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Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals, professionals, and small to medium-sized businesses in south Louisiana, southeast Texas, and Alabama in the United States. The company offers various deposit products and services, such as savings, checking, money market, and individual retirement accounts, as well as various certificates of deposit; debit and credit cards; internet, mobile, and video banking services; and reciprocal deposit products. It also provides commercial real estate loans; commercial and industrial loans, including working capital lines of credit and equipment loans; construction and development loans comprising loans for the construction of commercial projects, and single family residential and multifamily properties; one-to-four family residential real estate loans, which includes second mortgage loans; and consumer loans, such as secured or unsecured loans, installment or term loans, home equity loans and lines of credit, business purpose loans, and auto loans, as well as loans for personal, family, and household purposes. In addition, the company offers treasury management products, including remote deposit capture, virtual vaults, positive pay, automated clearing house origination, credit card processing, wire transfers, investment sweep accounts, and business internet banking services. Further, it provides various other banking services, such as cashier's checks, direct deposit of payroll and social security checks, night depository, bank-by-mail, ATMs with deposit automation, electronic statements, interactive teller machines, online account opening, online bill payment, online fund transfer, Zelle money transfer solutions, and mobile wallet payment option services. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $90M | - | $23M | $17M | 8.5% | 9.5% | 13.1% |
| 2024 | $82M | - | $20M | $15M | 8.4% | 0.0% | 21.4% |
| 2023 | $82M | - | $17M | $25M | 7.4% | -24.0% | -53.3% |
| 2022 | $108M | - | $36M | $42M | 16.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 108.39 | 82.38 | 82.41 | 90.24 |
| Operating Revenue | - | 108.39 | 82.38 | 82.41 | 90.24 |
| Selling General And Administration | - | 35.24 | 37.44 | 38.98 | 40.66 |
| Interest Income | - | 104.57 | 133.20 | 143.86 | 144.02 |
| Interest Expense | - | 14.78 | 58.68 | 74.11 | 63.24 |
| Net Interest Income | - | 89.78 | 74.52 | 69.75 | 80.77 |
| Pretax Income | - | 44.35 | 20.43 | 24.41 | 27.89 |
| Tax Provision | - | 8.64 | 3.75 | 4.15 | 4.98 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -0.09 | -0.26 | 0.43 | -0.18 |
| Net Income Continuous Operations | - | 35.71 | 16.68 | 20.25 | 22.90 |
| Net Income From Continuing And Discontinued Operation | - | 35.71 | 16.68 | 20.25 | 22.90 |
| Net Income From Continuing Operation Net Minority Interest | - | 35.71 | 16.68 | 20.25 | 22.90 |
| Net Income | - | 35.71 | 16.68 | 20.25 | 22.90 |
| Net Income Common Stockholders | - | 35.68 | 16.68 | 20.25 | 21.85 |
| Net Income Including Noncontrolling Interests | - | 35.71 | 16.68 | 20.25 | 22.90 |
| Normalized Income | - | 36.09 | 17.85 | 18.16 | 23.74 |
| Diluted NI Availto Com Stockholders | - | 35.68 | 16.68 | 20.25 | 21.85 |
| Basic Average Shares | - | 10.09 | 9.87 | 9.83 | 9.83 |
| Diluted Average Shares | - | 10.20 | 9.87 | 9.93 | 10.78 |
| Reconciled Depreciation | - | 4.43 | 3.78 | 3.10 | 2.79 |
| Total Unusual Items | - | -0.47 | -1.44 | 2.52 | -1.01 |
| Total Unusual Items Excluding Goodwill | - | -0.47 | -1.44 | 2.52 | -1.01 |
| Preferred Stock Dividends | - | - | - | - | 1.06 |
| Special Income Charges | - | -0.48 | -1.32 | 1.84 | -1.04 |
| Other Special Charges | - | 0.26 | 1.32 | -1.55 | 0.01 |
| Restructuring And Mergern Acquisition | - | 0 | 0 | 0 | 1.04 |
| Gain On Sale Of Security | - | 7.99 | -0.39 | -0.34 | 0.28 |
| Depreciation Amortization Depletion Income Statement | - | 4.43 | 3.78 | 3.10 | 2.79 |
| Depreciation And Amortization In Income Statement | - | 4.43 | 3.78 | 3.10 | 2.79 |
| General And Administrative Expense | - | 34.97 | 37.14 | 38.62 | 40.23 |
| Other Gand A | 3.11 | - | - | - | - |
| Salaries And Wages | - | 34.97 | 37.14 | 38.62 | 40.23 |
| Selling And Marketing Expense | - | 0.26 | 0.30 | 0.37 | 0.43 |
| Otherunder Preferred Stock Dividend | 0.02 | 0.03 | 0 | - | - |
| Occupancy And Equipment | - | 2.92 | 2.99 | 2.58 | 2.67 |
| Professional Expense And Contract Services Expense | - | 1.77 | 1.93 | 1.80 | 2.08 |
| Other Non Interest Expense | - | 16.28 | 16.48 | 16.87 | 16.51 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Investar Holding Corporationthis co. | ISTR | $395M | 17.24↑ premium | 1.46 | 8.5% | - |
| West Bancorporation, Inc. | WTBA | $407M | 12.50 | 1.53 | 12.2% | - |
| RBB Bancorp | RBB | $406M | 12.71 | 0.78 | 6.1% | - |
| Commercial Bancgroup, Inc. | CBK | $400M | 10.75 | 1.40 | 13.0% | - |
| Pioneer Bancorp, Inc. | PBFS |
| - |
| - |
| - |
| - |
| - |
| - |
| $394M |
| 19.42 |
| 1.22 |
| 6.3% |
| - |
| First Bank | FRBA | $392M | 8.97 | 0.88 | 9.8% | - |
| Farmers & Merchants Bancorp, Inc. | FMAO | $384M | 11.66 | 1.03 | 8.9% | - |
| NewtekOne, Inc. | NEWT | $382M | 6.32 | 1.09 | 17.3% | - |
| Plumas Bancorp | PLBC | $375M | 12.66 | 1.44 | 11.3% | - |
| Peer Median | - | 12.08 | 1.16 | 10.6% | - | |