Business First Bancshares, Inc. (BFST) Stock

Business First Bancshares, Inc. (BFST) is a Financials stock trading at $31.17 (as of 2026-08-21), with a market capitalization of $1.01B and a trailing P/E of 10.9. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Business First Bancshares, Inc. serves as the bank holding company for b1BANK, providing deposit accounts, certificates of deposit, and related services, along with commercial and consumer lending. It also offers wealth management and other financial services, including fiduciary and private banking products.

Understand Business First Bancshares, Inc.: how it makes money

Business First Bancshares operates as the bank holding company for b1BANK, providing deposit products and services and lending products, including commercial and industrial loans, to customers, and it earns money through banking activity tied to these products.

The company’s profit engine is its mix of banking products, deposits plus commercial and industrial lending (with other services), which together determine the income it generates.

Revenue by segment (latest quarter)
Swap$0.0B

Business quality (Strong): Data provided here shows revenue and swap-related revenue as 0.0B for the latest quarter, and it does not include any populated segment breakdown beyond swap revenue, so the business mix and trends are hard to validate from these facts alone.

Valuation: At 10× earnings, BFST trades 18% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Broad set of core banking offerings: It offers multiple deposit products and services (checking, demand, money market, time, savings) and also provides commercial and industrial lending products (such as lines of credit and letters of credit).
  • Diverse customer service channels: Services include items like remote deposit capture and direct deposit services, which can support ongoing customer activity.

Bear case

  • Limited information in the provided dataset: In the facts provided, revenue and swap-related revenue are shown as 0.0B for the latest quarter, and no other reportable segments with nonzero values are shown.
  • Credit sensitivity tied to its loan mix: Because the company provides commercial and industrial loan products, its results can be affected by the performance of its borrowers and the collateral underlying those loans.
Valuation — source: SEC EDGAR (first-party)
Price$31.17
Market Cap$1.01B
P/E Ratio10.9
EV / EBITDA3.6
Price / Book1.01
Price / Sales87.84
FCF Yield5.0%
DCF Value (model)$51.32
DCF Upside vs Price64.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$10.70M
Net Margin820.8%
Revenue Growth (YoY)21.4%
EPS Growth (YoY)0.0%
Valuation vs Sector & Industry
Stock P/E10.9
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-27.7%
vs Industry-15.8%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($66.17M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEODavid R. Melville
Employees849
CountryUS
IPO Date2018-04-23

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • Mercantile Bank Corporation (MBWM)
  • Equity Bancshares, Inc. (EQBK)
  • MetroCity Bankshares, Inc. (MCBS)
  • CNB Financial Corporation (CCNE)
  • Horizon Bancorp, Inc. (HBNC)
  • TrustCo Bank Corp NY (TRST)
  • Central Pacific Financial Corp. (CPF)
  • Southside Bancshares, Inc. (SBSI)
BFST earnings history · BFST institutional & insider holders · BFST KPIs & operating metrics · BFST financials · BFST investor presentations & press releases · BFST SEC filings · BFST peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.