Strong Net Income Growth
Net income for Q2 2025 was $135 million, an increase of $23 million or 21% compared to the same period in 2024. Earnings per share also increased by 21%.
Improved Net Interest Margin
The net interest margin on a tax-equivalent basis was 3.18% for Q2 2025, up from 2.94% for the same period in 2024.
Pending Merger with American Bank
Prosperity Bancshares entered into a definitive agreement to merge with American Bank Holding Company, enhancing presence in South and Central Texas.
Commercial Loan Growth
Core commercial loans increased by $73 million or 2.4% annualized in the second quarter.
Efficiency Ratio Improvement
The efficiency ratio improved to 44.8% for the quarter, down from 51.8% in the same period in 2024.