HOUSTON, June 28,
2023 /PRNewswire/ -- In conjunction with Prosperity
Bancshares, Inc.® (NYSE: PB) Second Quarter 2023
Earnings Announcement, scheduled before the market opens on
Wednesday, July 26, 2023, you are
invited to listen to its conference call at 11:30 AM, Eastern Time (10:30 AM, Central Time) on that day. Participants
will include members of Prosperity's executive management team.
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What:
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Prosperity Bancshares,
Inc.® Second Quarter 2023 Earnings Conference
Call
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When:
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Wednesday, July 26,
2023, at 10:30 AM (Central Time)
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Where:
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https://www.prosperitybankusa.com/Presentation-Webcasts-and-Calls
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How:
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Simply log on to the
web at the address above or call 1-877-885-0477 for
domestic participants, or 1-412-902-6506 for international
participants and enter Participant Elite Entry Number:
7557443
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If you are unable to participate during the live webcast, the
call will be archived on the website at
https://www.prosperitybankusa.com/Investor-Relations. To access the
replay, visit
https://www.prosperitybankusa.com/Presentation-Webcasts-and-Calls
and follow the instructions.
Prosperity Bancshares, Inc.®
As of March 31, 2023, Prosperity
Bancshares, Inc.® is a $37.829
billion Houston,
Texas-based regional financial holding company providing
personal banking services and investments to consumers and small to
medium-sized businesses throughout Texas and Oklahoma.
Founded in 1983, Prosperity believes in a community banking
philosophy, taking care of customers, businesses, and communities
in the areas it serves by providing financial solutions to simplify
everyday financial needs. In addition to offering traditional
deposit and loan products, Prosperity offers digital banking
solutions, credit and debit cards, mortgage services, treasury
management solutions, and wealth management services, including
trust and retail brokerage.
Prosperity currently operates 286 full-service banking
locations: 65 in the Houston area,
including The Woodlands; 30 in the
South Texas area including
Corpus Christi and Victoria; 63 in the Dallas/Fort Worth area; 22 in the East Texas area; 32 in the Central Texas area including Austin and San
Antonio; 44 in the West
Texas area including Lubbock, Midland-Odessa, Abilene; Amarillo and Wichita
Falls; 16 in the Bryan/College
Station area, 6 in the Central
Oklahoma area; 8 in the Tulsa,
Oklahoma area.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This release contains, and the remarks by
Prosperity's management on the conference call may contain,
forward-looking statements within the meaning of the federal
securities laws, including Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements are typically, but not
exclusively, identified by the use in the statements of words or
phrases such as "aim," "anticipate," "estimate," "expect," "goal,"
"guidance," "intend," "is anticipated," "is expected," "is
intended," "objective," "plan," "projected," "projection," "will
affect," "will be," "will continue," "will decrease," "will grow,"
"will impact," "will increase," "will incur," "will reduce," "will
remain," "will result," "would be," variations of such words or
phrases (including where the word "could," "may," or "would" is
used rather than the word "will" in a phrase) and similar words and
phrases indicating that the statement addresses some future result,
occurrence, plan or objective. Forward-looking statements include
all statements other than statements of historical fact, including
forecasts or trends, and are based on current expectations,
assumptions, estimates and projections about
Prosperity Bancshares and its subsidiaries. These
forward-looking statements may include information about
Prosperity's possible or assumed future economic performance or
future results of operations, including future revenues, income,
expenses, provision for loan losses, provision for taxes, effective
tax rate, earnings per share and cash flows and Prosperity's future
capital expenditures and dividends, future financial condition and
changes therein, including changes in Prosperity's loan portfolio
and allowance for loan losses, future capital structure or changes
therein, as well as the plans and objectives of management for
Prosperity's future operations, future or proposed acquisitions,
the future or expected effect of acquisitions on Prosperity's
operations, results of operations, financial condition, and future
economic performance, statements about the anticipated benefits of
the proposed transaction with Lone Star State Bancshares, Inc., and
statements about the assumptions underlying any such statement, as
well as expectations regarding the effects of the COVID-19 pandemic
on the Bank's operating income, financial condition and cash flows.
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, which 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); the possibility that the anticipated benefits of an
acquisition transaction are not realized when expected or at
all, including as a result of the impact of, or problems arising
from, the integration of two companies or as a result of the
strength of the economy and competitive factors generally; 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, interest
rate and commodity price fluctuations; the effect, impact potential
duration or other implications of the COVID-19 pandemic; and
weather. These and various other factors are discussed in
Prosperity Bancshares' Annual Report on Form 10-K for the year
ended December 31, 2022 and other
reports and statements Prosperity Bancshares has filed with the
Securities and Exchange Commission ("SEC"). Copies of the SEC
filings for Prosperity Bancshares may be downloaded from the
Internet at no charge
from http://www.prosperitybankusa.com.
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SOURCE Prosperity Bancshares, Inc.