Jan 28 (Reuters) - Prosperity Bancshares (PB.N), opens new tab will buy rival Stellar Bancorp (STEL.N), opens new tab in a $2 billion cash-and-stock deal, the banks said on Wednesday, creating a mega ...
Houston, Texas-based Prosperity Bancshares will acquire Houston, Texas-based Stellar Bancorp to create a $54 billion asset bank. The deal is valued at approximately $2 billion and implies a share ...
Prosperity Bancshares agreed to acquire Stellar Bancorp in a deal valued at around $2 billion that would create the second-largest bank by deposits headquartered in Texas. Prosperity will issue 0.3803 ...
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As per the agreement, Prosperity will pay 0.3803 shares of its common stock plus $11.36 in cash for each share of Stellar common stock. Based on Prosperity's closing price of $72.90 on January 27, ...
HOUSTON, Jan. 28, 2026 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and Stellar Bancorp, Inc ...
For much of the past 20 years emerging markets (EMs) have seemed doomed never to emerge. The world’s up-and-coming economies were supposed to offer daredevil investors a shot at outsize returns: the ...
Jan 28 (Reuters) - Prosperity Bancshares ‌will buy rival Stellar Bancorp in ‌a $2 billion cash-and-stock deal, the banks said on Wednesday, creating a mega Texas-focused lender and highlighting rapid ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Prosperity is continuing its ...
Stellar Bancorp shares climbed after Prosperity Bancshares said it would acquire the company for about $2 billion. The stock rose 11% to $36.20 on Wednesday, at one point hitting a 52-week high of $36 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Prosperity Bancshares Inc. CEO ...
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