Prosperity Bancshares Is Set to Acquire Stellar Bank. Here's What Investors Need to Know.
Yahoo Finance·2026-01-29 05:20

The wave of bank mergers and acquisitions continued today. Prosperity Bancshares (NYSE: PB) announced an agreement to acquire Stellar Bancorp (NYSE: STEL), creating a 54billion−assetbankwithastrongpresenceinthefast−growingHouston,Texasmarket.Wheretoinvest54 billion-asset bank with a strong presence in the fast-growing Houston, Texas market. Where to invest 1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Prosperity Bancshares will pay roughly $2 billion to acquire Stellar in a part-cash ...