Piper Sandler initiated coverage on Business First Bancshares with a new price target
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Piper Sandler initiated coverage of Business First Bancshares with a rating of Overweight and set a new price target of $27.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/13/2024 | $30.00 → $31.50 | Outperform → Market Perform | Hovde Group |
| 7/26/2024 | $29.00 → $30.00 | Outperform | Hovde Group |
| 1/5/2024 | Outperform → Mkt Perform | Raymond James | |
| 7/28/2023 | $20.00 | Mkt Perform → Outperform | Raymond James |
| 1/5/2023 | Outperform → Mkt Perform | Raymond James | |
| 12/13/2022 | $27.00 | Overweight | Piper Sandler |
| 10/31/2022 | $28.00 | Outperform | Raymond James |
| 10/25/2021 | $33.00 | Market Perform → Strong Buy | Raymond James |
BATON ROUGE, La., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Zeenat Sidi has been appointed to the board of directors of Business First Bancshares, Inc. (NASDAQ:BFST) and its banking subsidiary b1BANK. Sidi, a C-suite executive in the fintech and consumer banking and payments industry, has over 25 years of experience in profit and loss (P&L) leadership, digital transformation, risk management, operations and strategy in the U.S. and Canada. Most recently, as loanDepot's President of Digital Products and Services, she led the development of multiple products and digital customer engagement strategies. One product, aimed at increasing affordability for first-time home buyers, led to industry recogni
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. Ducrest is the immediate former Commissioner of the Louisiana Office of Financial Institutions (OFI) and immediate former Commissioner of Securities for the state of Louisiana. In addition to his service as Commissioner of the OFI over the past 16 years, Ducrest has held active leadership roles with various national organizations. In the aftermath of the Great Recession, Ducrest served as the state banking supervisory representative on the Financial Stability Oversight Council (FSOC) and as Boar
BATON ROUGE, La., Oct. 24, 2024 (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, 2024, including net income available to common shareholders of $16.5 million or $0.65 per diluted common share, increases of $0.6 million and $0.03, respectively, compared to the linked quarter ended June 30, 2024. On a non-GAAP basis, core net income for the quarter ended September 30, 2024, which excludes certain income and expenses, was $17.2 million or $0.68 per diluted common share, increases of $1.0 million and $0.04, from the linked quarter. "In the third quarter our
BATON ROUGE, La., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ:BFST), the parent company of b1BANK, announced that it is scheduled to release third quarter 2024 earnings after market close on Thursday, Oct. 24, 2024. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, Oct. 24, 2024) at 4:00 p.m. CDT. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 5274174, or asking for the Business First Bancshares, Inc. conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/a2ui6eo8. On the day of the presentation, the correspo
BATON ROUGE, La., July 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 June 30, 2024, including net income available to common shareholders of $15.9 million or $0.62 per diluted common share, increases of $3.6 million and $0.14, respectively, compared to the linked quarter ended March 31, 2024. On a non-GAAP basis, core net income for the quarter ended June 30, 2024, which excludes certain income and expenses, was $16.3 million or $0.64 per diluted common share, increases of $3.5 million and $0.14, respectively, from the linked quarter. "I am encouraged by our
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
144 - Business First Bancshares, Inc. (0001624322) (Subject)
10-Q - Business First Bancshares, Inc. (0001624322) (Filer)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
SC 13G/A - Business First Bancshares, Inc. (0001624322) (Subject)
SC 13G/A - Business First Bancshares, Inc. (0001624322) (Subject)
SC 13G/A - Business First Bancshares, Inc. (0001624322) (Subject)
Business First Bancshares (NASDAQ:BFST) reported quarterly earnings of $0.50 per share which missed the analyst consensus estimate of $0.57 by 12.28 percent. This is a 9.09 percent decrease over earnings of $0.55 per share from the same period last year. The company reported quarterly sales of $60.917 million which missed the analyst consensus estimate of $62.224 million by 2.10 percent. This is a 0.36 percent decrease over sales of $61.137 million the same period last year.
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
Hovde Group downgraded Business First Bancshares from Outperform to Market Perform and set a new price target of $31.50 from $30.00 previously
Hovde Group reiterated coverage of Business First Bancshares with a rating of Outperform and set a new price target of $30.00 from $29.00 previously
Raymond James downgraded Business First Bancshares from Outperform to Mkt Perform
BATON ROUGE, La., Oct. 24, 2024 (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, 2024, including net income available to common shareholders of $16.5 million or $0.65 per diluted common share, increases of $0.6 million and $0.03, respectively, compared to the linked quarter ended June 30, 2024. On a non-GAAP basis, core net income for the quarter ended September 30, 2024, which excludes certain income and expenses, was $17.2 million or $0.68 per diluted common share, increases of $1.0 million and $0.04, from the linked quarter. "In the third quarter our
BATON ROUGE, La., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ:BFST), the parent company of b1BANK, announced that it is scheduled to release third quarter 2024 earnings after market close on Thursday, Oct. 24, 2024. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, Oct. 24, 2024) at 4:00 p.m. CDT. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 5274174, or asking for the Business First Bancshares, Inc. conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/a2ui6eo8. On the day of the presentation, the correspo
BATON ROUGE, La., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (NASDAQ:BFST), the holding company for b1BANK, has completed its acquisition of Oakwood Bancshares, Inc. (Oakwood), the holding company for Oakwood Bank. The acquisition became effective Oct. 1, 2024. "b1 has been serving Dallas-Fort Worth market businesses with our boutique style banking for a number of years, as has Oakwood," said Jude Melville, chairman, president and CEO of Business First and b1BANK. "This partnership accelerates the meaningfulness we can deliver as we impact small and growing companies in one of our country's most vibrant markets." With the completion of the acquisit