Business First Q1 net income $22.2M ($0.68 EPS); closes Progressive acquisition; declares $0.15 dividend

Business First Bancshares, Inc.

2026-Q1 EPS reported $0.68 revenue$3,142,000

Net income available to common shareholders of $22.2M ($0.68 diluted EPS); core net income $24.0M ($0.73 diluted EPS) (non-GAAP).
Closed Progressive Bancorp acquisition on Jan 1, 2026, adding ~$774M assets, $590M loans, $685M deposits, nine branches.
Common dividend declared $0.15/share, payable May 29 to holders May 15; preferred dividend $18.75/share.
Subsequent to quarter-end: issued $85M of 6.50% subordinated notes due 2036; used $66.9M to redeem existing sub debt.
Loans held for investment up $495M (8%) including Progressive; organic loans declined $103M (1.5%). NPL ratio 1.53% (up 29bps).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Business First Bancshares, Inc. reported the quarter ended March 31, 2026 results: net income $22.2 million, EPS $0.68 per diluted common share.

Period: the quarter ended March 31, 2026
Net income: $22.2 million
EPS: $0.68 per diluted common share
Result: reported results

Exact text from the filing

Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended March 31, 2026. Business First reported net income available to common shareholders of $22.2 million or $0.68 per diluted common share, an increase of $1.2 million and a decrease of $0.03, respectively, compared to the linked quarter.

View on SEC.gov

1447 earnings releases filed in the last 30 days. Browse all earnings releases →

Business First Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001624322-26-000024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.