Investar Exceeds Q3 Earnings, Plans Wichita Falls Bancshares Acquisition

Investar Holding Corporation reported strong financial results for the third quarter of 2025, exceeding earnings expectations with a non-GAAP EPS of $0.54, up from $0.47 in the prior quarter and $0.45 a year earlier. The bank's net interest margin improved to 3.16%, a 13 basis point increase from the previous quarter, driven by higher asset yields and a strategic shift to lower-cost, non-maturing deposits. Total loans grew 2.1%, primarily through new variable-rate loans at an average interest rate of 7.5%, supporting the company's goal of an interest rate neutral balance sheet. Investar's disciplined lending and risk management helped maintain modest credit losses, while the company repurchased shares below tangible book value, indicating confidence in its valuation. Additionally, Investar is advancing its acquisition of Wichita Falls Bancshares, with regulatory approvals underway, which analysts view positively for the bank's continued growth. Overall, the company's performance and strategic initiatives have garnered bullish analyst ratings, reflecting optimism about its prospects amid challenges in the regional banking sector.