Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products for individuals and small to medium-sized businesses in South Louisiana.
Flawless balance sheet and undervalued.
Share Price & News
How has Investar Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ISTR has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ISTR underperformed the US Banks industry which returned 11.1% over the past year.
Return vs Market: ISTR underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Investar Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDespite Its High P/E Ratio, Is Investar Holding Corporation (NASDAQ:ISTR) Still Undervalued?
3 weeks ago | Simply Wall StInsider Buying: The Investar Holding Corporation (NASDAQ:ISTR) Independent Director Just Bought US$138k Worth Of Shares
1 month ago | Simply Wall StWhy Investar Holding Corporation's (NASDAQ:ISTR) CEO Pay Matters To You
Is Investar Holding undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISTR ($22.5) is trading below our estimate of fair value ($32.75)
Significantly Below Fair Value: ISTR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ISTR is poor value based on its PE Ratio (13.4x) compared to the Banks industry average (12.6x).
PE vs Market: ISTR is good value based on its PE Ratio (13.4x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ISTR is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: ISTR is good value based on its PB Ratio (1x) compared to the US Banks industry average (1.2x).
How is Investar Holding forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISTR's forecast earnings growth (20.5% per year) is above the savings rate (1.7%).
Earnings vs Market: ISTR's earnings (20.5% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ISTR's revenue (14.4% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: ISTR's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ISTR's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Investar Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISTR has high quality earnings.
Growing Profit Margin: ISTR's current net profit margins (24.4%) are higher than last year (22.7%).
Past Earnings Growth Analysis
Earnings Trend: ISTR's earnings have grown significantly by 21.8% per year over the past 5 years.
Accelerating Growth: ISTR's earnings growth over the past year (25.5%) exceeds its 5-year average (21.8% per year).
Earnings vs Industry: ISTR earnings growth over the past year (25.5%) exceeded the Banks industry 12.2%.
Return on Equity
High ROE: ISTR's Return on Equity (7%) is considered low.
Return on Assets
Return on Capital Employed
How is Investar Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: ISTR has a low level of unsold assets or inventory.
Debt Coverage by Assets: ISTR's debt is not covered by short term assets (assets are 0.3x debt).
Financial Institutions Analysis
Asset Level: ISTR's level of assets compared to its equity is low.
Allowance for Bad Loans: ISTR has a sufficient allowance for bad loans.
Low Risk Liabilities: ISTR's liabilities are made up of primarily low risk sources of funding.
Loan Level: ISTR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: ISTR's loans are broadly funded by customer deposits.
Level of Bad Loans: ISTR has an appropriate level of bad loans (0.37%)
What is Investar Holding's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ISTR's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: ISTR's dividend (1.07%) is low compared to the top 25% of dividend payers in the US market (3.71%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ISTR has been paying a dividend for less than 10 years.
Growing Dividend: ISTR's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (13.5%), ISTR's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ISTR's dividends in 3 years are forecast to be thoroughly covered by earnings (12.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John D'Angelo (59yo)
Mr. John J. D’Angelo serves as President, Chief Executive Officer and Director at Investar Holding Corporation Investar Bank, National Association (the “Bank”). Prior to the bank’s organization, he served ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD857.34K) is about average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||4.3yrs||US$401.89k||0.23% $563.1k|
|Executive VP & COO||4.3yrs||US$245.67k||0.15% $381.8k|
|Executive VP||4.3yrs||US$183.15k||0.11% $264.1k|
|Executive VP||0yrs||no data||0.13% $314.9k|
|Executive Vice President||11.1yrs||US$201.80k||0.17% $411.1k|
|Chief Credit Officer & Executive VP||7.6yrs||no data||0.081% $200.5k|
|Executive VP and President of Commercial & Industrial Banking||2.1yrs||no data||no data|
Experienced Management: ISTR's management team is considered experienced (4.3 years average tenure).
|Chairman of the Board||7.1yrs||US$19.99k||0.53% $1.3m|
|Independent Director||7.1yrs||US$12.50k||0.082% $203.3k|
|Independent Director||11.1yrs||US$12.50k||0.82% $2.0m|
|Independent Director||11.1yrs||US$12.50k||0.25% $617.9k|
|Independent Director||7.1yrs||US$19.99k||0.49% $1.2m|
|Independent Director||7.1yrs||US$19.99k||0.28% $691.5k|
|Independent Director||7.1yrs||US$19.99k||0.24% $596.5k|
|Independent Director||7.1yrs||US$19.99k||1.03% $2.6m|
Experienced Board: ISTR's board of directors are considered experienced (7.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ISTR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.1%.
Investar Holding Corporation's company bio, employee growth, exchange listings and data sources
- Name: Investar Holding Corporation
- Ticker: ISTR
- Exchange: NasdaqGM
- Founded: 2006
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$248.903m
- Shares outstanding: 11.06m
- Website: https://www.investarbank.com
Number of Employees
- Investar Holding Corporation
- 10500 Coursey Boulevard
- Baton Rouge
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ISTR||NasdaqGM (Nasdaq Global Market)||Yes||Common Stock||US||USD||Jul 2014|
Investar Holding Corporation operates as the bank holding company for Investar Bank that provides a range of commercial banking products for 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; loans for the construction of commercial projects, and single family residential and multifamily properties; commercial and industrial loans, such as working capital lines of credit and equipment loans; consumer loans comprising secured and unsecured installment and term loans, second mortgages, home equity loans and lines of credit, and auto loans, as well as loans for personal, family, and household purposes; and one-to-four family residential real estate loans consisting of second and other second mortgage loans. In addition, the company offers cash management products, including remote deposit capture, 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, and merchant card 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 02:20|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.