Merger Agreements and Expansion
Signed a definitive merger agreement with Southwest Bancshares Inc. and pending merger with American Bank Holding Corporation, significantly expanding operations in Texas.
Increased Dividend
Board approved increasing the fourth quarter 2025 dividend to $0.60 per share, reflecting a compound annual growth rate in dividends declared from 2003 to 2025 of 10.7%.
Net Income Growth
Reported net income of $137.6 million for Q3 2025, up from $127.3 million in Q3 2024, an increase of 8.2% in net income per diluted common share.
Improved Net Interest Margin
Net interest margin on a tax-equivalent basis rose to 3.24% for Q3 2025 from 2.95% in Q3 2024, with expectations for continued improvement over the next 24 to 36 months.
Core Deposit Growth
Deposits increased by $308 million or 1.14% annualized from Q2 2025, with no broker deposits.
Strong Operating Metrics
Annualized return on tangible equity was 13.43% and return on assets was 1.44%.