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The Dallas-based regional bank's return on average assets exceeded its goal of 1.1% for the first time, coming in at 1.3% for the third quarter. The bank has been in transformation mode since 2021.
October 22 -
Houston-based Prosperity will pay $269 million in stock for Southwest Bancshares in San Antonio. The sale comes on the heels of the death of Southwest's founder and chairman.
October 1 -
The San Antonio-based company plans to remain in state borders, but sees opportunity for growth in major markets.
August 1 -
Prosperity Bancshares announced plans to buy Corpus Christi-based American Bank Holding Corp. in an all-stock deal.
July 18 -
Executives believe the Dallas bank will hit its target for improving a key profitability metric later this year, driven by investment and trading fee income.
July 17 -
The Columbus, Ohio-based company plans to acquire Veritex Holdings, which has grown into one of the Lone Star State's biggest commercial banks over the past 15 years.
July 14 -
Seven of the 20 top-performing banks with $2 billion to $10 billion of assets last year were based in Texas. But it's not about being bigger.
July 11 -
The volunteer firefighting crew in Kerr County was the target of impersonation scams on the digital payments platform for donations to relief efforts.
July 7 -
Baton Rouge-based Investar Holding Corp. has agreed to pay $84 million for Wichita Falls Bancshares, which operates five branches in the Dallas-Fort Worth Metroplex.
July 2 -
Texas' SB 1281 introduces harsher penalties — up to life in prison — and targets check fraud as banks report rising financial crimes tied to stolen mail.
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