Investar Q3 profit rises on wider interest margin, lower acquisition costs

Investar Holding

22/10/2026 22:25

Overview
U.S. regional bank's Q3 adjusted EPS beat analyst expectations
Company's net interest margin improved to 3.73% in Q3
Company repurchased 25,113 shares during Q3

Outlook
Company says it is positioned for future growth organically and via acquisitions
Company says recent purchase of variable-rate credit lines and higher-rate loan production support portfolio remixing
Investar plans to continue shifting loan mix toward higher-yielding commercial and industrial loans

Result Drivers
MARGIN IMPROVEMENT - Higher earning-asset yields and acquisition-related accretion lifted net interest margin from the prior quarter
LOAN PORTFOLIO SHIFT - C&I production drove growth in business lending while acquired consumer mortgages continued to run off
CREDIT LOSS REVERSAL - Co recorded a reversal of credit losses due to changes in economic forecast and loan mix

Company press release: ID:nPnby9JZ2a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$0.77
$0.76 (3 Analysts)
Q3 EPS
 
$0.74
 
Q3 Net Income
 
$11.66 mln
 
Q3 Net Interest Income
 
$33.77 mln
 
Q3 Net Interest Margin (%)
 
3.73%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy"
Wall Street's median 12-month price target for Investar Holding Corp is $34.00, about 18.3% above its October 21 closing price of $28.74
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

Reuters Recommended Reads
Oct 22 - Associated Banc-Corp Q3 adjusted EPS beats estimates 
Oct 22 - S&T Bancorp's Q3 EPS rises to record high
Oct 21 - Pinnacle Financial Partners Q3 adjusted profit beats estimates on loan, fee income growth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)