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 Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

BATON ROUGE, La., July 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST), the parent company of b1BANK, announced that it is scheduled to release second quarter 2024 earnings after market close on Thursday, July 25, 2024. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, July 25, 2024) at 4:00 p.m. CST.

Business First Bancshares, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call

Investors need to pay close attention to Business First (BFST) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Business First (BFST) Stock?

Business First Bancshares, Inc. (NASDAQ:BFST ) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Company Participants Matthew Sealy - SVP, Director of Corporate Strategy and FP&A Jude Melville - President and CEO Greg Robertson - CFO Philip Jordan - Chief Banking Officer Jerry Vascocu - Chief Administrative Officer Conference Call Participants Matthew Olney - Stephens Michael Rose - Raymond James Feddie Strickland - Janney Manuel Navas - D.A. Davidson Operator Thank you for standing by.

Business First Bancshares, Inc. (BFST) Q1 2024 Earnings Call Transcript

The headline numbers for Business First (BFST) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Business First (BFST) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

BATON ROUGE, La., April 25, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (“Business First” or the “Company”), the holding company for b1BANK, today announced that it entered into a definitive agreement to acquire Oakwood Bancshares, Inc. and its wholly-owned bank subsidiary, Oakwood Bank (together, Oakwood), in an all-stock transaction for total consideration value of approximately $85.7 million based on the Company's closing price of $21.57 per share on April 22, 2024.

BUSINESS FIRST Bancshares, INC. to acquire OAKWOOD BANCSHARES, INC.

BATON ROUGE, La., April 25, 2024 (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, 2024, including net income available to common shareholders of $12.2 million or $0.48 per diluted common share, decreases of $2.3 million and $0.09, respectively, compared to the linked quarter ended December 31, 2023. On a non-GAAP basis, core net income for the quarter ended March 31, 2024, which excludes certain income and expenses, was $12.8 million or $0.50 per diluted common share, decreases of $4.0 million and $0.16, respectively, from the linked quarter.

Business First Bancshares, Inc., Announces Financial Results for Q1 2024

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.

Business First (BFST) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Business First Bancshares (BFST) Right Now?

BATON ROUGE, La., April 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Nasdaq: BFST), the parent company of b1BANK, announced that it is scheduled to release first quarter 2024 earnings after market close on Thursday, April 25, 2024. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, April 25, 2024) at 4:00 p.m. CST.

Business First Bancshares, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% 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 25.13% as Wall Street Analysts Expect?

Business First Bancshares, Inc. (BFST) Q4 2023 Earnings Call Transcript

The headline numbers for Business First (BFST) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Business First (BFST) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

BATON ROUGE, La., Jan. 23, 2024 (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, 2023, including net income available to common shareholders of $65.6 million or $2.59 per diluted common share, increases of $12.7 million and $0.27, respectively, from the prior year ended December 31, 2022. On a non-GAAP basis, core net income for the year ended December 31, 2023, which excludes certain income and expenses, was $66.3 million or $2.62 per diluted common share, increases of $8.7 million and $0.10, respectively, from prior year ended December 31, 2022.

Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2023 and Q4 2023

Business First (BFST) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Business First (BFST) Keep the Earnings Surprise Streak Alive?

Business First (BFST) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Business First (BFST)

BATON ROUGE, La., Jan. 03, 2024 (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 2023 earnings after market close on Tuesday, January 23, 2024. Executive management will host a conference call and webcast to discuss results on the same day (Tuesday, January 23, 2024) at 4:30 p.m. CDT.

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

BOK Financial

Cognex

ConocoPhillips

Emerson Electric

Equinix

Entergy

Evergy Inc

Fidelity D & D Bancorp

Comfort Systems USA

Gorman-Rupp

HomeTrust Bancshares

KLA-Tencor

Landmark Bancorp

Middlesex Water

Microsoft

Schwab US Dividend Equity ETF

Selective Insurance Group

Exxon Mobil

Emerson Electric, a Dividend King, is expected to raise its dividend for the 66th consecutive year, although the increase is only about 1%. The article provides insights on upcoming dividend increases for investors to consider for their portfolios. I use the Schwab U.S. Dividend Equity ETF as a benchmark for selecting stocks with increasing dividends and outperforming the market.

18 Upcoming Dividend Increases Including A Dividend King

BATON ROUGE, La., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Jerry Vascocu, Chief Administrative Officer for b1BANK, the banking subsidiary of Business First Bancshares, Inc. (Nasdaq: BFST), announced the hire of Gerrit van de Wetering as Managing Director of Derivative Solutions. van de Wetering is tasked with launching b1BANK's derivatives products and services, which will provide clients with more flexibility managing interest rate risks.

b1BANK Hires Gerrit van de Wetering to Launch Derivative Solutions Services

Business First Bancshares, Inc. (NASDAQ:BFST ) Q3 2023 Earnings Conference Call October 26, 2023 5:30 PM ET Company Participants Matt Sealy - SVP and Director, Corporate Strategy Jude Melville - President, CEO & Director Greg Robertson - Executive VP, CFO & Treasurer Conference Call Participants Matt Olney - Stephens Brett Rabatin - Hovde Group Graham Dick - Piper Sandler Kevin Fitzsimmons - D.A. Davidson Feddie Strickland - Janney Montgomery Scott Michael Rose - Raymond James Operator Hello.

Business First Bancshares, Inc. (BFST) Q3 2023 Earnings Call Transcript

The headline numbers for Business First (BFST) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Business First (BFST) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Business First (BFST) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.72 per share a year ago.

Business First (BFST) Tops Q3 Earnings and Revenue Estimates

BATON ROUGE, La., Oct. 26, 2023 (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, 2023, including net income available to common shareholders of $19.1 million, or $0.76 per diluted common share, increases of $0.7 million and $0.03, respectively, from the linked quarter, and increases of $5.3 million and $0.15, respectively, from the quarter ended September 30, 2022. On a non-GAAP basis, core net income for the quarter ended September 30, 2023, which excludes certain income and expenses, was $18.0 million, or $0.71 per diluted common share, increases of $0.2 million and $0.01, respectively, from the linked quarter, and an increase of $1.6 million and decrease of $0.01, respectively, from the quarter ended September 30, 2022.

Business First Bancshares, Inc., Announces Financial Results for Q3 2023

Louisiana's strong job market bodes well for loan growth in the near term. The net interest margin is likely to slip further because of the recent deterioration of the deposit mix as well as the lagged effect of previous rate hikes. The December 2023 target price suggests a high upside from the current market price. Further, Business First Bancshares is offering a modest dividend yield.

Business First Bancshares: Attractively Valued But Q3 Earnings Likely To Be Flattish

BATON ROUGE, La., Oct. 03, 2023 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), the parent company of b1BANK, today announced that it is scheduled to release third quarter 2023 earnings after market close on Thursday, October 26, 2023. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, October 26, 2023) at 4:30 p.m. CDT.

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

Business First (BFST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

News for Business First Bancshares Inc. Stock (BFST)