Reports Q1 tangible book value per share $39.00. Reports Q1 CET1 capital ratio 15.78%. Reports Q1 net charge-offs .04%. “We are excited to announce that on April 1, 2024, we completed the merger with Lone Star and its wholly owned subsidiary Lone Star Bank, headquartered in Lubbock, Texas. The operational integration is scheduled for late October 2024, when Lone Star customers will have full access to our 288 full-service locations. We welcome the Lone Star customers and associates to Prosperity and will work hard to win your trust,” said David Zalman, Prosperity’s Senior Chairman and Chief Executive Officer.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PB:
- PROSPERITY BANCSHARES, INC.® REPORTS FIRST QUARTER 2024 EARNINGS
- PB Earnings this Week: How Will it Perform?
- PROSPERITY BANCSHARES, INC.® ANNOUNCES COMMON STOCK DIVIDEND
- PROSPERITY BANCSHARES, INC.® COMPLETES MERGER WITH LONE STAR STATE BANCSHARES, INC.
- Prosperity Bancshares receives regulatory approval for Lone Star acquisition