StockWatch
·
Major Banks
Quarterly ResultAug 6, 2026, 05:14 PM

Investar Holding Q2 Net Income +110.7% to $9.47M; WFB Acquisition Boosts Assets

AI Summary

Investar Holding Corp reported a significant increase in Q2 2026 net income, rising 110.7% to $9.47 million, with diluted EPS up 32.6% to $0.61. These results were substantially impacted by the acquisition of Wichita Falls Bancshares, Inc. on January 1, 2026, which added $1.15 billion in total assets and $1.02 billion in deposits. Total assets grew 36.3% to $3.86 billion and net loans increased 40.7% to $3.02 billion since year-end 2025.

Key Highlights

  • Wichita Falls Bancshares, Inc. acquisition completed January 1, 2026, valued at $112.9 million.
  • Acquisition added $1.15 billion in total assets and $1.02 billion in deposits.
  • Q2 2026 Net Income increased 110.7% to $9.47 million from $4.49 million in Q2 2025.
  • Diluted EPS for Q2 2026 rose 32.6% to $0.61 from $0.46 in Q2 2025.
  • Total assets grew 36.3% to $3.86 billion as of June 30, 2026, from $2.83 billion at year-end 2025.
  • Net loans increased 40.7% to $3.02 billion as of June 30, 2026, from $2.15 billion at year-end 2025.
  • Net interest income for Q2 2026 was up 70.3% to $33.45 million from $19.64 million in Q2 2025.
  • Acquisition expenses for Q2 2026 were $2.58 million, up from $0.18 million in Q2 2025.