Jan. 6 at 1:24 PM
$PB just doubled down on Texas — and it’s not a small move.
Prosperity Bancshares closed a
$321.5M all-stock buyout of American Bank, adding
$2.3B in deposits and 18 branches to deepen its Texas footprint. Bigger scale, broader reach, and more local presence in one shot. 📈
Full breakdown of the deal here 👉 https://www.zacks.com/stock/news/2812347/pb-completes-american-bank-buyout-expands-texas-footprint?cid=sm-stocktwits-2-2812347-teaser-27448&ADID=SYND_STOCKTWITS_TWEET_2_2812347_TEASER_27448