Regional lender Prosperity Bancshares posted a better-than-expected quarterly profit and managed to do what Wall Street giant JPMorgan Chase and Co could not -- grow its loan portfolio. Underpinned by a resilient Texan economy, the Houston-based bank posted loan growth in almost every sector. Its total loans increased 6.7 percent to $3.57 billion in the first quarter. On Tuesday, JPMorgan Chase, the second-largest U.S. bank by assets, said its total outstanding loans shrank for the fourth consecutive quarter. "Prosperity is making headway in its goal to grow loans by winning market share," BMO Capital analyst Peter Winter said in a note to clients.
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