Prosperity Bancshares (PB) reported second-quarter 2026 net income of $168.6 million, or $1.67 per diluted common share, compared with $135.2 million, or $1.42 per diluted common share, for the same period in 2025. Net interest income before provision for credit losses was $330.6 million, up 23.5% year over year.
The company completed the Stellar Bancorp merger on July 1, 2026, after completing the American Bank Holding and Southwest Bancshares acquisitions earlier in 2026. Prosperity also declared a third-quarter cash dividend of $0.60 per share.
- Net interest margin was 3.47% for the second quarter, compared with 3.18% a year earlier.
- Total assets were $43.873 billion at June 30, 2026, up 14.2% from June 30, 2025.
- Total deposits were $32.600 billion, including $10.740 billion of noninterest-bearing deposits.
- Nonperforming assets totaled $130.6 million, or 0.34% of quarterly average interest-earning assets.
- Share repurchases totaled about 200 thousand shares in the second quarter and 1.04 million shares for the first six months of 2026.
- Stellar Bancorp reported $10.413 billion in assets, $7.510 billion in loans and $8.716 billion in deposits as of June 30, 2026, before the completed merger.
$PB Insider Trading Activity
$PB insiders have traded $PB stock on the open market 121 times in the past 6 months. Of those trades, 0 have been purchases and 121 have been sales.
Here’s a breakdown of recent trading of $PB stock by insiders over the last 6 months:
- NED S HOLMES has made 0 purchases and 116 sales selling 28,600 shares for an estimated $2,002,354.
- PERRY JR MUELLER has made 0 purchases and 4 sales selling 22,000 shares for an estimated $1,606,413.
- ROBERT H STEELHAMMER sold 1,500 shares for an estimated $104,250
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$PB Hedge Fund Activity
We have seen 225 institutional investors add shares of $PB stock to their portfolio, and 172 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BARROW HANLEY MEWHINNEY & STRAUSS LLC added 3,625,977 shares (+276.6%) to their portfolio in Q1 2026, for an estimated $243,593,134
- AQR CAPITAL MANAGEMENT LLC added 1,722,429 shares (+37.4%) to their portfolio in Q1 2026, for an estimated $115,712,780
- AZORA CAPITAL LP added 936,043 shares (+inf%) to their portfolio in Q1 2026, for an estimated $62,883,368
- BOSTON PARTNERS removed 663,988 shares (-90.2%) from their portfolio in Q1 2026, for an estimated $44,606,713
- NORTH REEF CAPITAL MANAGEMENT LP added 662,877 shares (+149.0%) to their portfolio in Q1 2026, for an estimated $44,532,076
- BLACKROCK, INC. added 464,967 shares (+5.2%) to their portfolio in Q1 2026, for an estimated $31,236,483
- MORGAN STANLEY removed 453,544 shares (-12.3%) from their portfolio in Q1 2026, for an estimated $30,469,085
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
