Home > World > BRIEF-Prosperity Bancshares, Inc.® To Acquire Southwest Bancshares, Inc. In San Antonio, Texas

BRIEF-Prosperity Bancshares, Inc.® To Acquire Southwest Bancshares, Inc. In San Antonio, Texas

Last Updated: October 1, 2025 16:12:17 IST

Oct 1 (Reuters) – Prosperity Bancshares Inc: * PROSPERITY BANCSHARES, INC.® TO ACQUIRE SOUTHWEST BANCSHARES, INC. IN SAN ANTONIO, TEXAS * PROSPERITY BANCSHARES INC – TOTAL CONSIDERATION WAS VALUED AT APPROXIMATELY $268.9 MILLION * PROSPERITY BANCSHARES : UNDER TERMS , PROSPERITY WILL ISSUE 4.1 MILLION SHARES OF COMMON STOCK * PROSPERITY BANCSHARES – INTERIM CHAIRMAN, PRESIDENT AND CEO OF SOUTHWEST, WILL JOIN BOARD OF DIRECTORS OF PROSPERITY BANK Source text: Further company coverage:

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