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Investar Holding Corporation Announces 2026 First Quarter Results
BATON ROUGE, LA / ACCESS Newswire / April 20, 2026 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended March 31, ...
About this update from Investar Holding Corporation
[{"type":"text","content":"BATON ROUGE, LA / ACCESS Newswire / April 20, 2026 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended March 31, 2026. Investar reported net income available to common shareholders of $11.5 million, or $0.77 per diluted common share, for the first quarter of 2026, compared to net income available to common shareholders of $5.4 million, or $0.51 per diluted common share, for the quarter ended December 31, 2025, and net income available to common shareholders of $6.3 million, or $0.63 per diluted common share, for the quarter ended March 31, 2025.","length":708,"tagName":"p"},{"type":"text","content":"On a non-GAAP basis, core earnings per diluted common share for the first quarter of 2026 were $0.87 compared to $0.58 for the fourth quarter of 2025, and $0.65 for the first quarter of 2025. Core earnings available to common shareholders excludes certain items including, but not limited to, gain on call or sale of investment securities, net; loss on sale or disposition of fixed assets, net; loss on sale of other real estate owned, net; change in the fair value of equity securities; change in the net asset value of other investments; severance; and acquisition expense (refer to the Reconciliation of Non-GAAP Financial Measures tables for a reconciliation of GAAP to non-GAAP metrics).","length":692,"tagName":"p"},{"type":"text","content":"Investar's President and Chief Executive Officer John D'Angelo commented:","length":81,"tagName":"p"},{"type":"text","content":""I am extremely pleased with our first quarter results, which reflect both the significant impact of our transformational acquisition of Wichita Falls Bancshares, Inc. and our simultaneous continued execution of our strategy of consistent, quality earnings through the optimization of our balance sheet. Both of these are due to the hard work of our dedicated employees. Our net interest margin improved substantially to 3.59%, a 39 basis point increase from previous quarter, and we had significant improvements in our diluted earnings per share, return on average assets and efficiency ratio.","length":599,"tagName":"p"},{"type":"text","content":"We were able to grow the yield on interest-earning assets while sim...