Investar Q1 adjusted EPS beats estimates as Wichita Falls Bancshares acquisition boosts results

Investar Holding

20/04/2026 11:10

Overview

U.S. regional bank's Q1 adjusted EPS beat analyst expectations, aided by recent acquisition

Loans and deposits rose sharply, driven by Wichita Falls Bancshares acquisition

Company repurchased 53,420 shares during Q1 under its stock buyback program

Outlook

Company did not provide specific financial guidance for the current qtr or full yr in its press release

Result Drivers

ACQUISITION IMPACT - Results were driven by the acquisition of Wichita Falls Bancshares, which led to substantial growth in loans and deposits

NET INTEREST MARGIN - Net interest margin improved due to higher yields on interest-earning assets and lower funding costs, including a shift from brokered time deposits to lower-cost, non-maturing deposits

NONINTEREST INCOME - Noninterest income increased, mainly from higher interchange fees, service charges, and other operating income

Company press release: ID:nACSPYDj6a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted EPS
Beat
$0.87
$0.68 (3 Analysts)
Q1 EPS
$0.77
Q1 Net Income
$12.02 mln
Q1 Net Interest Income
$32.66 mln
Q1 Net Interest Margin (%)
3.59%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "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 $33.00, about 15% above its April 17 closing price of $28.70

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 9 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)