CoverageForm 410-K10-Q8-K13D13G13F

BFST · Business First Bancshares, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · BFST

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue------
Cost of Revenue------
Gross Profit------
R&D------
SG&A------
Total Operating Expenses------
D&A$5.68M$5.26M$4.67M$4.82M$4.16M$3.16M
Operating Income$110.31M$83.05M$90.59M$68.59M$64.56M$36.78M
Interest Expense--$138.20M$36.54M$16.55M$22.11M
Income Tax$22.45M$17.94M$19.54M$14.34M$12.42M$6.79M
Net Income$87.86M$65.11M$71.04M$54.26M$52.14M$29.99M
EPS - Basic$2.81$2.27$2.62$2.34$2.54$1.65
EPS - Diluted$2.79$2.26$2.59$2.32$2.53$1.64

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$411.18M$319.10M$226.11M$152.74M$68.38M$149.13M
Accounts Receivable------
Inventory------
Accounts Payable------
Current Assets------
Total Assets$8.21B$7.86B$6.58B$5.99B$4.73B$4.16B
Current Liabilities------
Long-term Debt------
Total Liabilities$7.32B$7.06B$5.94B$5.41B$4.29B$3.75B
Stockholders' Equity$896.88M$799.47M$644.26M$580.48M$433.37M$409.96M
Retained Earnings$326.57M$260.96M$216.12M$163.96M$121.87M$79.17M

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$92.08M$61.40M$92.43M$69.58M$56.44M$29.34M
Investing Cash Flow($281.53M)($294.91M)($521.14M)($700.52M)($675.35M)($475.30M)
Financing Cash Flow$281.52M$326.50M$502.08M$715.31M$538.15M$505.72M
CapEx$66.0K$1.56M$11.65M$7.78M$3.97M$2.97M
Free Cash Flow$92.02M$59.84M$80.78M$61.80M$52.47M$26.37M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin------
Operating margin------
EBITDA margin------
Net margin------
Free cash flow margin------
FCF / Net income1.050.921.141.141.010.88
R&D / Revenue------
SG&A / Revenue------
Effective tax rate20.4%21.6%21.6%20.9%19.2%18.5%
Return on assets1.1%0.8%1.1%0.9%1.1%0.7%
Return on equity9.8%8.1%11.0%9.3%12.0%7.3%
Return on invested capital------
Liquidity
Current ratio------
Quick ratio------
Cash ratio------
Leverage
Debt / Equity------
Debt / Assets------
Debt / EBITDA------
Interest coverage--0.7x1.9x3.9x1.7x
Equity multiplier9.169.8310.2210.3210.9110.15
Liabilities / Assets0.890.900.900.900.910.90
Efficiency
Asset turnover------
Inventory turnover------
Days sales outstanding------
Days inventory outstanding------
Days payable outstanding------
Cash conversion cycle------
Valuation
P / E9.4x11.4x9.5x9.5x11.2x12.4x
P / B0.9x0.9x1.0x0.9x1.3x0.9x
P / S------
EV / EBITDA3.1x4.1x4.2x4.8x7.5x5.6x
Growth
Revenue growth (YoY)------
Revenue CAGR (3y)------
Revenue CAGR (5y)------
Gross profit growth (YoY)------
Operating income growth (YoY)32.8%-8.3%32.1%6.2%75.5%23.2%
Net income growth (YoY)34.9%-8.4%30.9%4.1%73.8%26.2%
EPS growth (YoY)23.5%-12.7%11.6%-8.3%54.3%-5.7%
EPS CAGR (3y)6.3%-3.7%16.5%10.1%27.5%39.1%
EPS CAGR (5y)11.2%5.4%16.2%30.6%29.3%13.5%
FCF growth (YoY)53.8%-25.9%30.7%17.8%99.0%28.9%
FCF CAGR (5y)28.4%23.9%34.5%51.9%50.7%53.6%
Book value growth (YoY)12.2%24.1%11.0%33.9%5.7%43.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9
Neutral
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • -Current ratio improved
  • No share dilution
  • -Gross margin improved
  • -Asset turnover improved

Peer comparison

Same SIC group: State Commercial Banks

CompanyRevenue (last FY)Net marginROE
ASB--9.5%
CZNC$5.98M392.0%6.9%
SBSI--8.2%
CBSH--14.9%
BUSE$719.58M18.8%5.5%

Comparing Business First Bancshares against the 5 most active filers in the same SIC group.

Dividends

$0.59/share trailing 12 months · +5.4% YoY

Ex-datePer share
May 15, 2026$0.1500
Feb 13, 2026$0.1500
Nov 14, 2025$0.1500
Aug 15, 2025$0.1400
May 15, 2025$0.1400
Feb 14, 2025$0.1400
Nov 15, 2024$0.1400
Aug 15, 2024$0.1400
May 14, 2024$0.1400
Feb 14, 2024$0.1400
Nov 14, 2023$0.1400
Aug 14, 2023$0.1200
May 12, 2023$0.1200
Feb 14, 2023$0.1200
Nov 14, 2022$0.1200
Aug 12, 2022$0.1200
May 12, 2022$0.1200
Feb 14, 2022$0.1200
Nov 12, 2021$0.1200
Aug 12, 2021$0.1200
May 13, 2021$0.1200
Feb 11, 2021$0.1000
Nov 12, 2020$0.1000
Aug 13, 2020$0.1000