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 a range of checking, demand, money market, time, and savings accounts, as well as certificates of deposit; and remote deposit capture and direct deposit services. The company also provides commercial and industrial loans, including commercial lines of credit, working capital loans, term loans, equipment financing, asset acquisition, expansion and development loans, borrowing base loans, letters of credit, 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. Further, the company provides a range of other financial services comprising drive-through banking facilities, automated teller machines, debit and credit cards, and employee and payroll benefits solutions; and night depository, personalized checks, treasury and cash management, merchant, automated clearing house, electronic funds transfer, domestic and foreign wire transfer, traveler's checks, vault, loan and deposit sweep accounts, lock-box, receivables factoring, correspondent banking, online and mobile banking, e-statements, and bank-by-mail services. The company operates approximately 42 full-service banking centers located in the State of Louisiana and in the Dallas/Fort Worth metroplex. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana.
IPO Year:
Exchange: NASDAQ
Website: b1bank.com
| 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 |
144 - Business First Bancshares, Inc. (0001624322) (Subject)
10-Q - Business First Bancshares, Inc. (0001624322) (Filer)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
425 - Business First Bancshares, Inc. (0001624322) (Subject)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
425 - Business First Bancshares, Inc. (0001624322) (Subject)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
8-K - Business First Bancshares, Inc. (0001624322) (Filer)
10-Q - Business First Bancshares, Inc. (0001624322) (Filer)
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
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.
Piper Sandler analyst Graham Dick maintains Business First Bancshares (NASDAQ:BFST) with a Overweight and raises the price target from $23 to $26.
Business First Bancshares (NASDAQ:BFST) reported its Q4 earnings results on Tuesday, January 23, 2024 at 04:01 PM. Here's what investors need to know about the announcement. Earnings Business First Bancshares beat estimated earnings by 10.0%, reporting an EPS of $0.66 versus an estimate of $0.6. Revenue was down $4.17 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.1 which was followed by a 2.91% increase in the share price the next day. Here's a look at Business First Bancshares's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.61 0.52 0.52 0.60 EPS Actual 0.71 0.70 0.55 0.66 Revenue Estimate 62
Business First Bancshares (NASDAQ:BFST) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.60 by 10 percent. The company reported quarterly sales of $62.68 million which beat the analyst consensus estimate of $62.47 million by 0.33 percent. This is a 2.58 percent decrease over sales of $64.34 million the same period last year.
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Business First Bancshares (NASDAQ:BFST) is set to give its latest quarterly earnings report on Tuesday, 2024-01-23. Here's what investors need to know before the announcement. Analysts estimate that Business First Bancshares will report an earnings per share (EPS) of $0.60. Business First Bancshares bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.10, which was fol
Raymond James analyst Michael Rose downgrades Business First Bancshares (NASDAQ:BFST) from Outperform to Market Perform.
Piper Sandler analyst Graham Dick maintains Business First Bancshares (NASDAQ:BFST) with a Overweight and raises the price target from $22 to $23.
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
BATON ROUGE, La., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (Business First) (NASDAQ:BFST), the holding company for b1BANK, announced it has received all required regulatory approvals and non-objections to complete its merger with Oakwood Bancshares, Inc. (Oakwood), the holding company for Oakwood Bank, a Texas banking association. On August 27, 2024, Oakwood's shareholders voted to approve the merger. "We appreciate our regulatory partners' efficient review of the proposed transaction as well as the strong affirmation expressed by the Oakwood shareholder base," said Jude Melville, chairman, president and CEO of Business First and b1BANK. "We are even more excit
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., July 30, 2024 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ:BFST), the parent company of b1BANK, announced that the board's independent directors unanimously elected David R. "Jude" Melville III to the role of board chair and Rolfe H. McCollister Jr. as lead independent director. "For nearly 20 years, Rolfe and I have been working successfully together in various capacities, alongside many others, on this important endeavor. I thank the board for this opportunity to continue partnering with him and them in this next phase of our company's life," said Melville. In this role, Melville will lead the work to set the agenda for the board, leveraging his deep un
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
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. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 9962250, or asking for the Business First Bancshares conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/8tfqtsaw. On the day of the presentation, the correspon
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. Once completed, it is expected that the acquisition would increase the Company's consolidated total assets to approximately $7.4 billion, with over $5.6 billion in consolidated total loans. As of
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. "We didn't earn a
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4 - Business First Bancshares, Inc. (0001624322) (Issuer)
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4 - Business First Bancshares, Inc. (0001624322) (Issuer)
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4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
4 - Business First Bancshares, Inc. (0001624322) (Issuer)
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
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. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 9962250, or asking for the Business First Bancshares conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/8tfqtsaw. On the day of the presentation, the correspon
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. "We didn't earn a
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. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 5574541, or asking for the Business First Bancshares conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/kqiwvpsh. On the day of the presentation, the corresp
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. For the qu
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. Interested parties may attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 4061156, or asking for the Business First Bancshares conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/gctma4g8. On the day of the
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
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. Interested parties can attend the call by dialing toll-free 1-800-715-9871 (North America only), conference ID 4515523, or asking for the Business First Bancshares conference call. The live webcast can be found at https://edge.media-server.com/mmc/p/87me6od9. On the day of the pre
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
Raymond James upgraded Business First Bancshares from Mkt Perform to Outperform and set a new price target of $20.00
Raymond James downgraded Business First Bancshares from Outperform to Mkt Perform
Piper Sandler initiated coverage of Business First Bancshares with a rating of Overweight and set a new price target of $27.00
Raymond James initiated coverage of Business First Bancshares with a rating of Outperform and set a new price target of $28.00
Raymond James upgraded Business First Bancshares from Market Perform to Strong Buy and set a new price target of $33.00
DA Davidson upgraded Business First Bancshares from Neutral to Buy and set a new price target of $27.50 from $26.50 previously
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