Investar Holding
Market Cap
US$238.6m
Last Updated
2019/12/08 00:42 UTC
Data Sources
Company Financials +
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.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
2.4%
ISTR
0.9%
US Banks
0.03%
US Market
1 Year Return
1.2%
ISTR
19.0%
US Banks
18.6%
US Market
Return vs Industry: ISTR underperformed the US Banks industry which returned 19% over the past year.
Return vs Market: ISTR underperformed the US Market which returned 18.6% over the past year.
Shareholder returns
| ISTR | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 0.9% | 0.03% |
| 30 Day | 1.2% | 1.1% | 1.7% |
| 90 Day | 10.8% | 15.5% | 5.7% |
| 1 Year | 2.2%1.2% | 22.5%19.0% | 21.1%18.6% |
| 3 Year | 39.5%37.0% | 30.1%21.0% | 45.6%36.2% |
| 5 Year | 86.5%82.3% | 77.5%57.8% | 71.1%52.3% |
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
1 week ago | Simply Wall St
With EPS Growth And More, Investar Holding (NASDAQ:ISTR) Is Interesting3 weeks ago | Simply Wall St
Can You Imagine How Investar Holding's (NASDAQ:ISTR) Shareholders Feel About The 85% Share Price Increase?Valuation
Is Investar Holding undervalued compared to its fair value and its price relative to the market?
21.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ISTR ($25.61) is trading below our estimate of fair value ($32.41)
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 (15x) compared to the Banks industry average (12.7x).
PE vs Market: ISTR is good value based on its PE Ratio (15x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: ISTR is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: ISTR is good value based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).
Next Steps
Future Growth
How is Investar Holding forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
15.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ISTR's forecast earnings growth (15.4% per year) is above the savings rate (1.7%).
Earnings vs Market: ISTR's earnings (15.4% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: ISTR's earnings are forecast to grow, but not significantly.
Revenue vs Market: ISTR's revenue (10.5% per year) is forecast to grow faster than the US market (7.4% per year).
High Growth Revenue: ISTR's revenue (10.5% 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 (9.9%).
Next Steps
Past Performance
How has Investar Holding performed over the past 5 years?
22.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ISTR has high quality earnings.
Growing Profit Margin: ISTR's current net profit margins (25.1%) are higher than last year (21.4%).
Past Earnings Growth Analysis
Earnings Trend: ISTR's earnings have grown significantly by 22.4% per year over the past 5 years.
Accelerating Growth: ISTR's earnings growth over the past year (35.5%) exceeds its 5-year average (22.4% per year).
Earnings vs Industry: ISTR earnings growth over the past year (35.5%) exceeded the Banks industry 27.1%.
Return on Equity
High ROE: ISTR's Return on Equity (8%) is considered low.
Return on Assets
Return on Capital Employed
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
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 0.2x 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 (0.36%)
Next Steps
Dividend
What is Investar Holding's current dividend yield, its reliability and sustainability?
0.94%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ISTR's dividend (0.94%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.42%).
High Dividend: ISTR's dividend (0.94%) is low compared to the top 25% of dividend payers in the US market (3.7%).
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 (12.8%), 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 (11.5% payout ratio).
Next Steps
Management
What is the CEO of Investar Holding's salary, the management and board of directors tenure and is there insider trading?
4.2yrs
Average management tenure
CEO
John D'Angelo (59yo)
6.1yrs
Tenure
US$857,344
Compensation
Mr. John J. D’Angelo serves as President, Chief Executive Officer and Director at Investar Holding Corporation Investar Bank, National Association (the “Bank”). Prior to the bank’s organization, he served ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD857.34K) is about average for companies of similar size in the US market ($USD1.13M).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.2yrs
Average Tenure
48yo
Average Age
Experienced Management: ISTR's management team is considered experienced (4.2 years average tenure).
Board Age and Tenure
6.9yrs
Average Tenure
61.5yo
Average Age
Experienced Board: ISTR's board of directors are considered experienced (6.9 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 29 |
| Max Price | US$22.80 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 17 |
| Max Price | US$23.38 |
| Entity | Individual |
| Role | Senior Key Executive Executive Vice President |
| Shares | 49 |
| Max Price | US$23.85 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 1,000 |
| Max Price | US$23.29 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 45 |
| Max Price | US$23.18 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | US$23.50 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 100 |
| Max Price | US$23.65 |
| Entity | Individual |
| Role | Member of the Board of Directors Director |
| Shares | 283 |
| Max Price | US$23.71 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 2,000 |
| Max Price | US$24.03 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.
Management Team
John D'Angelo (59yo)
President
- Tenure: 6.1yrs
- Compensation: US$857.34k
Travis Lavergne (35yo)
Chief Credit Officer & Executive VP
- Tenure: 7.4yrs
Dane Babin (43yo)
Executive VP & COO
- Tenure: 4.2yrs
- Compensation: US$245.67k
Rachel Cherco (59yo)
Executive VP
- Tenure: 4.2yrs
- Compensation: US$183.15k
Ryan Finnan (44yo)
Executive Vice President
- Tenure: 10.9yrs
- Compensation: US$201.80k
Chris Hufft (46yo)
Executive VP & CFO
- Tenure: 4.2yrs
- Compensation: US$401.89k
Randy Kassmeier (66yo)
Executive VP
- Tenure: 0yrs
Jeff Blum (50yo)
Executive VP and President of Commercial & Industrial Banking
- Tenure: 1.9yrs
Board Members
Bill Hidalgo (79yo)
Chairman of the Board
- Tenure: 6.9yrs
- Compensation: US$19.99k
John D'Angelo (59yo)
President
- Tenure: 6.1yrs
- Compensation: US$857.34k
James Baker (64yo)
Independent Director
- Tenure: 6.9yrs
- Compensation: US$12.50k
Tom Besselman (69yo)
Independent Director
- Tenure: 10.9yrs
- Compensation: US$12.50k
James Boyce (51yo)
Independent Director
- Tenure: 10.9yrs
- Compensation: US$12.50k
Robert Boyce (66yo)
Independent Director
- Tenure: 6.9yrs
- Compensation: US$19.99k
Don Joffrion (65yo)
Director
- Tenure: 6.9yrs
- Compensation: US$12.50k
David Lukinovich (59yo)
Independent Director
- Tenure: 6.9yrs
- Compensation: US$19.99k
Suzanne Middleton (59yo)
Independent Director
- Tenure: 6.9yrs
- Compensation: US$19.99k
Andrew Nelson (53yo)
Independent Director
- Tenure: 6.9yrs
- 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$238.609m
- Shares outstanding: 9.77m
- 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 a range of commercial banking products for individuals and small to medium-sized businesses in South Louisi ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/08 00:42 |
| End of Day Share Price | 2019/12/06 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.