Welcome to our dedicated page for Business First B news (Ticker: BFST), a resource for investors and traders seeking the latest updates and insights on Business First B stock.
Business First Bancshares Inc. (NASDAQ: BFST) provides comprehensive banking solutions through personal/commercial services, treasury management, and wealth advisory. This news hub offers investors and stakeholders timely updates on material developments affecting the Louisiana and Texas-focused financial institution.
Access curated press releases and analysis covering earnings reports, strategic partnerships, leadership changes, and regulatory filings. Our repository simplifies tracking of BFST's financial performance, merger & acquisition activity, and market positioning within regional banking sectors.
Key updates include quarterly results announcements, loan portfolio expansions, dividend declarations, and technology implementations. Bookmark this page for direct access to verified information supporting informed analysis of BFST's commercial lending growth, deposit trends, and risk management strategies.
Business First Bancshares, Inc. (NASDAQ: BFST) reported strong financial results for Q2 2024. Net income available to common shareholders reached $15.9 million or $0.62 per diluted common share, up $3.6 million and $0.14 respectively from Q1 2024. Core net income was $16.3 million or $0.64 per diluted common share. The company saw improvements in earnings, net interest margin, noninterest income, loan and deposit mix, and capital accretion.
Key highlights include:
- Net interest margin expansion to 3.45%
- Noninterest income increase of 29.73%
- Loan growth of 1.45% (5.85% annualized)
- Stable credit quality
- Announced acquisition of Oakwood Bancshares, Inc.
The board declared a quarterly preferred dividend of $18.75 per share and a common dividend of $0.14 per share, payable on August 31, 2024.
Business First Bancshares (Nasdaq: BFST), the parent company of b1BANK, announced the release date for its second quarter 2024 earnings. The earnings report will be made available after the market closes on Thursday, July 25, 2024. This will be followed by a conference call and webcast at 4:00 p.m. CST on the same day. Participants can join the call by dialing 1-800-715-9871 with the conference ID 9962250, or access the live webcast via their website. A corresponding slide presentation will also be available on the b1BANK website.
FAQ
What is the current stock price of Business First B (BFST)?
What is the market cap of Business First B (BFST)?
