Overview

* Investar ( ISTR ) Q3 adjusted EPS beats analyst expectations

* Net interest margin improved to 3.16% in Q3

* Investar ( ISTR ) progressing with Wichita Falls Bancshares acquisition

* Investar ( ISTR ) anticipates closing Wichita Falls acquisition around January 1, 2026

Outlook

* Company focuses on optimizing balance sheet for consistent, quality earnings

* Investar ( ISTR ) aims for interest rate neutral balance sheet by increasing asset yield

Result Drivers

* NET INTEREST MARGIN - Improved to 3.16% due to higher yields on interest-earning assets and reduced funding costs

* LOAN PORTFOLIO GROWTH - Total loans increased 2.1% driven by new variable-rate loans at a 7.5% blended interest rate

* DEPOSIT STRATEGY - Shift from higher-cost brokered deposits to lower-cost non-maturing deposits enhanced net interest margin

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $0.54 $0.45 (3

Adjusted Analysts

EPS )

Q3 EPS $0.54

Q3 Net $6.17

Income mln

Q3 Net $21.15

Interest mln

Income

Q3 Beat $7.47 $5.58

Pretax mln mln (3

Profit Analysts

)

Q3 Net 3.16%

Interest

Margin

(%)

Q3 $139,000

Provisio

n for

Credit

Losses

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 ( ISTR ) is $27.00, about 20.3% above its October 17 closing price of $21.52

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

Press Release:

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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.)