Prosperity Bancshares Is Set to Acquire Stellar Bank. Here's What Investors Need to Know.

The wave of bank mergers and acquisitions continued today. Prosperity Bancshares (NYSE: PB) announced an agreement to acquire Stellar Bancorp (NYSE: STEL), creating a $54 billion-asset bank with a strong presence in the fast-growing Houston, Texas market. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Prosperity Bancshares will pay roughly $2 billion to acquire Stellar in a part-cash ...