StocksMedium•28 October 2026•
1 min read
Prosperity Bancshares Rises on Q3 Earnings Growth and Dividend Hike
Key Facts
1The company reported net income of $141.5 million and diluted earnings per share of $1.18 for the third quarter of 2026.
2Net interest margin increased 26 basis points to 3.73% compared to the second quarter of 2026.
3The board approved a 6.67% dividend increase to $0.64 per share for the fourth quarter of 2026.
Prosperity Bancshares reported net income of $141.5 million and diluted earnings per share of $1.18 for the third quarter of 2026, PR Newswire reported. The company's board approved a 6.67% dividend increase to $0.64 per share for the fourth quarter of 2026.
The financial results showed a net interest margin expansion of 26 basis points to 3.73% compared to the second quarter of 2026, marking the first full quarter following the merger with Stellar Bancorp. PB closed at $69.64 on October 27, 2026, with the session seeing a high of $70.06 and a low of $69.24.