Earnings Releases·Oct 28, 2026, 6:30 AM ET

Prosperity Bancshares, Inc. — Third Quarter 2026 Earnings Summary

Reported net income of $141.5 million ($1.18 diluted EPS) for Q3 2026, a decrease from $137.6 million ($1.45 diluted EPS) in the prior year period; adjusted net income excluding merger expenses and one-time items was $200.8 million ($1.67 diluted EPS).
Total assets grew 41.1% year-over-year to $54.1 billion, driven by three completed mergers (American, Southwest, and Stellar), while net interest income surged 62.0% to $443.0 million and noninterest expense rose 122.6% to $308.6 million due to $69.7 million in merger-related costs.
Management confirmed confidence in future earnings growth as a larger institution, citing strong fundamentals in the Texas and Oklahoma economies and ongoing operational integration of acquired entities.
The Board approved a 6.67% dividend increase to $0.64 per share for Q4 2026, marking the 23rd consecutive annual increase, while the company repurchased 1.5 million shares year-to-date for $102.6 million.