Business First Bancshares Inc (BFST)
NASDAQ:BFST
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Earnings Data
Report Date
Jul 23, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.7Last Year’s EPS
0.66Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive tone: management reported solid first-quarter profitability (GAAP net income $22.2M; core EPS $0.73), meaningful deposit inflows, a strategic acquisition that expanded the franchise by $774M and 9 branches, successful capital actions including an $85M subordinated debt raise and opportunistic buybacks, and ongoing investments in talent and technology (Agentic AI partnership). Offsetting items included near-term loan growth pressure driven by elevated paydowns/payoffs ($579M) and a rise in nonperforming assets (NPLs to 1.53%), modest margin headwinds (NIM down ~4–6 bps), and expected incremental hiring-related expenses before Progressive cost saves fully materialize. Management reiterated guidance and expects gradual margin improvement and staged NPA resolution over the coming quarters. Overall, positives (scale, deposits, earnings, capital moves, and strategic hires) outweigh manageable near-term credit and margin headwinds.Company Guidance
Acquisition Expands Footprint and Assets
Closed Progressive Bank acquisition on January 1, adding $774 million in total assets and 9 branches, deepening presence in North Louisiana and increasing Texas loans to 35% of total loans.
Strong Quarterly Earnings and EPS
GAAP net income of $22.2 million and GAAP EPS of $0.68; non-GAAP core net income of $24.0 million and core EPS of $0.73.
Profitability and Efficiency Metrics
Delivered a 1.10% core ROAA and a core efficiency ratio of 62% for the quarter, indicating continued profitability and expense discipline.
Significant Deposit Inflows and Improved Liquidity
Total deposits increased $766.4 million (interest-bearing +$513.3M, noninterest-bearing +$253.0M); organic deposit growth excluding acquisition was $81.5 million (4.4% annualized linked quarter).
Successful Capital and Liability Management
Completed an $85 million private placement of subordinated debt (used $67 million to redeem existing subordinated debt), repaid $170.4 million of FHLB borrowings and reduced broker deposits by $112.5 million.
Noninterest Income Contribution
Core noninterest income of $13.9 million (GAAP $14.1M) driven by strong swap fees and SBA gains on sale, helping offset softer spread income.
Talent Acquisition and Organic Growth
Closed Progressive transaction and added numerous teammates organically, including a new Houston market president and a corporate banking leader for Texas; hired ~11 new producers in Houston contributing to future pipeline.
Deposit Retention and Pricing Discipline
Core CD balance retention rate of 81% in Q1 and maintained a weighted average new/renewed loan yield of 7.20%, reflecting disciplined pricing.
Tangible Book Value Growth and Share Repurchase Activity
Tangible book value grew at ~16% annualized since end of 2022; opportunistic buybacks executed at an average TBV multiple of ~1.19x while management remains prepared to repurchase when shares appear undervalued.
BFST Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BFST Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 27, 2026 | $28.10 | $26.86 | -4.42% |
Jan 22, 2026 | $27.87 | $26.97 | -3.23% |
Oct 23, 2025 | $23.01 | $24.60 | +6.88% |
Jul 28, 2025 | $24.84 | $24.24 | -2.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Business First Bancshares Inc (BFST) report earnings?
Business First Bancshares Inc (BFST) is schdueled to report earning on Jul 23, 2026, TBA (Confirmed).
What is Business First Bancshares Inc (BFST) earnings time?
Business First Bancshares Inc (BFST) earnings time is at Jul 23, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BFST EPS forecast?
BFST EPS forecast for the fiscal quarter 2026 (Q2) is 0.7.