin rose to 3.24% from 2.95% a year earlier; net interest income before provision was $273.4 million
Fourth quarter 2025 dividend raised to $0.60 per share from $0.58, payable January 2, 2026 to holders of record as of December 15, 2025
Prosperity Bancshares reported second quarter 2025 net income of $135.2 million, up 21.1% from a year earlier, with diluted EPS of $1.42, up 21.4%. The company also announced a definitive merger agreement to acquire American Bank Holding Corporation in an all-stock deal valued at approximately $321.5 million, which shareholders should weigh against the expected dilution from issuing 4,439,981 new shares.
Q2 2025 diluted EPS was $1.42 versus $1.17 in Q2 2024; net interest margin rose to 3.18% from 2.94%.
Total deposits fell $459.7 million, or 1.6%, year over year to $27.473 billion at June 30, 2025.
American Bank Holding deal: 4,439,981 Prosperity shares, valued at about $321.5 million at the July 16, 2025 closing price of $72.40; closing expected in Q4 2025 or Q1 2026, subject to regulatory and American shareholder approvals.
Board declared a third quarter 2025 cash dividend of $0.58 per share, payable October 1, 2025.
Prosperity Bancshares reported first quarter 2025 results on April 23, 2025, with net income of $130.2 million, up 17.9% from a year earlier, and diluted earnings per share of $1.37, up 16.1%. The filing attributes the year-over-year increase primarily to higher net interest income, partly offset by higher salaries and benefits and income taxes. Compared with the fourth quarter of 2024, net income was roughly flat, and the company declared a second quarter 2025 dividend of $0.58 per share.
Diluted EPS of $1.37 versus $1.18 in first quarter 2024, an increase of 16.1%
Net income of $130.2 million versus $110.4 million a year earlier; $130.1 million in fourth quarter 2024
Net interest margin of 3.14% versus 2.79% in first quarter 2024; net interest income of $265.4 million, up 11.4%
Second quarter 2025 cash dividend of $0.58 per share, payable July 1, 2025, to holders of record as of June 13, 2025
On April 15, 2025, Prosperity Bancshares entered into a three-year employment and change in control agreement with Kevin J. Hanigan, its President and Chief Operating Officer. The agreement sets a base salary of $1,092,865 and provides severance terms, including enhanced payments if he is terminated within a window around a change in control.
Agreement dated April 15, 2025; initial three-year term with automatic one-year renewals unless either party gives 60 days' notice
Annual base salary of $1,092,865, subject to increase but not decrease; bonuses at the Company's sole discretion
Change in control severance: three times base salary plus three times average annual bonus for the prior two years, if terminated without Cause or for Good Reason from six months before to twelve months after a change in control
Prosperity Bancshares reported fourth quarter 2024 net income of $130.1 million, or $1.37 per diluted share, up from $95.5 million, or $1.02 per share, a year earlier. The company said the increase was mainly due to higher net interest income and a lower FDIC special assessment, partly offset by higher salaries and benefits. The filing also approved a 2025 stock repurchase program covering up to 5% of outstanding common stock.
Q4 2024 net income $130.1 million, up 36.2% from $95.5 million in Q4 2023
Diluted EPS $1.37 versus $1.02 a year earlier, an increase of 34.3%
Net interest margin (tax equivalent) 3.05%, up from 2.75% in Q4 2023
2025 stock repurchase program covers up to about 4.8 million shares, or 5% of common stock, through January 21, 2026
Prosperity Bancshares entered a Third Amended and Restated Employment Agreement with Chairman H.E. Timanus, Jr. on January 21, 2025. The main change is that change-in-control severance now requires a qualifying termination within a window from six months before to 18 months after a change in control, and it adds a bonus-based component.
Agreement dated January 21, 2025, replaces the prior agreement, which paid three times base salary on a change in control without a termination requirement
Under the new terms, severance of three times base salary and three times average annual bonus applies only on termination for Good Reason or without Cause, within six months before to 18 months after a change in control
Outstanding restricted stock vests upon a change in control, and the agreement permits personal investments in a competing business that do not interfere with his duties
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Prosperity Bancshares filing is on SEC EDGAR ↗. 8-K briefs of other companies →