Business First Bancshares Inc (BFST)

Name: Business First Bancshares Inc Financial Statements
Creator: Quarter Results

Financial Services | Banks Regional

Latest reporting period: 2025-03-31

Latest Quarter

2025-03-31

Revenue

$126M

Net Income

$20.5M

Operating Margin

20.6%

Free Cash Flow

$92.1M

Debt / Assets

89.1%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Business First Bancshares Inc (BFST).
Income Statement (Quarterly)	2025-03-31	2024-12-31	2024-09-30	2024-06-30
Revenue	125,538,000	127,813,000	113,179,000	111,654,000
Cost of Revenue	50,522,000	57,125,000	48,292,000	47,171,000
Gross Profit	75,016,000	70,688,000	64,887,000	64,483,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	32,251,000	29,537,000	27,066,000	27,631,000
Operating Expenses	49,197,000	49,384,000	42,114,000	42,718,000
Operating Income	25,819,000	21,301,000	22,773,000	21,765,000
Interest Expense	47,710,000	50,413,000	46,627,000	45,861,000
Income Before Tax	25,819,000	21,304,000	22,773,000	21,765,000
Income Tax Expense	5,276,000	4,816,000	4,930,000	4,559,000
Net Income	20,543,000	16,488,000	17,843,000	17,206,000
Per Share
EPS	0.65	0.52	0.65	0.63
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Business First Bancshares Inc (BFST).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	511,925,000	457,749,000	385,620,000	227,540,000	186,559,000
Cost of Revenue	200,068,000	198,254,000	142,681,000	0	0
Gross Profit	311,857,000	259,495,000	242,939,000	227,540,000	186,559,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	130,832,000	111,905,000	98,346,000	92,997,000	82,133,000
Operating Expenses	198,450,000	176,444,000	152,353,000	-124,446,000	0
Operating Income	113,407,000	83,094,000	90,586,000	103,094,000	0
Interest Expense	191,848,000	187,381,000	138,198,000	36,537,000	16,554,000
Income Before Tax	110,309,000	83,051,000	90,586,000	68,592,000	64,558,000
Income Tax Expense	22,448,000	17,944,000	19,543,000	14,337,000	12,422,000
Net Income	87,861,000	65,107,000	71,043,000	54,255,000	52,136,000
Per Share
EPS	2.79	2.27	2.62	2.34	2.87
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Business First Bancshares Inc (BFST).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	411,175,000	319,098,000	226,110,000	152,740,000
Short Term Investments	590,929,000	28,658,000	879,571,000	890,751,000
Net Receivables	38,494,000	35,872,000	29,916,000	25,666,000
Inventory	0	0	-4,756,177,000	-195,384,000
Total Current Assets	1,040,598,000	383,628,000	408,845,000	1,069,157,000
Property Plant Equipment	73,982,000	81,953,000	69,480,000	63,177,000
Goodwill and Intangibles	135,643,000	138,824,000	100,286,000	102,585,000
Total Assets	8,214,740,000	7,857,090,000	6,595,916,000	5,990,460,000
Liabilities
Account Payables	4,166,000	5,969,000	14,841,000	2,092,000
Short Term Debt	278,822,000	22,621,000	323,314,000	9,000
Total Current Liabilities	6,981,578,000	6,539,921,000	5,089,341,000	2,101,000
Long Term Debt	272,530,000	460,635,000	316,188,000	525,849,000
Total Liabilities	7,317,857,000	7,057,624,000	5,951,657,000	5,409,979,000
Shareholders Equity
Retained Earnings	326,574,000	260,958,000	216,115,000	163,955,000
Total Shareholders Equity	896,883,000	799,466,000	644,259,000	580,481,000

Balance sheet annual history for Business First Bancshares Inc (BFST).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	411,175,000	319,098,000	226,110,000	152,740,000	68,375,000
Short Term Investments	590,929,000	28,658,000	879,571,000	890,751,000	1,021,061,000
Net Receivables	38,494,000	35,872,000	29,916,000	25,666,000	19,597,000
Inventory	0	0	-4,756,177,000	-195,384,000	0
Total Current Assets	1,040,598,000	383,628,000	408,845,000	1,069,157,000	3,558,446,000
Property Plant Equipment	73,982,000	81,953,000	69,480,000	63,177,000	58,155,000
Goodwill and Intangibles	135,643,000	138,824,000	100,286,000	102,585,000	72,097,000
Total Assets	8,214,740,000	7,857,090,000	6,595,916,000	5,990,460,000	4,726,378,000
Liabilities
Account Payables	4,166,000	5,969,000	14,841,000	2,092,000	1,354,000
Short Term Debt	278,822,000	22,621,000	323,314,000	9,000	20,000
Total Current Liabilities	6,981,578,000	6,539,921,000	5,089,341,000	2,101,000	1,374,000
Long Term Debt	272,530,000	460,635,000	316,188,000	525,849,000	168,449,000
Total Liabilities	7,317,857,000	7,057,624,000	5,951,657,000	5,409,979,000	4,293,010,000
Shareholders Equity
Retained Earnings	326,574,000	260,958,000	216,115,000	163,955,000	121,874,000
Total Shareholders Equity	896,883,000	799,466,000	644,259,000	580,481,000	433,368,000

Cash flow quarterly history for Business First Bancshares Inc (BFST).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	87,861,000	65,107,000	71,043,000	54,255,000
Depreciation & Amortization	5,680,000	5,257,000	6,767,000	4,818,000
Stock Based Compensation	5,821,000	2,999,000	3,999,000	3,696,000
Change in Working Capital	-8,571,000	-13,959,000	18,259,000	2,977,000
Operating Cash Flow	92,083,000	61,402,000	92,427,000	69,577,000
Investing Activities
Capital Expenditure	-66,000	-1,562,000	-13,921,000	-7,781,000
Investments	0	-1,562,000	-13,921,000	-7,781,000
Investing Cash Flow	-281,526,000	-294,913,000	-521,140,999	-700,521,000
Financing Activities
Debt Repayment	68,956,000	-177,512,000	-76,818,000	-11,000
Common Stock Issued/Repurchased	-3,731,000	-31,000	0	48,492,000
Dividends Paid	-22,245,000	-20,264,000	-18,056,000	-12,174,000
Financing Cash Flow	281,520,000	326,499,000	502,084,000	715,309,000
Summary
Free Cash Flow	92,083,000	59,840,000	78,506,000	61,796,000
Net Change in Cash	92,077,000	92,988,000	73,370,000	84,365,000

Cash flow annual history for Business First Bancshares Inc (BFST).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	87,861,000	65,107,000	71,043,000	54,255,000	52,136,000
Depreciation & Amortization	5,680,000	5,257,000	6,767,000	4,818,000	4,163,000
Stock Based Compensation	5,821,000	2,999,000	3,999,000	3,696,000	2,861,000
Change in Working Capital	-8,571,000	-13,959,000	18,259,000	2,977,000	3,430,013,000
Operating Cash Flow	92,083,000	61,402,000	92,427,000	69,577,000	56,443,000
Investing Activities
Capital Expenditure	-66,000	-1,562,000	-13,921,000	-7,781,000	0
Investments	0	-1,562,000	-13,921,000	-7,781,000	0
Investing Cash Flow	-281,526,000	-294,913,000	-521,140,999	-700,521,000	-675,354,000
Financing Activities
Debt Repayment	68,956,000	-177,512,000	-76,818,000	-11,000	0
Common Stock Issued/Repurchased	-3,731,000	-31,000	0	48,492,000	0
Dividends Paid	-22,245,000	-20,264,000	-18,056,000	-12,174,000	0
Financing Cash Flow	281,520,000	326,499,000	502,084,000	715,309,000	0
Summary
Free Cash Flow	92,083,000	59,840,000	78,506,000	61,796,000	56,443,000
Net Change in Cash	92,077,000	92,988,000	73,370,000	84,365,000	-1,396,000