(BFST) Business First Bancshares - Overview
Stock: Deposits, Loans, Wealth, Treasury, Cards
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.27% |
| Yield on Cost 5y | 3.68% |
| Yield CAGR 5y | 5.51% |
| Payout Consistency | 100.0% |
| Payout Ratio | 20.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 31.6% |
| Relative Tail Risk | -9.32% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.31 |
| Alpha | -2.52 |
| Character TTM | |
|---|---|
| Beta | 0.832 |
| Beta Downside | 0.967 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.45% |
| CAGR/Max DD | 0.46 |
Description: BFST Business First Bancshares December 25, 2025
Business First Bancshares, Inc. (NASDAQ: BFST) is the holding company for b1BANK, a community-focused lender operating in Louisiana and Texas. The bank offers a full suite of deposit products (checking, savings, money-market, CDs, remote deposit capture) and a broad loan portfolio that includes commercial & industrial financing, construction, real-estate, agricultural, residential mortgages, and consumer installment loans. It also provides wealth-management services (mutual funds, annuities, IRAs) and a range of treasury, cash-management, and digital banking solutions.
As of the most recent 10-K, BFST reported total assets of roughly $4.5 billion, a net interest margin (NIM) of about 3.5%, and a loan-to-deposit ratio near 80%, indicating a balanced funding structure. The bank’s return on equity (ROE) hovered around 10% and its efficiency ratio was in the low 60s, suggesting solid profitability relative to peers in the regional-bank segment.
The company’s performance is closely tied to regional economic trends, especially the energy sector’s health in Texas and Louisiana, which influences commercial loan demand and credit quality. Additionally, the Federal Reserve’s interest-rate policy is a primary driver: higher rates tend to lift NIM but also raise the risk of loan delinquencies, while the ongoing shift toward digital banking accelerates fee-income opportunities.
For a deeper quantitative dive, you might explore BFST’s metrics on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: 87.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.37 > 1.0 |
| NWC/Revenue: 1216 % < 20% (prev -1345 %; Δ 2561 % < -1%) |
| CFO/TA 0.01 > 3% & CFO 92.5m > Net Income 87.9m |
| Net Debt (140.2m) to EBITDA (117.7m): 1.19 < 3 |
| Current Ratio: 5.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (29.7m) vs 12m ago 0.46% < -2% |
| Gross Margin: 60.92% > 18% (prev 0.57%; Δ 6035 % > 0.5%) |
| Asset Turnover: 6.37% > 50% (prev 5.83%; Δ 0.54% > 0%) |
| Interest Coverage Ratio: 0.43 > 6 (EBITDA TTM 117.7m / Interest Expense TTM 191.8m) |
Altman Z'' 5.22
| A: 0.76 (Total Current Assets 7.57b - Total Current Liabilities 1.35b) / Total Assets 8.21b |
| B: 0.04 (Retained Earnings 326.6m / Total Assets 8.21b) |
| C: 0.01 (EBIT TTM 82.7m / Avg Total Assets 8.04b) |
| D: 0.04 (Book Value of Equity 322.8m / Total Liabilities 7.32b) |
| Altman-Z'' Score: 5.22 = AAA |
Beneish M 1.00
| DSRI: 153.9 (Receivables 6.17b/35.9m, Revenue 511.9m/457.7m) |
| GMI: 0.93 (GM 60.92% / 56.69%) |
| AQI: 0.07 (AQ_t 0.07 / AQ_t-1 0.94) |
| SGI: 1.12 (Revenue 511.9m / 457.7m) |
| TATA: -0.00 (NI 87.9m - CFO 92.5m) / TA 8.21b) |
| Beneish M-Score: 122.3 (Cap -4..+1) = D |
What is the price of BFST shares?
Over the past week, the price has changed by +3.50%, over one month by +11.89%, over three months by +19.50% and over the past year by +11.42%.
Is BFST a buy, sell or hold?
- StrongBuy: 4
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BFST price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 32.9 | 10.2% |
| Analysts Target Price | 32.9 | 10.2% |
| ValueRay Target Price | 32.4 | 8.4% |
BFST Fundamental Data Overview February 09, 2026
P/E Forward = 9.6805
P/S = 3.1306
P/B = 1.1869
Revenue TTM = 511.9m USD
EBIT TTM = 82.7m USD
EBITDA TTM = 117.7m USD
Long Term Debt = 311.8m USD (from longTermDebt, two quarters ago)
Short Term Debt = 22.6m USD (from shortTermDebt, last quarter)
Debt = 551.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 140.2m USD (from netDebt column, last quarter)
Enterprise Value = 130.1m USD (979.1m + Debt 551.4m - CCE 1.40b)
Interest Coverage Ratio = 0.43 (Ebit TTM 82.7m / Interest Expense TTM 191.8m)
EV/FCF = 1.43x (Enterprise Value 130.1m / FCF TTM 91.0m)
FCF Yield = 69.95% (FCF TTM 91.0m / Enterprise Value 130.1m)
FCF Margin = 17.77% (FCF TTM 91.0m / Revenue TTM 511.9m)
Net Margin = 17.16% (Net Income TTM 87.9m / Revenue TTM 511.9m)
Gross Margin = 60.92% ((Revenue TTM 511.9m - Cost of Revenue TTM 200.1m) / Revenue TTM)
Gross Margin QoQ = 63.91% (prev 59.61%)
Tobins Q-Ratio = 0.02 (Enterprise Value 130.1m / Total Assets 8.21b)
Interest Expense / Debt = 8.51% (Interest Expense 46.9m / Debt 551.4m)
Taxrate = 18.94% (5.22m / 27.6m)
NOPAT = 67.1m (EBIT 82.7m * (1 - 18.94%))
Current Ratio = 5.62 (Total Current Assets 7.57b / Total Current Liabilities 1.35b)
Debt / Equity = 0.61 (Debt 551.4m / totalStockholderEquity, last quarter 896.9m)
Debt / EBITDA = 1.19 (Net Debt 140.2m / EBITDA 117.7m)
Debt / FCF = 1.54 (Net Debt 140.2m / FCF TTM 91.0m)
Total Stockholder Equity = 862.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 1.09% (Net Income 87.9m / Total Assets 8.21b)
RoE = 10.19% (Net Income TTM 87.9m / Total Stockholder Equity 862.5m)
RoCE = 7.04% (EBIT 82.7m / Capital Employed (Equity 862.5m + L.T.Debt 311.8m))
RoIC = 5.28% (NOPAT 67.1m / Invested Capital 1.27b)
WACC = 8.23% (E(979.1m)/V(1.53b) * Re(8.98%) + D(551.4m)/V(1.53b) * Rd(8.51%) * (1-Tc(0.19)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 8.20%
[DCF Debug] Terminal Value 80.02% ; FCFF base≈77.6m ; Y1≈92.5m ; Y5≈145.4m
Fair Price DCF = 67.71 (EV 2.36b - Net Debt 140.2m = Equity 2.22b / Shares 32.8m; r=8.23% [WACC]; 5y FCF grow 20.43% → 2.90% )
EPS Correlation: 43.99 | EPS CAGR: 13.58% | SUE: 1.08 | # QB: 1
Revenue Correlation: 92.38 | Revenue CAGR: 29.01% | SUE: 3.51 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.69 | Chg30d=+0.005 | Revisions Net=+2 | Analysts=4
EPS current Year (2026-12-31): EPS=3.02 | Chg30d=+0.009 | Revisions Net=+1 | Growth EPS=+6.9% | Growth Revenue=+16.9%
EPS next Year (2027-12-31): EPS=3.27 | Chg30d=+0.062 | Revisions Net=+3 | Growth EPS=+8.1% | Growth Revenue=+5.0%