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) announced its first quarter 2023 earnings release scheduled for April 27, 2023, after market close. The management team will host a conference call at 4:30 p.m. CDT on the same day to discuss the results. Interested parties can join the call by dialing 1-800-715-9871 and using conference ID 8276536. A live webcast will be available on the company’s website and a corresponding slide presentation will be released.
As of December 31, 2022, Business First Bancshares reported $6.0 billion in assets and $6.5 billion in assets under management through its affiliate Smith Shellnut Wilson, LLC. The bank operates in Louisiana and Texas, offering a range of commercial and personal banking services. Notably, b1BANK was recognized as the #1 Best-In-State Bank in Louisiana by Forbes.
Business First Bancshares (NASDAQ: BFST) reported its financial results for the year ended December 31, 2022. The company achieved a net income of $52.9 million, or $2.32 per diluted share, reflecting a year-over-year increase of $0.8 million, despite a decrease of $0.21 in EPS. Core net income rose to $57.6 million, with a core EPS of $2.52. For Q4 2022, net income was $16.6 million, or $0.67 per share, up by $2.8 million from Q3 2022. Loan growth was robust, with total loans at $4.6 billion, a 3.98% quarterly increase. The board declared a quarterly dividend of $0.12 per share, payable February 28, 2023.
B1BANK has announced plans to relocate its Ryan Street location to a new facility in downtown Lake Charles later this year, driven by significant growth in the area since 2009. The new building, located at 825 Ryan Street, will offer larger space, additional parking, a drive-thru service, and an Interactive Teller Machine for extended access to banking services. The design will reflect local historic architecture while incorporating modern technologies for storm resilience. Business First Bancshares, Inc. (Nasdaq: BFST), the parent company, manages $5.8 billion in assets and operates throughout Louisiana and parts of Texas, offering a range of commercial and personal banking services.