Prosperity Bancshares amends Form 8-K with pro forma financials for Stellar deal
PB•Amended filing updates pro forma financials for Stellar acquisition
Prosperity Bancshares filed an amended current report to update unaudited pro forma financials for its Stellar Bancorp acquisition.
- The deal closed July 1, 2026; Stellar holders received 0.3803 Prosperity shares, $11.36 cash per share, and cash for fractions.
- Pro forma purchase price totaled $1.99 billion, including $578.7 million cash, $1.41 billion stock, and $63 million estimated transaction costs.
- Pro forma combined assets were $54.19 billion at March 31, 2026; deposits were $41.61 billion.
- Pro forma net income was $656.32 million for 2025; basic EPS was $5.74.
