Business First Bancshares, Inc.

BFST

Business First Bancshares, Inc.

BFST

Insider Sentiment (TTM):

Last Purchase:2026-02-10Last Sale:2026-06-11Shares Purchased (TTM):5,445Shares Sold (TTM):99,954

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:16,535,722Shares Outstanding:32,579,934Institutional Ownership Pct.:50.75%

Earnings Market Reaction:

Filing Date:2026-05-01Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Companies in State Commercial Banks

STBA RRBI FFIC PEBK TYFG BNY

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Cash And Cash Equivalents At Carrying Value	590	411	399	496	313	319	213	208	186	226	191	181
Federal Funds Sold	88	172	101	39	117	198	170	114	211	151	197	174
Available For Sale Securities Debt Securities	-	-	-	-	-	-	-	-	-	880	850	878
Securities Purchased Under Agreements To Resell	31	26	26	25	51	51	26	-	-	0	-	-
Debt Securities Available For Sale Excluding Accru…	1,046	989	986	926	921	894	916	875	873	880	-	-
Notes Receivable Net	-	-	-	-	-	-	-	-	-	4,952	4,879	4,857
Loans Receivable Held For Sale Net Not Part Of Dis…	0	1	0	1	0	1	0	1	0	1	-	-
Assets
Assets	8,907	8,215	7,954	7,948	7,785	7,857	6,889	6,704	6,696	6,585	6,489	6,455
Financing Receivable Excluding Accrued Interest Af…	6,621	6,136	5,964	5,989	5,924	5,927	5,178	5,121	5,048	4,952	-	-
Property Plant And Equipment Net	88	74	78	79	82	82	68	69	69	69	65	63
Interest Receivable	38	38	37	37	34	36	33	31	29	30	28	27
Real Estate Acquired Through Foreclosure	21	13	17	1	1	6	2	2	1	2	2	2
Bank Owned Life Insurance	133	120	120	119	118	118	101	101	100	96	96	95
Deferred Income Tax Assets Net	23	20	21	25	25	30	21	26	27	27	35	32
Goodwill	134	121	121	121	122	122	92	92	92	88	88	89
Finite Lived Intangible Assets Net	29	14	15	16	17	17	10	11	11	12	12	13
Other Assets	25	28	24	25	20	18	20	16	14	15	13	10
Liabilities
Noninterest Bearing Deposit Liabilities	1,575	1,322	1,367	1,411	1,308	1,357	1,191	1,310	1,295	1,299	1,412	1,429
Deposits
Deposits	7,465	6,699	6,507	6,420	6,458	6,511	5,641	5,564	5,573	5,249	5,191	5,014
Federal Funds Purchased	-	-	-	-	-	-	-	-	-	0	0	0
Interest Bearing Deposit Liabilities	5,890	5,377	5,140	5,009	5,150	5,154	4,450	4,253	4,278	3,950	3,778	3,585
Securities Sold Under Agreements To Repurchase	22	23	30	23	19	23	22	18	17	19	23	23
Advances From Federal Home Loan Banks	261	431	367	493	431	356	367	305	308	211	214	362
Subordinated Debt	92	93	93	93	93	100	100	100	100	100	100	104
Interest Payable Current And Noncurrent	4	4	4	5	5	6	4	5	4	15	11	8
Other Liabilities	62	64	70	62	61	57	51	43	39	42	40	37
Liabilities	7,916	7,318	7,075	7,100	6,958	7,058	6,189	6,039	6,047	5,940	5,884	5,854
Preferred Stock Value	72	72	72	72	72	72	72	72	72	72	72	72
Common Stock Value	33	30	30	30	30	30	26	26	25	25	25	25
Additional Paid In Capital Common Stock	581	502	503	502	502	500	398	398	399	397	396	396
Stockholders Equity
Retained Earnings Accumulated Deficit	344	327	310	293	276	261	250	237	225	216	205	189
Stockholders Equity	991	897	878	848	826	799	700	665	649	644	604	601
Accumulated Other Comprehensive Income Loss Net Of…	-38	-33	-36	-48	-53	-63	-46	-68	-72	-67	-94	-81
Available For Sale Debt Securities Amortized Cost …	-	-	-	-	-	-	-	-	-	964	968	980
Financing Receivable Allowance For Credit Losses	-	-	-	-	-	-	-	-	-	40	41	42
Liabilities And Stockholders Equity	8,907	8,215	7,954	7,948	7,785	7,857	6,889	6,704	6,696	6,585	6,489	6,455
Debt Securities Available For Sale Amortized Cost …	1,094	1,031	1,032	987	988	973	975	961	964	964	-	-
Financing Receivable Allowance For Credit Loss Exc…	64	54	57	58	57	55	42	41	41	40	-	-
Preferred Stock No Par Value	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Authorized	5	5	5	5	5	5	5	5	5	5	5	5
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Liquidation Preference Value	1	1	1	1	1	1	1	1	1	1	1	1
Preferred Stock Shares Outstanding	-	0	-	-	-	0	-	-	-	0	-	-
Common Stock Par Or Stated Value Per Share	1	1	1	1	1	1	1	1	1	1	1	1
Common Stock Shares Authorized	50	50	50	50	50	50	50	50	50	50	50	50
Common Stock Shares Issued	33	30	30	30	30	30	26	26	25	25	25	25
Shares Outstanding	30	30	30	30	30	30	26	26	25	25	25	25

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Interactive Financial Visualizations

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	1.80%	5.20%	12.95%	-	-	-	-	-	-	-	-	-
2025	0.14%	-1.43%	11.61%	8.99%	5.50%	8.99%	5.43%	13.31%	11.09%	-9.18%	2.04%	-5.03%
2024	1.20%	-3.48%	13.67%	-4.42%	1.76%	3.23%	8.89%	-0.49%	-1.85%	-2.20%	-9.19%	-5.22%
2023	9.58%	16.15%	18.29%	-2.43%	-11.77%	-12.36%	2.29%	22.92%	14.10%	-0.91%	-3.84%	0.02%
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Performance and Valuation Metrics

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	-0.60	-0.60	-0.62	-0.64	-0.64	-0.24	0.83	0.88	1.58	1.66	1.77	1.95
Per Share Metrics
Diluted EPS TTM	2.77	2.97	2.58	2.42	2.26	2.26	2.59	2.69	2.79	2.81	2.79	2.57
Free Cash Flow Per Share TTM	2.70	3.02	3.07	2.69	2.71	2.26	2.28	2.20	2.67	3.22	3.04	3.08
Dividend Per Share TTM	0.54	0.57	0.56	0.54	0.52	0.57	0.56	0.54	0.53	0.50	0.48	0.47
Margin Metrics
Gross Profit Margin TTM	-1,642.55%	-1,692.30%	-1,686.24%	-1,635.69%	-1,633.14%	-1,671.59%	-1,912.15%	-1,862.92%	-1,752.34%	-1,599.72%	-1,118.42%	-866.42%
Operating Profit Margin TTM	1,037.56%	1,030.54%	895.41%	882.66%	833.43%	785.20%	838.63%	854.00%	897.98%	933.49%	890.59%	932.20%
Net Profit Margin TTM	827.25%	820.82%	700.34%	645.18%	606.28%	564.49%	647.00%	685.01%	719.31%	732.10%	742.50%	718.74%
Growth Metrics
Net Revenue Growth (1Y)	-0.11%	1.20%	7.54%	11.10%	11.52%	9.00%	7.05%	10.04%	12.73%	17.31%	-0.74%	21.75%
Net Income Growth (1Y)	36.30%	47.16%	16.41%	4.64%	-6.00%	-15.96%	-6.72%	4.87%	19.74%	30.83%	45.86%	45.38%
EPS Growth (1Y)	22.70%	31.42%	-0.36%	-10.44%	-19.47%	-19.72%	-7.37%	4.19%	19.04%	18.08%	30.51%	30.07%
Valuation Metrics
P/E TTM	9.64	8.65	8.96	9.94	10.41	10.93	9.50	7.69	7.50	8.21	6.26	5.40
P/B TTM	0.88	0.85	0.78	0.84	0.84	0.82	0.89	0.79	0.82	0.91	0.73	0.59
P/S TTM	79.75	71.02	62.73	64.13	63.14	61.71	61.45	52.65	53.93	60.12	46.48	38.85
Market Cap	876.09M	760.22M	686.00M	711.45M	694.38M	652.68M	624.90M	525.79M	531.86M	583.43M	441.54M	352.53M
Enterprise Value	286.29M	349.05M	286.92M	215.70M	381.49M	333.58M	411.70M	317.74M	345.96M	357.32M	250.08M	171.56M
Calculated Values
Free Cash Flow TTM	88.09M	88.90M	90.60M	79.53M	79.59M	59.30M	57.58M	55.50M	67.13M	80.78M	76.22M	77.21M
Net Debt	-589.80M	-411.18M	-399.08M	-495.76M	-312.89M	-319.10M	-213.20M	-208.05M	-185.91M	-226.11M	-191.46M	-180.97M
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-06-11Sale

Owner: Cummings, George W. Iii

Title: -

Shares: 5,000

Price/Share: $28.78

Value: $143,900.00

Shares Owned: 261,180

Relationship: Director

Ownership: Direct

2026-06-08Sale

Owner: Cummings, George W. Iii

Title: -

Shares: 15,000

Price/Share: $28.54

Value: $428,100.00

Shares Owned: 281,180

Relationship: Director

Ownership: Direct

2026-05-27Sale

Owner: Cummings, George W. Iii

Title: -

Shares: 11,595

Price/Share: $27.92

Value: $323,732.40

Shares Owned: 296,180

Relationship: Director

Ownership: Direct

2026-05-22Sale

Owner: Cummings, George W. Iii

Title: -

Shares: 10,000

Price/Share: $27.99

Value: $279,900.00

Shares Owned: 307,775

Relationship: Director

Ownership: Direct

2026-03-04Sale

Owner: Cummings, George W. Iii

Title: -

Shares: 11,000

Price/Share: $27.60

Value: $303,600.00

Shares Owned: 317,775

Relationship: Director

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-06-11	Cummings, George W. Iii	Director	-	Direct	Sale	5,000	28.78	$143,900.00	261,180	4
2026-06-08	Cummings, George W. Iii	Director	-	Direct	Sale	15,000	28.54	$428,100.00	281,180	4
2026-05-27	Cummings, George W. Iii	Director	-	Direct	Sale	11,595	27.92	$323,732.40	296,180	4
2026-05-22	Cummings, George W. Iii	Director	-	Direct	Sale	10,000	27.99	$279,900.00	307,775	4
2026-03-04	Cummings, George W. Iii	Director	-	Direct	Sale	11,000	27.60	$303,600.00	317,775	4
2026-03-03	Cummings, George W. Iii	Director	-	Direct	Sale	9,800	27.42	$268,716.00	328,775	4
2026-02-25	Cummings, George W. Iii	Director	-	Direct	Sale	20,000	28.00	$560,000.00	338,775	4
2026-02-10	Folse, Mark P.	Director	-	Direct	Sale	4,854	29.51	$143,241.54	53,286	4
2026-02-10	Mccollister, Rolfe H. Jr.	Director	-	Direct	Purchase	120	29.56	$3,547.20	93,080	4
2026-01-29	Carter, Donald Chad	Officer	EVP, Correspondent Banking	Direct	Sale	3,778	27.27	$103,026.06	13,863	4
2026-01-27	Day, Rick D.	Director	-	Direct	Purchase	1,500	27.55	$41,325.00	267,385	4
2025-12-01	Robertson, Greg	Officer	EVP and CFO	Direct	Sale	1,400	26.41	$36,974.00	67,835	4
2025-10-28	Day, Rick D.	Director	-	Direct	Purchase	1,600	24.21	$38,736.00	265,885	4
2025-08-22	Strong, Saundra	Officer	EVP & General Counsel	Direct	Sale	2,363	25.38	$59,972.94	5,997	4
2025-08-04	Buquet, James J. Iii	Director	-	Direct	Sale	5,164	23.08	$119,185.12	28,523	4
2025-07-31	Ducrest, John P.	Director	-	Direct	Purchase	2,225	23.62	$52,554.50	13,716	4
2025-06-06	Mccollister, Rolfe H. Jr.	Director	-	Direct	Purchase	680	23.40	$15,912.00	92,960	4
2025-05-29	Robertson, Greg	Officer	EVP and CFO	Direct	Sale	1,086	23.72	$25,759.92	69,235	4
2025-03-05	Day, Rick D.	Director	-	Direct	Purchase	1,500	25.46	$38,190.00	264,285	4
2024-11-13	Buquet, James J. Iii	Director	-	Direct	Sale	12,000	29.12	$349,440.00	33,687	4
2024-11-07	Mcdonald, Warren	Officer	Chief Credit Officer	Direct	Sale	2,560	28.70	$73,472.00	16,535	4
2024-11-06	Melville, David R. Iii	Director,Officer	President and CEO	Direct	Sale	9,172	28.42	$260,668.24	221,639	4
2024-11-04	Johnson, Joseph Vernon	Director	-	Direct	Sale	2,500	26.33	$65,825.00	183,057	4
2024-10-30	Johnson, Joseph Vernon	Director	-	Direct	Sale	11,520	27.16	$312,883.20	191,557	4
2024-09-09	Mcdonald, Warren	Officer	Chief Credit Officer	Direct	Sale	1,500	24.68	$37,020.00	19,095	4
2024-09-09	Folse, Mark P.	Director	-	Direct	Sale	7,346	24.56	$180,417.76	63,286	4
2024-08-30	Folse, Mark P.	Director	-	Direct	Sale	154	24.50	$3,773.00	70,632	4
2024-08-29	Folse, Mark P.	Director	-	Direct	Sale	2,500	24.50	$61,250.00	70,786	4
2024-08-01	Mcdonald, Warren	Officer	Chief Credit Officer	Direct	Sale	1,532	25.71	$39,387.72	20,595	4
2024-07-31	Johnson, Joseph Vernon	Director	-	Direct	Sale	6,300	25.77	$162,351.00	207,057	4
2024-07-30	Folse, Mark P.	Director	-	Direct	Sale	40,000	25.43	$1,017,200.00	73,286	4
2024-07-30	Strong, Saundra	Officer	EVP & General Counsel	Direct	Sale	6,300	25.32	$159,516.00	11,275	4
2024-04-30	Day, Rick D.	Director	-	Direct	Purchase	1,800	20.30	$36,540.00	262,785	4
2024-03-11	Mcdonald, Warren	Officer	Chief Credit Officer	Direct	Sale	7,000	22.37	$156,590.00	24,306	4
2023-11-30	Ducrest, John P.	Director	-	Direct	Purchase	60	20.33	$1,217.56	10,342	4
2023-11-16	Buquet, James J. Iii	Director	-	Direct	Sale	38,000	21.03	$799,140.00	44,538	4
2023-11-15	Folse, Mark P.	Director	-	Direct	Sale	5,000	21.68	$108,400.00	112,137	4
2023-08-31	Day, Rick D.	Director	-	Direct	Purchase	1,500	20.43	$30,645.00	259,836	4
2023-08-09	Jackson, Jesse	Officer	EVP & Pres., Fin. Institutions	Direct	Sale	3,000	20.87	$62,610.00	19,417	4
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Institutional Ownership

No data available for chart

2026-03-31

50.75%

Inst. Shares: 16,535,722

Shares Outstanding: 32,579,934

2025-12-31

51.72%

Inst. Shares: 15,204,039

Shares Outstanding: 29,396,462

2025-09-30

50.44%

Inst. Shares: 14,902,739

Shares Outstanding: 29,544,425

2025-06-30

49.56%

Inst. Shares: 14,629,767

Shares Outstanding: 29,517,495

2025-03-31

47.72%

Inst. Shares: 13,995,723

Shares Outstanding: 29,329,668

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	16,535,722	32,579,934	50.75%
2025-12-31	15,204,039	29,396,462	51.72%
2025-09-30	14,902,739	29,544,425	50.44%
2025-06-30	14,629,767	29,517,495	49.56%
2025-03-31	13,995,723	29,329,668	47.72%
2024-12-31	13,361,540	26,253,846	50.89%
2024-09-30	12,289,358	25,289,094	48.60%
2024-06-30	11,797,687	25,265,495	46.69%
2024-03-31	10,889,294	25,127,187	43.34%
2023-12-31	11,253,053	25,079,106	44.87%
2023-09-30	10,230,173	25,111,548	40.74%
2023-06-30	9,964,787	25,101,683	39.70%
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Business First Bancshares, Inc. (BFST) — SEC Financial Statements & Analysis

Business First Bancshares, Inc. (BFST) is a state commercial banks company, incorporated in LA. Business First Bancshares, Inc. trades on Nasdaq as: BFST. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Business First Bancshares, Inc. reported a -0.11% year-over-year revenue growth, a Gross Profit Margin of -1642.55% (TTM), a Price-to-Sales (P/S) ratio of 79.75x (TTM), a Price-to-Book (P/B) ratio of 0.88 (TTM), at a market cap of $876.09M. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: -0.11%
Gross Profit Margin TTM: -1642.55%
P/S TTM: 79.75x
P/B TTM: 0.88
Market Cap: $876.09M

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Business First Bancshares, Inc. in?

Business First Bancshares, Inc. (BFST) operates in the State Commercial Banks industry.

What is BFST's market cap?

Business First Bancshares, Inc. (BFST) has a market capitalization of $876.09M as of 2026-03-31.

What is BFST's P/E ratio?

Business First Bancshares, Inc. (BFST)'s trailing twelve month P/E ratio is 9.64x as of 2026-03-31.

What exchange does BFST trade on?

Business First Bancshares, Inc. (BFST) trades on the Nasdaq.

Where is Business First Bancshares, Inc. incorporated?

Business First Bancshares, Inc. is incorporated in LA.

Business First Bancshares, Inc. (BFST) — SEC Financial Statements & Analysis

Frequently Asked Questions

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