Prosperity in Texas Moving to NYSE

Prosperity Bancshares Inc. in Houston said it will start listing its common stock on the New York Stock Exchange.

Prosperity, which is listed on the Nasdaq Global Select Market, will move to the new exchange on Dec. 28, the $9.6 billion-asset company said in a Wednesday press release.

"We are excited and pleased about our future with the NYSE," said David Zalman, Prosperity's chairman and chief executive, in the release. "The NYSE is home to many of the world's leading financial institutions and we believe it is the best exchange for us as we continue to focus on creating long-term value for our shareholders."

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