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Business First Bancshares, Inc. (BFST) company profile

BFSTNasdaqState Commercial BanksFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Nov 3, 2026Score 13/300% below fair value
$32.27−0.14 (-0.43%)

Close on Nov 13, 2026Market cap $1.05BP/E 11.4Yield 1.77%

About Business First Bancshares

State Commercial Banks, SIC 6022

Business First Bancshares, Inc. operates as a financial holding company and the parent entity of b1BANK. Through this commercial banking subsidiary, the company delivers banking and financial services designed primarily for small to mid-sized businesses, their owners, and employees, as well as individual consumers and high-net-worth clients. Its primary offerings comprise commercial, industrial, real estate, and consumer lending, treasury and cash management, and various deposit accounts such as checking, savings, and certificates of deposit. Additional services include wealth management, fiduciary planning, small business administration lending assistance, and merchant solutions.

The institution operates across Louisiana and Texas, with locations situated throughout Louisiana and within the Houston and Dallas-Fort Worth metropolitan areas. Its physical distribution network consists of banking centers and loan production offices, alongside an investment advisory subsidiary located in Mississippi. The organization employs over eight hundred individuals across its branch network and remote locations. Business First Bancshares maintains its corporate headquarters in Baton Rouge, Louisiana.

Summary of the business section of Business First Bancshares's latest annual report, written by StockData.

Company profile

Company

Legal name
Business First Bancshares, Inc.
Founded
2006
Headquarters
Baton Rouge, LA
Address
500 Laurel Street, Suite 101 70801
Phone
(225) 248-7600
Website
b1bank.com
Employees
842, Dec 31, 2025
Industry
State Commercial Banks
Incorporated in
Louisiana
Fiscal year ends
December 31
Auditor
Forvis Mazars, LLP, Birmingham, AL

Stock & identifiers

Ticker
BFST
Former tickers
BFBI until Mar 21, 2018
Exchange
Nasdaq
IPO date
Apr 23, 2018
Shares outstanding
33M, Jul 24, 2026
Public float
$697.90M, Jun 30, 2025
Filer category
Accelerated filer
SEC CIK
1624322
CUSIP
12326C105
ISIN
US12326C1053
FIGI
BBG000TGZHS6
Share class FIGI
BBG001T056Q8
LEI
549300ILTC50KHDX4A08
EIN
20-5340628

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
David R. Melville IiiPresident and CEO, Director208,902
Donald Chad CarterEVP, Correspondent Banking12,642
Saundra StrongEVP & General Counsel4,878
Keith MansfieldEVP&COO of b1Bank77,139
Heather G. RoemerEVP, CAO35,111
Philip JordanEVP&CBO of b1Bank87,308
Greg RobertsonEVP and CFO69,532
Warren McDonaldEVP & Chief Credit Officer14,195
Kathryn ManningEVP & Chief Risk Officer15,791
Norman Jerome Vascocu JrPresident of b1Bank21,595
George W. Cummings IIIDirector169,283
William G. HallDirector24,540
Joseph Vernon JohnsonDirector281,769
Rick D. DayDirector269,901
Mark P. FolseDirector54,302
Keith Alexis TillageDirector6,409
John P. DucrestDirector20,768
Aimee M. QuirkDirector2,533
Zeenat SidiDirector1,674
Steven Gerard WhiteDirector44,679
Patrick E. MocklerDirector64,047
David A. Montgomery Jr.Director14,268
Rolfe H. McCollister Jr.Director99,096
Alejandro M. SanchezDirector1,016
Arthur PriceDirector22,680

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$2.58M$2.60M$1.13M$144$131
FY2024$3.12M$3.09M$1.37M$138$127
FY2023$2.40M$2.42M$1.01M$129$116
FY2022$2.52M$2.03M$924.15K$113$121
FY2021$2.03M$2.18M$898.88K$142$133
FY2020$1.74M$1.32M$753.83K$84$88

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryBonusStock awardsIncentive payOtherTotalvs. prior year
David R. Melville, III
Chairman, President, and Chief Executive Officer
$801.50K–$864.51K$666.58K$250.18K$2.58M-17%
Gregory Robertson
Executive Vice President and Chief Financial Officer
$434.00K–$309.76K$219.60K$83.70K$1.05M-18%
Philip Jordan
Executive Vice President and Chief Banking Officer
$432.50K–$309.76K$200.51K$95.99K$1.04M-19%
Keith Mansfield
Executive Vice President and Chief Operating Officer
$434.00K–$309.76K$219.60K$65.27K$1.03M-18%
Norman "Jerry" Vascocu
President of the Bank
$489.50K$50.00K$477.00K$289.38K$153.37K$1.41M-16%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we proudly employ 821 full-time and 21 part-time employees (for a total of 842 employees).”

Corporate history

Events identified from SEC filings

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