Prosperity Bancshares, Inc., the parent company of Prosperity Bank, has completed the merger of American Bank Holding Corporation with and into Prosperity, along with the merger of American's wholly owned subsidiary, American Bank, N.A., into Prosperity Bank. The transaction was effective January 1, 2026. As part of the agreement, Prosperity issued 4,439,981 shares of its common stock to former shareholders and award holders of American. American Bank, previously headquartered in Corpus Christi, Texas, is now fully integrated into Prosperity Bank's operations.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Prosperity Bancshares Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA55510) on January 02, 2026, and is solely responsible for the information contained therein.
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