Investar Holding Announces Merger with Wichita Falls Bancshares

Investar Holding ( (ISTR) ) has shared an announcement.

On July 1, 2025, Investar Holding Corporation announced its agreement to merge with Wichita Falls Bancshares, Inc., the holding company for First National Bank in Wichita Falls, Texas. This merger, valued at approximately $83.6 million, is part of Investar’s strategy to expand its geographic footprint in Texas. The merger will result in a combined bank with over $4 billion in assets, enhancing services and lending capacity. Additionally, Investar announced a private placement of $32.5 million in Series A Non-Cumulative Perpetual Convertible Preferred Stock to support the acquisition and for general corporate purposes.

The most recent analyst rating on (ISTR) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on Investar Holding stock, see the ISTR Stock Forecast page.

Spark’s Take on ISTR Stock

According to Spark, TipRanks’ AI Analyst, ISTR is a Neutral.

Investar Holding has a stable financial foundation with promising valuation metrics, but technical indicators reflect a lack of strong momentum. Despite these strengths, the declining trend in cash flow and lack of earnings call insights pose risks that moderate the overall attractiveness of the stock.

To see Spark’s full report on ISTR stock, click here.

More about Investar Holding

Investar Holding Corporation, headquartered in Baton Rouge, Louisiana, provides full banking services through its wholly-owned subsidiary, Investar Bank, National Association. The bank operates 29 branches across south Louisiana, southeast Texas, and southwest Alabama, with total assets of approximately $2.7 billion as of March 31, 2025.

Average Trading Volume: 28,951

Technical Sentiment Signal: Strong Buy

Current Market Cap: $194.8M

Find detailed analytics on ISTR stock on TipRanks’ Stock Analysis page.