Prosperity Bancshares Company Description
Feeling prosperous? Prosperity Bancshares wants to help you manage your riches. The company operates 168 Prosperity Bank branches in and around major Texas cities, as well as eastern and southern portions of the state. The bank offers traditional deposit and cash management services. Commercial mortgages make up the largest segment (more than 33%) of the company's loan portfolio, which also includes residential mortgage, construction, home equity, business, and agricultural loans. The acquisitive company has been buying up small banks in Texas. It acquired six branches in Houston from Banco Popular North America in early 2008 and then bought Houston's two-branch 1st Choice Bancorp.
View the Comprehensive Company Description for Prosperity Bancshares
The Company Description provides a historical perspective of Prosperity Bancshares's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Prosperity Bancshares's evolution in the marketplace.
