earnings
confidence high
sentiment positive
materiality 0.70
BFST Q3 net income $16.5M ($0.65 EPS); closes Oakwood acquisition; declares $0.14 common dividend
Business First Bancshares, Inc.
2024-Q3 EPS reported
$1.75
revenue$7,699,000
- Q3 net income available to common shares: $16.5M, $0.65 diluted EPS; core EPS $0.68.
- Net interest margin expanded to 3.51% (GAAP); loans held for investment up $57.3M (4.41% annualized).
- Deposits grew $77.3M (5.53% annualized); nonperforming loans ratio rose to 0.50% (up 7 bps).
- Closed acquisition of Oakwood Bancshares on Oct 1; Oakwood had $863.6M assets and $741.3M deposits as of Sep 30.
- Board declared $0.14/share common dividend and $18.75/share preferred dividend payable Nov 30 to record Nov 15.