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The latest announcement is out from Prosperity Bancshares ( (PB) ).
On January 21, 2025, Prosperity Bancshares and Prosperity Bank amended their employment agreement with H.E. Timanus, Jr., updating terms related to a Change in Control. The new agreement outlines specific conditions and compensation for Mr. Timanus, including cash payments and stock vesting, should his employment be terminated under certain circumstances linked to a Change in Control.
More about Prosperity Bancshares
Prosperity Bancshares, Inc. operates within the financial services industry, primarily providing banking products and services through its subsidiary, Prosperity Bank. The company focuses on traditional banking services, catering to individual and corporate clients.
YTD Price Performance: 6.31%
Average Trading Volume: 505,379
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.56B
See more insights into PB stock on TipRanks’ Stock Analysis page.
