In a sign that the moribund market for initial public offerings may be reviving, Prosperity Bancshares made one Thursday-the first by a bank in nearly two months.

The 1.7-million share offering for Prosperity, a $400 million-asset bank based in Houston, was managed by Keefe, Bruyette & Woods Inc. and priced at $12 per share. The stock closed at $12.4375.

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