Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________________________________________ FORM 10-Q _______________________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period f ...

Core Insights - Business First Bancshares Inc. has appointed Alejandro M. Sanchez to its Board of Directors and the b1BANK Board, effective March 27, 2025 [1][4] - Sanchez brings extensive experience in guiding financial institutions through regulatory environments and strategic transformations, aligning with the company's growth strategy [4][2] - As of March 31, 2025, Business First Bancshares, Inc. has $7.8 billion in assets and $7.1 billion in assets under management through its affiliate [5] Company Overview - Business First Bancshares, Inc. operates through its banking subsidiary b1BANK, providing commercial and personal banking products and services across Louisiana and Texas [5] - b1BANK has received accolades such as the 2024 Mastercard "Innovation Award" and is a multiyear winner of American Banker Magazine's "Best Banks to Work For" [5] Leadership Background - Alejandro M. Sanchez has served as president and CEO of Salva Financial Group and has held various board positions, contributing expertise in governance and risk management [2][3] - Sanchez's previous leadership roles include president and CEO of the Florida Bankers Association from 1998 to 2023 and appointments to the Federal Retirement Thrift Investment Board [3]

Group 1 - The core viewpoint of the article is that Business First Bancshares (NASDAQ: BFST) has shown significant improvements, including a return to growth in net interest margin (NIM), declining deposit costs, and the acquisition of Oakwood, making it a stronger bank [1]. Group 2 - The bank's NIM has returned to growth, indicating improved profitability from its lending activities [1]. - Deposit costs are declining, which suggests better management of funding expenses and potentially higher margins [1]. - The acquisition of Oakwood is a strategic move that enhances the bank's market position and operational capabilities [1].

Business First Bancshares, Inc. (NASDAQ:BFST) Q1 2025 Earnings Call April 24, 2025 5:00 PM ET Company Participants Matt Sealy - Investor Relations Jude Melville - Chairman and Chief Executive Officer Greg Robertson - Chief Financial Officer Philip Jordan - Chief Banking Officer Jerry Vascocu - President, b1BANK Conference Call Participants Matt Olney - Stephens Michael Rose - Raymond James Feddie Strickland - Hovde Group Christopher Marinac - Janney Manuel Navas - D.A. Davidson Operator Hello and thank you ...

Business First (BFST) reported $79.21 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 30%. EPS of $0.65 for the same period compares to $0.50 a year ago.The reported revenue represents a surprise of +3.44% over the Zacks Consensus Estimate of $76.58 million. With the consensus EPS estimate being $0.61, the EPS surprise was +6.56%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Business First (BFST) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.56%. A quarter ago, it was expected that this company would post earnings of $0.46 per share when it actually produced earnings of $0.66, delivering a surprise of 43.48%.Over the last four quarters, the company ha ...

Business First Bancshares (BFST) Q1 2025 Earnings Call April 24, 2025 05:00 PM ET Company Participants Matthew Sealy - Senior VP and Director of Corporate Strategy & FP&AJude Melville - Chairman, President and CEOGregory Robertson - Executive VP, CFO & TreasurerMatt Olney - Managing DirectorMichael Rose - Managing Director - Equity ResearchFeddie Strickland - DirectorChristopher Marinac - Director of ResearchJerry Vascocu - President Conference Call Participants Manuel Navas - MD & Senior Research Analyst O ...

500 Laurel Street Baton Rouge, LA 70801 Phone: 877.614.7600 April 24, 2025 b1BANK FOR IMMEDIATE RELEASE Media Contact: Misty Albrecht 225.286.7879 Misty.Albrecht@b1BANK.com Business First Bancshares, Inc., Announces Financial Results for Q1 2025 Baton Rouge, La. (April 24, 2025) – Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended March 31, 2025. Business First reported net income available to common sharehol ...

Core Insights - Business First Bancshares, Inc. reported a net income of $19.2 million or $0.65 per diluted common share for the quarter ended March 31, 2025, reflecting an increase of $4.1 million and $0.14 compared to the previous quarter [1][42] - The company declared a quarterly preferred dividend of $18.75 per share and a common dividend of $0.14 per share, both to be paid on May 31, 2025 [2] Financial Performance - Core net income on a non-GAAP basis for the quarter was $19.3 million or $0.65 per diluted common share, a slight decrease of $0.2 million and $0.01 from the linked quarter [1] - Net interest income totaled $66.0 million, with a net interest margin of 3.68% and a net interest spread of 2.91%, compared to $65.7 million, 3.61%, and 2.77% for the previous quarter [7][14] - Return on average assets was 1.00% and return on common equity was 10.48% for the quarter, compared to 0.78% and 8.23% for the linked quarter [19][36] Loan and Deposit Trends - Loans held for investment remained flat with a slight decrease of $480,000 or 0.01% from the previous quarter, while real estate construction loans decreased by $36.8 million [5] - Deposits decreased by $53.1 million or 0.82%, primarily due to customer withdrawals, although new account openings generated approximately $379.9 million during the quarter [10] Credit Quality - The ratio of nonperforming loans increased by 27 basis points to 0.69% as of March 31, 2025, while nonperforming assets to total assets rose by 16 basis points to 0.55% [6][35] - The company recorded a provision for credit losses of $2.8 million, down from $6.7 million in the previous quarter [16] Capital and Equity - Common equity to total assets increased from 9.26% to 9.69%, and tangible common equity to tangible assets rose from 7.63% to 8.06% [7] - Book value per common share increased to $25.51 at March 31, 2025, compared to $24.62 at December 31, 2024 [12][36] Securities and Investments - The securities portfolio increased by $27.0 million or 3.02%, with positive fair value adjustments contributing $12.9 million to this increase [9] - Noninterest income increased by $1.4 million or 11.55%, driven by gains on loan sales and other income sources [17]

BATON ROUGE, La., April 01, 2025 (GLOBE NEWSWIRE) -- Business First Bancshares, Inc. (NASDAQ:BFST), the parent company of b1BANK, is scheduled to release first quarter 2025 earnings after market close on Thursday, April 24, 2025. Executive management will host a conference call and webcast to discuss results on the same day (Thursday, April 24, 2025) at 4:00 p.m. CST. b1BANK 225.286.7879 Misty.Albrecht@b1BANK.com Investor Relations Contact: Gregory Robertson Matt Sealy 337.721.2701 225.388.6116 Gregory.Robe ...