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Stock impact report

PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH SOUTHWEST BANCSHARES, INC. [Yahoo! Finance]

Prosperity Bancshares, Inc. (PB) 
Last prosperity bancshares, inc. earnings: 4/29 06:30 am Check Earnings Report
US:NYSE Investor Relations: prosperitybankusa.com/press.aspx
Company Research Source: Yahoo! Finance
the completion of the merger of Southwest Bancshares, Inc. ("Southwest") with and into Prosperity and the merger of Southwest's wholly owned subsidiary, Texas Partners Bank ("Texas Partners"), headquartered in San Antonio, Texas, with and into Prosperity Bank, all effective on February 1, 2026. Under the terms of the merger agreement between Prosperity and Southwest, Prosperity issued 4,095,397 shares of Prosperity common stock to the former shareholders and award holders of Southwest. Brent Given, Texas Partners Interim Chairman, President and Chief Executive Officer, will join Prosperity Bank as San Antonio Area Chairman, and Tom Moreno, Texas Partners Chief Operating Officer, will have a senior management position in Prosperity Bank's operations. Additional members of Texas Partners management will maintain leadership roles in the combined organization. In addition, Gene Dawson, Jr., Interim Chairman, President and Chief Executive Officer of Southwest, has joined the Board of D Show less Read more
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