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ClosedPublished 1 Jul 2026

Prosperity Bancshares, Inc. /
Stellar Bancorp, Inc.

Prosperity Bancshares, Inc. and Stellar Bancorp, Inc. Merger

Buy side: Prosperity Bancshares, Inc.
Buy sideProsperity Bancshares, Inc.
Target: Stellar Bancorp, Inc.
TargetStellar Bancorp, Inc.
Prosperity Bancshares, Inc. · 1 Jul 2026Source
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Follow Prosperity Bancshares, Inc. Follow Stellar Bancorp, Inc.
Buy side: Prosperity Bancshares, Inc.
Buy sideProsperity Bancshares, Inc.
Target: Stellar Bancorp, Inc.
TargetStellar Bancorp, Inc.
01 / BuyerProsperity Bancshares, Inc.
02 / TargetStellar Bancorp, Inc.
Source for the buyer and target: Prosperity Bancshares, Inc.

For the buyer and target.

“Effective July 1, 2026 (the “Closing Date”), Prosperity Bancshares, Inc. (“Prosperity” or the “Company”) completed its previously announced acquisition of Stellar Bancorp, Inc., a Texas corporation (“Stellar”), pursuant to the Agreement and Plan of Merger, dated as of January 27, 2026 (the “Merger Agreement”), by and between Prosperity and Stellar.”

Published 1 Jul 2026

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01

What happened

The transaction took effect on July 1, 2026. Stellar Bancorp, Inc. merged into Prosperity Bancshares, Inc., which continued as the surviving corporation. [01]

Consideration included approximately $590 million in cash and 19 million shares of Prosperity Common Stock. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Prosperity Bancshares, Inc.

Prosperity Bancshares, Inc. and Stellar Bancorp, Inc. Merger

This document is the source for the companies, stage, figure and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Closed

    “Prosperity Bancshares, Inc. and Stellar Bancorp, Inc. Merger The transaction took effect on July 1, 2026”

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  2. Published by Prosperity Bancshares, Inc.

    The source this page is built from.

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04

Deal Web

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Deal Web · 2 firms · 0 peopleHover a name to see how it connects
This dealProsperity Bancshares, Inc. / Stellar Bancorp, Inc.Closed · Published 1 Jul 2026
BuyerProsperity Bancshares, Inc.TargetStellar Bancorp, Inc.
This dealProsperity Bancshares, Inc. / Stellar Bancorp, Inc.

Closed · Prosperity Bancshares, Inc. / Stellar Bancorp, Inc. deal (Closed, published 1 Jul 2026).

Closed 1 Jul 2026
Timeline
  1. Closed
  2. Published by Prosperity Bancshares, Inc.
Hover or tap a name to see how it connects, and when
Deal Web as a list