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Prosperity Bancshares completes Texas Partners Bank acquisition

Story Highlights
  • Prosperity Bancshares completed its acquisition of Southwest Bancshares and Texas Partners Bank.
  • The merger expands Prosperity’s Central Texas footprint, retaining Texas Partners’ leaders and branches.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prosperity Bancshares completes Texas Partners Bank acquisition

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Prosperity Bancshares ( (PB) ) just unveiled an announcement.

On February 2, 2026, Prosperity Bancshares announced it had completed the acquisition of Southwest Bancshares, Inc. and the merger of Southwest’s subsidiary, Texas Partners Bank, into Prosperity Bank, effective February 1, 2026. Under the merger agreement, Prosperity issued 4,095,397 shares of its common stock to former Southwest shareholders and award holders, cementing its expansion in Central Texas. The deal brings Texas Partners’ 11 banking offices in San Antonio, Austin and the Hill Country under Prosperity’s umbrella, with those locations retaining the Texas Partners Bank name until operational integration scheduled for November 2026, when customers are expected to gain access to all Prosperity Bank branches. Leadership continuity is being preserved, with Texas Partners executives, including Interim CEO Brent Given and COO Tom Moreno, taking senior roles at Prosperity Bank and Southwest’s interim CEO Gene Dawson, Jr. joining the Prosperity Bank board, signaling a strategic push to deepen Prosperity’s footprint and relationships in the fast-growing San Antonio and Central Texas markets.

The most recent analyst rating on (PB) stock is a Sell with a $68.00 price target. To see the full list of analyst forecasts on Prosperity Bancshares stock, see the PB Stock Forecast page.

Spark’s Take on PB Stock

According to Spark, TipRanks’ AI Analyst, PB is a Neutral.

PB scores well on valuation and earnings-call outlook (improving NIM guidance, capital returns, and strategic expansion), supported by solid underlying profitability and a stable balance sheet. The score is held back by weakening technicals (trading below key moving averages) and mixed recent fundamentals (slight revenue decline and weaker free-cash-flow growth), plus credit and integration risks highlighted on the call.

To see Spark’s full report on PB stock, click here.

More about Prosperity Bancshares

Prosperity Bancshares, Inc. is a Houston-based regional financial holding company with $38.463 billion in assets as of December 31, 2025, providing personal banking services and investment products to consumers and businesses across Texas and Oklahoma. Founded in 1983, it operates 301 full-service banking locations offering traditional deposits and loans alongside digital banking, card services, mortgage lending, retail brokerage, trust and wealth management, and treasury management, with a strong presence in major Texas metros and select Oklahoma markets.

Average Trading Volume: 989,256

Technical Sentiment Signal: Buy

Current Market Cap: $6.56B

Learn more about PB stock on TipRanks’ Stock Analysis page.

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