M&A
confidence high
sentiment neutral
materiality 0.75
Investar closes $112.9M acquisition of WFB; issues 3.96M shares plus $7.2M cash
Investar Holding Corp
- Total consideration: 3,955,272 shares at $26.72/share ($105.7M) plus $7.2M cash.
- Preliminary goodwill recorded at $22.0M; core deposit intangible of $14.3M.
- Pro forma combined assets $4.11B as of Sept 30, 2025.
- Pro forma net income for 9M ended Sept 30, 2025: $26.3M; diluted EPS $1.91.
- Loan fair value marks: $26.5M interest rate mark, $13.0M credit mark.