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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash-to-Debt 0.34
ISTR's Cash-to-Debt is ranked lower than
80% of the 1592 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.23 vs. ISTR: 0.34 )
Ranked among companies with meaningful Cash-to-Debt only.
ISTR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.15  Med: 0.25 Max: N/A
Current: 0.34
Equity-to-Asset 0.10
ISTR's Equity-to-Asset is ranked lower than
58% of the 1591 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. ISTR: 0.10 )
Ranked among companies with meaningful Equity-to-Asset only.
ISTR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09  Med: 0.11 Max: 0.12
Current: 0.1
0.09
0.12
Interest Coverage 1.37
ISTR's Interest Coverage is ranked lower than
57% of the 1515 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.69 vs. ISTR: 1.37 )
Ranked among companies with meaningful Interest Coverage only.
ISTR' s Interest Coverage Range Over the Past 10 Years
Min: 0.58  Med: 1.34 Max: 1.8
Current: 1.37
0.58
1.8
Beneish M-Score: -2.34
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % 28.57
ISTR's Operating Margin % is ranked lower than
58% of the 1606 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 31.37 vs. ISTR: 28.57 )
Ranked among companies with meaningful Operating Margin % only.
ISTR' s Operating Margin % Range Over the Past 10 Years
Min: 13.96  Med: 20.71 Max: 28.57
Current: 28.57
13.96
28.57
Net Margin % 19.60
ISTR's Net Margin % is ranked lower than
61% of the 1605 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 22.70 vs. ISTR: 19.60 )
Ranked among companies with meaningful Net Margin % only.
ISTR' s Net Margin % Range Over the Past 10 Years
Min: 9.29  Med: 15.83 Max: 19.6
Current: 19.6
9.29
19.6
ROE % 7.04
ISTR's ROE % is ranked lower than
63% of the 1603 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 8.58 vs. ISTR: 7.04 )
Ranked among companies with meaningful ROE % only.
ISTR' s ROE % Range Over the Past 10 Years
Min: 6.4  Med: 6.79 Max: 10.84
Current: 7.04
6.4
10.84
ROA % 0.71
ISTR's ROA % is ranked lower than
64% of the 1612 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. ISTR: 0.71 )
Ranked among companies with meaningful ROA % only.
ISTR' s ROA % Range Over the Past 10 Years
Min: 0.63  Med: 0.72 Max: 1.26
Current: 0.71
0.63
1.26
3-Year Revenue Growth Rate -3.30
ISTR's 3-Year Revenue Growth Rate is ranked lower than
81% of the 1354 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 4.20 vs. ISTR: -3.30 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
ISTR' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -3.3  Med: 3.6 Max: 5
Current: -3.3
-3.3
5
3-Year EBITDA Growth Rate 11.00
ISTR's 3-Year EBITDA Growth Rate is ranked higher than
64% of the 1256 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. ISTR: 11.00 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
ISTR' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: 11  Med: 11.7 Max: 14.1
Current: 11
11
14.1
3-Year EPS without NRI Growth Rate 10.70
ISTR's 3-Year EPS without NRI Growth Rate is ranked higher than
60% of the 1226 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.40 vs. ISTR: 10.70 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
ISTR' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: 10.7  Med: 11 Max: 25.5
Current: 10.7
10.7
25.5
GuruFocus has detected 4 Warning Signs with Investar Holding Corp $ISTR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» ISTR's 10-Y Financials

Financials (Next Earnings Date: 2017-07-28 Est.)


Revenue & Net Income
Equity & Asset
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Guru Trades

Q1 2016

ISTR Guru Trades in Q1 2016

Michael Price 175,000 sh (unchged)
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Q2 2016

ISTR Guru Trades in Q2 2016

Michael Price 175,000 sh (unchged)
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Q3 2016

ISTR Guru Trades in Q3 2016

Michael Price 175,000 sh (unchged)
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ISTR Guru Trades in Q4 2016

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Business Description

Industry: Banks » Banks - Regional - US    NAICS: 522110    SIC: 6029
Compare:NAS:PWOD, NAS:CSTR, NAS:FGBI, NAS:INBK, NAS:FNBG, NAS:ACNB, NAS:UNB, NAS:PVBC, NAS:HBMD, NAS:SMBK, NAS:SHBI, OTCBB:CZFS, AMEX:EVBN, NAS:CHMG, NAS:PMBC, OTCPK:JMSB, NAS:ORRF, NAS:BCBP, NAS:OSHC, OTCPK:CSHX » details
Headquarter Location:USA
Investar Holding Corp is a financial holding company. The Company is engaged in offering commercial and retail lending products throughout market areas, including business loans to small to medium-sized businesses as well as loans to individuals.

Investar Holding Corp was incorporated in 2009. It is a holding company for Investar Bank. Through its wholly-owned subsidiary, Investar Bank, a Louisiana-chartered commercial bank, the Company offers commercial banking products tailored to meet the needs of individuals and small to medium-sized businesses. The Company serves primary markets of Baton Rouge, New Orleans, Lafayette and Hammond, Louisiana, and their surrounding metropolitan areas from its main office located in Baton Rouge and from nine additional full-service branches located throughout its market area. The Company's competitors include national, regional and community banks within the various markets. The Company is subject to extensive regulation and supervision that governs almost all aspects of its operations, including, among other things, its lending practices, capital structure, investment practices, dividend policy, operations and growth.

Top Ranked Articles about Investar Holding Corp

Investar Bank Adds Two Veteran Bankers
Investar Holding Corporation Announces Closing of Subordinated Notes Offering

BATON ROUGE, La., March 24, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the parent holding company of Investar Bank, today announced the closing of its underwritten public offering of $18.6 million in Fixed-to-Floating Rate Subordinated Notes due 2027 (the “Notes”). 
The Notes will initially bear interest at 6.00% per annum, payable semi-annually in arrears commencing on September 30, 2017, with interest commencing on the issue date, to, but excluding, March 30, 2022, and, thereafter, payable quarterly in arrears, at an annual floating rate equal to three-month LIBOR (but not less than zero) as determined for the applicable quarterly period, plus 3.945%. The Notes will mature on March 30, 2027. The Notes were offered to the public at par. Sandler O’Neill Partners, L.P. served as the sole book-running manager for the Notes offering.  Investar intends to use the net proceeds of the Notes offering to fund a portion of the purchase price of its recently announced proposed merger transaction with Citizens Bancshares, Inc. and for general corporate purposes, including investments in Investar Bank. This press release will not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Registration statements relating to these securities have been filed with the Securities and Exchange Commission and are effective, and the offering is being made only by means of a prospectus. A written prospectus for this offering may be obtained without charge by visiting the SEC’s website at www.sec.gov, or may be obtained from Sandler O’Neill Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, Telephone Number: 1-866-805-4128. About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank.  Investar’s primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market. At December 31, 2016, Investar had 152 full-time equivalent employees. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on Investar’s internet website http://www.investarbank.com. Investar disclaims any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]

Read more...
Investar Holding Corporation Announces Closing of Common Stock Offering

BATON ROUGE, La., March 22, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the parent holding company of Investar Bank, today announced the closing of its underwritten public offering of 1,623,530 shares of its common stock at a price to the public of $21.25 per share, including 211,765 shares of common stock issued upon the exercise of the underwriters’ purchase option. 
Sandler O'Neill Partners, L.P. served as the sole book-running manager for the offering, Raymond James & Associates, Inc. served as lead manager, and Hovde Group, LLC and Piper Jaffray served as co-managers. Investar expects to use the net proceeds from the common stock offering for general corporate purposes, including investments in Investar Bank and potential strategic acquisitions. This press release will not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.  A registration statement relating to these securities has been filed with the Securities and Exchange Commission and is effective, and the offering is being made only by means of a prospectus.  A written prospectus for this offering may be obtained without charge by visiting the SEC's website at www.sec.gov, or may be obtained from Sandler O'Neill Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, Telephone Number: 1-866-805-4128. About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank.  Investar's primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market.  At December 31, 2016, Investar had 152 full-time equivalent employees. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on Investar's internet website http://www.investarbank.com. Investar disclaims any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]


Read more...
Investar Holding Corporation Announces Pricing of Subordinated Notes Offering

BATON ROUGE, La., March 21, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the parent holding company of Investar Bank, today announced the pricing of its public offering of $18.6 million of its Fixed-to-Floating Rate Subordinated Notes due 2027 (the “Notes”).
The Notes will initially bear interest at 6.00% per annum, payable semi-annually in arrears commencing on September 30, 2017, with interest commencing on the issue date, to, but excluding, March 30, 2022, and, thereafter, payable quarterly in arrears, at an annual floating rate equal to three-month LIBOR (but not less than zero) as determined for the applicable quarterly period, plus 3.945%. The Notes will mature on March 30, 2027. The Notes have been offered to the public at par. Sandler O’Neill Partners, L.P. served as the sole book-running manager for the Notes offering.  The Notes offering is expected to close, subject to customary closing conditions, on March 24, 2017. Investar intends to use the net proceeds of the Notes offering to fund a portion of the purchase price of its recently announced proposed merger transaction with Citizens Bancshares, Inc. and for general corporate purposes, including investments in Investar Bank. Investar is also conducting a concurrent underwritten public offering of 1,411,765 shares of its common stock at a price to the public of $21.25 per share. Today, the underwriters exercised their 30-day option to purchase an additional 211,765 shares of Investar common stock in that offering at the public offering price, less the underwriting discount of $1.0625 per share. The common stock offering is expected to close, subject to customary closing conditions, on March 22, 2017. Additional Information Regarding the Notes Offering The offering of Notes is being made pursuant to an effective shelf registration statement (File No. 333-215238) filed by Investar with the Securities and Exchange Commission (“SEC”) and only by means of a prospectus supplement and accompanying prospectus. A preliminary prospectus supplement has been filed with the SEC to which this communication relates. Prospective investors should read the preliminary prospectus supplement and the accompanying prospectus and other documents Investar has filed with the SEC for more complete information about Investar and the offering.  Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the Notes offering can be obtained without charge by visiting the SEC’s website at www.sec.gov, or may be obtained from Sandler O’Neill Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, Telephone Number: 1-866-805-4128. This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, any securities. There will be no sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering of the Notes is being made only by means of a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank. Investar’s primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market. At December 31, 2016, Investar had 152 full-time equivalent employees. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on Investar’s internet website http://www.investarbank.com.  Investar disclaims any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law. 
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]

Read more...
Investar Holding Corporation Announces Pricing of Common Stock Offering

BATON ROUGE, La., March 16, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the parent holding company of Investar Bank, today announced the pricing of an underwritten public offering of 1,411,765 shares of its common stock at a price to the public of $21.25 per share, for gross proceeds of approximately $30.0 million. The net proceeds to Investar, after deducting the underwriting discount, are expected to be approximately $28.5 million. Investar has granted the underwriters a 30-day option to purchase up to an additional 211,765 shares of Investar common stock at the public offering price, less the underwriting discount.
Sandler O'Neill Partners, L.P. served as the sole book-running manager for the offering, Raymond James & Associates, Inc. served as lead manager, and Hovde Group, LLC and Piper Jaffray served as co-managers. Investar expects to use the net proceeds from the common stock offering for general corporate purposes, including investments in Investar Bank and potential strategic acquisitions. Investar expects to close the offering, subject to customary conditions, on or about March 22, 2017. Additional Information Regarding the Offering The offering of common stock is being made pursuant to an effective shelf registration statement (File No. 333-215238) filed by Investar with the Securities and Exchange Commission (“SEC”) and only by means of a prospectus supplement and accompanying prospectus. A preliminary prospectus supplement has been filed with the SEC to which this communication relates. Prospective investors should read the preliminary prospectus supplement and the accompanying prospectus and other documents Investar has filed with the SEC for more complete information about Investar and the offering.  Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the common stock offering can be obtained without charge by visiting the SEC's website at www.sec.gov, or may be obtained from Sandler O'Neill Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, Telephone Number: 1-866-805-4128. This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, any securities. There will be no sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering of the common stock is being made only by means of a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank. Investar's primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market. At December 31, 2016, Investar had 152 full-time equivalent employees. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on Investar's internet website http://www.investarbank.com. Investar disclaims any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]

Read more...
Investar Holding Corporation Declares a 65% Increase in its Quarterly Cash Dividend

BATON ROUGE, La., March 15, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company of Investar Bank, declared a quarterly cash dividend of $0.02 per share to holders of Investar Holding Corporation common stock. The dividend is payable on April 28, 2017 to shareholders of record as of March 29, 2017. This represents a 65% increase in the dividend per share compared to the prior quarter and is the 14th quarterly dividend paid by Investar Holding Corporation, which follows an uninterrupted 11 quarterly cash dividends paid by Investar Bank.
About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a Louisiana-chartered bank. The Bank had total assets of approximately $1.2 billion as of December 31, 2016. Investar Bank currently operates 10 branches serving southeast Louisiana. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on the Investar internet website http://www.investarbank.com. We disclaim any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]


Read more...
Investar Holding Corporation Announces Commencement of Subordinated Notes and Common Stock Offerings
BATON ROUGE, La., March 15, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation (“Investar”) (NASDAQ:ISTR), the parent holding company of Investar Bank, today announced that it has commenced underwritten public offerings of its subordinated notes (“Notes”) and $30.0 million of its common stock (“Common Stock”). Investar also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its Common Stock sold in the Common Stock offering.
Investar intends to use the net proceeds of the Notes offering to fund a portion of the purchase price of its recently announced proposed merger transaction with Citizens Bancshares, Inc. and for general corporate purposes, including investments in Investar Bank. Investar expects to use the net proceeds from the Common Stock offering for general corporate purposes, including investments in Investar Bank and potential strategic acquisitions. Sandler O'Neill Partners, L.P. will serve as the sole book-running manager for the Notes offering.  Sandler O'Neill Partners, L.P. is the sole book-running manager for the Common Stock offering, Raymond James & Associates, Inc. will serve as lead manager, and Hovde Group, LLC and Piper Jaffray will serve as co-managers. The Common Stock offering and the Notes offering will be conducted as separate public offerings by means of separate prospectus supplements filed as part of an effective shelf registration statement on Form S-3 (File No. 333-215238) with the Securities and Exchange Commission (the “SEC”). Neither of these offerings is contingent upon the consummation of the other. Prospective investors, including current shareholders interested in participating in the offering, should read the prospectus in the registration statement, the preliminary prospectus supplements and other documents that Investar has filed with the SEC for more complete information about Investar and the offerings.Copies of the preliminary prospectus supplement and accompanying base prospectus relating to the Notes offering and the Common Stock offering can be obtained without charge by visiting the SEC's website at www.sec.gov, or may be obtained from Sandler O'Neill Partners, L.P., 1251 Avenue of the Americas, 6th Floor, New York, New York 10020, Attn: Syndicate Operations, Telephone Number: 1-866-805-4128.This press release is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, any securities. There will be no sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offering of the Notes or Common Stock is being made only by means of a written prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.About InvestarInvestar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank. Investar's primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market. At December 31, 2016, Investar had 152 full-time equivalent employees.Forward-Looking StatementsThis press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events.Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on Investar’s internet website http://www.investarbank.com.Investar disclaims any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]

Read more...
Investar Holding Corporation Announces Agreement to Acquire Citizens Bancshares, Inc., Ville Platte, Louisiana

BATON ROUGE, La., March 08, 2017 (GLOBE NEWSWIRE) -- Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, today announced that it has entered into a definitive agreement (the “Agreement”) to acquire Citizens Bancshares, Inc. (“Citizens”) and its wholly-owned subsidiary, Citizens Bank, Ville Platte, Louisiana. According to the terms of the Agreement, Investar will pay a total amount of cash merger consideration to shareholders of Citizens equal to $45.8 million.   
At December 31, 2016, Citizens had approximately $245.5 million in assets, $126.8 million in net loans, and $208.7 million in deposits and $35.6 million in stockholder’s equity. Citizens offers a full range of banking products and services to the residents of Evangeline Parish through its three branch locations.  Investar’s acquisition of Citizens would expand Investar’s branch footprint in the Louisiana market—further bolstering its core deposit base and positioning Investar to continue to build on its existing record of growth and client service under the leadership of its current management team. For Citizens, the transactions would offer the benefits of additional financial strength and the expanded resources of a larger banking enterprise.  Although Citizens’ three existing locations will transition to the Investar name, the experienced Citizens branch staff is expected to remain intact, continuing to provide exemplary and personal service to Citizens’ growing customer base. Investar estimates annual pre-tax expense reductions associated with the transaction will exceed 30% of Citizen Bank’s annual non-interest expenses. The expense savings are estimated to be fully achieved beginning in 2018. The transaction is expected to be over 20% accretive to 2018 EPS, the first full year of combined operations. “I am excited to add Citizens’ customers and branches into the Investar brand,” said John D’Angelo, President and Chief Executive Officer of Investar. “The acquisition fits well with our strategy of expanding Investar’s footprint in the Louisiana market. We see tremendous value in the acquisition of this 40-year-old franchise that includes a loyal customer base and which brings an attractive cost of funds. As a community bank, we are focused on customer service, and we look forward to providing enhanced products and services to the customers, employees and communities that we serve.” Carl Fontenot, President and Chief Executive Officer of Citizens Bank stated, “We have worked hard over many years to build and maintain a community bank we can all be proud of. Our commitment to quality has not changed as we join with Investar. We are excited to be part of a community bank that can offer our customers a wider range of products and that embraces our tireless commitment to the community.  Citizens Bank’s customers should see a seamless transition and have the ability to work with the same local leadership following the proposed acquisition.”       The proposed Citizens acquisition transactions are expected to be completed in the third quarter of 2017. The respective boards of each of Citizens and Investar have unanimously approved the transactions.  Consummation of the proposed transactions remain subject to the parties’ receipt of all necessary regulatory approvals, as well as the requisite approval of Citizens’ shareholders.   Sandler O’Neill & Partners, L.P. acted as financial advisor to Investar Holding Corporation. Fenimore, Kay, Harrison & Ford LLP served as legal counsel to Investar Holding Corporation and McGlinchey Stafford PLLC served as legal counsel to Citizens Bancshares, Inc. About Investar Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank. The Company’s primary market is South Louisiana and it currently operates 10 full service banking offices located throughout its market. At December 31, 2016, the Company had 152 full-time equivalent employees. Forward-Looking Statements This press release may include forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon current expectations and assumptions about our business that are subject to a variety of risks and uncertainties that could cause the actual results to differ materially from those described in this press release. You should not rely on forward-looking statements as a prediction of future events. Additional information regarding factors that could cause actual results to differ materially from those discussed in any forward-looking statements are described in reports and registration statements we file with the SEC, including our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, copies of which are available on the Investar internet website http://www.investarbank.com. We disclaim any obligation to update any forward-looking statements or any changes in events, conditions or circumstances upon which any forward-looking statement may be based except as required by law.
Contact:
Investar Holding Corporation
Chris Hufft
Chief Financial Officer
(225) 227-2215
[email protected]

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Ratios

vs
industry
vs
history
PE Ratio 20.04
ISTR's PE Ratio is ranked lower than
72% of the 1510 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.59 vs. ISTR: 20.04 )
Ranked among companies with meaningful PE Ratio only.
ISTR' s PE Ratio Range Over the Past 10 Years
Min: 14.1  Med: 16.48 Max: 61.22
Current: 20.04
14.1
61.22
PE Ratio without NRI 20.04
ISTR's PE Ratio without NRI is ranked lower than
72% of the 1477 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.63 vs. ISTR: 20.04 )
Ranked among companies with meaningful PE Ratio without NRI only.
ISTR' s PE Ratio without NRI Range Over the Past 10 Years
Min: 14.1  Med: 16.48 Max: 61.22
Current: 20.04
14.1
61.22
PB Ratio 1.43
ISTR's PB Ratio is ranked lower than
61% of the 1611 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.20 vs. ISTR: 1.43 )
Ranked among companies with meaningful PB Ratio only.
ISTR' s PB Ratio Range Over the Past 10 Years
Min: 0.92  Med: 1.04 Max: 1.44
Current: 1.43
0.92
1.44
PS Ratio 3.98
ISTR's PS Ratio is ranked lower than
60% of the 1586 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.40 vs. ISTR: 3.98 )
Ranked among companies with meaningful PS Ratio only.
ISTR' s PS Ratio Range Over the Past 10 Years
Min: 2.56  Med: 2.84 Max: 4.03
Current: 3.98
2.56
4.03
Price-to-Free-Cash-Flow 4.84
ISTR's Price-to-Free-Cash-Flow is ranked higher than
73% of the 870 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.33 vs. ISTR: 4.84 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
ISTR' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 3.04  Med: 4.3 Max: 42.96
Current: 4.84
3.04
42.96
Price-to-Operating-Cash-Flow 4.31
ISTR's Price-to-Operating-Cash-Flow is ranked higher than
72% of the 940 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10.82 vs. ISTR: 4.31 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
ISTR' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.71  Med: 4.25 Max: 65.3
Current: 4.31
2.71
65.3
EV-to-EBIT 22.00
ISTR's EV-to-EBIT is ranked lower than
70% of the 1668 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.52 vs. ISTR: 22.00 )
Ranked among companies with meaningful EV-to-EBIT only.
ISTR' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.1  Med: 18.05 Max: 29.8
Current: 22
14.1
29.8
EV-to-EBITDA 19.48
ISTR's EV-to-EBITDA is ranked lower than
69% of the 1685 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 11.29 vs. ISTR: 19.48 )
Ranked among companies with meaningful EV-to-EBITDA only.
ISTR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.4  Med: 15.8 Max: 24.7
Current: 19.48
12.4
24.7
PEG Ratio 1.47
ISTR's PEG Ratio is ranked lower than
51% of the 811 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.43 vs. ISTR: 1.47 )
Ranked among companies with meaningful PEG Ratio only.
ISTR' s PEG Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 1.47
Current: 1.47
0
1.47

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 0.24
ISTR's Dividend Yield % is ranked lower than
99% of the 2319 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.69 vs. ISTR: 0.24 )
Ranked among companies with meaningful Dividend Yield % only.
ISTR' s Dividend Yield % Range Over the Past 10 Years
Min: 0.1  Med: 0.22 Max: 0.26
Current: 0.24
0.1
0.26
Dividend Payout Ratio 0.04
ISTR's Dividend Payout Ratio is ranked higher than
98% of the 1315 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.33 vs. ISTR: 0.04 )
Ranked among companies with meaningful Dividend Payout Ratio only.
ISTR' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.02  Med: 0.03 Max: 0.04
Current: 0.04
0.02
0.04
Forward Dividend Yield % 0.36
ISTR's Forward Dividend Yield % is ranked lower than
98% of the 2248 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.73 vs. ISTR: 0.36 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 0.24
ISTR's 5-Year Yield-on-Cost % is ranked lower than
100% of the 2649 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 3.31 vs. ISTR: 0.24 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
ISTR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.1  Med: 0.22 Max: 0.26
Current: 0.24
0.1
0.26
3-Year Average Share Buyback Ratio -21.90
ISTR's 3-Year Average Share Buyback Ratio is ranked lower than
91% of the 1042 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -1.80 vs. ISTR: -21.90 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
ISTR' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -50.7  Med: -30 Max: -21.9
Current: -21.9
-50.7
-21.9

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.44
ISTR's Price-to-Tangible-Book is ranked lower than
58% of the 1576 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.27 vs. ISTR: 1.44 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
ISTR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1  Med: 1.2 Max: 1.46
Current: 1.44
1
1.46
Price-to-Median-PS-Value 1.40
ISTR's Price-to-Median-PS-Value is ranked lower than
72% of the 1462 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.14 vs. ISTR: 1.40 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
ISTR' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.99  Med: 1.13 Max: 1.42
Current: 1.4
0.99
1.42
Price-to-Graham-Number 1.13
ISTR's Price-to-Graham-Number is ranked lower than
63% of the 1364 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.96 vs. ISTR: 1.13 )
Ranked among companies with meaningful Price-to-Graham-Number only.
ISTR' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.82  Med: 0.95 Max: 1.15
Current: 1.13
0.82
1.15
Earnings Yield (Greenblatt) % 4.53
ISTR's Earnings Yield (Greenblatt) % is ranked lower than
53% of the 2207 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.95 vs. ISTR: 4.53 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
ISTR' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 3.4  Med: 5.5 Max: 7.1
Current: 4.53
3.4
7.1

More Statistics

Revenue (TTM) (Mil) $40.21
EPS (TTM) $ 1.11
Short Percentage of Float0.15%
52-Week Range $14.96 - 22.60
Shares Outstanding (Mil)8.81
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Investar Holding Corporation Announces Agreement to Acquire Citizens Bancshares, Inc., Ville Platte, Mar 08 2017 
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