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Prosperity Bancshares, Inc.® And Stellar Bancorp, Inc. Announce Merger

ReutersJan 28, 2026 11:44 AM

- Prosperity Bancshares Inc PB.N:

  • PROSPERITY BANCSHARES, INC.® AND STELLAR BANCORP, INC. ANNOUNCE MERGER

  • PROSPERITY BANCSHARES INC: TOTAL DEAL CONSIDERATION WAS VALUED AT APPROXIMATELY $2.002 BILLION

  • PROSPERITY BANCSHARES: UNDER TERMS CO WILL ISSUE 0.3803 SHARES OF COMMON STOCK AND $11.36 IN CASH FOR EACH OUTSTANDING SHARE OF STELLAR COMMON STOCK

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