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Business First Bancshares

BFST

Business First Bancshares, Inc. is a financial holding company that operates b1BANK, a community-based financial institution serving small-to-midsized businesses and high net worth individuals.

Market cap
$1.05B+47.1%
Revenue$345.1M+13.1%
Net income$91.6M+19.0%
EPS (diluted)$2.82+12.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$93.3M
EPS estimate$0.76

Financials

Q2 2026

Income statement

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Revenue$91.8M+12.7%
Net income$22.8M+3.2%
EPS (diluted)$0.700.0%

Balance sheet

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Cash & equivalents$575.6M+16.1%
Total equity$1.0B+18.9%
Total assets$8.9B+12.0%

Valuation & ratios

Valuation

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Market cap$1.05B+47.1%
P/E11.5×+1.9×
P/S+0.6×

Profitability

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Net margin26.5%+1.3pp

Returns & leverage

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Return on equity9.9%-0.3pp

Competitors

Profile

Business First Bancshares, Inc. is a financial holding company that operates b1BANK, a community-based financial institution serving small-to-midsized businesses and high net worth individuals. The company provides sophisticated commercial lending and treasury management services typically found at larger institutions, delivered through a relationship-driven community banking model. Its primary value proposition centers on empowering local bankers with decision-making authority to serve underserved business markets across the I-10 and I-20 corridors.

Competitive position

One of the largest Louisiana-based financial institutions, positioning itself as a sophisticated alternative to traditional community banks for mid-market business clients.

GeographiesLouisiana, Texas, Mississippi
Customer segmentsSmall-to-midsized businesses, High net worth individuals, Commercial real estate developers
Business modelInterest-based lending, Fee-for-service wealth management, Relationship banking
SuppliersFederal Reserve System, Federal Home Loan Bank of Dallas, Technology and core banking software providers, Depositors
CustomersSmall business owners, Commercial real estate investors, Manufacturing and industrial firms, Private banking clients
Listed2018
Employees770.0
CEODavid R. Melville
Websiteb1bank.com
FilingsSEC EDGAR

Questions, answered.

What is Business First Bancshares's market cap?
Business First Bancshares (BFST) has a market capitalization of $1.0B and trades on NASDAQ.
What is Business First Bancshares's revenue and profitability?
Business First Bancshares generated $345.1M in trailing twelve-month revenue with net income of $91.6M, representing a net margin of 26.5%. These figures are based on the Q2 2026 filing.
Who are Business First Bancshares's competitors?
Business First Bancshares's key competitors include FIRST GUARANTY BANCSHARES INC, Prosperity Bancshares, Inc., FVCBankcorp, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Business First Bancshares partner with?
Business First Bancshares's notable partners include Federal Home Loan Bank of Dallas, Nasdaq.
What subsidiaries does Business First Bancshares have?
Business First Bancshares's subsidiaries include b1BANK, Smith Shellnut Wilson, LLC, Waterstone LSP, LLC, and others.
Where is Business First Bancshares headquartered?
Business First Bancshares is headquartered in United States of America and employs approximately 770 people. It has been publicly traded since 2018.