U.S. markets closed

Prosperity Bancshares, Inc. (PB)

NYSE - Nasdaq Real Time Price. Currency in USD
Add to watchlist
76.46+1.24 (+1.65%)
At close: 4:00PM EDT

76.46 0.00 (0.00%)
After hours: 4:19PM EDT

Prosperity Bancshares, Inc.

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

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees3,756

Key Executives

NameTitlePayExercisedYear Born
Mr. David E. ZalmanSr. Chairman & CEO3.22MN/A1957
Mr. H. E. Timanus Jr.Chairman1.42MN/A1945
Mr. Kevin J. HaniganPres, COO & Director2.31MN/A1957
Mr. Asylbek OsmonovChief Financial Officer564.56kN/A1981
Mr. Edward Z. SafadyAdvisory Director & Vice Chairman1.42MN/A1958
Ms. Charlotte M. Rasche J.D.Exec. VP & Gen. CounselN/AN/A1965
Ms. Lori WakefieldSr. VP of Prosperity BankN/AN/AN/A
Mr. Mike ReavesSr. VP of Prosperity BankN/AN/AN/A
Mr. Denny W. BuchananSr. VP of Prosperity BankN/AN/AN/A
Mr. Robert J. DowdellExec. VPN/AN/A1957
Amounts are as of December 31, 2020 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 businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts; and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate 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, as well as loans for working capital, business expansion, and purchase of equipment and machinery. 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, 2020, the company operated 275 full-service banking locations comprising 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 65 in the Dallas/Fort Worth, Texas area; 22 in the East Texas area; 29 in the Central Texas area, including 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, as well as 42 locations in the Dallas/Fort Worth area doing business as LegacyTexas Bank. 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, 2021 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 9; Compensation: 4.

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.