Investar Q2 adjusted EPS beats estimates, net interest margin improves

Investar Holding

20/07/2026 11:11

Overview
U.S. regional bank's Q2 adjusted EPS beat analyst expectations
Net interest margin improved to 3.67% from 3.59% in the previous quarter
Company repurchased 27,235 shares during Q2 and raised quarterly dividend by 9%

Outlook
Investar expects future growth both organically and through potential acquisitions

Result Drivers
MARGIN IMPROVEMENT - Net interest margin rose due to lower cost of funds and a shift to lower-cost, non-maturing deposits
LOAN PORTFOLIO SHIFT - Company continued strategy to let consumer mortgage loans run off and increase business lending, especially commercial and industrial loans
HIGHER NONINTEREST EXPENSE - Noninterest expense rose due to acquisition costs, hiring of commercial bankers, and increased salaries and benefits

Company press release: ID:nPn3TCZja

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.75
$0.71 (3 Analysts)
Q2 EPS
 
$0.61
 
Q2 Net Income
 
$9.47 mln
 
Q2 Net Interest Income
 
$33.45 mln
 
Q2 Net Interest Margin (%)
 
3.67%
 

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 $33.50, about 12.2% above its July 17 closing price of $29.87
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 8 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.)