---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-009742"
form_type: "8-K"
ticker: "BFST"
cik: "0001624322"
company_name: "Business First Bancshares, Inc."
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:40:39.350574+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Business First Q1 net income $8.7M ($0.41 EPS) down from Q4; completes Texas Citizens acquisition

## Summary
- Net income $8.7M ($0.41 diluted EPS) vs $12.1M ($0.59) in Q4 2021; core EPS $0.49.
- Completed Texas Citizens acquisition on March 1, adding $534M assets, $349M loans, $477M deposits.
- Total loans $3.7B, up 17.5% QoQ; organic loan growth annualized 25.7% excluding PPP and Texas Citizens.
- NIM stable at 3.51% (3.43% non-GAAP); credit quality improved: NPL ratio 0.29% vs 0.41%.
- Dividend $0.12/share declared, same as prior quarter; payable May 31 to holders of record May 15.

## SEC filing metadata
- accession: 0001437749-22-009742
- form_type: 8-K
- ticker: BFST
- cik: 0001624322
- company_name: Business First Bancshares, Inc.
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624322/000143774922009742/0001437749-22-009742-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624322/000143774922009742/bfbi20220425_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-009742
- JSON: https://secwatch.observer/filing/0001437749-22-009742.json
- Plain text: https://secwatch.observer/filing/0001437749-22-009742.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.