The company reported diluted earnings per common share of $0.61 for the quarter ended June 30, 2026, down from $0.77 in the first quarter of the year but an increase over the $0.46 reported during the same period in 2025. Core diluted earnings per share reached $0.75, excluding acquisition-related expenses and other non-recurring items.
Net interest margin improved to 3.67%, an eight-basis-point increase from the previous quarter, as the bank successfully replaced higher-cost brokered time deposits with more stable, lower-cost funding. CEO John D'Angelo noted that the bank completed the operational conversion of Wichita Falls Bancshares in May, a move central to its current growth strategy. To support long-term expansion, Investar hired eight commercial bankers across its Texas and Louisiana markets, aiming to replace consumer mortgage volume with business lending.
Shareholder returns remained a priority during the quarter, with the board declaring a quarterly dividend of $0.12 per common share—a 9% increase over the previous quarter. Additionally, the company repurchased 27,235 shares at an average price of $27.68. While total assets saw a slight dip to $3.88 billion, the firm’s regulatory total capital ratio strengthened to 14.99%.
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