secwatch.observer — SEC 8-K summary
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Issuer:     Business First Bancshares, Inc. (BFST)
CIK:        0001624322
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001624322-24-000017
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BFST Q3 net income $16.5M ($0.65 EPS); closes Oakwood acquisition; declares $0.14 common dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624322/000162432224000017/0001624322-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624322/000162432224000017/bfst-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001624322-24-000017

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