Prosperity Bancshares S-4/A for Merger with Stellar Bancorp

Prosperity Bancshares has completed the acquisition of Stellar Bancorp, a banking business in Texas, for $2.0 billion. Prosperity Bancshares acquisitions expand its financial services footprint by adding Stellar Bancorp’s retail and commercial banking operations in the Houston, Texas market. The Stellar Bancorp acquisition supports merger acquisition goals for deposit growth, lending capacity, and broader customer coverage across TX. The strategic acquisition is part of financial services M&A and merger acquisition activity by a strategic buyer, with the proposed securities offering tied to completion of the merger.