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BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Investar Holding Corp. (ISTR) on Thursday reported net income of $6.1 million in its fourth quarter.
The Baton Rouge, Louisiana-based bank said it had earnings of 61 cents per share. Earnings, adjusted for non-recurring costs, came to 65 cents per share.
The holding company for Investar Bank posted revenue of $40.7 million in the period. Its revenue net of interest expense was $22.6 million, which beat Street forecasts.
For the year, the company reported profit of $20.3 million, or $2.04 per share. Revenue was reported as $84 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ISTR at https://www.zacks.com/ap/ISTR