---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-024045"
form_type: "8-K"
ticker: "BFST"
cik: "0001624322"
company_name: "Business First Bancshares, Inc."
filed_at: "2022-10-12T23:59:59+00:00"
generated_at: "2026-06-23T04:06:27.672893+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Business First Bancshares announces $46.75M common stock offering at $20/share

## Summary
- Underwritten public offering of 2.5M shares at $20.00 per share; net proceeds ~$46.75M.
- Use of proceeds: general corporate, capital, organic growth, acquisitions, subordinated debt redemption.
- Expected close on or about October 17, 2022; Stephens Inc. sole book-runner.
- Preliminary Q3 2022 results: total assets $5.81B, gross loans $4.43B, net interest margin 4.05%.
- Core pre-tax, provision earnings for Q3 2022 were $23.9M vs $20.6M GAAP pre-tax pre-provision earnings.

## SEC filing metadata
- accession: 0001437749-22-024045
- form_type: 8-K
- ticker: BFST
- cik: 0001624322
- company_name: Business First Bancshares, Inc.
- filed_at: 2022-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624322/000143774922024045/0001437749-22-024045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624322/000143774922024045/bfbi20221011_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-024045
- JSON: https://secwatch.observer/filing/0001437749-22-024045.json
- Plain text: https://secwatch.observer/filing/0001437749-22-024045.txt

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