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David Zalman Biography and Net Worth

CEO of Prosperity Bancshares

David Zalman serves as Senior Chairman of the Board, Chief Executive Officer of the Company and Bank of the Company. Mr. Zalman joined the Bank as President in 1986, became Chairman of the Board and Chief Executive Officer in 2001 and Senior Chairman and Chief Executive Officer in 2005. Mr. Zalman became a director and Vice President/Secretary of the Company in 1987, President in 2000, President and Chief Executive Officer in 2001 and Chairman of the Board and Chief Executive Officer in 2006. From 1978 to 1986, Mr. Zalman was employed by Commercial State Bank in El Campo, beginning as cashier and rising to become Chief Executive Officer. Mr. Zalman received a Bachelor of Business Administration degree from the University of Texas at Austin in 1978. He is currently a member of the Dallas Federal Reserve Bank Board of Directors, Houston Branch. He is a founding principal of New ICM LP, a manufacturer and distributor of children's clothing to national and international companies, and served as a partner and director from 1999 to 2017. He has served as a member of the El Campo City Council and as a Trustee of the St. Philip Catholic School Endowment Fund, as well as on various other civic clubs and charitable organizations.

What is David Zalman's net worth?: The estimated net worth of David Zalman is at least $35.93 million as of September 23rd, 2020. Mr. Zalman owns 563,000 shares of Prosperity Bancshares stock worth more than $35,925,030 as of April 24th. This net worth approximation does not reflect any other investments that Mr. Zalman may own. Additionally, Mr. Zalman receives an annual salary of $3,070,000.00 as CEO at Prosperity Bancshares. Learn More about David Zalman's net worth.
How old is David Zalman?: Mr. Zalman is currently 67 years old. There are 5 older executives and no younger executives at Prosperity Bancshares. Learn More on David Zalman's age.
What is David Zalman's salary?: As the CEO of Prosperity Bancshares, Inc., Mr. Zalman earns $3,070,000.00 per year. Learn More on David Zalman's salary.
How do I contact David Zalman?: The corporate mailing address for Mr. Zalman and other Prosperity Bancshares executives is 4295 SAN FELIPE, HOUSTON TX, 77027. Prosperity Bancshares can also be reached via phone at (281) 269-7199 and via email at [email protected]. Learn More on David Zalman's contact information.
Has David Zalman been buying or selling shares of Prosperity Bancshares?: David Zalman has not been actively trading shares of Prosperity Bancshares during the past quarter. Most recently, on Wednesday, September 23rd, David Zalman bought 8,700 shares of Prosperity Bancshares stock. The stock was acquired at an average cost of $49.57 per share, with a total value of $431,259.00. Following the completion of the transaction, the chief executive officer now directly owns 563,000 shares of the company's stock, valued at $27,907,910. Learn More on David Zalman's trading history.
Who are Prosperity Bancshares' active insiders?: Prosperity Bancshares' insider roster includes Robert Dowdell (EVP), George Fisk (Director), L. Jack Lord (Director), Robert Steelhammer (Director), H. Timanus, Jr. (Chairman), and David Zalman (CEO). Learn More on Prosperity Bancshares' active insiders.
Are insiders buying or selling shares of Prosperity Bancshares?: In the last year, Prosperity Bancshares insiders bought shares 1 times. They purchased a total of 5,000 shares worth more than $310,200.00. In the last year, insiders at the bank sold shares 1 times. They sold a total of 2,100 shares worth more than $132,174.00. The most recent insider tranaction occured on December, 11th when Director L. Jack Lord sold 2,100 shares worth more than $132,174.00. Insiders at Prosperity Bancshares own 4.3% of the company. Learn More about insider trades at Prosperity Bancshares.
Information on this page was last updated on 12/11/2023.

David Zalman Insider Trading History at Prosperity Bancshares

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
9/23/2020	Buy	8,700	$49.57	$431,259.00	563,000
3/23/2020	Buy	15,056	$43.17	$649,967.52	563,000

David Zalman Buying and Selling Activity at Prosperity Bancshares

Prosperity Bancshares Company Overview

Prosperity Bancshares, Inc. operates as bank holding company for the Prosperity Bank that provides financial products and services to businesses and consumers. It accepts various deposit products, such as demand, savings, money market, and time accounts, as well as and certificates of deposit. The company also offers 1-4 family residential mortgage, commercial real estate and multifamily residential, commercial and industrial, agricultural, and non-real estate agricultural loans, as well as construction, land development, and other land loans; consumer loans, including automobile, recreational vehicle, boat, home improvement, personal, and deposit account collateralized loans; term loans and lines of credit; and consumer durables and home equity loans, as well as loans for working capital, business expansion, and purchase of equipment and machinery. In addition, it provides internet banking, mobile banking, trust and wealth management, retail brokerage, mortgage services, and treasury management, as well as debit and credit cards. The company was incorporated in 1983 and is headquartered in Houston, Texas.

Today's Range

Now: $63.81

$62.36

$64.96

50 Day Range

MA: $62.54

$59.22

$65.78

2 Week Range

Now: $63.81

$49.60

$68.88

Volume

24,992 shs

Average Volume

555,049 shs

Market Capitalization

$5.97 billion

P/E Ratio

14.09

Dividend Yield

3.62%

Beta

0.93

top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)

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David Zalman Biography and Net Worth

What is David Zalman's net worth?

How old is David Zalman?

What is David Zalman's salary?

How do I contact David Zalman?

Has David Zalman been buying or selling shares of Prosperity Bancshares?

Who are Prosperity Bancshares' active insiders?

Are insiders buying or selling shares of Prosperity Bancshares?