Lender Investar's Q2 adjusted EPS beats expectations

Investar Holding

21/07/2025 11:13

Overview

Investar Q2 adjusted EPS beats analyst expectations, per LSEG data

Net income for Q2 declines compared to Q1 but rises yr/yr

Co announces acquisition of Wichita Falls Bancshares, expanding asset base

Outlook

Company sees Wichita Falls acquisition as transformational for growth

Investar aims for interest rate neutral balance sheet with new loans

Result Drivers

NET INTEREST MARGIN - Improved by 16 basis points to 3.03% due to reduced funding costs and increased yields on interest-earning assets

DEPOSIT MIX - Optimization by replacing higher-cost time deposits with lower-cost interest-bearing deposits contributed to decreased cost of funds

BUSINESS LENDING - Growth in business lending portfolio, particularly in variable-rate loans, supports interest rate neutral balance sheet strategy

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$0.47
$0.38 (3 Analysts)
Q2 EPS
$0.46
Q2 Net Income
$4.49 mln
Q2 Net Interest Income
$19.64 mln
Q2 Pretax Profit
Beat
$5.43 mln
$4.87 mln (3 Analysts)
Q2 Net Interest Margin (%)
3.0%
Q2 Provision for Credit Losses
$141,000


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 $27.00, about 18.7% above its July 18 closing price of $21.96

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nACSMx8SRa

(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.)