M&A
confidence high
sentiment neutral
materiality 0.65
Investar files pro forma financials for Wichita Falls Bancshares merger; combined assets $3.99B
Investar Holding Corp
- Total transaction value of $112.9M: 3.955M shares of ISTR common stock at $26.72/share plus $7.2M cash.
- Pro forma net income for 2025: $32.7M, diluted EPS $2.32, including $9.1M accretion from loan fair value marks.
- Pro forma total assets $3.99B, loans $3.14B, deposits $3.37B; goodwill of $16.7M recorded.
- WFB contributed $981.6M loans, $1.02B deposits; loan fair value mark of $21.9M (premium).
- Core deposit intangible of $13.6M recognized; estimated annual amortization $2.0M.