Key Highlights

• Prosperity Bancshares' $0.60 quarterly Dividend trades ex-date and Record Date September 15, 2026, payable October 1, yielding approximately 3.31%.

• The dividend extends a 26-year streak of consecutive annual increases.

• Second-quarter Net Income rose to $168.583 million, or $1.67 diluted EPS, up 20.4% year over year, with net interest Margin expanding to 3.47%.

• The company completed its Merger with Stellar Bancorp on July 1, 2026, pushing pro forma Assets above $53 billion from $38 billion a year earlier.

Prosperity Bancshares' (NYSE:PB) $0.60 quarterly dividend trades ex-date and record date September 15, payable October 1. Net income rose 20.4% to $168.583 million, and net interest margin expanded to 3.47%, ahead of the July 1 completion of the company's merger with Stellar Bancorp, which raised pro forma assets above $53 billion from $38 billion.

Dividend Program and Shareholder Returns

Prosperity Bancshares declared a $0.60 per share quarterly dividend, payable October 1 to shareholders of record and ex-dividend date September 15. The annualized dividend is $2.40 per share, extending a 26-year streak of consecutive annual increases.

About the Company

Prosperity Bancshares is a regional bank Holding Company operating through Prosperity Bank, with a major concentration in Texas and surrounding markets, providing commercial, industrial, commercial-real-estate, residential and consumer lending.

Financial Performance Behind the Payout

Prosperity Bancshares reported second-quarter net income of $168.583 million, or $1.67 diluted EPS, compared with $135.155 million a year earlier, up 20.4%. Excluding an $8.2 million net gain from a Visa Class B-2 stock exchange and merger-related expenses, adjusted net income was $162.7 million, or $1.62 per diluted share, up 14.1%. Net interest income increased to $330.6 million, up 23.5%, while tax-equivalent net interest margin improved to 3.47%, 29 basis points above Q2 2025. At June 30, total assets were approximately $43.9 billion, and the CET1 ratio was 15.94%.

Stellar Bancorp Merger

Prosperity completed its merger with Stellar Bancorp effective July 1, 2026, bringing pro forma assets above $53 billion, up from $38 billion a year earlier.

Outlook

Deposit retention and integration costs following the Stellar merger, continued margin-expansion trends, and capital-ratio trajectory as the combined Balance Sheet scales are the items management flagged as relevant for tracking through the integration period.