# PROSPERITY BANCSHARES INC (PB) — capital_raise/atm_program [completed]
Source: SEC API (secapi.ai) · situation sit_011a7361f1bd6ffdf23d · retrieved 2026-08-11T16:04:51.891Z

## Overview
Prosperity Bancshares, Inc. is a $43.873 billion Houston, Texas-based regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma.

On July 1, 2026, Prosperity Bancshares completed the merger of Stellar Bancorp, Inc. and its subsidiary Stellar Bank into Prosperity Bancshares and Prosperity Bank, respectively. Pursuant to the merger agreement, Prosperity Bancshares issued 19,371,499 shares of its common stock plus approximately $578.66 million in cash as consideration for all outstanding shares of Stellar common stock. Stellar Bank operated 52 banking offices in Houston, Beaumont, East Texas, and Dallas, Texas, and had total assets of $10.413 billion, total loans of $7.510 billion, and total deposits of $8.716 billion as of June 30, 2026.

## Terms
- Counterparty: Stellar Bancorp, Inc. · Deal value: $578.7M · Consideration: mixed

## Key dates
- Completed 2026-07-01

## Timeline
- 2026-07-29 · 8-K (0001193125-26-322053): 8-K - PROSPERITY BANCSHARES INC — *Prosperity Bancshares, Inc. is a $43.873 billion Houston, Texas-based regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma.* On July 1, 2026, Prosperity Bancshares completed the merger of Stellar Bancorp, Inc. and its subsidiary Stellar Bank into Prosperity Bancshares and Prosperity Bank, respectively. Pursuant to the merger agreement, Prosperity Bancshares issued 19,371,499 shares of its common stock plus approximately $578.66 million in cash as consideration for all outstanding shares of Stellar common stock. Stellar Bank operated 52 banking offices in Houston, Beaumont, East Texas, and Dallas, Texas, and had total assets of $10.413 billion, total loans of $7.510 billion, and total deposits of $8.716 billion as of June 30, 2026.
  https://www.sec.gov/Archives/edgar/data/1068851/0001193125-26-322053.txt

## Citations
- 0001193125-26-322053 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526322053