Prosperity Bancshares acquired Stellar Bancorp, Inc. (Stellar Bank) for $2.0 billion, a transaction announced in January 2026.
Announced a definitive agreement to acquire Houston-based Stellar Bancorp (52 offices), a deal valued at approximately $2.00 billion that would make Prosperity the largest Texas-based bank in the Houston deposit market; the merger is pending regulatory and shareholder approval.
Announced a definitive agreement to acquire Houston-based Stellar Bancorp (52 offices), a deal valued at approximately $2.00 billion that would make Prosperity the largest Texas-based bank in the Houston deposit market; the merger is pending regulatory and shareholder approval.
As a result, we view the transaction as a low-risk combination that significantly enhances our Texas footprint.
Advisory firms were not disclosed for this transaction.