Prosperity Bancshares, Inc. (PB) is a publicly traded company in the Financial Services sector, operating within the Banks - Regional industry. The company is headquartered in Houston, TX, United States. The current CEO is David E. Zalman.
PB has IPO date of 1998-11-12, 3,898 full-time employees, listed on the NYSE, a market capitalization of $6.98B.
Prosperity Bancshares, Inc. is a bank holding company founded in 1983 that operates Prosperity Bank, providing comprehensive financial products and services to businesses and consumers across Texas and Oklahoma. The company accepts various deposit products including demand, savings, money market, and time accounts, and offers a broad range of loans spanning residential mortgages, commercial real estate, commercial and industrial, agricultural, and consumer lending. In addition to traditional banking services, Prosperity Bancshares provides digital banking solutions, trust and wealth management, retail brokerage, mortgage services, treasury management, and payment card services. As of December 31, 2021, the company operated 273 full-service banking locations throughout the region, with significant presence in Houston, Dallas/Fort Worth, Austin, San Antonio, and Oklahoma markets. Based in Houston, Texas, Prosperity Bancshares maintains a diversified geographic footprint across major Texas metropolitan areas and select Oklahoma regions.
