BFSTNasdaqState Commercial BanksFiscal year ends December 31
Business First Bancshares, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$31.06−0.25 (-0.80%)
Close on Oct 19, 2026
- Market cap
- $1.02B
- P/E (TTM)
- 11.0
- Dividend yield
- 1.84%
Margins
Share of revenue, fiscal years 2012 to 2025
Net margin
820.8%+260.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.2% | +9.0% | +14.8% | -11.7% | |
| Net income | +34.9% | +17.4% | +24.0% | +35.9% | |
| EPS, diluted | +23.5% | +6.3% | +11.2% | +16.8% | |
| Free cash flow | +53.8% | +14.2% | +28.4% | +43.8% | |
| Dividend per share | +1.8% | +5.9% | +7.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 4.5% | 8.6% | 10.4% | |
| Return on assets | 0.5% | 0.9% | 1.1% | |
| Capex to revenue | 68.4% | 55.4% | 0.6% | |
| Diluted shares | 7M | 18M | 30M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Business First Bancshares generated $370.48M from operations and spent $104.30M on capital expenditure, dividends and share buybacks. 24% of that went back into the business.
Generated
$370.48M
Used
$104.30M
Capital expenditure$25.03M24%Dividends$64.62M62%Share buybacks$14.65M14%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin820.8%
×Asset turnover0.00×
×Equity multiplier9.47×
=Return on equity, FY202510.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 820.8% | 0.00× | 9.47× | 10.4% |
| FY2024 | 615.6% | 0.00× | 10.00× | 9.0% |
| FY2023 | 732.1% | 0.00× | 10.27× | 11.6% |
| FY2022 | 655.9% | 0.00× | 10.57× | 10.7% |
| FY2021 | 765.2% | 0.00× | 10.54× | 12.4% |
| FY2020 | 559.9% | 0.00× | 9.26× | 8.6% |
| FY2019 | 589.1% | 0.00× | 8.01× | 8.7% |
| FY2018 | 501.5% | 0.00× | 7.76× | 6.4% |
| FY2017 | 229.9% | 0.00× | 8.27× | 3.3% |
| FY2016 | 251.4% | 0.00× | 9.65× | 4.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$87.86M
- Cash generatingOperating cash flow above zero$92.08M
- Return on assets improvedROA up on the prior year1.0% → 1.1%
- Earnings backed by cashOperating cash flow above net income$92.08M vs $87.86M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise26M → 30M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.00 → 0.00