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Overview
Prosperity Bancshares is a financial holding company headquartered in Houston, Texas. It was founded in 1983 with the establishment of Prosperity Bank, its main subsidiary. The company offers a range of banking and financial services to individuals and businesses through its network of 240+ branches located primarily in Texas and Oklahoma. The company's core services include commercial and consumer banking, mortgage loans, treasury management, and personal and business wealth management. It also provides online and mobile banking options for customer convenience. Prosperity Bancshares has consistently grown through acquisitions since its inception, expanding its presence in new markets and increasing its total assets. As of December 31, 2020, the company's total assets were over $35 billion. The company is publicly traded on the New York Stock Exchange under the ticker symbol "PB" and is included in the S&P 500 index. Its success has been recognized by various publications, including Forbes, Fortune, and American Banker, which have all ranked it among the top-performing banks in the US. Prosperity Bancshares prides itself on its strong customer relationships and commitment to community involvement. The company has a long history of supporting local charities and organizations through donations and volunteer efforts. It also provides financial education programs to help individuals and businesses improve their financial literacy. Overall, Prosperity Bancshares is a well-established and reputable financial institution that continues to grow and evolve to meet the needs of its customers.
What is special about the company?
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