Shareholders of Southwest Bancshares Approve Merger with Prosperity Bancshares, Inc.

Southwest Bancshares' Acquisition by Prosperity Bancshares

In a significant move in the financial sector, shareholders of Southwest Bancshares, Inc. have given the green light for its merger with Prosperity Bancshares, Inc. This crucial decision was announced on January 22, 2026, marking a pivotal development for both companies and enhancing financial services throughout Texas.

Details of the Merger

The merger involves Southwest Bancshares, the parent company of Texas Partners Bank, being incorporated into Prosperity Bancshares, which will continue to operate under its established brand. This strategic alignment aims to capitalize on the strengths of both banks, offering a broader range of financial solutions to customers across Texas and Oklahoma.

The merger was approved by the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Texas Department of Banking, affirming that every necessary regulatory requirement has been met. The transaction is set to finalize on February 1, 2026, pending any remaining customary closing conditions laid out in the merger agreement.

Financial Overview

As of September 30, 2025, Prosperity Bancshares reported assets totaling approximately $38.330 billion. Founded in 1983, the Houston-based company has maintained a community-centered banking philosophy, focusing on personal banking services for both customers and businesses. Prosperity operates more than 300 full-service banking locations throughout Texas, including significant presences in the Houston and Dallas/Fort Worth areas.

On the other hand, Southwest Bancshares, established in 2006 and based in San Antonio, manages approximately $2.52 billion in assets as of the same date. Texas Partners Bank supplies a diverse array of services, including commercial, business, and private banking, emphasizing strong customer relationships and community engagement.

Significance of the Merger

The merger of these two banking entities is poised to not only strengthen Prosperity's market presence but also extend its service offerings to Southwest's customers. By merging the resources and capabilities of both banks, customers can expect a heightened level of service, improved financial products, and more comprehensive banking solutions. This acquisition reflects an ongoing trend in the banking sector, where consolidation is often seen as a mechanism for growth and efficiency.

Customer Impact

Customers of Texas Partners Bank can look forward to enhanced banking options, as Prosperity's extensive array of services, including innovative digital banking solutions, will become available to them. With a focus on customer service and community involvement, both banks emphasize building lasting relationships, ensuring that customers feel valued and supported.

Looking Ahead

As this merger is set to conclude, stakeholders and analysts alike will be watching closely to gauge the resulting impacts on the bank's customers and the surrounding communities. The public can expect updates regarding the integration of services and operational changes as both organizations work to streamline their offerings.

In summary, the approval of the merger between Southwest Bancshares and Prosperity Bancshares signifies a crucial step towards creating a more robust financial institution capable of meeting the evolving needs of its customers in Texas and beyond. With regulatory approvals in place and a strategic vision for the future, these two companies are positioned to redefine the banking landscape in the region.

Conclusion

In conclusion, the merging of Southwest and Prosperity represents not just a corporate acquisition, but also a commitment to enhancing customer experience and supporting local economies in Texas. As they prepare for integration, both banks will focus on maintaining their core values while expanding their capabilities to serve an even greater number of clients across the Texas region.