Investar Holding
Market Cap
US$181.0m
Last Updated
2020/11/29 00:22 UTC
Data Sources
Company Financials +
Executive Summary
Investar Holding Corporation operates as the bank holding company for Investar Bank that provides various commercial banking products to individuals and small to medium-sized businesses in South Louisiana. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
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
Stable Share Price: ISTR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ISTR's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
6.7%
ISTR
6.0%
US Banks
2.8%
US Market
1 Year Return
-31.9%
ISTR
-17.4%
US Banks
20.9%
US Market
Return vs Industry: ISTR underperformed the US Banks industry which returned -17.3% over the past year.
Return vs Market: ISTR underperformed the US Market which returned 20.7% over the past year.
Shareholder returns
| ISTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.7% | 6.0% | 2.8% |
| 30 Day | 30.1% | 23.6% | 11.1% |
| 90 Day | 21.7% | 17.6% | 6.5% |
| 1 Year | -30.8%-31.9% | -14.3%-17.4% | 23.6%20.9% |
| 3 Year | -25.3%-27.6% | -3.9%-11.9% | 47.3%37.6% |
| 5 Year | 0.9%-2.8% | 35.9%18.9% | 94.3%72.9% |
Long-Term 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
How Much Does Investar Holding's (NASDAQ:ISTR) CEO Make?1 month ago | Simply Wall St
Here's How We Evaluate Investar Holding Corporation's (NASDAQ:ISTR) Dividend2 months ago | Simply Wall St
Why You Might Be Interested In Investar Holding Corporation (NASDAQ:ISTR) For Its Upcoming DividendValuation
Is Investar Holding undervalued compared to its fair value and its price relative to the market?
14.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ISTR ($17.04) is trading above our estimate of fair value ($12.29)
Significantly Below Fair Value: ISTR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ISTR is poor value based on its PE Ratio (14.5x) compared to the US Banks industry average (11.4x).
PE vs Market: ISTR is good value based on its PE Ratio (14.5x) compared to the US market (19.7x).
Price to Earnings Growth Ratio
PEG Ratio: ISTR is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: ISTR is good value based on its PB Ratio (0.8x) compared to the US Banks industry average (0.9x).
Next Steps
Future Growth
How is Investar Holding forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
11.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISTR's forecast earnings growth (11.7% per year) is above the savings rate (2.2%).
Earnings vs Market: ISTR's earnings (11.7% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: ISTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: ISTR's revenue (4.7% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: ISTR's revenue (4.7% 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 (6.2%).
Next Steps
Past Performance
How has Investar Holding performed over the past 5 years?
18.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISTR has high quality earnings.
Growing Profit Margin: ISTR's current net profit margins (17.5%) are lower than last year (25.1%).
Past Earnings Growth Analysis
Earnings Trend: ISTR's earnings have grown by 18.1% per year over the past 5 years.
Accelerating Growth: ISTR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ISTR had negative earnings growth (-24.4%) over the past year, making it difficult to compare to the Banks industry average (-4.3%).
Return on Equity
High ROE: ISTR's Return on Equity (5.3%) is considered low.
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
Financial Institutions Analysis
Asset Level: ISTR's Assets to Equity ratio (9.8x) is low.
Allowance for Bad Loans: ISTR has a sufficient allowance for bad loans (154%).
Low Risk Liabilities: 88% of ISTR's liabilities are made up of primarily low risk sources of funding.
Loan Level: ISTR has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: ISTR's Loans to Deposits ratio (99%) is appropriate.
Level of Bad Loans: ISTR has an appropriate level of bad loans (0.7%).
Next Steps
Dividend
What is Investar Holding current dividend yield, its reliability and sustainability?
1.53%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ISTR's dividend (1.53%) is higher than the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: ISTR's dividend (1.53%) is low compared to the top 25% of dividend payers in the US market (4.08%).
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 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.8%), ISTR's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ISTR's dividends in 3 years are forecast to be well covered by earnings (20.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
John D'Angelo (60 yo)
7yrs
Tenure
US$965,906
Compensation
Mr. John J. D’Angelo serves as President, Chief Executive Officer and Director at Investar Holding Corporation Investar Bank, National Association. Prior to the Investar Bank’s organization, he served as a...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD965.91K) is about average for companies of similar size in the US market ($USD1.10M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$965.91k | 1.66% $ 3.0m | |
| Executive VP & CFO | 5.08yrs | US$484.12k | 0.26% $ 463.7k | |
| Executive VP & COO | 5.08yrs | US$289.27k | 0.18% $ 316.9k | |
| Executive VP | 5.08yrs | US$183.15k | 0.11% $ 198.5k | |
| Executive VP | 9.83yrs | no data | 0.13% $ 239.0k | |
| Executive Vice President | 11.83yrs | US$201.80k | 0.17% $ 309.9k | |
| Chief Credit Officer & Executive VP | 7.67yrs | no data | 0.091% $ 164.7k | |
| Executive VP and President of Commercial & Industrial Banking | 2.83yrs | no data | no data |
6.0yrs
Average Tenure
49yo
Average Age
Experienced Management: ISTR's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7yrs | US$965.91k | 1.66% $ 3.0m | |
| Chairman of the Board | 7.83yrs | US$25.00k | 0.57% $ 1.0m | |
| Independent Director | 7.83yrs | US$14.01k | 0.29% $ 525.0k | |
| Independent Director | 7.83yrs | US$14.01k | 0.091% $ 163.8k | |
| Independent Director | 11.83yrs | US$25.00k | 0.87% $ 1.6m | |
| Independent Director | 11.83yrs | US$25.00k | 0.27% $ 494.9k | |
| Independent Director | 7.83yrs | US$14.01k | 0.52% $ 945.9k | |
| Director | 7.83yrs | US$14.01k | 0.27% $ 491.2k | |
| Independent Director | 7.83yrs | US$25.00k | 0.29% $ 525.8k | |
| Independent Director | 7.83yrs | US$25.00k | 0.27% $ 488.1k | |
| Independent Director | 7.83yrs | US$25.00k | 1.2% $ 2.2m | |
| Independent Director | 3.5yrs | US$25.00k | 0.40% $ 731.7k |
7.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: ISTR's board of directors are considered experienced (7.8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.8%.
Top Shareholders
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$181.000m
- Shares outstanding: 10.62m
- Website: https://www.investarbank.com
Number of Employees
Location
- Investar Holding Corporation
- 10500 Coursey Boulevard
- Baton Rouge
- Louisiana
- 70816
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ISTR | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Jul 2014 |
Biography
Investar Holding Corporation operates as the bank holding company for Investar Bank that provides various commercial banking products to individuals and small to medium-sized businesses in South Louisiana....
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/29 00:22 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.