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Investar Holding Corporation Announces 2024 Fourth Quarter Results

1. Investar's net income increased to $6.1 million for Q4 2024, improving YoY. 2. Earnings per share rose to $0.61, indicating positive financial performance.

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FAQ

Why Bullish?

The increase in net income and EPS signals strong growth potential, similar to other banks' earnings boosts when profitability rises.

How important is it?

The financial results directly reflect Investar's performance and potential for future growth, impacting investor sentiment significantly.

Why Short Term?

Positive quarterly results can lead to immediate investor interest and stock price movements, reflecting a short-term impact.

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ISTR
BATON ROUGE, LA / ACCESS Newswire / January 23, 2025 / Investar Holding Corporation ("Investar") (NASDAQ:ISTR), the holding company for Investar Bank, National Association (the "Bank"), today announced financial results for the quarter ended December 31, 2024. Investar reported net income of $6.1 million, or $0.61 per diluted common share, for the fourth quarter of 2024, compared to net income of $5.4 million, or $0.54 per diluted common share, for the quarter ended September 30, 2024, and net income of $3.5 million, or $0.36 per diluted common share, for the quarter ended December 31, 2023.

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