Highest-materiality recent filing
Business First Bancshares shareholders elect 16 directors, approve advisory pay vote, ratify auditor
All 16 director nominees elected; George W. Cummings III received 12.1M for vs 6.2M against.
Net income available to common shareholders of $22.2M ($0.68 diluted EPS); core net income $24.0M ($0.73 diluted EPS) (non-GAAP).
Business First Bancshares issues $85M subordinated notes due 2036 at 6.50% fixed rate
Sold $85M aggregate principal of 6.50% fixed-to-floating rate subordinated notes due 2036.
Business First Bancshares CAO Scott Padurean resigns effective March 6, 2026
Scott Padurean notified company of resignation as SVP and Chief Accounting Officer on Feb. 19, 2026.
BFST Q4 net income $21M ($0.71), FY net income $82.5M ($2.79); common dividend $0.15
Q4 net income $21.0M ($0.71 diluted EPS); core EPS $0.79. FY net income $82.5M ($2.79) up 38% YoY.
Business First Bancshares Q4 net income $21M, FY2025 EPS $2.79; dividend $0.15
Q4 GAAP net income $21.0M ($0.71 diluted EPS); core net income $23.5M ($0.79).
Business First Bancshares completes acquisition of Progressive Bancorp
Closed Jan 1, 2026; Progressive shareholders received ~3.2M BFST shares (6.63x exchange ratio).
CEO Melville's new agreement provides base salary of at least $827,500, initial 5-year term with auto-renewal.
Business First Bancshares authorizes $30M stock repurchase program through Oct. 2027
Board approved repurchase of up to $30M in common stock over 24 months, effective Oct. 28, 2025.
Business First Q3 net income $21.5M ($0.73 EPS); dividend raised to $0.15
Net income available to common shareholders of $21.5M, or $0.73 diluted EPS; core net income $21.2M ($0.72).
BFST Q2 net income $20.8M ($0.70/sh), up QoQ; common dividend $0.14
Net income available to common $20.8M ($0.70 diluted EPS), up $1.6M and $0.05 from linked quarter.
Business First Bancshares to acquire Progressive Bancorp in stock deal valued ~$82.6M
BFST to issue ~3.05M shares for Progressive at fixed exchange ratio of 6.63 BFST shares per Progressive share.
Business First Bancshares reports shareholder vote results from 2025 annual meeting
All 16 director nominees elected with substantial majority votes; broker non-votes of 5,165,400 on each.
Business First Bancshares Q1 2025 EPS $0.65, NIM expands 7 bps; NPL ratio rises to 0.69%
Net income available to common shareholders $19.2M ($0.65 diluted EPS), up from $15.1M linked quarter.
Business First Bancshares appoints Alejandro M. Sanchez as independent director
Appointed March 27, 2025; independent under Nasdaq rules; no family relationships or material transactions.
Business First Q4 net income $15.1M, FY net income $59.7M; Oakwood acquisition adds scale
Q4 net income available to common $15.1M ($0.51 diluted EPS); core net income $19.5M ($0.66 diluted EPS).
CEO Melville and President Vascocu receive transitional RSU/PSU grants, elect 100% deferral
CEO Melville gets 14,966 RSUs (3-year vesting) and 14,966 PSUs (3-year performance period).
BFST Q3 net income $16.5M ($0.65 EPS); closes Oakwood acquisition; declares $0.14 common dividend
Q3 net income available to common shares: $16.5M, $0.65 diluted EPS; core EPS $0.68.
b1BANK appoints Jerry Vascocu as President; Jude Melville remains Chairman and CEO
Jerry Vascocu promoted from EVP/Chief Administrative Officer to President of b1BANK effective Oct 16, 2024.
BFST closes Oakwood Bancshares acquisition; issues ~3.9M shares; combined assets $7.6B
Acquisition effective Oct. 1, 2024; each Oakwood share exchanged for 0.5112 BFST shares.
BFST receives all regulatory approvals for Oakwood Bancshares merger; completion expected Oct 1
Regulatory approvals obtained from Fed, FDIC, Louisiana OFI, Texas Banking Dept.
Zeenat Sidi appointed director of Business First Bancshares and b1BANK, and to audit committee.
Business First Bancshares Q2 net income $15.9M, EPS $0.62; NIM expands to 3.45%
Net income available to common $15.9M ($0.62 diluted); core EPS $0.64, up $0.14 QoQ.
Business First Bancshares shareholders elect all 16 directors, approve compensation and equity plan
All 16 director nominees elected; votes ranged from 13.2M to 14.0M for, 0.3M to 1.1M against.
Business First Bancshares acquires Oakwood Bancshares in $85.7M stock deal; Q1 EPS $0.48
All-stock merger valued at $85.7M; Oakwood shareholders receive 0.5112 BFST shares per Oakwood share.
On March 27, 2025, the boards of directors of Business First Bancshares, Inc. (“Business First”) and b1BANK appointed Alejandro M. Sanchez to serve as a director of each of Business First and b1BANK.
appointed Mr. William G. Hall to the BFST Board.
Max materiality 0.80 · Median 0.65 · Most common event earnings