Business First Bancshares Inc

Business First Bancshares Inc

BFST · NASDAQ · Financial Services / Banks - Regional

32.27USD-0.14 (-0.43%)

Price History

Full chart

Market Stats

Previous Close32.41
Open32.25
Day Range31.98 – 32.40
52-Week Range22.08 – 32.37
Volume251.60K
Market Cap1.00B
P/E (TTM)10.90
Forward P/E9.68
EPS2.83
Dividend Yield1.96%
Beta0.77
50-Day Avg31.36
200-Day Avg28.81

About

Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services in Louisiana and Texas. It offers various deposit products and services, including checking and savings, time, and money market accounts; and certificates of deposits, remote deposit capture, and direct deposit services. The company also provides commercial and industrial loans, such as working capital, term, equipment financing, asset acquisition, expansion and development, borrowing base, and other loan products, as well as commercial lines of credit, accounts receivable factoring, agricultural financing, and letters of credit; 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 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, interest-rate swaps, small business administration products, online and mobile banking, e-statements, and bank-by-mail services. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. David R. Melville III
  • Employees821
  • Headquarters500 Laurel Street, Baton Rouge, LA, United States, 70801, USA
  • Websitehttps://www.b1bank.com

Leadership

  • Mr. David R. Melville IIIChairman, President & CEO · b. 1975
  • Mr. Gregory RobertsonExecutive VP, CFO & Treasurer · b. 1972
  • Mr. Keith MansfieldExecutive VP & COO · b. 1977

Financials

Income Statement

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.84M25.70M24.55M41.80M48.84M57.22M83.97M112.62M168.78M203.11M264.08M385.62M457.75M511.93M
Growth (%)-+12.50%-4.46%+70.24%+16.85%+17.16%+46.76%+34.12%+49.87%+20.34%+30.01%+46.03%+18.70%+11.84%
Cost of Revenue--05.67M7.05M11.47M16.36M25.88M33.54M24.60M47.42M142.68M198.25M200.07M
Gross Profit22.84M25.70M24.55M36.13M41.79M45.75M67.62M86.75M135.24M178.51M216.65M242.94M259.50M311.86M
Gross Margin100.00%100.00%100.00%86.44%85.57%79.96%80.52%77.02%80.13%87.89%82.04%63.00%56.69%60.92%
Operating Expense18.30M20.08M19.16M30.51M35.07M36.80M50.25M56.90M98.45M113.95M148.06M152.35M176.40M198.45M
Operating Income4.54M5.62M5.40M5.62M6.72M8.95M17.37M29.85M36.78M64.56M68.59M90.59M83.09M113.41M
Operating Margin19.86%21.87%21.98%13.45%13.77%15.64%20.68%26.51%21.79%31.78%25.97%23.49%18.15%22.15%
EBITDA5.31M6.47M6.21M6.81M8.02M10.13M18.54M31.44M39.95M68.72M73.41M95.26M88.31M119.09M
EBITDA Margin23.24%25.17%25.28%16.30%16.43%17.71%22.08%27.92%23.67%33.83%27.80%24.70%19.29%23.26%
Net Income3.77M4.26M4.03M4.10M5.11M4.85M14.09M23.77M29.99M52.14M54.26M71.04M65.11M87.86M
Net Income Margin16.49%16.58%16.43%9.80%10.46%8.47%16.78%21.11%17.77%25.67%20.55%18.42%14.22%17.16%
R&D---0000-------
R&D as % of Total Revenue---0.00%0.00%0.00%0.00%-------
Interest Expense--04.47M5.83M7.23M13.97M23.27M22.11M16.55M36.54M138.20M187.38M191.85M
Interest Expense % of Total Revenue--0.00%10.69%11.93%12.63%16.63%20.66%13.10%8.15%13.84%35.84%40.94%37.48%

Balance Sheet

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets681.06M684.18M684.50M1.08B1.11B1.32B2.09B2.27B4.16B4.73B5.99B6.58B7.86B8.21B
Total Liabilities610.05M612.26M605.66M963.64M992.28M1.14B1.83B1.99B3.75B4.29B5.41B5.94B7.06B7.32B
Total Equity71.15M71.92M78.84M112.45M113.56M179.94M260.06M285.10M409.96M433.37M580.48M644.26M799.47M896.88M
Cash10.76M19.27M26.83M43.41M42.17M107.59M96.07M89.37M149.13M68.38M152.74M226.11M319.10M411.18M
Total Debt40.00M15.00M15.00M47.06M53.65M80.50M92.23M185.99M105.99M187.59M560.12M635.07M483.26M551.35M
Net Debt29.24M-4.27M-11.83M3.66M11.47M-27.09M-3.84M96.62M-43.14M119.22M407.38M408.96M164.16M140.18M

Cash Flow

Currency: USD2012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow9.21M8.22M6.89M3.40M8.15M7.97M19.28M24.42M29.34M56.44M69.58M92.43M61.40M92.08M
Investing Cash Flow-40.55M-11.87M15.97M-14.12M-33.34M-153.44M-170.32M-192.29M-475.30M-675.35M-700.52M-521.14M-294.91M-281.53M
Financing Cash Flow24.76M2.97M-6.92M25.62M26.45M210.89M139.52M161.17M505.72M538.15M715.31M502.08M326.50M281.52M
Capital Expenditure1.47M328.00K218.00K962.00K1.39M505.00K919.00K3.96M2.97M3.97M7.78M11.65M1.56M66.00K
Free Cash Flow7.75M7.89M6.67M2.44M6.76M7.46M18.36M20.46M26.37M52.47M61.80M80.78M59.84M92.08M
Dividends Paid--1.06M1.06M1.06M1.79M3.28M5.05M7.52M9.44M12.17M18.06M20.26M22.25M
FCF to OCF84.07%96.01%96.84%71.69%82.94%93.66%95.23%83.79%89.88%92.96%88.82%87.40%97.46%100.00%
Dividend Paid to FCF--15.82%43.35%15.62%24.01%17.87%24.70%28.52%17.98%19.70%22.35%33.86%24.16%

Earnings

Report DateMay 12, 2017Aug 9, 2017Nov 9, 2017Mar 23, 2018Apr 27, 2018Jul 24, 2018Oct 22, 2018Jan 29, 2019Apr 23, 2019Jul 24, 2019Oct 23, 2019Jan 22, 2020Apr 28, 2020Jul 29, 2020Oct 22, 2020Jan 25, 2021Apr 22, 2021Jul 26, 2021Oct 21, 2021Jan 25, 2022Apr 26, 2022Jul 26, 2022Oct 26, 2022Jan 25, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Jan 23, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Jan 23, 2025Apr 24, 2025Jul 28, 2025Oct 23, 2025Jan 22, 2026Apr 27, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate0.000.000.000.000.340.360.370.390.400.440.460.470.400.300.410.500.580.550.480.510.510.570.710.600.530.520.610.600.570.510.570.490.610.640.670.710.690.710.74
EPS Actual0.270.280.230.070.340.370.370.380.410.480.460.450.370.410.530.680.610.900.530.570.490.640.720.660.550.700.710.660.500.640.680.660.650.660.720.790.730.71-
Surprise----0.00%2.78%0.00%-2.56%2.50%9.09%0.00%-4.26%-7.50%36.67%29.27%36.00%5.17%63.64%10.42%11.76%-3.92%12.28%1.41%10.00%3.77%34.62%16.39%10.00%-12.28%25.49%19.30%34.69%6.56%3.13%7.46%11.27%5.80%0.00%-
Timing---After-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.00B
Enterprise Value991.31M
Trailing P/E10.90
Forward P/E9.68
Price / Sales3.01
Price / Book1.06
EPS2.83
Book Value28.79
Revenue (TTM)334.00M
Gross Profit (TTM)334.00M
Profit Margin27.83%
Operating Margin34.63%
Return on Equity10.01%
Return on Assets1.10%
Shares Outstanding32.55M
Shares Float30.92M
Beta0.77
Dividend Yield1.96%
Dividend Rate0.60
Payout Ratio20.34%

Analyst Ratings

Strong Buy
Based on 5 analystsTarget 34.90
  • Strong Buy
    4
  • Buy
    1

Ownership Breakdown

Institutions
58.94%
Insiders
4.63%
Retail / Other
36.43%

Top Institutional Holders

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    1.43M4.40%
  • Dimensional Fund Advisors, Inc.
    1.31M4.03%
  • American Century Companies Inc
    1.03M3.15%
  • HHG PLC
    989.69K3.04%
  • Royce & Associates, LP
    836.10K2.57%
  • Geode Capital Management, LLC
    810.00K2.49%
  • State Street Corp
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  • Bank of New York Mellon Corp
    441.85K1.36%
  • Manufacturers Life Insurance Co
    434.93K1.34%
  • Northern Trust Corp
    296.09K0.91%
  • Mendon Capital Advisors Corp
    293.89K0.90%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    989.96K3.04%
  • Avantis US Small Cap Value ETF
    932.09K2.86%
  • iShares Russell 2000 ETF
    852.96K2.62%
  • Janus Henderson Small Cap Value L
    823.66K2.53%
  • Fidelity Small Cap Index
    343.01K1.05%
  • FTGF RY US SmCp Opp A USD Dis(A)
    308.66K0.95%
  • iShares Russell 2000 Value ETF
    299.13K0.92%
  • Royce Small-Cap Opportunity Invmt
    286.80K0.88%

Dividends

20264×
0.15Nov 13, 20260.15Aug 14, 20260.15May 15, 20260.15Feb 13, 2026
20254×
0.15Nov 14, 20250.14Aug 15, 20250.14May 15, 20250.14Feb 14, 2025
20244×
0.14Nov 15, 20240.14Aug 15, 20240.14May 14, 20240.14Feb 14, 2024
20234×
0.14Nov 14, 20230.12Aug 14, 20230.12May 12, 20230.12Feb 14, 2023
20224×
0.12Nov 14, 20220.12Aug 12, 20220.12May 12, 20220.12Feb 14, 2022
20214×
0.12Nov 12, 20210.12Aug 12, 20210.12May 13, 20210.10Feb 11, 2021