Highest-materiality recent filing
Business First Bancshares' b1BANK Chief Banking Officer Philip Jordan resigns
Philip Jordan, b1BANK's EVP and Chief Banking Officer, resigned voluntarily effective Sep 9, 2026.
Business First Bancshares Q2 net income $22.8M ($0.70 EPS); NIM expands 8 bps to 3.73%
Net income available to common shareholders $22.8M ($0.70 diluted EPS), up from $22.2M linked quarter.
Net income available to common shareholders of $22.2M ($0.68 diluted EPS); core net income $24.0M ($0.73 diluted EPS) (non-GAAP).
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).
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 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 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).
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.
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.
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 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.
FY2023 net income available to common shareholders $65.6M, diluted EPS $2.59, up $12.7M from prior year.
Business First Bancshares Q3 net income $19.1M, EPS $0.76; raises common dividend to $0.14
Q3 net income available to common shareholders $19.1M ($0.76 diluted EPS), up 3.8% linked quarter and 38% YoY.
Business First Q2 2023 net income $18.4M, EPS $0.73; core EPS $0.70
GAAP EPS $0.73, up $0.19 QoQ and $0.12 YoY; core EPS $0.70, up $0.15 QoQ and $0.06 YoY.
BFST Q1 EPS $0.54; NIM compresses to 3.75%; loans grow 4.3%
Net income to common $13.7M ($0.54 diluted) vs $16.6M ($0.67) linked quarter; core EPS $0.55.
Business First Bancshares Q4 net income $16.6M ($0.67/sh); loans grow 15.8% annualized
Q4 2022 net income available to common shareholders $16.6M ($0.67 diluted EPS); core net income $16.4M ($0.66).
Business First Q3 net income $13.8M, EPS $0.61; core EPS rises to $0.72
Loans held for investment grew $316.2M (7.69% QoQ) to $4.4B; annualized 30.74%.
Business First Bancshares raises ~$46.8M in 2.5M share offering at $20/share
Issued 2,500,000 shares of Common Stock at $20.00 per share in underwritten public offering.
Business First Bancshares announces $46.75M common stock offering at $20/share
Underwritten public offering of 2.5M shares at $20.00 per share; net proceeds ~$46.75M.
Business First Bancshares raises $72M via preferred stock private placement
Raised $72.0M through self-managed private placement of 7.50% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A.
Business First Q2 net income $13.8M ($0.61 EPS), up from $8.7M Q1; loans grow 9.7% QoQ
Net income $13.8M ($0.61 diluted EPS) vs $8.7M ($0.41) Q1 2022; core EPS $0.64.
Business First Q1 net income $8.7M ($0.41 EPS) down from Q4; completes Texas Citizens acquisition
Net income $8.7M ($0.41 diluted EPS) vs $12.1M ($0.59) in Q4 2021; core EPS $0.49.
Business First Bancshares completes acquisition of Texas Citizens Bancorp, expanding to Houston
Deal closed March 1, 2022; TCBI shareholders received 0.7038 BFST shares per TCBI share, ~2.1M shares issued.
Business First Q4 net income $12.1M ($0.59 EPS); FY2021 net income $52.1M, dividend $0.12
FY2021 net income $52.1M ($2.53 diluted EPS) vs $30.0M ($1.64) in 2020; core EPS $2.61.
BFST to acquire Texas Citizens Bancorp for ~$52.9M in stock; Q3 EPS $0.50
Acquired TCBI for ~$52.9M in stock; TCBI shareholders receive 0.7038 BFST shares per TCBI share.
Business First Q2 net income $17.4M ($0.84 EPS); core EPS $0.90; loan growth ex-PPP 26% annualized
Q2 net income $17.4M ($0.84 diluted EPS) vs $12.3M ($0.59) in Q1; core net income $18.7M ($0.90).
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 0.85 · Median 0.65 · Most common event earnings