Prosperity Bancshares acquired American Bank Holding Corporation (American Bank, N.A.) for $321.5 million, a transaction announced in January 2026.
Acquired the Corpus Christi-based parent of American Bank, N.A., a $2.5 billion-asset franchise with 18 South and Central Texas offices; total consideration was valued at approximately $321.5 million at announcement (4,439,981 shares).
Acquired the Corpus Christi-based parent of American Bank, N.A., a $2.5 billion-asset franchise with 18 South and Central Texas offices; total consideration was valued at approximately $321.5 million at announcement (4,439,981 shares).
We have followed American Bank closely for more than two decades and have tremendous respect for the bank and for the people that have contributed to its success.
Advisory firms were not disclosed for this transaction.