8-K Announcements
6Apr 27, 2026·SEC
Apr 2, 2026·SEC
Feb 24, 2026·SEC
Business First Bancshares, Inc. (BFST) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Business First Bancshares, Inc. (BFST) stock price & volume — 10-year historical chart
Business First Bancshares, Inc. (BFST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Business First Bancshares, Inc. (BFST) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 27, 2026 | $0.73vs $0.69+5.8% | $89Mvs $91M-1.9% |
| Q1 2026 | Jan 22, 2026 | $0.79vs $0.72+9.7% | $83Mvs $81M+2.1% |
| Q4 2025 | Oct 23, 2025 | $0.72vs $0.69+4.3% | $81Mvs $81M-0.7% |
| Q3 2025 | Jul 28, 2025 | $0.66vs $0.65+1.5% | $78Mvs $81M-3.5% |
Business First Bancshares, Inc. (BFST) competitors in Commercial and middle-market focused banks — business model, growth, and fundamentals comparison
Business First Bancshares, Inc. (BFST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Business First Bancshares, Inc. (BFST) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 44.37M | 62.23M | 80.2M | 127.65M | 153.88M | 199.58M | 215.13M | 227.38M | 273.16M |
| NII Growth % | 18.04% | 40.24% | 28.88% | 59.16% | 20.56% | 29.69% | 7.79% | 5.7% | 20.13% |
| Net Interest Margin % | 3.36% | 2.97% | 3.53% | 3.07% | 3.26% | 3.33% | 3.27% | 2.89% | 3.33% |
| Interest Income | 51.6M | 76.19M | 103.47M | 149.75M | 170.44M | 236.11M | 353.33M | 414.76M | 465.01M |
| Interest Expense | 7.23M | 13.97M | 23.27M | 22.11M | 16.55M | 36.54M | 138.2M | 187.38M | 191.85M |
| Loan Loss Provision | 4.24M | 2.39M | 2.61M | 11.44M | 8.05M | 10.89M | 4.48M | 10.87M | 8.22M |
| Non-Interest Income | 5.62M | 7.78M | 9.15M | 19.03M | 32.67M | 27.96M | 32.29M | 42.98M | 46.91M |
| Non-Interest Income % | 9.82% | 9.26% | 8.13% | 11.27% | 16.09% | 10.59% | 8.37% | 9.39% | 9.16% |
| Total Revenue | 57.22M▲ 0% | 83.97M▲ 46.8% | 112.62M▲ 34.1% | 168.78M▲ 49.9% | 203.11M▲ 20.3% | 264.08M▲ 30.0% | 385.62M▲ 46.0% | 457.75M▲ 18.7% | 511.93M▲ 11.8% |
| Revenue Growth % | 17.16% | 46.76% | 34.12% | 49.86% | 20.34% | 30.01% | 46.03% | 18.7% | 11.84% |
| Non-Interest Expense | 36.8M | 50.25M | 56.9M | 98.45M | 113.95M | 148.06M | 152.35M | 176.44M | 198.45M |
| Efficiency Ratio | 64.32% | 59.84% | 50.52% | 58.33% | 56.1% | 56.07% | 39.51% | 38.55% | 38.77% |
| Operating Income | 8.95M▲ 0% | 17.37M▲ 94.1% | 29.85M▲ 71.9% | 36.78M▲ 23.2% | 64.56M▲ 75.5% | 68.59M▲ 6.2% | 90.59M▲ 32.1% | 83.09M▼ 8.3% | 113.41M▲ 36.5% |
| Operating Margin % | 15.64% | 20.68% | 26.51% | 21.79% | 31.78% | 25.97% | 23.49% | 18.15% | 22.15% |
| Operating Income Growth % | 33.12% | 94.06% | 71.86% | 23.21% | 75.52% | 6.25% | 32.06% | -8.27% | 36.48% |
| Pretax Income | 8.95M▲ 0% | 17.37M▲ 94.1% | 29.85M▲ 71.9% | 36.78M▲ 23.2% | 64.56M▲ 75.5% | 68.59M▲ 6.2% | 90.59M▲ 32.1% | 83.05M▼ 8.3% | 110.31M▲ 32.8% |
| Pretax Margin % | 15.64% | 20.68% | 26.51% | 21.79% | 31.78% | 25.97% | 23.49% | 18.14% | 21.55% |
| Income Tax | 4.1M | 3.28M | 6.08M | 6.79M | 12.42M | 14.34M | 19.54M | 17.94M | 22.45M |
| Effective Tax Rate % | 45.84% | 18.88% | 20.37% | 18.45% | 19.24% | 20.9% | 21.57% | 21.61% | 20.35% |
| Net Income | 4.85M▲ 0% | 14.09M▲ 190.7% | 23.77M▲ 68.7% | 29.99M▲ 26.2% | 52.14M▲ 73.8% | 54.26M▲ 4.1% | 71.04M▲ 30.9% | 65.11M▼ 8.4% | 87.86M▲ 34.9% |
| Net Margin % | 8.47% | 16.78% | 21.11% | 17.77% | 25.67% | 20.55% | 18.42% | 14.22% | 17.16% |
| Net Income Growth % | -5.15% | 190.66% | 68.7% | 26.17% | 73.82% | 4.06% | 30.94% | -8.36% | 34.95% |
| Net Income (Continuing) | 4.85M | 14.09M | 23.77M | 29.99M | 52.14M | 54.26M | 71.04M | 65.11M | 87.86M |
| EPS (Diluted) | 0.70▲ 0% | 1.22▲ 74.3% | 1.74▲ 42.6% | 1.64▼ 5.7% | 2.53▲ 54.3% | 2.32▼ 8.3% | 2.59▲ 11.6% | 2.26▼ 12.7% | 2.78▲ 23.0% |
| EPS Growth % | -5.41% | 74.29% | 42.62% | -5.75% | 54.27% | -8.3% | 11.64% | -12.74% | 23.01% |
| EPS (Basic) | 0.70 | 1.27 | 1.79 | 1.65 | 2.54 | 2.34 | 2.62 | 2.27 | 2.79 |
| Diluted Shares Outstanding | 11.53M | 11.55M | 13.67M | 18.24M | 20.63M | 22.82M | 25.3M | 26.45M | 29.66M |
Business First Bancshares, Inc. (BFST) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 286.74M | 405.59M | 367.56M | 789.74M | 1.09B | 1.04B | 1.11B | 347.76M | 1B |
| Cash & Due from Banks | 107.59M | 96.07M | 89.37M | 149.13M | 68.38M | 152.74M | 226.11M | 319.1M | 411.18M |
| Short Term Investments | 179.15M | 309.52M | 278.19M | 640.61M | 1.02B | 890.75M | 879.57M | 28.66M | 590.93M |
| Total Investments | 1.15B | 1.84B | 1.99B | 3.62B | 4.2B | 5.5B | 5.87B | 6.86B | 6.78B |
| Investments Growth % | 14.6% | 59.04% | 8.34% | 82.17% | 15.89% | 30.89% | 6.74% | 16.96% | -1.24% |
| Long-Term Investments | 975.35M | 1.53B | 1.71B | 2.98B | 3.18B | 4.61B | 4.99B | 6.83B | 6.19B |
| Accounts Receivables | 4.11M | 8.22M | 8.03M | 23.89M | 19.6M | 25.67M | 29.92M | 35.87M | 38.49M |
| Goodwill & Intangibles | 8.83M | 57.37M | 55.19M | 63.6M | 72.1M | 102.58M | 100.29M | 138.82M | 135.64M |
| Goodwill | 6.82M | 49.49M | 48.49M | 53.86M | 59.89M | 88.54M | 88.39M | 121.57M | 121.15M |
| Intangible Assets | 2M | 7.88M | 6.69M | 9.73M | 12.2M | 14.04M | 11.89M | 17.25M | 14.5M |
| PP&E (Net) | 8.78M | 15.11M | 29.28M | 58.59M | 58.16M | 63.18M | 69.48M | 81.95M | 73.98M |
| Other Assets | 34.45M | 78.16M | 100.67M | 235.69M | 299.96M | 118.58M | 264.72M | 389.83M | 758.07M |
| Total Current Assets | 290.85M | 413.81M | 375.59M | 813.63M | 1.11B | 1.07B | 1.14B | 383.63M | 1.04B |
| Total Non-Current Assets | 1.03B | 1.68B | 1.9B | 3.35B | 3.62B | 4.92B | 5.45B | 7.47B | 7.17B |
| Total Assets | 1.32B▲ 0% | 2.09B▲ 58.6% | 2.27B▲ 8.5% | 4.16B▲ 83.0% | 4.73B▲ 13.6% | 5.99B▲ 26.7% | 6.58B▲ 9.9% | 7.86B▲ 19.3% | 8.21B▲ 4.6% |
| Asset Growth % | 19.48% | 58.55% | 8.54% | 82.97% | 13.61% | 26.75% | 9.92% | 19.33% | 4.55% |
| Return on Assets (ROA) | 0.4% | 0.83% | 1.09% | 0.93% | 1.17% | 1.01% | 1.13% | 0.9% | 1.09% |
| Accounts Payable | 890K | 1.37M | 1.53M | 2.5M | 1.35M | 2.09M | 14.84M | 5.97M | 4.17M |
| Total Debt | 80.5M | 92.23M | 185.99M | 105.99M | 187.59M | 560.12M | 635.07M | 483.26M | 551.35M |
| Net Debt | -27.09M | -3.84M | 96.62M | -43.14M | 119.22M | 407.38M | 408.96M | 164.16M | 140.18M |
| Long-Term Debt | 77.7M | 80M | 118M | 79.14M | 168.45M | 525.85M | 616.19M | 460.63M | 272.53M |
| Short-Term Debt | 2.8M | 12.23M | 67.99M | 26.84M | 19.14M | 34.27M | 18.89M | 22.62M | 278.82M |
| Other Liabilities | 4.4M | 7.3M | 19.21M | 25.23M | 26.78M | 27.42M | 41.59M | 57.07M | 63.75M |
| Total Current Liabilities | 1.06B | 1.75B | 1.85B | 3.65B | 4.1B | 4.86B | 5.28B | 6.54B | 6.98B |
| Total Non-Current Liabilities | 82.1M | 87.3M | 137.21M | 104.37M | 195.23M | 553.27M | 657.77M | 517.7M | 336.28M |
| Total Liabilities | 1.14B | 1.83B | 1.99B | 3.75B | 4.29B | 5.41B | 5.94B | 7.06B | 7.32B |
| Total Equity | 179.94M▲ 0% | 260.06M▲ 44.5% | 285.1M▲ 9.6% | 409.96M▲ 43.8% | 433.37M▲ 5.7% | 580.48M▲ 33.9% | 644.26M▲ 11.0% | 799.47M▲ 24.1% | 896.88M▲ 12.2% |
| Equity Growth % | 58.45% | 44.53% | 9.63% | 43.8% | 5.71% | 33.95% | 10.99% | 24.09% | 12.19% |
| Equity / Assets (Capital Ratio) | 13.62% | 12.41% | 12.54% | 9.85% | 9.17% | 9.69% | 9.78% | 10.18% | 10.92% |
| Return on Equity (ROE) | 3.3% | 6.41% | 8.72% | 8.63% | 12.36% | 10.7% | 11.6% | 9.02% | 10.36% |
| Book Value per Share | 15.60 | 22.52 | 20.85 | 22.47 | 21.00 | 25.44 | 25.47 | 30.22 | 30.24 |
| Tangible BV per Share | 14.84 | 17.55 | 16.82 | 18.99 | 17.51 | 20.94 | 21.50 | 24.98 | 25.67 |
| Common Stock | 10.23M | 13.21M | 13.28M | 20.62M | 20.4M | 25.11M | 25.35M | 29.55M | 29.51M |
| Additional Paid-in Capital | 144.17M | 212.33M | 212.5M | 299.54M | 292.27M | 393.69M | 397.45M | 500.02M | 502.15M |
| Retained Earnings | 27.18M | 37.98M | 56.7M | 79.17M | 121.87M | 163.96M | 216.12M | 260.96M | 326.57M |
| Accumulated OCI | -1.64M | -3.47M | 2.61M | 10.63M | -1.18M | -74.2M | -66.58M | -63M | -33.29M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 71.93M | 71.93M | 71.93M | 71.93M |
Business First Bancshares, Inc. (BFST) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 7.97M | 19.28M | 24.42M | 29.34M | 56.44M | 69.58M | 92.43M | 61.4M | 92.08M |
| Operating CF Growth % | -2.23% | 141.92% | 26.68% | 20.15% | 92.38% | 23.27% | 32.84% | -33.57% | 49.97% |
| Net Income | 4.85M | 14.09M | 23.77M | 29.99M | 52.14M | 54.26M | 71.04M | 65.11M | 87.86M |
| Depreciation & Amortization | 1.18M | 1.17M | 1.59M | 3.16M | 4.16M | 4.82M | 4.67M | 5.26M | 5.68M |
| Deferred Taxes | 3.13M | -402K | 336K | -58K | 586K | -1.37M | -2.05M | -962K | 1.2M |
| Other Non-Cash Items | 827K | 2.67M | -863K | 5.53M | -4.49M | 5.2M | -3.49M | 2.96M | 93K |
| Working Capital Changes | -1.96M | 732K | -1.51M | -11.74M | 1.19M | 2.98M | 18.26M | -13.96M | -8.57M |
| Cash from Investing | -153.44M | -170.32M | -192.29M | -475.3M | -675.35M | -700.52M | -521.14M | -294.91M | -281.53M |
| Purchase of Investments | -11.03M | -17.28M | -30.25M | -234.25M | -532.5M | -125.48M | -146.61M | -109.18M | -687.86M |
| Sale/Maturity of Investments | 27.7M | 48.26M | 66.09M | 149.25M | 128.93M | 144.3M | 167.26M | 110.3M | 629.12M |
| Net Investment Activity | 16.66M | 30.98M | 35.84M | -85M | -403.57M | 18.82M | 20.65M | 1.12M | -58.74M |
| Acquisitions | 0 | -9.15M | -17.45M | 106M | -20.98M | 163.46M | -14.51M | 96.82M | 0 |
| Other Investing | -169.6M | -191.23M | -206.72M | -493.32M | -246.83M | -875.02M | -515.63M | -391.29M | -222.78M |
| Cash from Financing | 210.89M | 139.52M | 161.17M | 505.72M | 538.15M | 715.31M | 502.08M | 326.5M | 281.52M |
| Dividends Paid | -1.79M | -3.28M | -5.05M | -7.52M | -9.44M | -12.17M | -18.06M | -20.26M | -22.25M |
| Share Repurchases | -33K | 0 | -2.55M | -5.8M | -10.92M | 0 | 0 | -31K | -3.73M |
| Stock Issued | 62.45M | 27.65M | 823K | 3.36M | 3.56M | 48.49M | 0 | 0 | 0 |
| Net Stock Activity | 62.42M | 27.65M | -1.73M | -2.44M | -7.36M | 48.49M | 0 | -31K | -3.73M |
| Debt Issuance (Net) | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | 1000K |
| Other Financing | 121.96M | 118.71M | 129.96M | 605.3M | 474.43M | 279.87M | 427.94M | 524.31M | 238.54M |
| Net Change in Cash | 65.42M▲ 0% | -11.52M▼ 117.6% | -6.7M▲ 41.8% | 59.76M▲ 991.8% | -80.76M▼ 235.1% | 84.36M▲ 204.5% | 73.37M▼ 13.0% | 92.99M▲ 26.7% | 92.08M▼ 1.0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 42.17M | 107.59M | 96.07M | 89.37M | 149.13M | 68.38M | 152.74M | 226.11M | 319.1M |
| Cash at End | 107.59M | 96.07M | 89.37M | 149.13M | 68.38M | 152.74M | 226.11M | 319.1M | 411.18M |
| Interest Paid | 7.26M | 13.48M | 23.11M | 21.14M | 17.7M | 35.8M | 125.45M | 196.25M | 193.65M |
| Income Taxes Paid | 1.8M | 3.34M | 5.6M | 5.47M | 15.71M | 13.55M | 16.09M | 17.35M | 24.07M |
| Free Cash Flow | 7.46M▲ 0% | 18.36M▲ 146.0% | 20.46M▲ 11.5% | 26.37M▲ 28.9% | 52.47M▲ 99.0% | 61.8M▲ 17.8% | 80.78M▲ 30.7% | 59.84M▼ 25.9% | 92.08M▲ 53.9% |
| FCF Growth % | 10.4% | 145.97% | 11.45% | 28.89% | 98.99% | 17.77% | 30.72% | -25.92% | 53.88% |
Business First Bancshares, Inc. (BFST) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 4.52% | 3.3% | 6.41% | 8.72% | 8.63% | 12.36% | 10.7% | 11.6% | 9.02% | 10.36% |
| Return on Assets (ROA) | 0.47% | 0.4% | 0.83% | 1.09% | 0.93% | 1.17% | 1.01% | 1.13% | 0.9% | 1.09% |
| Net Interest Margin | 3.4% | 3.36% | 2.97% | 3.53% | 3.07% | 3.26% | 3.33% | 3.27% | 2.89% | 3.33% |
| Efficiency Ratio | 71.81% | 64.32% | 59.84% | 50.52% | 58.33% | 56.1% | 56.07% | 39.51% | 38.55% | 38.77% |
| Equity / Assets | 10.27% | 13.62% | 12.41% | 12.54% | 9.85% | 9.17% | 9.69% | 9.78% | 10.18% | 10.92% |
| Book Value / Share | 16.42 | 15.6 | 22.52 | 20.85 | 22.47 | 21 | 25.44 | 25.47 | 30.22 | 30.24 |
| NII Growth | 10.08% | 18.04% | 40.24% | 28.88% | 59.16% | 20.56% | 29.69% | 7.79% | 5.7% | 20.13% |
| Dividend Payout | 20.66% | 36.96% | 23.28% | 21.26% | 25.07% | 18.1% | 19.95% | 17.81% | 22.83% | 19.17% |
Business First Bancshares, Inc. (BFST) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 27, 2026·SEC
Apr 2, 2026·SEC
Feb 24, 2026·SEC
Business First Bancshares, Inc. (BFST) stock FAQ — growth, dividends, profitability & financials explained
Business First Bancshares, Inc. (BFST) grew revenue by 11.8% over the past year. This is steady growth.
Yes, Business First Bancshares, Inc. (BFST) is profitable, generating $87.9M in net income for fiscal year 2025 (17.2% net margin).
Yes, Business First Bancshares, Inc. (BFST) pays a dividend with a yield of 2.05%. This makes it attractive for income-focused investors.
Business First Bancshares, Inc. (BFST) has a return on equity (ROE) of 10.4%. This is reasonable for most industries.
Business First Bancshares, Inc. (BFST) has a net interest margin (NIM) of 3.3%. This indicates healthy earnings from lending activities.
Business First Bancshares, Inc. (BFST) has an efficiency ratio of 38.8%. This is excellent, indicating strong cost control.
Business First Bancshares, Inc. (BFST) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates