Investar Holding Corp ISTR

Financials SIC 6022 - State Commercial Banks Nasdaq

Investar Holding Corporation, a Louisiana corporation incorporated in 2009, is a financial holding company headquartered in Baton Rouge, Louisiana that conducts its operations primarily through its wholly-owned subsidiary, Investar Bank, National Association, a national bank chartered by the OCC. The Bank was originally chartered as a Louisiana commercial bank in 2006 and converted to a national bank in July 2019. Through the Bank, the Company offers a wide range of commercial banking products tailored to meet the needs of individuals, professionals, and small to medium-sized businesses. Our primary areas of operation are south Louisiana, including Baton Rouge, New Orleans, Lafayette, Lake Charles, and their surrounding areas; Texas, including Houston and its surrounding area, and, as of January 1, 2026, north Dallas and Wichita Falls and their surrounding areas; and Alabama, including York and Oxford and their surrounding areas. These markets are served from our executive and operations center located in Baton Rouge and from 36 full-service branches located throughout our market areas. We have experienced significant growth since the Bank was chartered, completing eight whole-bank acquisitions and establishing additional branches in our market areas.

Last close 31.10 2026-09-04
Market cap $428.5M 2026-06-30 share count
52-week range 21.43 - 31.77

Valuation FY2025 figures against the last close

P/S3.0x
P/E14.6x
P/FCF23.5x
EV/EBITDA
Dividend yield1.0%
Diluted EPS2.13

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $144.0M$143.9M$133.2M$104.6M$95.5M$93.8M$89.4M$73.9M$53.3M$43.2M
Interest expense $80.8M$69.8M$74.5M$89.8M$11.7M$20.3M$24.6M$16.5M$10.8M$8.4M
Pre-tax income $27.9M$24.4M$20.4M$44.3M$9.9M$17.3M$21.0M$17.2M$12.4M$11.5M
Income tax $5.0M$4.2M$3.8M$8.6M$1.9M$3.5M$4.1M$3.6M$4.2M$3.6M
Net income $22.9M$20.3M$16.7M$35.7M$8.0M$13.9M$16.8M$13.6M$8.2M$7.9M
EPS, basic 2.222.061.693.540.771.271.681.410.961.11
EPS, diluted 2.132.041.693.500.761.271.661.390.961.10
Shares, diluted (wtd. avg.) $10.8M$9.9M$9.8M$10.2M$10.5M$10.9M$10.0M$9.7M$8.5M$7.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $26.6M$26.6M$28.3M$30.1M$38.6M$25.7M$44.7M$17.1M$30.4M$29.4M
Property, plant and equipment $39.5M$40.7M$44.2M$49.6M$58.1M$56.3M$40.2M$37.5M$31.7M
Goodwill $40.1M$40.1M$40.1M$40.1M$40.1M$28.1M$26.1M
Other intangibles $996.0K$1.5M$2.1M$3.0M$3.8M$4.0M$4.8M$2.3M$2.7M$450.0K
Total assets $2.83B$2.72B$2.82B$2.75B$2.51B$2.32B$2.15B$1.79B$1.62B$1.16B
Long-term debt $9.8M$9.8M$9.8M$9.8M$9.8M
Total liabilities $2.53B$2.48B$2.59B$2.54B$2.27B$2.08B$1.91B$1.60B$1.45B$1.05B
Retained earnings $150.5M$132.9M$116.7M$108.2M$76.2M$71.4M$60.2M$45.7M$33.2M$26.2M
Total equity $301.1M$241.3M$226.8M$215.8M$242.6M$243.3M$242.0M$182.3M$172.7M$112.8M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $18.2M$15.9M$26.2M$42.7M$33.5M$17.7M$18.6M$16.4M$9.5M$37.3M
Stock-based compensation $2.0M$2.0M$2.0M$2.1M$1.7M$1.6M$1.4M$1.1M$786.0K$609.0K
Capital expenditure $4.9M$2.1M$4.0M
Investing cash flow -$83.9M$90.1M-$73.5M-$351.0M$53.4M-$148.1M-$103.1M-$182.4M-$98.3M-$152.0M
Financing cash flow $79.3M-$110.1M$39.0M$251.5M-$25.2M$121.1M$112.1M$152.7M$89.9M$123.1M
Dividends paid $4.2M$4.0M$3.8M$3.6M$3.1M$2.7M$2.2M$1.5M$722.0K$278.0K
Buybacks $2.3M$305.0K$3.0M$10.5M$6.9M$11.1M$8.3M$3.4M$506.0K$3.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-011771.

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