{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-376886","form_type":"8-K/A","ticker":"PB","cik":"0001068851","company_name":"PROSPERITY BANCSHARES INC","filed_at":"2026-08-31T20:30:16+00:00","discovered_at":"2026-08-31T20:32:23.201640+00:00","generated_at":"2026-08-31T20:32:45.818704+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Prosperity acquires Stellar Bancorp for ~$1.99B in stock+cash; pro forma EPS roughly flat","bullets":["Completed Stellar Bancorp acquisition on July 1, 2026; each Stellar share converted into 0.3803 PB shares plus $11.36 cash.","Total consideration ~$1.99B ($1.41B stock + $578.7M cash) based on PB closing price of $73.03 on June 30, 2026.","Pro forma 2025 net income $656.3M (EPS $5.74) vs PB standalone $542.8M ($5.72); Q1 2026 pro forma net income $146.6M (EPS $1.23) vs $116.3M ($1.16).","Pro forma total assets as of Mar 31, 2026: $54.19B; goodwill rises to $4.56B, core deposit intangibles to $270.8M.","Estimated direct transaction costs $63.0M; preliminary purchase price allocation with cost savings anticipated but not quantified."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-376886","json":"https://secwatch.observer/filing/0001193125-26-376886.json","markdown":"https://secwatch.observer/filing/0001193125-26-376886.md","text":"https://secwatch.observer/filing/0001193125-26-376886.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1068851/000119312526376886/0001193125-26-376886-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1068851/000119312526376886/pb-20260701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-31T20:32:45.818704+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}