See every side of every news story
Published loading...Updated

PROSPERITY BANCSHARES, INC.® AND AMERICAN BANK HOLDING CORPORATION IN CORPUS CHRISTI, TEXAS ANNOUNCE MERGER

TEXAS, JUL 18 – The all-stock merger will create a $41 billion asset company with 300 branches, aiming for 40% cost savings on American Bank's 2025 noninterest expenses, Prosperity said.

Summary by WV News
HOUSTON and CORPUS CHRISTI, Texas, July 18, 2025 /PRNewswire/ -- Prosperity Bancshares, Inc.® (NYSE: PB) ("Prosperity"), the parent company of Prosperity Bank®, and American Bank Holding Corporation ("American"), the parent holding company of American Bank, N.A. ("American Bank"), headquartered in…

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

WV News broke the news in on Friday, July 18, 2025.
Sources are mostly out of (0)

Similar News Topics