Business First Bancshares Inc.

Business First Bancshares, Inc. is a bank holding company. It engages in the provision of banking products and services through its subsidiary. The firm offers commercial and personal banking, treasury management, and wealth solutions services. The company was founded on July 20, 2006 and is headquartered in Baton Rouge, LA.

Earnings data Q1 2021

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Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Business First Bancshares Inc. reports record earnings amidst challenges

Business First Bancshares Inc. delivered strong financial performance in Q4 2022 and the full year, showcasing growth and successful integrations.
Challenges with loan loss provisions and uncertainties around specific loan reserves and disputed contracts are being prudently managed by the company.
Despite challenges, the company remains optimistic about the future, with opportunities for growth through expansion strategies and recovery efforts.

Business First Bancshares excels in Q1 2023, eyes growth opportunities

Business First Bancshares' Q1 2023 earnings call highlighted strong financial performance, successful acquisitions, and a focus on credit quality metrics. Challenges include managing deposit balances and cost pressures, with opportunities in deposit growth, SBA activities, and branch network optimization.

Business First Bancshares excels in Q2 2023 performance and eyes growth opportunities

Business First Bancshares delivered a strong financial performance in Q2 2023, driven by robust ROA, ROE, and EPS figures, underpinned by effective risk management and strategic loan growth.
While facing challenges in adjusting loan growth guidance and managing expenses, the company remains well-positioned to capitalize on margin expansion opportunities and potential M&A deals.
By emphasizing core profitability, efficiency, and selective team additions, Business First Bancshares is poised to navigate market challenges and leverage growth opportunities for sustainable success.

Business First Bancshares Inc. reports strong Q3 performance and eyes expansion opportunities

Business First Bancshares Inc. demonstrated robust financial health in Q3, with a focus on growth, efficiency, and asset quality. While challenges like margin maintenance and expense control persist, the company is well-positioned to capitalize on growth opportunities and enhance operational performance. By prioritizing strategic partnerships and prudent financial management, Business First Bancshares aims for sustained success.

Business First Bancshares Inc. exceeds Q4 expectations, plans strategic growth

Business First Bancshares Inc. reported strong financial performance in Q4 2023, focusing on maintaining credit quality and strategic balance sheet adjustments. The company is confident in its bankers' ability to drive portfolio growth and is preparing for future growth by investing in software initiatives and talent alignment.

Business First Bancshares Inc. reports Q1 performance amidst strategic acquisitions

BFST navigates margin pressure and expense challenges, focusing on balanced growth, successful acquisitions, and effective expense management strategies.
The company's strong performance in loan and deposit growth, core net interest margin, and strategic vision positions it for future success and asset expansion.
Despite near-term challenges, BFST's strategic direction, cultural alignment, and growth opportunities signal a positive outlook for shareholders and investors.

Business First Bancshares Inc. reports strong Q2 performance and eyes growth opportunities

BFST's Q2 2024 performance showcased strength in key financial metrics and strategic initiatives, positioning the company for continued growth.
While challenges such as deposit strategies and potential rate cut impacts exist, opportunities in optimizing operations and maximizing growth avenues are evident.
Analysts' inquiries and executive insights provide valuable perspectives on the company's financial health and strategic direction.

Business First Bancshares Inc. (BFST) excels in Q3 performance

BFST's Q3 performance reflects a robust financial position with notable achievements in revenue diversification and effective balance sheet management.
While facing challenges in margin improvement and expense control, the company's focus on credit quality and community banking resilience underpins its strategic direction.
Opportunities for further growth lie in margin expansion strategies, geographic expansion plans, and enhancing credit and deposit-related practices to drive sustainable performance.

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Business First Bancshares, Inc. is a financial holding company, which engages in the provision of banking products and services through its subsidiary. It also offers commercial and personal banking, treasury management, and wealth solutions services. The company was founded on July 20, 2006 and is headquartered in Baton Rouge, LA.

Business First (BFST) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.64 per share a year ago.

Business First (BFST) Beats Q2 Earnings and Revenue Estimates

BATON ROUGE, La., July 27, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended June 30, 2023, including net income available to common shareholders of $18.4 million, or $0.73 per diluted common share, increases of $4.7 million and $0.19, respectively, from the linked quarter, and increases of $4.6 million and $0.12, respectively, from the quarter ended June 30, 2022. On a non-GAAP basis, core net income for the quarter ended June 30, 2023, which excludes certain income and expenses, was $17.7 million, or $0.70 per diluted common share, increases of $4.0 million and $0.15, respectively, from the linked quarter, and increases of $3.2 million and $0.06, respectively, from the quarter ended June 30, 2022.

Business First Bancshares, Inc. Announces Financial Results for Q2 2023

Business First (BFST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Business First (BFST) Q2 Earnings Expected to Decline

BATON ROUGE, La., July 05, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release second quarter 2023 earnings after market close on Thursday, July 27, 2023. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, July 27, 2023) at 4:30 p.m. CDT.

Business First Bancshares, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call

Business First (BFST) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Business First (BFST) Moves 5.3% Higher: Will This Strength Last?

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Business First Bancshares, Inc. (NASDAQ:BFST ) Q1 2023 Results Conference Call April 27, 2023 5:30 PM ET Company Participants Matt Sealy - SVP and Director, Corporate Strategy Jude Melville - President and CEO Greg Robertson - CFO Philip Jordan - Chief Banking Officer Jerry Vascocu - Chief Administrative Officer Conference Call Participants Thomas Wendler - Stephens Kevin Fitzsimmons - D.A. Davidson Feddie Strickland - Janney Montgomery Scott Michael Rose - Raymond James Brett Rabatin - Hovde Group Graham Dick - Piper Sandler Operator Good afternoon.

Business First Bancshares, Inc. (BFST) Q1 2023 Earnings Call Transcript

Business First (BFST) came out with quarterly earnings of $0.55 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.49 per share a year ago.

Business First (BFST) Q1 Earnings Top Estimates

BATON ROUGE, La., April 27, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended March 31, 2023, including net income available to common shareholders of $13.7 million, or $0.54 per diluted common share, decreases of $2.9 million and $0.13, respectively, from the linked quarter, and increases of $5.0 million and $0.13, respectively, from the quarter ended March 31, 2022. On a non-GAAP basis, core net income for the quarter ended March 31, 2023, which excludes certain income and expenses, was $13.8 million, or $0.55 per diluted common share, decreases of $2.6 million and $0.11, respectively, from the linked quarter, and increases of $3.5 million and $0.06, respectively, from the quarter ended March 31, 2022.

Business First Bancshares, Inc., Announces Financial Results for Q1 2023

Business First (BFST) Earnings Expected to Grow: Should You Buy?

BATON ROUGE, La., April 10, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release first quarter 2023 earnings after market close on Thursday, April 27, 2023. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, April 27, 2023) at 4:30 p.m. CDT.

Business First Bancshares, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call

Business First Bancshares, Inc. (NASDAQ:BFST ) Q4 2022 Earnings Conference Call January 26, 2023 10:00 AM ET Company Participants Matthew Sealy - SVP, SVP, Director of Corporate Strategy and FP&A Jude Melville - President and CEO Gregory Robertson - CFO Philip Jordan - Chief Banking Officer Conference Call Participants Feddie Strickland - Janney Montgomery Scott Graham Dick - Piper Sandler Operator Thank you for standing by, and welcome to the Business First Bancshares Q4 2022 Earnings Call. [Operator Instructions] It is now my pleasure to turn the conference over to Matthew Sealy, SVP, Director of Corporate Strategy and FP&A.

Business First Bancshares, Inc. (BFST) Q4 2022 Earnings Call Transcript

Business First (BFST) delivered earnings and revenue surprises of 8.20% and 3.86%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Business First (BFST) Q4 Earnings and Revenues Surpass Estimates

BATON ROUGE, La., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the year ended December 31, 2022, including net income available to common shareholders of $52.9 million, or $2.32 per diluted common share, an increase of $0.8 million and decrease of $0.21, respectively, from the prior year ended December 31, 2021. On a non-GAAP basis, core net income for the year ended December 31, 2022, which excludes certain income and expenses, was $57.6 million, or $2.52 per diluted common share, an increase of $3.7 million and decrease of $0.09, respectively, from prior year ended December 31, 2021. The results for the year ended December 31, 2021, included a $9.2 million pre-tax gain on the sale of substantially all of the Small Business Administration (SBA) Paycheck Protection Program (PPP) loans. The sale increased diluted earnings per common share by $0.35 for the year.

Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2022 and Q4 2022

Baton Rouge, LA, Jan. 19, 2023 (GLOBE NEWSWIRE) --  b1BANK today announced plans to relocate its Ryan Street location to a new building in downtown Lake Charles later this year. The bank has been a part of the Lake Charles community since 2009.

b1BANK Announces Plans to Relocate and Expand Downtown Lake Charles Banking Center

BATON ROUGE, La., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release fourth quarter 2022 earnings after market close on Wednesday, January 25, 2023. Executive management will host a conference call and webcast to discuss results on Thursday, January 26, 2023, at 8:00 a.m. CDT.

Business First Bancshares, Inc. Announces Fourth Quarter 2022 Earnings Release Date and Conference Call

BATON ROUGE, La. , Nov. 22, 2022 (GLOBE NEWSWIRE) -- Jude Melville, president and CEO of b1BANK, announced N. Jerome “Jerry” Vascocu, Jr. as Chief Administrative Officer for Business First Bancshares, Inc. (NASDAQ: BFST) and b1BANK. Vascocu will be the first chief administrative officer for the bank. He has over twenty-seven years of banking experience, most recently serving as director of commercial banking strategy for First Horizon Bank.

b1BANK Names Jerry Vascocu as Chief Administrative Officer

Business First Bancshares, Inc. (NASDAQ:BFST ) Q3 2022 Earnings Conference Call October 27, 2022 3:00 PM ET Company Participants Matthew Sealy - SVP, SVP, Director of Corporate Strategy and FP&A David Melville - President and CEO Greg Robertson - CFO Conference Call Participants Matt Olney - Stephens Freddie Strickland - Janney Kevin Fitzsimmons - D.A. Davidson Brett Rabatin - Hovde Group Operator Thank you for standing by, and welcome to the Business First Bancshares Q3 2022 Earnings Call.

Business First Bancshares, Inc. (BFST) Q3 2022 Earnings Call Transcript

BATON ROUGE, La., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended September 30, 2022, including net income of $13.8 million, or $0.61 per diluted share, no change from the quarter ended June 30, 2022. On a non-GAAP basis, core net income for the quarter ended September 30, 2022, which excludes certain income and expenses, was $16.4 million, or $0.72 per diluted share, increases of $1.8 million and $0.08, respectively, from the quarter ended June 30, 2022.

Business First Bancshares, Inc., Announces Financial Results for Q3 2022

Business First (BFST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Business First (BFST) Stock Jumps 5.6%: Will It Continue to Soar?

BATON ROUGE, La., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced that it is scheduled to release third quarter 2022 earnings after market close on Wednesday, October 26, 2022. Executive management will host a conference call and webcast to discuss results on Thursday, October 27, 2022, at 2:00 p.m. CDT.

Business First Bancshares, Inc. Announces Third Quarter 2022 Earnings Release Date and Conference Call

Business First (BFST) Earnings Expected to Grow: What to Know Ahead of Q3 Release

BATON ROUGE, La., Oct. 12, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, announced today an underwritten public offering of 2,500,000 shares of its common stock at a public offering price of $20.00 per share.   The net proceeds to Business First from the offering, after deducting the underwriting discount and offering expenses, are expected to be approximately $46,750,000.

Business First Bancshares, Inc. Announces Underwritten Public Offering of Common Stock

BATON ROUGE, La. , Sept. 01, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, La., announced that it has successfully raised $72.0 million through a self-managed private placement of preferred stock.

Business First Bancshares, Inc., Raises $72.0 Million in Preferred Equity

Business First (BFST) delivered earnings and revenue surprises of 10.34% and 2.67%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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