Business First Bancshares ( (BFST) ) has released its Q2 earnings. Here is a breakdown of the information Business First Bancshares presented to its investors.
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Business First Bancshares, Inc., operating through its subsidiary b1BANK, is a financial institution providing commercial and personal banking services across Louisiana and Texas. The company recently released its financial results for the second quarter of 2025, reporting a net income of $20.8 million, marking an increase from the previous quarter. Core net income also saw a slight rise, reflecting the company’s stable financial performance.
Key highlights from the quarter include a successful core conversion to Fidelity Information Systems, which is expected to enhance future growth capabilities. The company also announced a definitive agreement to acquire Progressive Bancorp, Inc., which will expand its asset base. Additionally, Business First reported a stable net interest margin and a slight increase in common equity to total assets.
The company’s financial condition showed an increase in loans held for investment, although there was a slight decline in deposits due to a branch sale. Noninterest-bearing deposits increased significantly, while interest-bearing deposits saw a decrease. The company’s credit quality metrics showed an upward migration, with an increase in nonperforming loans.
Looking ahead, Business First Bancshares remains focused on growth and development, with plans to integrate its recent acquisitions and optimize its branch network. The management is optimistic about competing effectively in the Dallas market and maintaining a strong financial position.