Prosperity Bancshares, Inc. (PB) NYSE

68.65

+1.235(+1.83%)

Updated at June 02 04:00PM

Currency In USD

Prosperity Bancshares, Inc.

Address

Prosperity Bank Plaza

Houston, TX 77027

United States of America (the)

Phone

281 269 7199

Sector

Financial Services

Industry

Banks - Regional

Employees

3898

First IPO Date

November 12, 1998

Key Executives

NameTitlePayYear Born
David E. ZalmanSenior Chairman & Chief Executive Officer3.22M1957
Charlotte RascheExecutive Vice President & General Counsel725,2801965
Asylbek OsmonovChief Financial Officer826,1311981
John Mays DavenportExecutive Vice President & Director of Corporate Strategy914,5121968
Edward Z. SafadyAdvisory Director & Senior Vice Chairman1.5M1958
Timanus Jr.Chairman of the Board1.59M1945
Kevin J. HaniganPresident, Chief Operating Officer & Director2.41M1957
Annette L. TrippSenior Vice President & Associate General Counsel0N/A
Cullen D. ZalmanExecutive Vice President of­ Banking & Corporate Activities0N/A
Perry JohnsonPresident of Camp Wisdom Banking Center0N/A
Robert J. DowdellExecutive Vice President01957

Description

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. As of December 31, 2021, the company operated 273 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 63 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area doing business as LegacyTexas Bank. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.