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.

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Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

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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) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Business First (BFST) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

The average of price targets set by Wall Street analysts indicates a potential upside of 40.1% in Business First (BFST). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Business First (BFST) Have the Potential to Rally 40% as Wall Street Analysts Expect?

Business First (BFST) delivered earnings and revenue surprises of -2% and 1.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Business First (BFST) Lags Q1 Earnings and Revenue Estimates

BATON ROUGE, La., April 26, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the quarter ended March 31, 2022, including net income of $8.7 million or $0.41 per diluted share, decreases of $3.3 million and $0.18, respectively, from the quarter ended December 31, 2021. On a non-GAAP basis, core net income for the quarter ended March 31, 2022, which excludes certain income and expenses, was $10.3 million or $0.49 per diluted share, decreases of $1.4 million and $0.08, respectively, from the quarter ended December 31, 2021.

Business First Bancshares, Inc., Announces Financial Results For Q1 2022

BATON ROUGE, La., March 01, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp, Inc. (Texas Citizens), and its wholly owned bank subsidiary, Texas Citizens Bank, National Association. The acquisition became effective March 1, 2022, in accordance with the terms of the previously announced agreement.

Business First Bancshares, Inc., Completes Acquisition of Texas Citizens Bancorp, Inc., Expands Business Banking to Houston Market

Business First (BFST) delivered earnings and revenue surprises of 14% and 1.61%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Business First (BFST) Surpasses Q4 Earnings and Revenue Estimates

BATON ROUGE, La., Jan. 25, 2022 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the year ended December 31, 2021, including net income of $52.1 million, or $2.53 per diluted share, an increase of $22.1 million and $0.89, respectively, from the prior year ended December 31, 2020. The increase was largely impacted by a $9.2 million pre-tax gain on sale of Small Business Administration (SBA) Paycheck Protection Program (PPP) loans during the second quarter of 2021 and pre-tax net interest income of $8.2 million realized in 2021 related to SBA PPP loans. On a non-GAAP basis, core net income for the year ended December 31, 2021, which excludes certain income and expenses, was $53.9 million, or $2.61 per diluted share, increases of $16.5 million and $0.56, respectively, from prior year ended December 31, 2020.

Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2021 and Q4 2021

Business First (BFST) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's Why "Trend" Investors Would Love Betting on Business First (BFST)

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The Bunny Roared in 2021

Shares of Business First Bancshares BFST, +1.49% rose 2.5% in premarket trades Monday after Raymond James upgraded the stock by two notches, to strong buy from market perform, on the heels of the lender's third-quarter results. Analyst William J.

Raymond James cheers Business First Bancshares results with double upgrade

BATON ROUGE, La., Oct. 21, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the quarter ended September 30, 2021, including net income of $10.3 million, or $0.50 per diluted share, a decrease of $7.1 million and $0.34, respectively, from the prior quarter ended June 30, 2021. On a non-GAAP basis, core net income for the quarter ended September 30, 2021, which excludes certain income and expenses, was $10.9 million, or $0.53 per diluted share, a decrease of $7.8 million and $0.37, respectively, from prior quarter ended June 30, 2021. The decrease was primarily attributable to the gain on sale recognized from the SBA PPP loan portfolio sale during the quarter ended June 30, 2021.

Business First Bancshares, Inc., Announces Financial Results for Q3 2021

Baton Rouge, La., Oct. 21, 2021 (GLOBE NEWSWIRE) -- - Business First Bancshares, Inc. (Business First) (Nasdaq: BFST), the holding company for b1BANK, and Texas Citizens Bancorp, Inc. (Texas Citizens) today jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary, Texas Citizens Bank, National Association. Following the completed transaction, the combined institution is expected to have total consolidated assets of approximately $4.9 billion.

Business First Bancshares, Inc. and Texas Citizens Bancorp, Inc. Announce Merger

BATON ROUGE, La., July 26, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the quarter ended June 30, 2021, including net income of $17.4 million, or $0.84 per diluted share, an increase of $5.1 million and $0.25, respectively, from the prior quarter ended March 31, 2021. On a non-GAAP basis, core net income for the quarter ended June 30, 2021, which excludes certain income and expenses, was $18.7 million, or $0.90 per diluted share, an increase of $6.1 million and $0.29, respectively, from prior quarter ended March 31, 2021.

Business First Bancshares, Inc., Announces Financial Results For Q2 2021

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) Surges 5.6%: Is This an Indication of Further Gains?

BATON ROUGE, La., May 17, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, announces the following statement is from the Roemer family regarding the death of former governor and congressman Charles Elson “Buddy” Roemer III. He was 77.

Family Statement Regarding the Death of Charles Elson “Buddy” Roemer III

Business First (BFST) delivered earnings and revenue surprises of 5.17% and 2.53%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Business First (BFST) Q1 Earnings and Revenues Top Estimates

BATON ROUGE, La., April 22, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the quarter ended March 31, 2021, including net income of $12.3 million, or $0.59 per diluted share, a decrease of $1.5 million and $0.08, respectively, from prior quarter ended December 31, 2020. On a non-GAAP basis, core net income for the quarter ended March 31, 2021, which excludes certain income and expenses, was $12.6 million, or $0.61 per diluted share, a decrease of $1.5 million and $0.07, respectively, from prior quarter ended December 31, 2020.

Business First Bancshares, Inc., Announces Financial Results for Q1 2021

Baton Rouge, La., March 26, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (“Business First”) (NASDAQ: BFST), the holding company for b1BANK, today announced the completion of the private placement of $52.5 million in aggregate principal amount of 4.250% fixed-to-floating rate subordinated notes (the “Notes”) due 2031, to certain qualified institutional and accredited investors. The Notes have been structured to qualify as Tier 2 capital under bank regulatory guidelines, and the proceeds from the sale of the notes will be utilized to provide additional capital support to b1BANK, to support growth, to better position Business First to take advantage of strategic opportunities that may arise from time to time, repayment of existing borrowings, and for other general corporate purposes.

Business First Bancshares, Inc. Completes Private Placement of $52.5 Million in Subordinated Notes

Business First Bancshares (BFST) agrees to acquire Smith Shellnut Wilson, LLC.

Business First Bancshares (BFST) Agrees to Acquire Smith Shellnut

BATON ROUGE, La., March 22, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (NASDAQ: BFST), the holding company for b1BANK, and Smith Shellnut Wilson, LLC (SSW) today jointly announced the signing of a definitive agreement under which b1BANK will acquire SSW. SSW is a registered investment advisor specializing in managing investment portfolios for corporations, foundations and individuals.  Consummation of the acquisition is expected to occur in the coming weeks.

Business First Bancshares, Inc. Announce Acquisition of Smith Shellnut Wilson, LLC

BATON ROUGE, La., March 18, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST) and b1BANK announced today the addition of John Ducrest to their respective boards of directors.

Business First Bancshares, Inc. and b1BANK Announce the Appointment of New Board Member John Ducrest

Business First Bancshares (BFST) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Business First Bancshares (BFST) Stock Might be a Great Pick

Business First (BFST) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Business First (BFST) a New Strong Buy Stock

BATON ROUGE, La., Jan. 25, 2021 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, Baton Rouge, Louisiana, today announced its unaudited results for the year ended December 31, 2020, including net income of $30.0 million, or $1.64 per diluted share, an increase of $6.2 million and decrease of $0.10, respectively, from prior year ended December 31, 2019. On a non-GAAP basis, core net income for the year ended December 31, 2020, which excludes certain income and expenses, was $37.5 million, or $2.05 per diluted share, an increase of $12.9 million and an increase of $0.25, respectively, from prior year ended December 31, 2019.

Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2020 and Q4 2020

The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings disclosed the funds' positions on September 30th, about a month before the elections. We at Insider Monkey have made an extensive database of more than 817 of those established hedge funds and famous value investors' filings. In this article, we analyze how these elite funds and prominent investors traded Business First Bancshares, Inc. (NASDAQ:BFST) based on those filings.

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