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PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH SOUTHWEST BANCSHARES, INC.
Prnewswire· 2026-02-02 21:30
Core Viewpoint - Prosperity Bancshares, Inc. has successfully completed the merger with Southwest Bancshares, Inc. and its subsidiary Texas Partners Bank, effective February 1, 2026, enhancing its market presence in Texas [1][2]. Group 1: Merger Details - The merger agreement resulted in Prosperity issuing 4,095,397 shares of common stock to former shareholders and award holders of Southwest [2]. - Texas Partners operates 11 banking offices in Central Texas, including San Antonio, and will continue to use its name until operational integration, expected by November 2026 [4]. Group 2: Management Changes - Brent Given, the Interim Chairman and CEO of Texas Partners, will become the San Antonio Area Chairman at Prosperity Bank, while Tom Moreno will take a senior management role [3]. - Additional Texas Partners management will retain leadership positions within the combined organization, and Gene Dawson, Jr. has joined the Board of Directors of Prosperity Bank [3]. Group 3: Company Overview - As of December 31, 2025, Prosperity Bancshares is a regional financial holding company with assets of $38.463 billion, providing a range of banking services across Texas and Oklahoma [5]. - Prosperity operates 301 full-service banking locations across various regions, including Houston, Dallas/Fort Worth, and Central Texas [6].
National Bank Holdings Corporation Reports Granting of Inducement Awards Under NYSE Listing Rule 303A.08
Globenewswire· 2026-01-30 22:50
Core Points - National Bank Holdings Corporation (NBHC) has granted inducement awards to four new employees as part of its acquisition of Vista Bancshares, Inc. [1] - The inducement awards were made under NBHC's 2026 Inducement Plan and include time-based restricted shares of Class A common stock [2] - The Board of Directors approved the Inducement Plan and the awards on January 22, 2026 [3] Inducement Awards Details - Three of the four new employees received a total of 9,954 time-based restricted shares, which will cliff vest on April 28, 2029 [2] - John Steinmetz, Executive Vice Chair and Executive Managing Director of Strategic Initiatives at NBH Bank, received an inducement award of 12,444 restricted shares, vesting over three years in equal installments [2] Company Overview - National Bank Holdings Corporation aims to build a leading community bank franchise, operating over 100 banking centers across several states [4] - The company serves a diverse clientele, including individual consumers, businesses, and government entities [4] - NBH Bank operates under various brand names in its core footprint, which includes states like Colorado, Texas, and Florida [4]
PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH AMERICAN BANK HOLDING CORPORATION
Prnewswire· 2026-01-02 21:45
Core Viewpoint - Prosperity Bancshares, Inc. has successfully completed the merger with American Bank Holding Corporation, effective January 1, 2026, enhancing its market presence in Texas [1]. Group 1: Merger Details - The merger agreement involved Prosperity issuing 4,439,981 shares of common stock to former shareholders and award holders of American [2]. - American Bank operated 18 banking offices and 2 loan production offices in South and Central Texas, which will continue to operate under the American Bank name until the operational integration scheduled for September 2026 [4]. Group 2: Leadership Changes - Stephen Raffaele, former Director and President of American, has joined Prosperity Bank as South Texas and San Antonio Area Chairman, while Ben Wallace, former Chairman of American Bank, has taken the role of South Texas Senior Chairman [3]. - Additional members of American Bank management will retain leadership roles in the combined organization, and Raffaele along with Patt Hawn Wallace have joined the Board of Directors of Prosperity Bank [3]. Group 3: Company Overview - As of September 30, 2025, Prosperity Bancshares, Inc. is a $38.330 billion regional financial holding company providing a range of banking services across Texas and Oklahoma [5]. - Prosperity operates 283 full-service banking locations across various regions, including 62 in the Houston area and 61 in the Dallas/Fort Worth area [6].
National Bank Holdings Corporation Announces Regulatory Approvals for the Acquisition of Vista Bancshares, Inc.
Globenewswire· 2025-12-23 22:12
Core Viewpoint - National Bank Holdings Corporation (NBHC) has received all necessary regulatory approvals for the merger with Vista Bancshares, Inc. and its subsidiary Vista Bank, with the transaction expected to close on January 7, 2026 [1][2]. Group 1: Merger Details - The merger will add approximately $2.5 billion in assets to NBHC, including $1.9 billion in loans and $2.2 billion in deposits as of September 30, 2025 [3]. - Upon completion, the combined entity will have pro forma assets of approximately $12.6 billion and pro forma deposits of $10.7 billion as of September 30, 2025 [3]. - Vista received shareholder approval for the merger on December 19, 2025 [1]. Group 2: Integration and Planning - NBHC and Vista have been engaged in integration planning since the announcement of the merger [2]. - The systems conversion is scheduled for the third quarter of 2026 [2]. Group 3: Company Overview - National Bank Holdings Corporation operates a network of over 90 banking centers across several states, serving a diverse clientele including individual consumers and businesses [4]. - The company is focused on building a leading community bank franchise and delivering high-quality client service [4].
PROSPERITY BANCSHARES, INC.® INCREASES COMMON STOCK DIVIDEND
Prnewswire· 2025-10-22 10:30
Core Viewpoint - Prosperity Bancshares, Inc. has declared a quarterly common stock dividend of $0.60 per share for Q4 2025, marking a 3.45% increase from the previous quarter [1]. Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with total assets of $38.417 billion as of June 30, 2025, providing personal banking services and investments primarily in Texas and Oklahoma [2]. - The company operates under a community banking philosophy, offering a range of financial solutions including traditional deposit and loan products, digital banking, credit and debit cards, mortgage services, retail brokerage, trust and wealth management, and treasury management [3]. Operational Footprint - Prosperity Bancshares operates 283 full-service banking locations across various regions, including 62 in the Houston area, 33 in South Texas, 61 in the Dallas/Fort Worth area, and others in East, Central, and West Texas, as well as Oklahoma [4].
PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
Prnewswire· 2025-07-16 11:00
Company Overview - Prosperity Bancshares, Inc. is a regional financial holding company based in Houston, Texas, with total assets of $38.765 billion as of March 31, 2025, providing personal banking services and investments to consumers and small to medium-sized businesses in Texas and Oklahoma [2] - Founded in 1983, the company adheres to a community banking philosophy, focusing on customer care and offering a range of financial solutions including traditional deposit and loan products, digital banking, credit and debit cards, mortgage services, retail brokerage, trust and wealth management, and treasury management [3] Operational Footprint - Prosperity operates 283 full-service banking locations across various regions, including 62 in the Houston area, 33 in South Texas, 61 in the Dallas/Fort Worth area, and additional branches in East, Central, and West Texas, as well as in Oklahoma [4] Dividend Announcement - The Board of Directors declared a quarterly common stock dividend of $0.58 per share for the third quarter of 2025, which will be payable on October 1, 2025, to shareholders of record as of September 15, 2025 [1]
National Bank Holdings Corporation Announces 3.4% Increase to Quarterly Dividend
Globenewswire· 2025-04-30 20:10
Core Points - National Bank Holdings Corporation announced a quarterly cash dividend increase of 3.4% from $0.29 to $0.30 per share, payable on June 13, 2025 [1] - Over the past five years, the quarterly dividend per common share has increased by 50%, reflecting the company's strong balance sheet and commitment to shareholder returns [2] Company Overview - National Bank Holdings Corporation is a bank holding company focused on building a community bank franchise with high-quality client service and stakeholder results [3] - The company operates over 85 banking centers across Colorado, Kansas City, Utah, Wyoming, Texas, New Mexico, and Idaho, serving various customer segments including individuals, businesses, and government entities [3] - Its banking operations include multiple brand names under NBH Bank, such as Community Banks of Colorado, Bank Midwest, and Hillcrest Bank, among others [3]