---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-001764"
form_type: "8-K"
ticker: "BFST"
cik: "0001624322"
company_name: "Business First Bancshares, Inc."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:31:51.440104+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Business First Bancshares Q4 net income $16.6M ($0.67/sh); loans grow 15.8% annualized

## Summary
- Q4 2022 net income available to common shareholders $16.6M ($0.67 diluted EPS); core net income $16.4M ($0.66).
- FY2022 net income available to common shareholders $52.9M ($2.32 diluted EPS); core net income $57.6M ($2.52).
- Loans held for investment $4.6B, up $176.3M (15.8% annualized) from prior quarter; 44.1% of growth from Dallas-Fort Worth.
- Net interest margin (GAAP) 4.06%, core NIM (ex-accretion) 3.75%; book value per share $20.25, tangible book $16.17.
- Declared common dividend $0.12/share (unchanged) and preferred dividend $18.75/share; paid Feb 28, 2023.

## SEC filing metadata
- accession: 0001437749-23-001764
- form_type: 8-K
- ticker: BFST
- cik: 0001624322
- company_name: Business First Bancshares, Inc.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1624322/000143774923001764/0001437749-23-001764-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1624322/000143774923001764/bfbi20230123_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-001764
- JSON: https://secwatch.observer/filing/0001437749-23-001764.json
- Plain text: https://secwatch.observer/filing/0001437749-23-001764.txt

## Key facts
- Earnings Releases
  Business First Bancshares, Inc. reported the quarter ended December 31, 2022 results: net income $16.6 million, EPS $0.67 per diluted common share.
  - Period: the quarter ended December 31, 2022
  - Net income: $16.6 million
  - EPS: $0.67 per diluted common share
  - Result: reported results
  source text: For the quarter ended December 31, 2022, Business First reported net income available to common shareholders of $16.6 million, or $0.67 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624322/000143774923001764/0001437749-23-001764-index.htm
- Earnings Releases
  Business First Bancshares, Inc. reported the year ended December 31, 2022 results: net income $52.9 million, EPS $2.32 per diluted common share.
  - Period: the year ended December 31, 2022
  - Net income: $52.9 million
  - EPS: $2.32 per diluted common share
  - Result: reported results
  source text: Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the year ended December 31, 2022, including net income available to common shareholders of $52.9 million, or $2.32 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1624322/000143774923001764/0001437749-23-001764-index.htm

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