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Investar Holding (ISTR)

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Earnings summaries and quarterly performance for Investar Holding.

Research analysts covering Investar Holding.

Recent press releases and 8-K filings for ISTR.

Investar Holding Corporation Updates Financials for Wichita Falls Bancshares Merger
ISTR
M&A
Earnings
  • Investar Holding Corporation filed an 8-K on November 14, 2025, to update financial and other information related to Wichita Falls Bancshares, Inc. (WFB) and its merger into Investar, including unaudited pro forma combined condensed consolidated financial statements.
  • For the nine months ended September 30, 2025, WFB's net income available to common shareholders increased to $3.61 million, up from $3.38 million for the same period in 2024.
  • WFB's net interest income for the nine months ended September 30, 2025, was $24.35 million, with a net interest margin of 2.45%, compared to $23.36 million and 2.31%, respectively, for the nine months ended September 30, 2024.
  • As of September 30, 2025, WFB's total assets were $1.31 billion, a 14.8% decrease from $1.54 billion at December 31, 2024, primarily due to the sale of $136.4 million in 1-4 family residential real estate loans.
  • First National Bank, a subsidiary of WFB, was classified as "well-capitalized" at September 30, 2025, with a Total capital to risk-weighted assets ratio of 18.53%.
Nov 14, 2025, 10:24 PM
Investar Holding Corporation Announces Acquisition Approvals
ISTR
M&A
Proxy Vote Outcomes
  • Investar Holding Corporation (ISTR) has received all necessary shareholder and regulatory approvals for its previously announced acquisition of Wichita Falls Bancshares, Inc..
  • The acquisition, initially announced on July 1, 2025, is now anticipated to close on or about January 1, 2026, subject to customary closing conditions.
  • As of September 30, 2025, First National Bank, a subsidiary of Wichita Falls, reported $1.3 billion in total assets, $1.1 billion in net loans, and $1.1 billion in total deposits.
  • Investar Holding Corporation's shareholders approved the merger proposal on October 24, 2025, with 6,745,993 votes in favor.
Oct 30, 2025, 8:31 PM
Investar Holding Corporation Announces Q3 2025 Results and Wichita Falls Bancshares, Inc. Transaction Update
ISTR
Earnings
M&A
Share Buyback
  • Investar Holding Corporation reported net income available to common shareholders of $5.7 million, or $0.54 per diluted common share, for the third quarter of 2025.
  • The company's net interest margin improved to 3.16%, a 13 basis point increase from the prior quarter, and the efficiency ratio improved to 68.47% for the quarter ended September 30, 2025.
  • The acquisition of Wichita Falls Bancshares, Inc. received approval from the Office of the Comptroller of the Currency on October 15, 2025, with the closing anticipated around January 1, 2026.
  • Total loans increased 2.1% to $2.15 billion and total deposits grew 1.5% to $2.37 billion at September 30, 2025, while the regulatory total capital ratio increased to 14.66%.
  • During Q3 2025, Investar repurchased 14,722 shares of common stock at an average price of $21.55 and completed a $32.5 million private placement of Series A Preferred Stock to support the acquisition.
Oct 20, 2025, 10:01 AM
Investar Reports Q3 2025 Results and Provides Update on Wichita Falls Acquisition
ISTR
Earnings
M&A
Convertible Preferred Issuance
  • Investar reported diluted earnings per common share of $0.54 for Q3 2025, an increase from $0.46 in Q2 2025, alongside a 13 basis point improvement in net interest margin to 3.16%.
  • The company announced a definitive agreement to acquire Wichita Falls Bancshares, Inc., whose subsidiary First National Bank had approximately $1.4 billion in assets at June 30, 2025, with the merger anticipated to close around January 1, 2026.
  • To support the acquisition, Investar completed a private placement of $32.5 million in 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock on July 1, 2025.
  • During Q3 2025, Investar repurchased 14,722 shares of common stock at an average price of $21.55 per share and maintained a quarterly dividend of $0.11 per share.
  • Total loans increased by $44.2 million to $2.15 billion at September 30, 2025, contributing to a rise in the regulatory total capital ratio to 14.66%.
Oct 20, 2025, 10:00 AM
Investar Holding Corp Announces Merger and Capital Raise
ISTR
M&A
Convertible Preferred Issuance
  • Investar Holding Corporation (ISTR) has entered into a definitive agreement to acquire Wichita Falls Bancshares, Inc. for cash and stock consideration.
  • Wichita Falls' wholly-owned subsidiary, First National Bank, had approximately $1.5 billion in assets at March 31, 2025, and the merger will create a combined bank with over $4 billion in assets.
  • In connection with the proposed acquisition, Investar also announced a private placement of $32.5 million of its newly designated 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock.
  • The merger is expected to be completed in the fourth quarter of 2025, subject to regulatory and shareholder approvals.
Jul 1, 2025, 12:00 AM
Investar Holding Corp Q1 2025 Financial Results & Presentation Overview
ISTR
Earnings
Dividends
Share Buyback
  • Q1 2025 Results: Reported net income of $6.3 million with diluted EPS of $0.63, reflecting modest sequential improvements .
  • Net interest margin: Achieved 2.87%, up 22 basis points from the previous quarter due to reduced funding costs and balance sheet optimization .
  • Balance sheet optimization: Total loans decreased by $18.5 million to $2.11 billion, supporting consistent, quality earnings .
  • Return on average assets increased to 0.94%, demonstrating tighter expense control and operational efficiency .
  • Share repurchase: Repurchased 34,992 shares as part of its shareholder value initiative .
  • Capital & liquidity management: Strengthened capital levels through organic earnings, disciplined share repurchases, and maintained robust liquidity with $43.5 million in cash .
Apr 20, 2025, 10:00 PM
Investar Holding Corp Reports $3.4M Insurance Settlement
ISTR
  • Investar Holding Corp received a $3.4M property insurance settlement on March 19, 2025, related to an impaired loan from Hurricane Ida.
  • The settlement is expected to add $3.1M to pre-tax net income for the quarter ending March 31, 2025 after deducting an estimated $0.3M in expenses.
  • The company is also marketing two remaining properties with a total cost basis of $1.7M to finalize the resolution of the loan relationship.
Mar 20, 2025, 12:00 AM