U.S. Markets open in 5 mins.

Prosperity Bancshares, Inc. (PB)

NYSE - NYSE Delayed Price. Currency in USD
Add to watchlist
60.37-0.04 (-0.07%)
At close: 4:02PM EDT
People also watch
CFRUMBFTCBIBOKFSBSI

Prosperity Bancshares, Inc.

Prosperity Bank Plaza
4295 San Felipe
Houston, TX 77027
United States
713-693-9300
http://www.prosperitybankusa.com

SectorFinancial
IndustryRegional - Southwest Banks
Full Time Employees3,035

Key Executives

NameTitlePayExercisedAge
Mr. David ZalmanChairman & CEO2.1MN/A60
Mr. H. E. Timanus Jr.Vice Chairman, Chairman of Prosperity Bank and Chief Operating Officer of Prosperity Bank973.88kN/A72
Mr. David Hollaway CPACFO, Exec. VP, CFO of Prosperity Bank and Sr. Exec. VP of Prosperity Bank932.78kN/A61
Mr. Michael F. EppsExec. VP and Sr. Exec. VP of Financial Operations & Admin. - Prosperity Bank718.93kN/A65
Ms. Charlotte M. RascheEVP, Gen. Counsel, Sr. EVP of Prosperity Bank and Gen. Counsel of Prosperity BankN/AN/A52
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 a range of retail and commercial banking services to small and medium-sized businesses, and consumers. The company offers various deposit products, including demand, savings, money market, and time accounts. It also provides one to four family residential mortgage loans, commercial mortgage and multifamily residential loans, commercial and industrial loans, agricultural real estate loans, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, such as automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; and consumer durables and home equity loans, as well as debit and credit cards. In addition, the company offers Internet banking and other cash management, mobile banking, trust and wealth management, retail brokerage, mortgage banking, and automated telephone banking services. As of December 31, 2016, it operated 245 full service banking locations, including 65 in the Houston area, including The Woodlands; 29 in the South Texas area consisting of Corpus Christi and Victoria; 36 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. The company was founded in 1983 and is based in Houston, Texas.

Corporate Governance

Prosperity Bancshares, Inc.’s ISS Governance QualityScore as of August 1, 2017 is 10. The pillar scores are Audit: 2; Board: 10; Shareholder Rights: 10; Compensation: 8.

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.