PB - Prosperity Bancshares, Inc.

NYSE - Nasdaq Real Time Price. Currency in USD

Prosperity Bancshares, Inc.

Prosperity Bank Plaza
4295 San Felipe
Houston, TX 77027
United States
281-269-7199
http://www.prosperitybankusa.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees3,017

Key Executives

NameTitlePayExercisedYear Born
Mr. David E. ZalmanChairman & CEO2.1MN/A1957
Mr. H. E. Timanus Jr.Vice Chairman973.88kN/A1945
Mr. Edward Z. SafadyPres880.47kN/A1958
Mr. David Hollaway CPAExec. VP & CFO932.78kN/A1956
Ms. Charlotte M. Rasche J.D.Exec. VP & Gen. CounselN/AN/A1965
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides retail and commercial banking services to small and medium-sized businesses, and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts. The company also offers 1-4 family residential mortgage, commercial mortgage and multifamily residential, commercial and industrial, agricultural real estate, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans. In addition, it provides Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services, as well as debit and credit cards. As of December 31, 2017, the company operated 242 full service banking locations comprising 65 in the Houston area, including The Woodlands; 29 in the South Texas area consisting of Corpus Christi and Victoria; 33 in the Dallas/Fort Worth area; 22 in the East Texas area; 29 in the Central Texas area comprising Austin and San Antonio; 34 in the West Texas area, including Lubbock, Midland-Odessa and Abilene; 16 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area. Prosperity Bancshares, Inc. was founded in 1983 and is based in Houston, Texas.

Corporate Governance

Prosperity Bancshares, Inc.’s ISS Governance QualityScore as of April 1, 2018 is 7. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 7; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.