Full text
Earnings transcript
Read the complete earnings call transcript.
BFST
Business First Bancshares, Inc.
$27.53
0.14
(0.51%)
| Exchange: | NASDAQ |
| Market Cap: | 900.517M |
| Shares Outstanding: | 5.546M |
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Regional | |||||
| CEO: | David R. Melville | |||||
| Full Time Employees: | 849 | |||||
| Address: |
| |||||
| Website: | https://www.b1bank.com |
Business First Bancshares, Inc. operates as the bank holding company for b1BANK that provides various banking products and services. It offers various deposit products and services, including checking, demand, money market, time, and savings accounts; and certificates of deposits, remote deposit capture, and direct deposit services. The company also provides commercial and industrial loans, such as commercial lines of credit, letters of credit, working capital, term, equipment financing, asset acquisition, expansion and development, borrowing base, and other loan products; construction and development loans; commercial real estate loans; residential real estate loans comprising first and second lien 1-4 family mortgage loans, and home equity lines of credit; and consumer loans, including secured and unsecured installment and term loans. In addition, it offers wealth management products, including mutual funds, annuities, individual retirement accounts, and other financial products, as well as other fiduciary services and private banking products and services. Further, the company provides a range of other financial services comprising debit and credit cards, treasury and cash management, merchant, automated clearing house, lock-box, receivables factoring, correspondent banking, and other treasury services, as well as employee and payroll benefits solutions; and drive-through banking facilities, automated teller machines, night depository, personalized checks, electronic funds transfer, domestic and foreign wire transfer, traveler’s checks, vault, loan and deposit sweep accounts, online and mobile banking, e-statements, and bank-by-mail services. As of March 01, 2022, it operates approximately 48 full-service banking centers and three loan production offices across Louisiana, and in the Dallas and Houston markets. Business First Bancshares, Inc. was incorporated in 2006 and is headquartered in Baton Rouge, Louisiana.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 385,620 | 457,749 | 511,925 |
| Gross Profit | 242,939 | 259,495 | 311,857 |
| EBITDA | 95,256 | 88,308 | 119,087 |
| Operating Income | 90,586 | 83,094 | 113,407 |
| Net Income | 71,043 | 65,107 | 87,861 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 6,584,550 | 7,857,090 | 8,214,740 |
| Total Liabilities | 5,940,291 | 7,057,624 | 7,317,857 |
| Total Stockholders Equity | 644,259 | 799,466 | 896,883 |
| Total Debt | 635,073 | 483,256 | 551,352 |
| Cash and Cash Equivalents | 226,110 | 319,098 | 411,175 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 92,427 | 61,402 | 92,083 |
| Capital Expenditure | -11,648 | -1,562 | 0 |
| Free Cash Flow | 80,779 | 59,840 | 92,083 |
| Net Income | 71,043 | 65,107 | 87,861 |
| Net Change in Cash | 73,370 | 92,988 | -3,151 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2027 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 390,922.496 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 399,870.723 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 395,401.700 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 100,771.224 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 103,077.880 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 101,925.864 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 95,890 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 99,135.326 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 97,512.663 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 113,319.221 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 115,913.101 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 114,617.637 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 3.280 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 3.340 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 3.230 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 4 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Solid Financial Performance: Business First Bancshares reported strong third-quarter results for 2025, with key financial metrics such as revenue, net income, and operating income showing positive trends as highlighted in the Q3 2025 earnings call summary. This indicates effective operational management and profitability.
- Positive Free Cash Flow: Analysis of cash flow statements reveals consistent free cash flow generation, supported by robust operating cash flow figures. This financial stability provides flexibility for reinvestment or debt management.
- Strategic Growth Initiatives: The earnings call emphasized successful integration of recent acquisitions and operational improvements, positioning the company for sustained growth within its sector.
- Competitive Valuation Metrics: Current price-to-earnings (P/E) ratio and forward P/E estimates suggest BFST is reasonably valued compared to industry averages, as per the forward P/E ratios and industry data, potentially attracting value-focused investors.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates BFST intrinsic value between $28.70 – $34.61 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about BFST valuation
Is Business First Bancshares, Inc. (BFST) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Business First Bancshares, Inc. (BFST) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is BFST a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether BFST trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is BFST’s P/E ratio?
You can see BFST’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for BFST?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is BFST a good long-term investment?
Whether BFST fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
BFST
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.51
Trading Metrics:
| Open: | 27.1 | Previous Close: | 27.39 | |
| Day Low: | 26.88 | Day High: | 27.56 | |
| Year Low: | 20.07 | Year High: | 30.32 | |
| Price Avg 50: | 27.68 | Price Avg 200: | 25.74 | |
| Volume: | 149536 | Average Volume: | 193388 |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeBFST full analysis
Welcome to MARKETSNAP’s SWOT analysis for Business First Bancshares, also known by its ticker BFST. If you’re a long-term investor looking to build wealth, you’re in the right place. Today, we’re diving deep into this regional banking player to uncover what makes it tick, what’s holding it back, and where it could be headed in the years to come. Let’s break it down with a quick overview, some recent developments, and then get into the meat of our SWOT analysis.…
Relevant news
