Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc.

Overview
Date Founded

1983

Headquarters

Prosperity Bank Plaza,4295 San Felipe Street,Houston, TX 77027-4407

Type of Company

Public

Employees (Worldwide)

3,017

Industries

Retail & Commercial Banking
Accounting & Financial Services
Consumer Finance
Holding Companies

Company Description

Prosperity Bancshares, Inc. is a holding company, which engages in the provision of financial products and solutions. It offers retail and commercial banking services such as deposits, online Internet banking, loan services, investments, trust, and credit card to small and medium-sized businesses and consumers. The company was founded by Tracy T. Rudolph in 1983 and is headquartered in Houston, TX.

Contact Data
Trying to get in touch with decision makers at Prosperity Bancshares, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Chairman

President & Chief Operating Officer

Chief Financial Officer

Executive Vice President, General Counsel, Senior Executive Vice President & General Counsel of the Bank

Executive Vice President & Chief Information Officer

Chief Lending Officer & Executive Vice President

Area Chairman, West Texas

Senior Chairman, Central Oklahoma

Chairman, Central Oklahoma

Area Chairman, Houston

Board of Directors

Chairman at Prosperity Bancshares, Inc.

Partner at Bracewell LLP

Chairman & Chief Executive Officer at Ned S. Holmes Investments, Inc.

Former Vice Chairman & Chief Executive Officer at Legacy Texas Group

Former Partner at Steelhammer & Miller PC

Treasurer at Jackson County Master Gardener Association

President & Chief Operating Officer at Prosperity Bancshares, Inc.

President at Petro-Hunt LLC

Of Counsel at Duckett, Bouligny & Collins LLP

Paths to Prosperity Bancshares, Inc.
Potential Connections via
Relationship Science
You
Prosperity Bancshares, Inc.
Owners & Shareholders
Details Hidden

Atlanta Capital offers investment advisory services in a variety of equity, fixed income and mixed-asset strategies. In-depth bottom-up fundamental analysis is the primary basis for their investment decision making process. The firm seeks to achieve above-average long-term risk adjusted returns through emphasis on high quality equity or debt instruments judged by Atlanta Capital to have unrecognized value or investment potential. For equities, high quality is generally measured by a company’s demonstrated history of consistent growth and stability in earnings. For debt instruments, high quality typically relates to the probability of repayment (credit risk) and the predictability of when principal repayment will occur (stability of cash flow).

Details Hidden

CIP aims to generate attractive returns with less risk than the overall market by offering institutional separate accounts and pooled investment vehicles, including mutual funds, commingled funds, and a collective investment fund in both US small-cap and mid-cap equity strategies as well as emerging markets all-cap and small-cap equity strategies. The portfolio is comprised of companies that the firm believes have attractive long-term fundamentals, appreciation potential, and valuations.

Details Hidden

PCL’s portfolio managers will perform due diligence analysis on each of the holdings in the equity, fixed income, private investments and other financial instruments that may be used. They will conduct the analysis using publicly available information as well as possible meetings with customers or suppliers of the portfolio companies, site visits or other types of due diligence to gain unique insights into a company’s overall financial strength and potential for future growth.

Recent Transactions
Details Hidden

Prosperity Bancshares, Inc. purchases LegacyTexas Financial Group, Inc.

Details Hidden

Prosperity Bancshares, Inc. purchases Tradition Bancshares, Inc. - Texas

Details Hidden

Prosperity Bancshares, Inc. purchases F&M Bancorp (Oklahoma)

Insider Transactions
Details Hidden
Transaction Advisors
Accountant

Advised onProsperity Bancshares, Inc. purchases FirstCapital Bank, SSB (Corpus Christi, Texas)

Legal Advisor

Advised onProsperity Bancshares, Inc. purchases LegacyTexas Financial Group, Inc.

Investment Advisor

Advised onProsperity Bancshares, Inc. purchases LegacyTexas Financial Group, Inc.

Legal Advisor

Advised onProsperity Bancshares, Inc. purchases American State Financial Corp. (Texas)

Legal Advisor

Advised onProsperity Bancshares, Inc. purchases LegacyTexas Financial Group, Inc.

Legal Advisor

Advised onProsperity Bancshares, Inc. purchases Texas United Bancshares, Inc.

Key Stats and Financials As of 2020
Market Capitalization
$6.37B
Total Enterprise Value
$5.56B
Earnings Per Share
$5.68
Revenue
$1.28B
Net Profit
$529M
Total Equity
$6.13B
Enterprise Value / Sales
4.34x
TEVNet Income
10.51x
Debt TEV
0.08x
Total Debt
$447M
Three Year Compounded Annual Growth Rate Of Revenue
18.82%
Investors
Details Hidden

Partner at Dorsey & Whitney LLP

Suppliers
Raymond James Financial, Inc. Investment Banking & Brokerage | St. Petersburg, FL

More than a quarter of a century ago, Raymond James Financial Services, Inc. was founded with the mission to help our clients achieve their financial goals and dreams. We accomplish this through a comprehensive review of our clients’ investment objectives, combined with a conservative, long-term approach to asset allocation and a selection of superior financial products and services. It is this commitment to excellence that has made Raymond James Financial Services one of the nation’s premier investment management firms

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Prosperity Bancshares, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Prosperity Bancshares, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Prosperity Bancshares, Inc..