Prosperity Bancshares (PB) reported third-quarter 2026 net income of $141.5 million, or $1.18 per diluted common share, for the quarter ended September 30. Net income was $137.6 million and diluted EPS was $1.45 in the prior-year quarter.
The Houston-based bank completed its merger with Stellar Bancorp on July 1. Total assets reached $54.1 billion at September 30, while loans totaled $32.1 billion and deposits were $41.2 billion.
- Net interest income was $443.0 million, up 62.0% from $273.4 million a year earlier.
- Noninterest income totaled $52.7 million, while noninterest expense was $308.6 million, including $69.7 million of merger-related expenses.
- Net interest margin was 3.73%, up from 3.24% in the third quarter of 2025.
- The board raised the fourth-quarter cash dividend by $0.04 to $0.64 per share, payable January 4, 2027.
- Prosperity repurchased about 457,000 shares for $31.8 million during the quarter.
$PB Insider Trading Activity
$PB insiders have traded $PB stock on the open market 122 times in the past 6 months. Of those trades, 0 have been purchases and 122 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 121 sales selling 28,600 shares for an estimated $2,021,149.
- 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 269 institutional investors add shares of $PB stock to their portfolio, and 167 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,294,584 shares (+inf%) to their portfolio in Q2 2026, for an estimated $94,543,469
- GOLDMAN SACHS GROUP INC added 1,236,589 shares (+125.5%) to their portfolio in Q2 2026, for an estimated $90,308,094
- NORTH REEF CAPITAL MANAGEMENT LP removed 977,877 shares (-88.3%) from their portfolio in Q2 2026, for an estimated $71,414,357
- BLACKROCK, INC. added 858,329 shares (+9.2%) to their portfolio in Q2 2026, for an estimated $62,683,766
- VICTORY CAPITAL MANAGEMENT INC removed 793,219 shares (-86.2%) from their portfolio in Q2 2026, for an estimated $57,928,783
- DEPRINCE RACE & ZOLLO INC added 758,260 shares (+inf%) to their portfolio in Q3 2026, for an estimated $50,204,394
- NORGES BANK added 735,795 shares (+135.1%) to their portfolio in Q2 2026, for an estimated $53,735,108
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.
