HOUSTON, Sept. 5, 2013 /PRNewswire/ -- Prosperity
Bancshares, Inc.® (NYSE: PB), the parent company of
Prosperity Bank®, declared a quarterly cash dividend of
$0.215 per share to holders of
Prosperity's common stock. The third quarter dividend is payable on
October 1, 2013 to all shareholders
of record as of September 16,
2013.
Prosperity Bancshares, Inc.®
Prosperity
Bancshares, Inc.® is a Houston, Texas based regional financial
holding company, formed in 1983 with $16.3
billion in assets. Operating under a community banking
philosophy and seeking to develop broad customer relationships
based on service and convenience, Prosperity offers a variety of
traditional loan and deposit products to its customers, which
consist primarily of small and medium sized businesses and
consumers. In addition to established banking products, Prosperity
offers a complete line of services including: Internet Banking
services at http://www.prosperitybankusa.com, Retail Brokerage
Services, MasterMoney Debit Cards, Credit Cards, 24 hour voice
response banking, Trust and Wealth Management and Mobile
Banking. Prosperity currently operates two hundred nineteen
(219) full service banking locations; fifty-eight (58) in the
Houston area; twenty (20) in the
South Texas area including
Corpus Christi and Victoria; thirty-five (35) in the Dallas/Fort Worth area; twenty-two (22) in the
East Texas area; thirty-four (34)
in the Central Texas area
including Austin and San Antonio; thirty-four (34) in the
West Texas area including
Lubbock, Midland/Odessa and Abilene; ten (10) in the Bryan/College Station area; and six (6) in the
Central Oklahoma area.
"Safe Harbor" Statement under the Private Securities
Litigation Reform Act of 1995: This release contains
forward-looking statements within the meaning of the securities
laws that are based on current expectations, assumptions, estimates
and projections about Prosperity and its subsidiaries. These
forward-looking statements are not guarantees of future performance
and are subject to risks and uncertainties, many of which are
outside of Prosperity's control, that may cause actual results to
differ materially from those expressed or implied by the
forward-looking statements. These risks and uncertainties
include but are not limited to whether Prosperity can: successfully
identify acquisition targets and integrate the businesses of
acquired companies and banks; continue to sustain its current
internal growth rate or total growth rate; provide products and
services that appeal to its customers; continue to have access to
debt and equity capital markets; and achieve its sales
objectives. Other risks include, but are not limited to: the
possibility that credit quality could deteriorate; actions of
competitors; changes in laws and regulations (including changes in
governmental interpretations of regulations and changes in
accounting standards); a deterioration or downgrade in the credit
quality and credit agency ratings of the securities in Prosperity's
securities portfolio; customer and consumer demand, including
customer and consumer response to marketing; effectiveness of
spending, investments or programs; fluctuations in the cost and
availability of supply chain resources; economic conditions,
including currency rate fluctuations and interest rate
fluctuations; and weather. These and various other factors
are discussed in Prosperity's Annual Report on Form 10-K for the
year ended December 31, 2012 and
other reports and statements Prosperity has filed with the SEC.
Copies of the SEC filings for Prosperity
Bancshares® may be downloaded from the Internet at
no charge from www.prosperitybankusa.com.
SOURCE Prosperity Bancshares, Inc.