BFST Stock - Business First Bancshares, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $457.75M | $385.62M | $264.08M | $203.11M | $168.78M |
| Gross Profit | $259.50M | $242.94M | $216.65M | $178.51M | $135.24M |
| Gross Margin | 56.7% | 63.0% | 82.0% | 87.9% | 80.1% |
| Operating Income | $83.09M | $90.59M | $68.59M | $64.56M | $36.78M |
| Net Income | $65.11M | $71.04M | $54.26M | $52.14M | $29.99M |
| Net Margin | 14.2% | 18.4% | 20.5% | 25.7% | 17.8% |
| EPS | $2.27 | $2.62 | $2.34 | $2.54 | $1.65 |
Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services. It offers various deposit products and services, including checking, demand, money market, time, and savings accounts; and certificates of deposits, remote deposit capture, and direct deposit services. The company also provides commercial and industrial loans, such as commercial lines of credit, letters of credit, working capital, term, equipment financing, asset acquisition, expansion and development, borrowing base, and other loan products; construction and development loans; commercial real estate loans; residential real estate loans comprising first and second lien 1-4 family mortgage loans, and home equity lines of credit; and consumer loans, including secured and unsecured installment and term loans. In addition, it offers wealth management products, including mutual funds, annuities, individual retirement accounts, and other financial products, as well as other fiduciary services and private banking products and services. Further, the company provides a range of other financial services comprising debit and credit cards, treasury and cash management, merchant, automated clearing house, lock-box, receivables factoring, correspondent banking, and other treasury services, as well as employee and payroll benefits solutions; and drive-through banking facilities, automated teller machines, night depository, personalized checks, electronic funds transfer, domestic and foreign wire transfer, traveler's checks, vault, loan and deposit sweep accounts, online and mobile banking, e-statements, and bank-by-mail services. As of March 01, 2022, it operates approximately 48 full-service banking centers and three loan production offices across Louisiana, and in the Dallas and Houston markets. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 25th 2025 | DA Davidson | Resumed | Buy | $32 |
| January 24th 2025 | Hovde Group | Upgrade | Outperform | $33← $31.5 |
| December 19th 2024 | Raymond James | Upgrade | Outperform | $30 |
| November 13th 2024 | Hovde Group | Downgrade | Market Perform | $31.5← $30 |
| July 26th 2024 | Hovde Group | Reiterated | Outperform | $30← $29 |
| January 5th 2024 | Raymond James | Downgrade | Market Perform | - |
| July 28th 2023 | Raymond James | Upgrade | Outperform | $20 |
| January 5th 2023 | Raymond James | Downgrade | Market Perform | - |
| December 13th 2022 | Piper Sandler | Initiation | Overweight | $27 |
| October 31st 2022 | Raymond James | Initiation | Outperform | $28 |
Earnings History & Surprises
BFSTEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Jan 22, 2026 | $0.72 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.69 | $0.72 | +4.3% | ✓ BEAT |
Q3 2025 | Jul 28, 2025 | $0.65 | $0.66 | +1.5% | ✓ BEAT |
Q2 2025 | Apr 24, 2025 | $0.61 | $0.65 | +6.6% | ✓ BEAT |
Q1 2025 | Jan 23, 2025 | $0.49 | $0.66 | +34.7% | ✓ BEAT |
Q4 2024 | Oct 24, 2024 | $0.57 | $0.68 | +19.3% | ✓ BEAT |
Q3 2024 | Jul 25, 2024 | $0.51 | $0.64 | +25.5% | ✓ BEAT |
Q2 2024 | Apr 25, 2024 | $0.57 | $0.50 | -12.3% | ✗ MISS |
Q1 2024 | Jan 23, 2024 | $0.60 | $0.66 | +10.0% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $0.61 | $0.71 | +16.4% | ✓ BEAT |
Q3 2023 | Jul 27, 2023 | $0.52 | $0.70 | +34.6% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $0.52 | $0.55 | +5.8% | ✓ BEAT |
Q1 2023 | Jan 25, 2023 | $0.60 | $0.66 | +10.0% | ✓ BEAT |
Q4 2022 | Oct 26, 2022 | $0.70 | $0.72 | +2.9% | ✓ BEAT |
Q3 2022 | Jul 26, 2022 | $0.57 | $0.64 | +12.3% | ✓ BEAT |
Q2 2022 | Apr 26, 2022 | $0.51 | $0.49 | -3.9% | ✗ MISS |
Q1 2022 | Jan 25, 2022 | $0.51 | $0.59 | +15.7% | ✓ BEAT |
Q4 2021 | Oct 21, 2021 | $0.48 | $0.50 | +4.2% | ✓ BEAT |
Q3 2021 | Jul 26, 2021 | $0.54 | $0.90 | +66.7% | ✓ BEAT |
Latest News
DA Davidson Assumes Business First Bancshares at Buy, Maintains Price Target of $32
📈 PositiveBusiness First Bancshares Announces $30M Buyback Plan
📈 PositiveBusiness First Bancshares Q3 Adj. EPS $0.72 Beats $0.67 Estimate, Sales $80.947M Beat $80.432M Estimate
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