{"schema_version":"secwatch.filing_event.v1","accession":"0001624322-26-000024","form_type":"8-K","ticker":"BFST","cik":"0001624322","company_name":"Business First Bancshares, Inc.","filed_at":"2026-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.606658+00:00","generated_at":"2026-05-15T03:52:20.865507+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Business First Q1 net income $22.2M ($0.68 EPS); closes Progressive acquisition; declares $0.15 dividend","bullets":["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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001624322-26-000024","json":"https://secwatch.observer/filing/0001624322-26-000024.json","markdown":"https://secwatch.observer/filing/0001624322-26-000024.md","text":"https://secwatch.observer/filing/0001624322-26-000024.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1624322/000162432226000024/0001624322-26-000024-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1624322/000162432226000024/bfst-20260427.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T03:52:20.865507+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8e40247887f9e89b518d6f80551af7f1c82e923d","claim":"Business First Bancshares, Inc. reported the quarter ended March 31, 2026 results: net income $22.2 million, EPS $0.68 per diluted common share.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1624322/000162432226000024/0001624322-26-000024-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2026"},{"label":"Net income","value":"$22.2 million"},{"label":"EPS","value":"$0.68 per diluted common share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}