Investar | 10-Q: FY2025 Q3 Revenue: USD 40.08 M

Revenue: As of FY2025 Q3, the actual value is USD 40.08 M.

EPS: As of FY2025 Q3, the actual value is USD 0.54, beating the estimate of USD 0.44.

EBIT: As of FY2025 Q3, the actual value is USD -13.68 M.

Segment Revenue

• Net Interest Income: For the three months ended September 30, 2025, net interest income was $21.2 million, an increase of $3.3 million, or 18.5%, compared to $17.9 million for the same period in 2024. For the nine months ended September 30, 2025, net interest income was $59.1 million, an increase of $6.9 million, or 13.1%, compared to $52.3 million for the same period in 2024.

Operational Metrics

• Net Income: For the three months ended September 30, 2025, net income available to common shareholders was $5.7 million, or $0.54 per diluted common share, compared to $5.4 million, or $0.54 per diluted common share for the same period in 2024. For the nine months ended September 30, 2025, net income available to common shareholders was $16.4 million, or $1.62 per diluted common share, compared to $14.1 million, or $1.43 per diluted common share for the same period in 2024.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $14.6 million for the nine months ended September 30, 2025, compared to $16.2 million for the same period in 2024.

Unique Metrics

• Net Interest Margin: During the three months ended September 30, 2025, the net interest margin was 3.16%, compared to 2.67% for the same period in 2024. During the nine months ended September 30, 2025, the net interest margin was 3.02%, compared to 2.63% for the same period in 2024.

Future Outlook and Strategy

• Core Business Focus: The company focuses on consistent, quality earnings through the optimization of its balance sheet, including originating and renewing high-quality, primarily variable-rate loans and allowing higher-risk credit relationships to run off. The strategy also includes growth through acquisitions, including whole-bank acquisitions, strategic branch acquisitions, and asset acquisitions.
• Non-Core Business: The company announced the acquisition of WFB, with the merger expected to close on or about January 1, 2026. The acquisition is part of the company’s strategy to expand its market presence and enhance its growth potential.