Key Highlights

  • The board declared a $0.12 quarterly common dividend, the 52nd paid by the company, payable October 30, 2026.
  • Second-quarter Net Income was $8.9 million, or $0.61 per diluted share, compared with $0.77 per share in the first quarter.
  • Adjusted diluted EPS, a non-GAAP measure, was $0.75, and net interest Margin was 3.67%, up from 3.59%.
  • Tangible Book Value per share, a non-GAAP measure, was $23.09, compared with $22.72, and the total Capital ratio was 14.99%.

Overview

Investar Holding Corporation (NASDAQ:ISTR) declared a $0.12 quarterly common Dividend in a September 16, 2026 release, payable October 30 to holders of record on September 30. The dividend yields 1.63%. The company describes it as the 52nd quarterly dividend it has paid. Second-quarter net income was $8.9 million, or $0.61 per diluted share.

Dividend Program and Shareholder Returns

The board declared a quarterly common dividend of $0.12 per share, payable October 30, 2026, to shareholders of record on September 30. It trades ex-dividend on September 30. The company describes it as the 52nd quarterly dividend paid by the company, which follows 11 uninterrupted quarterly cash dividends paid by the bank.

The second-quarter results release reported that the common dividend declared increased 9% to $0.12 per share from $0.11 in the first quarter of 2026. The company also declared a preferred dividend of $16.25 per share on its 6.5% Series A Non-Cumulative Perpetual Convertible Preferred Stock, payable October 1. During the quarter, it repurchased 27,235 shares at an average price of $27.68.

About the Company

Investar Holding Corporation is the bank Holding Company for Investar Bank and is listed on Nasdaq. Its Earnings come primarily from net interest income. The company reports GAAP earnings alongside adjusted diluted EPS, a non-GAAP measure it also calls core earnings, and total Assets were $3.86 billion at June 30, 2026.

Second-Quarter Earnings, Margin and Capital

Net income available to common shareholders was $8.9 million, or $0.61 per diluted share, compared with $0.77 in the first quarter. Adjusted diluted EPS was $0.75.

Net interest income was $33.4 million, an increase of $0.8 million, or 2.4%, from the first quarter. Net interest margin was 3.67%, compared with 3.59% in the first quarter, and adjusted net interest margin excluding Acquisition accretion was 3.39%.

Tangible book value per share was $23.09, up from $22.72, and the total capital ratio was 14.99%, compared with 14.62% in the prior quarter.

Deposit Mix, Credit Costs and the Wichita Falls Acquisition

The company attributed the margin expansion to lower funding costs. Total loans decreased $7.9 million, or 0.3%, to $3.06 billion, and total deposits decreased $18.9 million, or 0.6%, to $3.21 billion as management intentionally reduced higher-cost brokered deposits.

The provision for credit losses was $275 thousand, compared with a $2.1 million Reversal in the first quarter. Nonperforming loans were 0.63% of total loans, compared with 0.66%. The core efficiency ratio was 60.07%, compared with 58.46% in the prior quarter.

Investar completed its acquisition of Wichita Falls Bancshares on January 1, 2026, which added $961.9 million in loans and $1.02 billion in deposits. The company completed the operational conversion onto its core system in May.

Outlook

Net interest margin, deposit costs, Loan and deposit balances, credit costs, the core efficiency ratio, and the board's quarterly declarations are the relevant considerations. Second-quarter results are the most recent reported period.