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Business First Bancshares, Inc. 10-Q Filings

BFST NASDAQ

Every 10-Q that Business First Bancshares, Inc. (BFST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BFST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BFST filings page.

Rhea-AI Summary

Business First Bancshares, Inc. reported Q2 2026 net income of $24,175 thousand, or $0.70 per diluted share, up from $22,103 thousand and $0.70 a year earlier. For the first six months, net income was $47,739 thousand and diluted EPS $1.37, compared with $42,646 thousand and $1.35 in 2025.

As of June 30, 2026, total assets were $8.9 billion, with loans of $6.7 billion and deposits of $7.2 billion. Shareholders’ equity rose to $1.0 billion, supported by issuing 3,192,367 shares to acquire Progressive Bancorp, Inc., which contributed $771,162 thousand of assets, $71,279 thousand of net assets and $12,172 thousand of goodwill plus $15,950 thousand of core deposit intangibles.

Credit quality remained manageable, with nonaccrual loans of $80,124 thousand and an allowance for loan losses of $62,458 thousand, plus a $5,373 thousand reserve for unfunded commitments. The company also acquired American Planning Corporation for $6.8 million, sold $100.3 million of Progressive-acquired loans while retaining servicing, and issued $85.0 million of subordinated notes, using part of the proceeds to redeem $66,927 thousand of existing subordinated debt.

Rhea-AI Summary

Business First Bancshares, Inc. delivered modestly higher earnings while expanding its balance sheet through acquisition and loan growth in Q1 2026.

Net income available to common shareholders rose to $22.2 million, or $0.68 per share, up from $19.2 million and $0.65 a year earlier. Total assets reached $8.9 billion, loans held for investment were $6.7 billion, and deposits were $7.5 billion, all helped by the January 1 acquisition of Progressive Bancorp, Inc., which added $773.8 million in assets.

Net interest income increased to $75.2 million, though net interest margin edged down to 3.65%. Credit costs remained manageable, but the allowance for credit losses increased to 1.03% of loans and nonperforming loans rose to 1.53% of loans. Shareholders’ equity improved to $991.2 million, or $28.18 book value per share, despite a $4.6 million other comprehensive loss from securities. After quarter-end, the company issued $85.0 million of subordinated notes to refinance debt and support future growth.

Rhea-AI Summary

Business First Bancshares (BFST) reported stronger operating results for the quarter ended September 30, 2025. Net income was $22.9M, up from $17.8M a year ago, and diluted EPS was $0.73 versus $0.65. Net interest income rose to $69.3M from $56.1M, while the provision for credit losses increased to $3.2M from $1.7M. For the nine months, net income reached $65.5M compared with $48.6M in 2024.

On the balance sheet as of September 30, 2025, total assets were $7.95B and total deposits were $6.51B. Available-for-sale securities at fair value were $985.9M, with accumulated other comprehensive loss improving to $36.4M from $63.0M at year-end. Loans held for investment were $6.02B with an allowance of $57.1M. Credit quality metrics softened: nonaccrual loans were $45.4M and loans ≥90 days past due and still accruing were $3.9M. The company paid preferred dividends of $1.35M for the quarter and had 29,615,370 common shares outstanding as of October 27, 2025.