Business First Q2 net income $17.4M ($0.84 EPS); core EPS $0.90; loan growth ex-PPP 26% annualized

Business First Bancshares, Inc.

2021-Q2 EPS reported $1.43 revenue$3,250,000

Q2 net income $17.4M ($0.84 diluted EPS) vs $12.3M ($0.59) in Q1; core net income $18.7M ($0.90).
Loans held for investment ex-PPP grew 6.52% (26.06% annualized), led by Dallas region.
Sold $243.6M SBA PPP loans, recording $9.2M pre-tax gain; remaining PPP balance $25.7M.
Dividend declared $0.12/share, unchanged, payable Aug 31 to holders of record Aug 15.
Repurchased 83,504 shares at avg $23.03 for $1.9M; tangible book value per share $17.24.

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