Business First Bancshares, Inc.

Business First Bancshares, Inc.

BFST
Business First Bancshares, Inc.US flagNASDAQ Global Select
28.15
USD
+0.19
- -
919.89MMarket Cap
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.3
6.22
4.33
6.29
6.71
8.07
9.1
10.05
9.87
10.3
10.88
10.93
Basic EPS, GAAP
0.58
0.74
0.42
1.27
1.79
1.65
2.54
2.34
2.62
2.27
2.81
2.82
Free Cash Flow per Basic Share
0.35
0.98
0.65
1.65
1.54
1.45
2.56
2.73
3.16
2.28
3.13
3.01
Dividend per Share
- -
0.15
0.16
0.29
0.38
0.41
0.46
0.54
0.72
0.77
0.76
0.76
Book Value per Share
- -
4.45
3.24
4.6
5.26
5.49
6.94
8.35
9.63
11.07
12.11
12.43
Tangible Book Value per Share
- -
15.1
14.84
18.22
17.27
19.06
17.62
17.94
18.82
22.42
23.45
24.97
Basic Weighted Avg Shares
7
7
12
11
13
18
21
23
25
26
29
30
Sales/Revenue/Turnover
37
43
50
70
89
147
187
228
247
270
320
331
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
1
2
3
4
5
5
5
6
6
Net Income, GAAP
4
5
5
14
24
30
52
54
71
65
88
91
Effective Tax Rate (%)
27.13
23.99
45.84
18.88
20.37
18.45
19.24
20.9
21.57
21.61
20.35
20.27
Profit Margin (%)
10.97
11.88
9.7
20.13
26.6
20.45
27.95
23.84
28.71
24.08
27.47
27.45
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
50
78
80
118
79
168
526
616
461
273
330
Total Equity
- -
114
180
260
285
410
433
580
644
799
897
991
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
33.24
14.22
31.81
39.24
35.33
43.08
31.93
30.49
22.45
25.51
25.06

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
153
256
33
LT Borrowings
312
273
330
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
72
72
72
Shares Outstanding
30
30
33
Market Capitalization
695
770
819

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
447
1,002
1,212
Accounts Receivable, Net
37
38
38
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
4
4
4
ST Debt
153
256
33
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.39%
12.19%
Free Cash Flow
54.85%
34.86%
53.75%
Net Income, GAAP
44.06%
27.08%
34.95%
Sales/Revenue/Turnover
24.87%
17.09%
18.29%
Total Cash Common Dividend
- -
17.58%
13.33%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
61
66
67
77
270
2025
78
78
81
83
320
2026
89
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.63
0.65
0.52
2.27
2025
0.65
0.7
0.73
0.71
2.81
2026
0.68
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.2
0.19
0.19
0.19
0.77
2025
0.19
0.19
0.19
0.2
0.76
2026
0.19
- -
- -
- -
- -

Company Description

APIChat
CEO
David R. Melville
Full Time Employees
849
Sector
Financial Services
Industry
Banks - Regional
Address
500 Laurel Street Baton Rouge LA United States of America 70801
IPO Date
Apr 23, 2018
Website
b1bank.com
Business
Business First Bancshares, Inc. is a financial holding company operating through its banking subsidiary, b1BANK, which provides a comprehensive range of banking products and services across Louisiana and Texas. The company offers various deposit products including checking, demand, money market, time, and savings accounts; certificates of deposit; remote deposit capture; and direct deposit services. It provides an extensive suite of lending solutions such as commercial and industrial loans including working capital, term loans, equipment financing, asset acquisition, expansion and development loans; commercial lines of credit; accounts receivable factoring; agricultural financing; letters of credit; construction and development loans; commercial real estate loans; residential real estate loans including first and second lien 1-4 family mortgage loans and home equity lines of credit; and consumer loans consisting of secured and unsecured installment and term loans. Additional services include treasury management, wealth management products, drive-through banking, automated teller machines, night depository, and internet banking. Founded in 1999 and headquartered in Baton Rouge, Louisiana, Business First Bancshares serves small to midsize businesses, professionals, and retail customers, primarily through its b1BANK locations in Louisiana and the Dallas and Houston areas of Texas. Recent major developments include the October 2024 acquisition of Oakwood Bancshares, Inc., which expanded Business First Bancshares’ asset base to approximately $7.6 billion and increased its operating footprint with 55 full-service banking centers and two loan offices. Leadership from Oakwood Bancshares joined the company’s board and regional management. In July 2025, Business First Bancshares announced a definitive agreement to acquire Progressive Bancorp, Inc. and its wholly owned subsidiary Progressive Bank, further deepening its Louisiana market presence, enhancing deposit and liquidity profiles, and adding experienced banking personnel to strengthen its competitive position. These strategic acquisitions reflect the company’s focus on growth through consolidation and regional expansion. Business First Bancshares continues to position itself as a community-oriented financial services provider, delivering personalized and comprehensive banking solutions focused on commercial, real estate, and consumer lending, alongside traditional banking and wealth management services in its regional markets. The company remains publicly traded under the ticker BFST, with a workforce exceeding 860 employees and continues to earn recognition for its workplace and banking excellence. Its subsidiary, b1BANK, has been honored with awards such as the Mastercard Innovation Award and has been repeatedly named among the Best Banks to Work For by American Banker magazine. Business First Bancshares, Inc. backgrounds its operations on community banking values while leveraging strategic partnerships and acquisitions to enhance product offerings and market reach.

Company News

APIChat
  • Business First Bancshares, Inc. (BFST) Shareholder/Analyst Call Prepared Remarks Transcript

  • Business First Bancshares, Inc. (BFST) Q1 2026 Earnings Call Transcript

  • Business First Bancshares Inc (BFST) Shares Fall 4.4% -- What GF Score of 65 Tells Investors

  • Here's What Key Metrics Tell Us About Business First (BFST) Q1 Earnings

  • Business First (BFST) Tops Q1 Earnings Estimates

  • Business First Bancshares, Inc., Announces Financial Results for Q1 2026

  • Business First Bancshares, Inc. Completes $85.0 Million Private Placement of Subordinated Notes

  • b1BANK Names Ben Marmande Director of Corporate Banking

  • Business First Bancshares, Inc. Schedules Q1 2026 Earnings Release and Conference Call for April 27

  • CenterBook Partners LP Invests $1.08 Million in Business First Bancshares, Inc. $BFST

  • b1BANK partners with Covecta to deploy agentic AI

  • Insider Selling: Business First Bancshares (NASDAQ:BFST) EVP Sells $103,026.06 in Stock

  • Business First Bancshares Q4 Earnings Call Highlights

  • Business First Bancshares, Inc. (BFST) Q4 2025 Earnings Call Transcript

  • Business First (BFST) Reports Q4 Earnings: What Key Metrics Have to Say

  • Business First (BFST) Beats Q4 Earnings and Revenue Estimates

  • Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2025 and Q4 2025

  • Gear Up for Business First (BFST) Q4 Earnings: Wall Street Estimates for Key Metrics

  • Business First Bancshares, Inc. Announces Fourth Quarter 2025 Earnings Release Date and Conference Call

  • Business First Bancshares, Inc. Completes Acquisition of Progressive Bank