earnings
confidence high
sentiment positive
materiality 0.75
Business First Q2 net income $13.8M ($0.61 EPS), up from $8.7M Q1; loans grow 9.7% QoQ
Business First Bancshares, Inc.
2022-Q2 EPS reported
$1.03
revenue$3,891,000
- Net income $13.8M ($0.61 diluted EPS) vs $8.7M ($0.41) Q1 2022; core EPS $0.64.
- Net interest margin expanded to 3.98% from 3.51% QoQ; net interest income $49.6M.
- Loans held for investment grew $365.2M (9.74%) to $4.1B; led by Dallas, New Orleans, north Louisiana.
- Dividends declared $0.12/share, unchanged, payable Aug 31 to holders of record Aug 15.
- NPL ratio rose to 0.42% due to one $6.3M loan repaid in July; credit otherwise stable.