NasdaqGM:ISTR

Stock Analysis Report

Executive Summary

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.

Snowflake

Fundamentals

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Investar Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.0%

ISTR

-1.1%

US Banks

-0.6%

US Market


1 Year Return

-12.6%

ISTR

-6.9%

US Banks

0.6%

US Market

ISTR underperformed the Banks industry which returned -6.4% over the past year.

ISTR underperformed the Market in United States of America which returned 1.1% over the past year.


Share holder returns

ISTRIndustryMarket
7 Day-1.0%-1.1%-0.6%
30 Day2.4%8.5%2.2%
90 Day0.6%4.6%1.1%
1 Year-11.9%-12.6%-4.2%-6.9%2.9%0.6%
3 Year56.1%53.4%53.6%43.1%44.6%35.2%
5 Year79.3%75.6%63.8%46.1%61.9%44.2%

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

2 weeks ago | Simply Wall St

Is Investar Holding Corporation (NASDAQ:ISTR) Excessively Paying Its CEO?

Valuation

Is Investar Holding undervalued based on future cash flows and its price relative to the stock market?

8%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Investar Holding's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Investar Holding's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Investar Holding is overvalued based on earnings compared to the US Banks industry average.

Investar Holding is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Investar Holding is good value based on expected growth next year.


Price Based on Value of Assets

Investar Holding is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Investar Holding expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Investar Holding's revenue is expected to grow by 11.9% yearly, however this is not considered high growth (20% yearly).

Investar Holding's earnings are expected to grow by 17.3% yearly, however this is not considered high growth (20% yearly).

Investar Holding's revenue growth is expected to exceed the United States of America market average.

Investar Holding's earnings growth is expected to exceed the United States of America market average.

Investar Holding's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Investar Holding is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Investar Holding performed over the past 5 years?

22.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Investar Holding has delivered over 20% year on year earnings growth in the past 5 years.

Investar Holding's 1-year earnings growth exceeds its 5-year average (53.6% vs 22.9%)

Investar Holding's earnings growth has exceeded the US Banks industry average in the past year (53.6% vs 32%).


Return on Equity

Investar Holding has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Investar Holding used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Investar Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

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


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Investar Holding has an acceptable proportion of non-loan assets held.

Investar Holding has a sufficient allowance for bad loans.

Investar Holding's liabilities are made up of primarily low risk sources of funding.

Investar Holding's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Investar Holding are broadly funded by customer deposits.

Investar Holding has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Investar Holding's current dividend yield, its reliability and sustainability?

1.05%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Investar Holding's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).

Investar Holding's dividend is below the markets top 25% of dividend payers in United States of America (3.71%).

Whilst dividend payments have been stable, Investar Holding has been paying a dividend for less than 10 years.

Dividend payments have increased, but Investar Holding only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (8.2x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (8.7x coverage).


Next Steps

Management

What is the CEO of Investar Holding's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

John D'Angelo (59yo)

5.8yrs

Tenure

US$857,344

Compensation

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

John's remuneration is about average for companies of similar size in United States of America.

John's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.9yrs

Average Tenure

48yo

Average Age

The tenure for the Investar Holding management team is about average.


Board Age and Tenure

6.7yrs

Average Tenure

61.5yo

Average Age

The tenure for the Investar Holding board of directors is about average.


Insider Trading

More shares have been bought than sold by Investar Holding individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$66111 Sep 19
David Lukinovich
EntityIndividual
Role
Member of the Board of Directors
Director
Shares29
Max PriceUS$22.80
BuyUS$39711 Sep 19
David Lukinovich
EntityIndividual
Role
Member of the Board of Directors
Director
Shares17
Max PriceUS$23.38
BuyUS$1,16910 May 19
Ryan Finnan
EntityIndividual
Role
Senior Key Executive
Executive Vice President
Shares49
Max PriceUS$23.85
BuyUS$23,29001 May 19
Andrew Nelson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$23.29
BuyUS$1,04321 Mar 19
David Lukinovich
EntityIndividual
Role
Member of the Board of Directors
Director
Shares45
Max PriceUS$23.18
BuyUS$117,50018 Mar 19
Robert Jordan
EntityIndividual
Shares5,000
Max PriceUS$23.50
BuyUS$2,36505 Mar 19
John D'Angelo
EntityIndividual
Role
Chief Executive Officer
President
Shares100
Max PriceUS$23.65
BuyUS$6,71014 Feb 19
Gordon Joffrion
EntityIndividual
Role
Member of the Board of Directors
Director
Shares283
Max PriceUS$23.71
BuyUS$48,06004 Feb 19
Andrew Nelson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares2,000
Max PriceUS$24.03
BuyUS$5,05006 Nov 18
Suzanne Middleton
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$25.25
BuyUS$6,35101 Nov 18
Frank Walker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares250
Max PriceUS$25.50
BuyUS$9,74031 Oct 18
Gordon Joffrion
EntityIndividual
Role
Member of the Board of Directors
Director
Shares382
Max PriceUS$25.50
BuyUS$5,12431 Oct 18
Suzanne Middleton
EntityIndividual
Role
Member of the Board of Directors
Director
Shares200
Max PriceUS$25.62
BuyUS$12,56531 Oct 18
Robert Boyce
EntityIndividual
Role
Member of the Board of Directors
Director
Shares500
Max PriceUS$25.65
BuyUS$25,00031 Oct 18
Thomas Besselman
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$25.00
BuyUS$112,50030 Oct 18
Andrew Nelson
EntityIndividual
Role
Member of the Board of Directors
Director
Shares4,500
Max PriceUS$25.00
BuyUS$12,25030 Oct 18
David Lukinovich
EntityIndividual
Role
Member of the Board of Directors
Director
Shares490
Max PriceUS$25.00
BuyUS$152,80030 Oct 18
Robert Jordan
EntityIndividual
Shares6,000
Max PriceUS$25.50
BuyUS$25,62530 Oct 18
James Baker
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,025
Max PriceUS$25.00
BuyUS$25,97830 Oct 18
William Hidalgo
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,000
Max PriceUS$25.99

Ownership Breakdown


Management Team

  • John D'Angelo (59yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$857.34k
  • Travis Lavergne (35yo)

    Chief Credit Officer & Executive VP

    • Tenure: 7.2yrs
  • Dane Babin (43yo)

    Executive VP & COO

    • Tenure: 3.9yrs
    • Compensation: US$245.67k
  • Rachel Cherco (59yo)

    Executive VP

    • Tenure: 3.9yrs
    • Compensation: US$183.15k
  • Ryan Finnan (44yo)

    Executive Vice President

    • Tenure: 10.7yrs
    • Compensation: US$201.80k
  • Chris Hufft (46yo)

    Executive VP & CFO

    • Tenure: 3.9yrs
    • Compensation: US$401.89k
  • Randy Kassmeier (66yo)

    Executive VP

    • Tenure: 0yrs
  • Jeff Blum (50yo)

    Executive VP and President of Commercial & Industrial Banking

    • Tenure: 1.7yrs

Board Members

  • Bill Hidalgo (79yo)

    Chairman of the Board

    • Tenure: 6.7yrs
    • Compensation: US$19.99k
  • Frank Walker (58yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$19.99k
  • John D'Angelo (59yo)

    President

    • Tenure: 5.8yrs
    • Compensation: US$857.34k
  • James Baker (64yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$12.50k
  • Tom Besselman (69yo)

    Director

    • Tenure: 10.7yrs
    • Compensation: US$12.50k
  • Robert Boyce (66yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$19.99k
  • Don Joffrion (65yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$12.50k
  • David Lukinovich (59yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$19.99k
  • Suzanne Middleton (59yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$19.99k
  • Andrew Nelson (53yo)

    Director

    • Tenure: 6.7yrs
    • Compensation: US$19.99k

Company Information

Investar Holding Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Investar Holding Corporation
  • Ticker: ISTR
  • Exchange: NasdaqGM
  • Founded: 2006
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$231.384m
  • Shares outstanding: 9.80m
  • Website: https://www.investarbank.com

Number of Employees


Location

  • Investar Holding Corporation
  • 10500 Coursey Boulevard
  • Baton Rouge
  • Louisiana
  • 70816
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ISTRNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDJul 2014

Biography

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 Louisi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 00:16
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.