Investar Holding Corp

Chart & Performance

D1W1MN

P/E

13.11

P/S

2.63

EPS

1.70

Div Yield, %

1.76%

Shrs. gr., 5y

0.11%

Rev. gr., 5y

6.16%

Revenues

83m

-23.37%

Net income

17m

-53.29%

CFO

26m

-38.60%

Dividend

Sep 30, 20240.105 USD/sh

Earnings

Jan 23, 2025

Profile

Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products to individuals and small to medium-sized businesses in South Louisiana. 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 cards; and mobile banking services. It also provides commercial real estate loans; commercial and industrial loans, including working capital lines of credit and equipment loans; loans for the construction of commercial projects, and single family residential and multifamily properties; one-to-four family residential real estate lending, such as second mortgage loans; consumer loans, such as secured and unsecured installment and term loans, home equity loans and lines of credit, and auto loans, as well as loans for personal, family, and household purposes. In addition, the company offers cash management products, including remote deposit capture, virtual vault, electronic statements, positive pay, ACH origination and wire transfer, investment sweep accounts, and business Internet banking services. Further, it provides various other banking services, such as cashiers' checks, direct deposit of payroll and social security checks, night depository, bank-by-mail, automated teller machine, interactive teller machines, merchant card, and mobile wallet payment services. The company operates through a network of 24 full service branches. Investar Holding Corporation was founded in 2006 and is headquartered in Baton Rouge, Louisiana.

URL

https://www.investarbank.com/

IPO date

Jul 01, 2014

Employees

338

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	83,058 -23.37%	108,393 12.60%	96,264 12.37%
Cost of revenue	51,118	47,919	48,176
Unusual Expense (Income)
NOPBT	31,940	60,474	48,088
NOPBT Margin	38.46%	55.79%	49.95%
Operating Taxes	3,750	8,639	1,909
Tax Rate	11.74%	14.29%	3.97%
NOPAT	28,190	51,835	46,179
Net income	16,678 -53.29%	35,709 346.36%	8,000 -42.40%
Dividends	(3,844)	(3,552)	(3,090)
Dividend yield	2.62%	1.62%	1.60%
Proceeds from repurchase of equity	(3,026)	(10,407)	(6,193)
BB yield	2.06%	4.75%	3.20%
Debt
Debt current		134,192	6,381
Long-term debt	291,030	442,423	133,152
Deferred revenue		(5,317)	123,365
Other long-term liabilities	2,299,437	1,190,684	(129,873)
Net debt	(496,160)	(309,344)	(695,084)
Cash flow
Cash from operating activities	26,247	42,748	33,481
CAPEX	(1,072)	(1,056)	(3,318)
Cash from investing activities	(73,764)	(350,987)	53,399
Cash from financing activities	38,993	251,457	(25,207)
FCF	31,977	(1,202,732)	(123,546)
Balance
Cash	390,203	445,233	452,050
Long term investments	396,987	440,726	382,567
Excess cash	783,037	880,539	829,804
Stockholders' equity	81,312	215,782	242,598
Invested Capital	2,733,843	2,516,788	535,698
ROIC	1.07%	3.40%	10.77%
ROCE	1.13%	2.21%	6.13%
EV
Common stock shares outstanding	9,842	10,181	10,500
Price	14.91 -30.75%	21.53 16.95%	18.41 11.31%
Market cap	146,742 -33.05%	219,191 13.39%	193,311 7.56%
EV	(349,418)	(90,153)	(501,773)
EBITDA	35,720	64,909	53,076
EV/EBITDA
Interest	58,681	14,784	11,728
Interest/NOPBT	183.72%	24.45%	24.39%